1407 S Alabama Street, Indianapolis, IN 46225
Local realty services provided by:Better Homes and Gardens Real Estate Gold Key
1407 S Alabama Street,Indianapolis, IN 46225
$324,999
- - Beds
- - Baths
- - sq. ft.
- Multi-family
- Active
Listed by:todd burton
Office:berkshire hathaway home
MLS#:22065600
Source:IN_MIBOR
Price summary
- Price:$324,999
About this home
Income-Producing Duplex in the heart of Bates Hendricks - Fully Remodeled & Move-In Ready! Discover this charming duplex in the highly desirable Bates Hendricks neighborhood, where modern updates meet timeless character. Each identical unit offers 2 bedrooms, 1 full bathroom, and its own garage space, providing comfort and convenience for both residents and tenants alike. Step inside and you'll find a home that has been completely remodeled with stylish finishes throughout, including luxury vinyl plank flooring, fresh paint, and sleek euro-style kitchens. Everything is move-in ready - just close on the purchase, place your tenants, and start generating income immediately. Enjoy the outdoors on the covered front porch or entertain in the spacious backyard, which offers even more potential for your investment - envision a carriage house or ADU to expand your rental income. This property is not only a strong investment opportunity, it's also perfect for house-hackers. Live in one unit and rent out the other to offset your mortgage and expenses, all while building long-term wealth. Located just minutes from downtown Indianapolis, this duplex combines modern living with an unbeatable location in a thriving neighborhood with strong rental demand. Whether you're looking for a turnkey investment property or a smart way to own your own home while tenants help pay the bills, this Bates Hendricks duplex is the opportunity you've been waiting for!
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Home facts
- Year built:1885
- Listing ID #:22065600
- Added:1 day(s) ago
- Updated:October 06, 2025 at 11:45 PM
Heating and cooling
- Cooling:Central Electric
- Heating:Forced Air
Structure and exterior
- Year built:1885
- Lot area:0.17 Acres
Finances and disclosures
- Price:$324,999
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