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3220 N Park AVE Indianapolis, IN 46205
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Key Details
Sold Price $425,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Subdivision Osgoods Forest Park
MLS Listing ID 22025333
Sold Date 05/13/25
Year Built 1910
Tax Year 2023
Lot Size 6,534 Sqft
Acres 0.15
Property Sub-Type Duplex
Property Description
Two Homes for the Price of One! This fully renovated duplex was gutted in 2019 with major upgrades, including Hardie board siding, double-hung windows, furnaces, AC units, hot water heaters, PEX plumbing, electrical, and new water and sewer lines. One side offers 2,300+ SF, three bedrooms and three full baths, plus a half bath. The other has 1,500 SF, two en-suite bedrooms, and a half bath. Rent one side to offset your mortgage. The 3-bed unit operated as a mid-term rental with 80% occupancy at $1,100/room. The 2-bed unit is currently leased at $1,900/month. The home has potential for condo conversion. Prime location: 10 minutes to the $4B IU Health hospital expansion, 15 minutes to downtown, plus free Newfields and Children's Museum memberships.
Location
State IN
County Marion
Rooms
Basement Unfinished
Interior
Heating Electric
Fireplace N
Exterior
Roof Type Asphalt
Building
Story Two
Foundation Block
Architectural Style TraditonalAmerican
Structure Type Brick,Wood Siding
New Construction false
Schools
School District Indianapolis Public Schools
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