HOT 365 E MORRIS ST INDIANAPOLIS, IN 46225

Features

• Price/sqft: $163
• Lot Size: 3703 sq. ft.
• Total Rooms: 12
• Room List: Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Basement, Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bathroom 5, Kitchen
• Stories: 150
• Roof Type: Asphalt
• Heating: 3
• Construction Type: Frame

Facts

• Year Built: 01/01/1900
• Property ID: 888587352
• MLS Number: 21982800
• Parcel Number: 49-11-13-200-006.000-101
• Property Type: Single Family Home
• County: MARION
• Legal Description: VAJENS SUB L58 OL108
• Zoning: ZO01
• Listing Status: Active

Sale Type

This is an MLS listing, meaning the property is represented by a real estate broker, who has contracted with the home owner to sell the home.

Description

This listing is NOT a foreclosure. This 5-bedroom, 5.5-bathroom home blends investment potential with comfortable living, perfect for those seeking a dynamic urban lifestyle. Featuring two separate units, this property is ideal for generating rental income or multi-generational living. Each unit offers ample space and modern amenities. Minutes from downtown Indianapolis, enjoy access to top attractions like Lucas Oil Stadium, Gainbridge Fieldhouse, and the Bottleworks District. Explore nearby Fountain Square and Fletcher Place for dining, shopping, and entertainment. The neighborhood boasts a vibrant, welcoming atmosphere. Engage in local events, farmers markets, and festivals that celebrate the area's rich culture and diversity. Proximity to Garfield Park and White River State Park means easy access to green spaces and outdoor activities. Enjoy walking, biking, or relaxing in these parks. The Indianapolis Cultural Trail offers scenic routes for jogging or cycling. With institutions like IUPUI and the University of Indianapolis nearby, this location is ideal for students and academics. The Central Library, renowned for its architecture and resources, is a short drive away. Indianapolis is known for its diverse food scene. Discover culinary delights from gourmet restaurants to casual eateries and food trucks, offering something for every taste. The area will benefit from upcoming developments, including the new Indy Eleven stadium and a state-of-the-art music arena, enhancing the neighborhood's appeal and property values. Close to key employers like Eli Lilly, Salesforce, and numerous hospitals, this property is ideal for professionals seeking convenience and a short commute. The property can be converted back into a single-family home with a spacious kitchen and connecting staircase, aligning with high-end homes in the area. This flexibility makes it a standout investment. Priced attractively, this home represents exceptional value for its location and potential. Don't miss your chance!

Hot Homes

Bargain Price Bargain Buy - Save Over 20% The Asking Price for this home is at least 20% below the Estimated Value. Buying a home at a price below the market value can save thousands of dollars and create wealth in home equity faster.