This Multifamily Property is no longer advertised on LoopNet.com.

1242 S Reisner St
Indianapolis, IN 46221
Multifamily Property For Sale · 2 Units

Property Facts

No. Units 2
Property Type Multifamily
Property Subtype Apartment
Building Class C
Lot Size 0.14 AC
Building Size 1,784 SF
Average Occupancy 50%
No. Stories 2
Year Built 1910
Zoning ZO01

Amenities

Unit Amenities

  • Air Conditioning
  • Cable Ready
  • Dishwasher
  • Washer/Dryer Hookup
  • Heating
  • Kitchen
  • Refrigerator
  • Oven
  • Tub/Shower

Site Amenities

  • Smoke Detector

About 1242 S REISNER ST , INDIANAPOLIS, IN 46221

INVESTORS THIS IS A SWEET DEAL! Minutes from downtown in upcoming neighborhood this 2 bedroom one bath duplex per side is a great purchase for now and later. Right now there is one unit vacant and market rent is $650-$700 per month. the other unit has a long term tenant paying 500 per month. Owner pays utilities. Cash in on increased rents and watch the appreciation as this area is rapidly increasing in value.

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
2+1 2 $600.00 892

Property Taxes

Property Taxes

Parcel Number
49-11-15-137-005.000-101
Land Assessment
$3,700
Improvements Assessment
$121,600
Total Assessment
$125,300
  • Listing ID: 13105620

  • Date on Market: 7/9/2018

  • Last Updated:

  • Address: 1242 S Reisner St, Indianapolis, IN 46221

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