Discover an outstanding investment opportunity with this charming duplex located at 1409 and 1411 Marlowe Ave in the heart of Indianapolis. Each side features three spacious bedrooms and one full bathroom, making this property perfect for both seasoned investors and those entering the real estate market. Situated just minutes from downtown Indianapolis, this duplex offers convenient access to the Monon Trail and the vibrant Bottleworks District, known for its shopping, dining, and entertainment. This prime location ensures a strong demand for rentals and great potential for appreciation in value. The open floor plans of both units create a welcoming atmosphere, enhanced by large windows that fill the spaces with natural light. Modern kitchens are equipped with ample counter space and essential appliances, perfect for culinary pursuits. Each unit's three well-sized bedrooms provide comfortable living spaces, while the conveniently located full bathrooms serve essential needs. With separate entrances and utilities, privacy and functionality are maximized for each unit. Investors will find significant potential for passive income, given the growing demand for rental properties in the 46201 zip code. Recent comparable properties highlight strong rental rates, making this duplex an attractive prospect for diversifying any investment portfolio. Don't miss this unique opportunity to own a duplex in a sought-after Indianapolis location. This property is ideal for anyone looking to embark on or expand their real estate journey. Explore the possibilities that 1409 and 1411 Marlowe Ave have to offer! Major renovation has already started on the 1411 Marlowe side. Many materials are there including kitchen cabinets, all bathroom vanities, new Anderson windows, front doors, back door, and HVAC duct work.
Sold
$255,000
1409 Marlowe Ave, Indianapolis, IN 46201
3beds
1baths
--sqft
Multi Family, Duplex
Built in 1986
-- sqft lot
$258,400 Zestimate®
$--/sqft
$1,136 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: December 12, 2024 at 08:57am
Listing Provided by:
Joshua Vida jvida@realtyparadigm.com,
Paradigm Realty Solutions
Bought with:
Cory Robinson
CityPlace Realty
Source: MIBOR as distributed by MLS GRID,MLS#: 22005202

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 1
Cooling
- Central Air
Features
- Has basement: Yes
Property
Features
- Levels: Two
- Stories: 2
Lot
- Size: 4,356 sqft
Details
- Parcel number: 491006161029000101
- Special conditions: As Is
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Victorian
- Property subtype: Multi Family, Duplex
Materials
- Vinyl Siding
- Roof: Asphalt
Condition
- New construction: No
- Year built: 1986
Community & neighborhood
Location
- Region: Indianapolis
- Subdivision: Arsenal Park
Services availability
Get a cash offer in 3 minutes
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Estimated market value
$258,400
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$258,400