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Listed by Carolyn Gonzalez • The Modglin Group
$ 170,000
Est. payment /mo
New
1221 Lee ST Indianapolis, IN 46221
0.26 Acres Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Subdivision L C Coburns Sub J F
MLS Listing ID 22125729
Year Built 1938
Tax Year 2025
Lot Size 0.260 Acres
Acres 0.26
Property Sub-Type Duplex
Property Description
This 2-bedroom, 2-bath duplex offers an excellent opportunity for an investor looking to add to their portfolio. The property also includes an additional vacant lot, creating exciting potential for future development. The additional lot could be an ideal location for a second duplex, subject to zoning, setbacks, utilities, permits, and buyer due diligence. Whether you're looking for an income-producing property, a value-add investment, or an opportunity to expand your rental portfolio, this property offers plenty of possibilities. Live in one unit, rent the other, or maximize the potential of both parcels. Opportunities like this don't come along often an existing duplex plus additional land for potential future development!
Location
State IN
County Marion
Interior
Fireplace N
Exterior
Garage Spaces 2.0
Building
New Construction false
Schools
School District Indianapolis Public Schools
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