• For Sale
  • Multi Family · 2 Units

601 N Sherman Dr Indianapolis, IN 46201 Get directions

$70,000
6 Beds 2 Baths 5,663 Sq. ft. Lot
  • Age 89 Years
  • MLS# 21641607
  • Listed 3 Months 5 Days Ago

Overview

Tuxedo Park duplex with 3 bedrooms and 1 bath per side. Unique front/back duplex offers each unit more privacy that the standard side by side style. Both sides are currently vacant and have been cleaned out but will need new paint and flooring to attract great tenants. Both sides have central air conditioning. Market rent is $750 per side so an exciting opportunity to get some great cashflow.

Features

Bedrooms

  • Bedrooms: 6

Appliances

  • Laundry Facilities: Connections All

Bathrooms

  • Full Bathrooms: 2

Land Info

  • Lot Description: Lot Information: Access Alley, Access Street, Busline, Sidewalks
  • Lot Size Acres: 0.13
  • Lot Size Dimensions: 40 X 140

Garage and Parking

  • Parking Features: Unit Parking: Unpaved

Homeowners Association

  • Association: No
  • Calculated Total Monthly Association Fees: 0

Multi-Unit Info

  • Number of Units: 2
  • Bedrooms in Unit-1: 3
  • Bedrooms in Unit-2: 3
  • Total Bathrooms in Unit-1: 1
  • Total Bathrooms in Unit-2: 1
  • Unit-1 Description: ClCntrlAir, FuelElec, FuelElec, HeatForced, HotWtrGas
  • Unit-2 Description: ClCntrlAir, FuelElec, HeatForced, HotWtrGas

School Information

  • School District: Indianapolis Public Schools

Rental Info

  • Tenant Pays: All Utilities

Other Property Info

  • Annual Tax Amount: 1518
  • Source Listing Status: Active
  • County: Marion
  • Directions: TURN NORTH ON SHERMAN FROM WASHINGTON TO HOME ON EAST SIDE OF STREET OR SOUTH ON SHERMAN FROM 10TH STREET. HOME IS JUST NORTH OF MICHIGAN STREET.
  • Tax Year: 2018
  • Source Property Type: Multi-Family
  • Area: 4912 - Marion - Center Ne
  • Source Neighborhood: LOWES E MICH ST
  • Subdivision: LOWES E MICH ST
  • Township: Center NE
  • Property Subtype: 1-4 Units Residential
  • Lot Number: 6
  • Source System Name: C2C

Exterior and Lot Features

  • Lot Size Square Feet: 5663

Building and Construction

  • Year Built: 1930
  • Building Exterior Type: Vinyl
  • Property Age: 89
  • House Style: TraditonalAmerican

Nearby Schools

Rating School Grades Distance
1 Ralph Waldo Emerson School 58 K-6 0.5 mi
8 Paramount School Of Excellence K-8 1 mi
1 Thomas Carr Howe Community High School 7-12 1 mi
NA Horizon Christian Private School -Shephard Campus K-5 0.6 mi

School data provided by National Center for Education Statistics, Maponics, and GreatSchools. Intended for reference only. GreatSchools Ratings compare a school’s test performance to statewide results. To verify enrollment eligibility, contact the school or district directly.

Neighborhood

Property History for 601 N Sherman Dr

Property Tax

Property Price

Date Event Price Price / Sq ft Source
2019-05-18 Listed $70,000 Indianapolis
2011-11-24 Listing removed $75,000 $29 Indianapolis
2011-05-24 Listed $75,000 $29 Indianapolis

The price and tax history data is obtained from public records and/or MLS feeds from local jurisdiction. Contact your REALTOR® directly in order to obtain the most up-to-date information available.