$725,000

Estimated payment $4,808/month

Total Views 198
6 Beds
3 Baths
-- Sq Ft
-- Price per Sq Ft

About This Home

Seeing triple with this blue-chip Chatham Arch Triplex! This income-producing property is in pristine condition and ready to be added to your portfolio. The location doesn't get much better, with easy access to all things Massachusetts Avenue and Bottleworks. These units are well updated and well maintained, equipped with hardwood floors, large windows, and preserved historic qualities that really make the property shine. Parking for tenants behind the property is a plus, and street parking is easy. First-floor unit is rented for $1,760 per month; the lease expires on 8/31/2026. Second-floor unit is rented for $1,550 per month; the lease expires on 4/30/2026. Third-floor unit is rented for $1,230 per month; the lease expires on 8/31/2026. Tenants pay all utilities except water. This one is a no-brainer!

Listing Agent

Joe Everhart

Everhart Studio, Ltd. License #RB14039264 Listed on: 08/28/2025

Co-Listing Agent

Quinn Demaree

Everhart Studio, Ltd. License #RB17000004

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,378

Year Built

  • Built in 1900

Home Design

  • Triplex
  • Wood Siding

Interior Spaces

  • 3-Story Property
  • Washer and Dryer Hookup

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Bathrooms

Additional Features

  • 4,225 Sq Ft Lot
  • Property is near a bus stop

Community Details

  • Ovid Butlers Subdivision

Listing and Financial Details

  • The owner pays for water
  • Tax Lot 91
  • Assessor Parcel Number 490636227075000101

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,378

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2024
  • Year Built: 1900
  • Co List Office Phone: 317-916-1052
  • Lot Size Acres: 0.1
  • Subdivision Name: Ovid Butlers
  • Inspection Warranties: Other
  • Transaction Type: Sale
  • Conversion: Yes
  • Price Unit: 241667
  • Special Features: VirtualTour

Interior Features

  • Levels: Three Or More
  • Total Bathrooms: 3
  • Total Bedrooms: 6
  • Owner Pays: Water

Exterior Features

  • Construction Materials: Wood Siding
  • List Price: 725000
  • Road Access: Access Rd

Garage/Parking

  • Unit Parking: Paved Area

Utilities

  • Laundry Features: Connections All
  • Solid Waste: Yes

Fee Information

  • Expenses: 0

Lot Info

  • Lot Features: Access, Busline, Sidewalks, Storm Sewer
  • Current Use: Residential
  • Lot Size Sq Ft: 4225
  • Parcel Number: 490636227075000101
  • Acres: <1/4 Acre
  • Price Acre: 7250000

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Number Of Units Total: 3

Tax Info

  • Tax Annual Amount: 10378
  • Tax Lot: 91
  • Semi Annual Property Tax Amt: 5189

Map

Range of Values:

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Average Value
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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $9,673 $437,300 $75,100 $362,200
2023 $9,673 $402,200 $75,100 $327,100
2022 $9,729 $395,200 $75,100 $320,100
2021 $8,632 $368,500 $34,500 $334,000
2020 $8,575 $364,700 $34,500 $330,200
2019 $7,891 $328,800 $34,500 $294,300
2018 $5,645 $231,600 $34,500 $197,100
2017 $4,782 $219,300 $34,500 $184,800
2016 $4,602 $215,500 $34,500 $181,000
2014 $4,497 $208,000 $34,500 $173,500
2013 $4,324 $208,000 $34,500 $173,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/28/2025 08/28/25 For Sale $725,000 -- --
Source: MIBOR Broker Listing Cooperative®

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Closed $200,000 Unknown
Source: Public Records

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Source: MIBOR Broker Listing Cooperative®

MLS Number: 22059184

MIBOR Broker Listing Cooperative®

APN: 49-06-36-227-075.000-101