Rare Investment Opportunity - Two Homes on One Lot in Bates-Hendricks! Unique income-producing opportunity featuring two homes on one parcel, ideal for investors, house hackers, Airbnb operators, or short-term rental opportunities. Home #1 is a fully renovated, turnkey rental that has been taken down… Read More to the studs with all new electrical, plumbing, HVAC, windows, siding, and a newer roof. The home is fully furnished and rent-ready, making it perfect for short-term rentals, travel nurses, contractors working at Lilly, or Airbnb. It has recently rented for $2,000/month with landlord paying all utilities. This home offers 2 bedrooms, 1.5 baths, a dedicated laundry area, living room, and formal dining room, providing a comfortable layout for guests or long-term tenants. Home #2, located on **New Jersey Street-one of the most sought-after streets in Bates-Hendricks-**offers an incredible value-add / redevelopment opportunity. The home already features brand new siding, new windows, and a newer roof and has been taken down to the studs, allowing the next owner to finish the build to their specifications. Potential layouts include 3 bedrooms and 2.5 baths with attic space, or the opportunity to add a loft for additional living space, maximizing rental potential or resale value. Properties offering two homes on one lot are extremely rare, especially in this highly desirable location near downtown. Perfect opportunity for house hacking (live in one, rent the other), STR/Airbnb operation, long-term rentals, or redevelopment investment. Read Less
Courtesy of HoosierWise Realty, 317-538-6481.
Listing Snapshot
Days Online
31
Last Updated
Property Type
Duplex
Lot Size
0.1 Acres
Year Built
1920
MLS Number
22088391
30 Days Snapshot Of 46225
$199k
+1%
(avg) sold price
12
+33%
homes sold
89
-38%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
Levels: "Two", Year Built: 1920
Lot
Acres: 0.1, MLS Acres: <1/4 Acre
Find The Perfect Home
'VIP' Listing Search
Whenever a listing hits the market that matches your criteria you will be immediately notified.
The data relating to real estate for sale on this website comes courtesy of MIBOR REALTOR® Association as distributed by MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.”
Based on information submitted to the MLS GRID as of ,
Confirm your time
Fill in your details and we will contact you to confirm a time.