$279,000
Bedrooms
3
Baths
1
Sq. Feet
2095
Year Built
1986
Days on Market
7
$/SqFt
$133
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Home Description: 1409 Marlowe Ave
Discover an outstanding investment opportunity with this charming duplex located at 1409 and 1411 Marlowe Ave in the heart of Indianapolis. Each side features three spacious bedrooms and one full bathroom, making this property perfect for both seasoned investors and those entering the real estate market. Situated just minutes from downtown Indianapolis, this duplex offers convenient access to the Monon Trail and the vibrant Bottleworks District, known for its shopping, dining, and entertainment. This prime location ensures a strong demand for rentals and great potential for appreciation in value. The open floor plans of both units create a welcoming atmosphere, enhanced by large windows that fill the spaces with natural light. Modern kitchens are equipped with ample counter space and essential appliances, perfect for culinary pursuits. Each unit's three well-sized bedrooms provide comfortable living spaces, while the conveniently located full bathrooms serve essential needs. With separate entrances and utilities, privacy and functionality are maximized for each unit. Investors will find significant potential for passive income, given the growing demand for rental properties in the 46201 zip code. Recent comparable properties highlight strong rental rates, making this duplex an attractive prospect for diversifying any investment portfolio. Don't miss this unique opportunity to own a duplex in a sought-after Indianapolis location. This property is ideal for anyone looking to embark on or expand their real estate journey. Explore the possibilities that 1409 and 1411 Marlowe Ave have to offer! Major renovation has already started on the 1411 Marlowe side. Many materials are there including kitchen cabinets, all bathroom vanities, new Anderson windows, front doors, back door, and HVAC duct work.
Available now at $279,000
Approximate Room Sizes / Descriptions
Neighborhood
The average asking price of a 3 bedroom Indianapolis home in this zip code is $245,920 (11.9% less than this home).
This home is priced at $133/sqft, which is 7.5% less than similar homes in the 46201 zip code.
Map Map | Street Street | Birds Eye Birds Eye
1409 Marlowe Ave Indianapolis IN 46201
Similar to: 1409 Marlowe Ave
For Sale Near: 1409 Marlowe Ave
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Area Stats
These statistics are updated daily from the Metropolitan Indianapolis Board of REALTORS® Multiple Listing Service. For further analysis or to obtain statistics not shown below please call Highgarden Real Estate at (317) 693-4382 and speak with one of our real estate consultants.
Listing Courtesy of Paradigm Realty Solutions. For information or to schedule a viewing of this property (MLS# 22004356) located at 1409 Marlowe Ave Indianapolis IN 46201, call: 317-693-4382
1409 Marlowe Ave, Indianapolis IN is a single family home of 2095 sqft and is currently priced at $279,000 . This single family home has 3 bedrooms. A comparable home for sale at 1033 N Tuxedo N St in Indianapolis is listed at $220,000. This home on 1409 Marlowe Ave has not had a price change. In addition to single family homes, Highgarden also makes it easy to find Homes, Condos, New Homes and Foreclosures in Indianapolis, IN. Lukenbills, Meadland Grandview and State Plaza are nearby neighborhoods. MLS 22004356 has been posted on this site since 9/30/2024 (today).
Same day showings available 7 days / week8am - 9pm
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