$130,000
1122 N Dearborn St, Indianapolis, IN 46201
Current Rent **
N/A
Projected Rent **
$850
🏠 👪 1122 N Dearborn St. | Multifamily Investment Opportunity in Indianapolis
Welcome to 1122 North Dearborn St., a promising multifamily investment opportunity in the heart of Indianapolis. This property features 1 Bed,1 Bath (Per Unit), making it ideal for investors seeking steady rental income or an owner-occupant looking to offset housing costs.
Whether you’re an experienced investor or just starting to build your portfolio, 1122 N Dearborn St. presents an affordable, income-generating opportunity in a growing Indy neighborhood.
Recent Neighborhood Comps:
1911 N Dearborn SOLD 150k (1 Bed,1 Bath)
1221 N Oxford St SOLD 160k (1 Bed, 1 Bath)
DO NOT DISTURB occupants. Contact us for showing details.
Property Type Multi Family 2-4
Square Feet 2,345 SF
Lot Size 6360
Bedrooms 1 PER UNIT
Bathrooms 1 PER UNIT
Year Built 1869
Market Rent $850
DO NOT DISTURB occupants. All of our properties are sold "AS IS, WHERE IS" and buyer is responsible for their own due diligence before purchase. Our properties sell quickly to our highest and best offer. We require a signed purchase agreement and $5000 non-refundable earnest money upon acceptance to lock up the deal. This house is being offered for all cash. Also, it is our company policy that the buyer pays for all closing costs including title insurance fee, and assumes taxes due in November or May of this year. All information provided has been gathered to the best of our knowledge. However, we make no representations of any kind and buyer is responsible for conducting their own research before submitting an offer. If you are interested in viewing this property, please respond to this email or contact me at 317-653-6245.
Realtors, we love working with you, please add your fee on top of our price.
Location:
1122 N Dearborn St, Indianapolis, IN 46201
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* The cap rate and cash on cash return calculations found on BiggerPockets Listings are estimated and designed to be used for informational and educational purposes only, and when used alone, do not constitute investment advice. They assume 3 months worth of expenses and estimate taxes and insurance. BiggerPockets recommends that you seek the advice of a real estate professional before making any type of investment. The results presented may not reflect the actual return of your own investments. BiggerPockets is not responsible for the consequences of any decisions or actions taken in reliance upon or as a result of the information provided by these tools. Furthermore, BiggerPockets is not responsible for any human or mechanical errors or omissions.
** Current rent and projected rent are provided by the lister.
† Rental comps are pulled by looking at property characteristics (beds, baths, structure type), date the rent listing was captured, and proximity to the searched location.
‡ Confidence levels range from low to very high. Confidence is determined by the number of recent and relevant comparable properties for any given search. A very high confidence level indicates a high number of recent and similar rental listings.
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