• Property Type
  • Duplex, Residential Income
  • 1
  • Garage
  • Sqft
  • Area Size
2749 S Illinois Street, Indianapolis, IN 46225
  • $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: 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

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Preeti Chaggar

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