2749 S Illinois Street, Indianapolis, IN 46225
- $275,000
- $275,000
- $275,000
- $275,000
Description
Situated in the thriving Garfield Park area, this freshly painted 2025 duplex is a prime house-hacking or investment opportunity! Each unit offers 2 bedrooms, 1 bathroom, and 900 sq ft of updated living space, making it ideal for homeowners looking to offset their mortgage or investors seeking a strong rental property. The second unit (98 Gimber St) features a 1.5-car garage with a workshop, providing valuable storage space or an ideal setup for hobbyists. Both units received extensive renovations in 2020, including new flooring, showers, cabinets, appliances, and fresh paint, ensuring a modern, move-in-ready feel. Additionally, the crawl space was professionally cleaned, reinforced, and fully waterproofed in 2020 to enhance the property’s longevity and structural integrity. One unit is currently leased on a month-to-month basis, while the other has a 90-day lease, with a tenant eager to stay, offering immediate rental income potential or flexibility for an owner-occupant. This duplex sits minutes from downtown Indianapolis, placing residents near top dining, entertainment, and shopping destinations. The sought-after Garfield Park area offers tree-lined streets, historic charm, and easy access to walking trails, a conservatory, an arts center, and year-round events. The Southside’s vibrant community scene features unique coffee shops, breweries, and markets, while I-65 access makes commuting a breeze. Whether you’re looking to live in one unit while renting out the other to cover costs, expand your real estate portfolio, or secure a well-maintained rental property in a high-demand area, this duplex delivers on value, location, and long-term potential. Don’t miss this rare opportunity-schedule your showing today!
Address
Open on Google Maps-
Address: 2749 S Illinois Street
-
City: Indianapolis
-
State/county: IN
-
Zip/Postal Code: 46225
-
Area: No Subdivision
Details
Updated on May 1, 2025 at 3:23 am-
Property ID 22028244
-
Price $275,000
-
Land Area 0.26 Acres
-
Garage 1
-
Garage Size x x
-
Year Built 1962
-
Property Type Duplex, Residential Income
-
Property Status Closed
Additional details
-
County Marion
-
Property Type Residential Income
-
Parking Detached
-
Architectural Style Ranch
Mortgage Calculator
-
Down Payment
-
Loan Amount
-
Monthly Mortgage Payment
-
Property Tax
-
Home Insurance
-
PMI
-
Monthly HOA Fees