$275,000
Pending

2749 S Illinois Street

Indianapolis, IN 46225
Listing OfficeReal Broker, LLC
Browse 15 photos
Type:Purchase
Structure:2 Family
Zone:Residential

Description

Situated in the thriving Garfield Park area, this freshly painted 2025 duplex is a prime house-hacking or investment opportunity! Each unit offers 2 bedrooms, 1 bathroom, and 900 sq ft of updated living space, making it ideal for homeowners looking to offset their mortgage or investors seeking a strong rental property. The second unit (98 Gimber St) features a 1.5-car garage with a workshop, providing valuable storage space or an ideal setup for hobbyists. Both units received extensive renovations in 2020, including new flooring, showers, cabinets, appliances, and fresh paint, ensuring a modern, move-in-ready feel. Additionally, the crawl space was professionally cleaned, reinforced, and fully waterproofed in 2020 to enhance the property's longevity and structural integrity. One unit is currently leased on a month-to-month basis, while the other has a 90-day lease, with a tenant eager to stay, offering immediate rental income potential or flexibility for an owner-occupant. This duplex sits minutes from downtown Indianapolis, placing residents near top dining, entertainment, and shopping destinations. The sought-after Garfield Park area offers tree-lined streets, historic charm, and easy access to walking trails, a conservatory, an arts center, and year-round events. The Southside's vibrant community scene features unique coffee shops, breweries, and markets, while I-65 access makes commuting a breeze. Whether you're looking to live in one unit while renting out the other to cover costs, expand your real estate portfolio, or secure a well-maintained rental property in a high-demand area, this duplex delivers on value, location, and long-term potential. Don't miss this rare opportunity-schedule your showing today!

  • Property Details
      • School DistrictIndianapolis Public Schools
      • SubdivisionNo Subdivision
      • Lot DescriptionStorm Sewer
      • Property TypePurchase
      • Original List Price$275,000
      • MLS #22028244
      • MLS #22028244
      • CountyMarion
      • Cost275000
      • Property SubtypeDuplex
      • Structure TypeDuplex
      • Acres0.26
      • Year Built1962
      • Parking Spaces1

Location

Hilary CasstevensReal Estate Group
OR

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