2749 S Illinois Street
Indianapolis, IN 46225
0.26 acres | #22028244

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
Legal
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Last Updated: . Source: MIBOR
Listing Courtesy
Listing Agent: Craig Deboor (#MBR33481)
Listing Office: Real Broker, LLC (#MBRRLBR01)
Listing Courtesy (Buyer)
Buyer's Agent: Evona Watson (#MBR30674)
Buyer's Office: Triple E Realty, LLC (#MBRTREP01)

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