2502 Foltz Street, Indianapolis, IN 46241

$199,900 Asking Price

6 beds
2 baths
875  sqft
Built in 1925

Welcome this unique property into your rental portfolio! This well-maintained property comes with 2 homes on one parcel. Both units are currently tenant-occupied in two different spaces! The 3 bed/1 bath house is under lease for $850/mo and the former garage has been converted into a 3 bed/1 bath and is currently under lease for $800/mo! These long-term tenants are currently paying all utilities.


Features & Amenities

Interior

General:
Attic Pull Down Stairs, Hardwood Floors, Eat-in Kitchen, Hi-Speed Internet Availbl, Pantry
Appliances:
Dishwasher, Dryer, Disposal, Microwave, Gas Oven, Refrigerator, Washer, Electric Water Heater
Laundry:
In Basement
Basement:
Full, Unfinished, Daylight/Lookout Windows
A/C:
Central Electric
Heating:
Forced Air, Gas
Fireplace:
Fireplaces: 0

Exterior

Style:
Bungalow, Ranch
Other Structures:
Covered Porch
Parking:
Detached

Construction

General:
One, Block

Location

Originating MLS:
mibor
School District:
MSD Wayne Township
County:
Marion

Lot

Zoning:
Mars Hill L1096, 491120118053000900
Fencing:
Partial

Utilities

Utilities:
Cable Connected, Gas
Water:
Municipal/City

Financial

Source:
mibor

This listing courtesy of:
RE/MAX Advanced Realty, Scott Chain

About Indianapolis, IN

Housing

Number of Units
439,918
Median Home Value
$169,609
Median Rent
$790

47.41% of housing units are renter occupied.

8.91% are vacant.

Commute

Car
76.18%
Public Transportation
1.34%
Walk to Work
1.81%
Work from Home
19.69%
Other
0.60%

The median travel time to work is 21 minutes.

People

Population
976,092
Median Age
35.40
Median Household Size
2.45

Education

High School
27.86%
Associate’s Degree
8.16%
Bachelor’s Degree
21.08%
Graduate Degree
11.46%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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