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301 E Southern Avenue, 
Indianapolis, IN 46225

$205,000


Bed


Bath


-

Sq Ft


Multi-Family

Active

Listed by

Andy Tresize

Compass Indiana, LLC.

317-563-5051

Last updated:

July 17, 2025, 01:57 PM

MLS#

22038501

Source:

IN MIBOR

About This Home

301 E Southern Avenue

Expand your portfolio with this exceptional duplex located in the highly desirable Garfield Park area! With significant investment and revitalization efforts underway, this is a prime opportunity to secure a property in a flourishing neighborhood. This duplex is currently occupied by tenants on a month-to-month lease, providing $1,900 total/month, with market rent potential of $2,420 total/month. Addresses are 301 and 303 E Southern Ave. Recent updates to the property include a newer roof, fresh paint, modern light fixtures, updated appliances, and renovated kitchen and bathroom, ensuring it's attractive to tenants and requires minimal upkeep. Located conveniently on the west side, this property offers easy access to a variety of amenities, including schools, parks, and shopping centers. Enjoy seamless connectivity to S Meridian St, Raymond St, Madison Ave, and highways I-70/65. Major employment hubs such as 16 Tech, IU Health Methodist Hospital, Eli Lilly, and downtown Indianapolis are just a short commute away, enhancing the property's desirability. This duplex is part of an exclusive 16-property investment portfolio, which includes 11 duplexes, 3 single-family homes, and 2 vacant lots, and cannot be purchased individually. This is a rare opportunity to acquire a substantial portfolio in a promising area. Don't miss out on the potential for growth and income with this unique investment opportunity in Garfield Park!

Home Facts

Multi-Family

Built in 1920

Price Summary

205,000

MLS #:

22038501

Last Updated:

July 17, 2025, 01:57 PM

Added:

2 day(s) ago


Structure

Structure

Year Built:

1920


Lot

Lot Size (Sq. Ft):

10,890


Finances & Disclosures

Finances

Price:

$205,000

Source:IN MIBOR
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Contact an Agent

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By clicking Contact I agree a Coldwell Banker Agent may contact me by phone or text message including by automated means and prerecorded messages about real estate services, and that I can access real estate services without providing my phone number. I acknowledge that I have read and agree to the Terms of Use and Privacy Notice.