45 N Ewing Street
Property Description
Welcome to 45 N Ewing Street, a well-maintained side-by-side duplex on Indianapolis's near eastside, conveniently located within 10 minutes of downtown, Brookside Park, Christian Park, Ellenberger Park, Community East Hospital, the Community Justice Center, and more. Each 870-square-foot single level unit offers one bedroom and one bath, with a mix of original hardwood and laminate flooring, a front den/flex room, spacious living room, large formal dining room, kitchen with pantry, and a partial unfinished basement with laundry hookups and utility sink. Separately fenced rear yards give each side its own private outdoor space, with off-street parking off the rear alley. Move-in or rent-ready and professionally managed by the Wilmoth Group, the property features a roof only two to three years old. The vacant unit is marketed at $825 per month and can be delivered vacant at the buyer's option, while the occupied unit rents for $775 per month through 4/30/27. Separately metered utilities are paid by the tenants, and combined rents well exceed the coveted 1% rule, making this a strong cash-flowing option for investors and an ideal house-hack for owner-occupants. Rental-grade quality today, with clear upside in both value and rents through cosmetic improvements-schedule your showing and see the potential for yourself. No seller/creative financing.
Broker Details
Keller Williams Indianapolis Metro North (317) 846-6300
MLS ID: 36002 State License Number: RB15000083
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | 2-4 Units |
| Price: | $139,000 |
| No. of Units: | 2 |
| Year Built: | 1925 |
| Opportunity Zone: | No |
| Price per unit: | $69,500 |
| Property Website | Click Here |
| Number of Bedrooms: | 2 |
| Number of Bathrooms: | 2 |
ID: 3yd-MIBORIN-22130010
Investment Analyzer
Sponsored by:
Step 1Financing Calculation
Step 2Gross Rent Analysis
Please enter annual amounts.
Step 3Final Deal Analysis
Similar Properties in the Area
Brokers
View All-
Remax Real Estate Professionals
Re/Max Real Estate Professionals
-
Jared Ennis
Central CA Commercial | California
-
Rick Recckio
Recckio Real Estate & Development
-
Eamonn McConnell
Avison Young - CA - ON - Greater Toronto
Lenders
View AllManagement
View All-
Essex Property Trust, Inc.
California
-
Josh A
California
-
Bob Tuteur
-
Andrew Schildcrout