NOT LISTED FOR SALE

2531 E 10th St Indianapolis, IN 46201

Near Eastside Neighborhood
-- Bed
-- Bath
2,760 Sq Ft
5,945 Sq Ft Lot

Last Sold June 14, 2024

Last sale price $490,000 $178 Per Sq Ft

1 Day on Market

About This Home

As of June 2024

Unlock the ultimate investment opportunity with this updated 4-unit property, strategically located just minutes away from downtown Indy. Offering the perfect scenario for savvy buyers interested in house hacking or exploring Airbnb hosting, this property combines prime location with income-generating potential. Live comfortably in one unit while virtually eliminating your housing expenses by renting out the remaining three units. Unit A is currently occupied at $1,200 per month, Unit B commands $1,100 per month in rent, while Unit C, currently vacant, is being marketed at $1,200 per month, with multiple applicants eagerly awaiting approval. Similarly, Unit D, also vacant, is being marketed at $800 per month, with several prospective tenants vying for occupancy. With current market rents on the rise, seize the opportunity to generate substantial monthly income while simultaneously building equity in a sought-after neighborhood. Each unit has been meticulously updated, ensuring hassle-free living for tenants and effortless management for landlords. Delve into the attached list outlining the recent enhancements and comprehensive details on each unit, showcasing the value and investment potential this property holds. With a proven track record as a solid rental property, this is a rare opportunity to embrace the concept of house hacking or capitalize on the lucrative Airbnb market. Don't miss out on this chance to turn your homeownership dreams into reality while paving the way to financial independence.

Last Agent to Sell the Property

Bryce Higgins

eXp Realty, LLC Brokerage Email: bryce@homewithhiggins.com License #RB14048974 Listed on: 05/09/2024

eXp Realty, LLC

Last Buyer's Agent

Bailey Braunecker

eXp Realty, LLC

eXp Realty, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,012

Year Built

  • Built in 1910 | Remodeled

Lot Details

  • 5,945

Parking

  • 4 Car Garage

Home Design

  • Quadruplex

Interior Spaces

  • 2-Story Property
  • Basement
  • Basement Cellar

Additional Features

  • 5,945 Sq Ft Lot
  • Forced Air Heating System

Community Details

  • S M Houstons Sub May Wasson & Cos Highland Park Subdivision

Listing and Financial Details

  • Tax Lot 5
  • Assessor Parcel Number 491005109012000101

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,012

Year Built

Built in 1910 | Remodeled

Lot Details

0

Parking

4

Listing Details

  • Property Sub Type: Fourplex
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2023
  • Year Built: 1910
  • Lot Size Acres: 0.14
  • Structure Type: Quadruplex
  • Subdivision Name: S M Houstons Sub May Wasson & Cos Highland Park
  • Transaction Type: Sale
  • Conversion: No
  • MBR_AttributionContact: bryce@homewithhiggins.com
  • Attribution Contact: bryce@homewithhiggins.com
  • Special Features: None

Interior Features

  • Basement: Yes
  • Basement Type: Cellar
  • Levels: Two
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Property Condition: Updated/Remodeled
  • Road Access: Not Applic

Garage/Parking

  • Garage Spaces: 4
  • Unit Parking: Parking Lot

Utilities

  • Cooling: Central Electric
  • Heating: Forced Air
  • Solid Waste: No

Lot Info

  • Current Use: Residential
  • Lot Size Sq Ft: 5945
  • Parcel Number: 491005109012000101
  • Acres: <1/4 Acre

Green Features

  • Green Certification Y N: No

Tax Info

  • Tax Annual Amount: 3012
  • Tax Lot: 5
  • Semi Annual Property Tax Amt: 1506

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/14/2024 06/14/24 Sold $490,000 -2.0% $178 / Sq Ft
05/11/2024 05/11/24 Pending -- -- --
05/09/2024 05/09/24 For Sale $499,999 -- $181 / Sq Ft
Source: MIBOR Broker Listing Cooperative®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Bryce Higgins

    Seller's Agent in 2024

    Bryce Higgins

    eXp Realty, LLC

    (317) 727-7887

    10 in this area

    119 Total Sales

    Bryce Higgins
    Section Image

  • B

    Buyer's Agent in 2024

    Bailey Braunecker

    eXp Realty, LLC

    Section Image

  • F

    Buyer Co-Listing Agent in 2024

    Forde Ness

    eXp Realty, LLC

    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21978541

MIBOR Broker Listing Cooperative®
Indiana Marion County Indianapolis 46201 Near Eastside

2531 E 10th St, Indianapolis, IN

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MIBOR Broker Listing Cooperative® Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.

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