59 W Fall Creek Parkway South Drive, Indianapolis, IN 46208
Multi-Family Home
Built in 1910
6,098sqft lot
—— car garage
$——/sqft
Listed 5 months ago
Property Description
Nestled along the scenic Fall Creek Parkway, this exceptional multi-family property presents a rare opportunity for investors seeking quality rental units in one of Indianapolis's most desirable neighborhoods. This charming property features four well-maintained units, each offering comfortable 2-bedroom, 1-bathroom layouts that appeal to a wide range of potential tenants. Say goodbye to tenant parking woes! This property comes complete with its own dedicated parking lot-a feature that stands out in urban settings and adds significant appeal to prospective renters. The location couldn't be more perfect, with George E. Kessler Park just steps away for outdoor recreation and relaxation. Residents will appreciate the convenience of the nearby Meridian St & Fall Creek/Ivy Tech Station for easy commuting, while Goose The Market provides local grocery shopping within walking distance. Families will value the proximity to the esteemed Herron High School, adding educational value to this investment property's many attributes. Each unit offers practical living spaces with room for personalization, allowing you to create distinctive rental offerings or maintain a consistent appeal across all units. The solid brick exterior speaks to the building's durability and timeless charm, while providing excellent curb appeal. Whether expanding your investment portfolio or entering the multi-family market for the first time, this property offers stable income potential in a neighborhood that continues to grow in popularity and value. Don't miss the opportunity to add this promising multi-family gem to your real estate holdings!
- Listing Status:
- Active
- Listing Office:
- Red Hot, REALTORS LLC : 317-551-9589
- Listing Agent:
- Jamie Suchotzky : 317-551-9589
- MLS ID:
- 22042813

- General: Two
- Originating MLS: mibor
- School District: Indianapolis Public Schools
- County: Marion
- Zoning: Rubens Wildwood Park Add L12490626146001000101
- Source: mibor
This listing courtesy of Jamie Suchotzky, Red Hot, REALTORS LLC
Monthly Payment
- Principal & Interest $
- Property Taxes $
- Home Insurance $
- VA Funding Fee $
Location
Schools Nearby
George Washington Carver Montessori School 87
2411 Indpls Ave, Indianapolis, IN, 46208
Grades PK-8
0.47 miles away
George Washington Carver Montessori School 87
2411 Indpls Ave, Indianapolis, IN, 46208
Grades PK-8
0.47 miles away
Shortridge High School
3401 N Meridian St, Indianapolis, IN, 46208
Grades 9-12
1.14 miles away




