1502 Lexington Avenue, Indianapolis, IN 46203 | MLS 22019219 | Listing Information | Raeco Realty LLC
Pending
$335,000

1502 Lexington Avenue
Indianapolis, IN 46203

Duplex
Residential Income
0.06
Acre Lot
Courtesy: eXp Realty, LLC, [email protected]
Raeco Realty> Indiana> Indianapolis> 46203
Investment opportunity in the highly sought-after Fountain Square neighborhood! This versatile property features two separate rental units, each with its own private entrance, offering privacy and flexibility. The property can also be converted into a single-family home (SFH) or a SFH with an income-generating upstairs unit. Enjoy the fully fenced yard and a charming covered front porch, perfect for relaxing. The bedrooms feature durable LVP flooring installed just two years ago, while the main living areas showcase beautiful hardwood floors. Each unit has its own HVAC system for added convenience. In the downstairs unit, the fridge, dishwasher, microwave, and stove are all 2-5 years old, while the washer and dryer are approximately 15 years old. The upstairs unit includes a washer, dryer, microwave, stove, and dishwasher that are 2-5 years old, with a fridge that is about 10 years old. The downstairs electrical was updated 3-4 years before 2017. Upstairs was upgraded from knob and tube in 2017. All HVAC is from 2017. Located just one mile from downtown Indianapolis, this vibrant area boasts vintage shops, a wide variety of restaurants, an active art scene, live music, and more! Don't miss the chance to invest in this prime location.
22019219
Residential Income - Duplex, Other
1880
Marion
0.06 Acres
2
Vinyl Siding
Loading...
The scores below measure the walkability of the address, access to public transit of the area and the convenience of using a bike on a scale of 1-100

Walk Score

Transit Score

Bike Score

Loading...
Courtesy: eXp Realty, LLC, [email protected]
Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright 2025 Metropolitan Indianapolis Board of Realtors. All rights reserved.
This content last refreshed on 2/7/2025 4:46 AM CST. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Information is deemed reliable but is not guaranteed.