3250 Central Avenue, Indianapolis, IN 46205

Indianapolis
Local realty services provided by:Better Homes and Gardens Real Estate Gold Key
3250 Central Avenue,Indianapolis, IN 46205
$310,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: justin lowe, david orton
Office: ellsbury group
MLS#:22077227
Source:IN_MIBOR

Price summary

  • Price:$310,000

About this home

High-performing duplex featuring two units, each with 3 bedrooms and 1 bath. Both units are currently vacant, providing convenient access for showings and a seamless opportunity to bring the three-bedroom, one-bath units to the proposed market rent of $1,600. Excellent opportunity for immediate cash flow or owner-occupancy. Please note that the current rent roll and trailing 12 months are calculated under the assumption that both units are rented. Schedule your tour today to see the potential for yourself! Investment Highlights: Anchored by Billion-Dollar Developments - IU Medical Campus, Circle Centre Mall Redevelopment, The Cultural Trail Low-Maintenance Portfolio addition with new water heaters and furances Strong Proforma Gross Monthly Income Immediate "Day 1 " Value-Add Low Vacancy Rates in the area

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Home facts

  • Year built:1921
  • Listing ID #:22077227
  • Added:101 day(s) ago
  • Updated:March 30, 2026 at 02:49 PM

Rooms and interior

  • Basement:Yes
  • Basement Description:Basement

Heating and cooling

  • Heating:Forced Air

Structure and exterior

  • Year built:1921
  • Lot area:0.15 Acres
  • Construction Materials:Brick

Finances and disclosures

  • Price:$310,000
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