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Listed by Virender Kumar • United Real Estate Indpls
$449,000
Est. payment /mo
2 Beds
4 Baths
4,411 SqFt
Pending
501 E Markwood AVE Indianapolis, IN 46227
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Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Pending
Purchase Type For Sale
Square Footage 4,411 sqft
Price per Sqft $101
Subdivision Homedell
MLS Listing ID 22107644
Bedrooms 2
Full Baths 4
HOA Y/N No
Year Built 1936
Tax Year 2024
Lot Size 0.260 Acres
Acres 0.26
Property Sub-Type Single Family Residence
Property Description
Property Highlights: Asking Price: $449,000 Location: 501 E. Markwood Ave, Indianapolis, IN Commercial Zoning with redevelopment and mixed-use potential Income-producing apartment building 12 asphalt parking spaces providing ample on-site parking for tenants and visitors Convenient access to major highways, downtown Indianapolis, shopping, restaurants, and public transportation Strong opportunity for investors seeking stable cash flow and long-term appreciation This property is ideal for investors looking to add a versatile, income-generating asset to their portfolio while benefiting from the flexibility of commercial zoning and generous on-site parking. Don't miss this opportunity to invest in one of Indianapolis' growing neighborhoods.
Location
State IN
County Marion
Rooms
Main Level Bedrooms 1
Interior
Heating Forced Air
Cooling Central Air
Flooring Hardwood
Fireplaces Number 1
Fireplaces Type Living Room, Wood Burning
Fireplace Y
Appliance Dishwasher, Refrigerator
Exterior
Water Access Desc Public
Building
Story Two
Foundation Block, Crawl Space
Water Public
Architectural Style Traditional
Structure Type Cedar
New Construction false
Schools
School District Perry Township Schools
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