2060 N Central Avenue N, IN 46202

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Sold Price
$390,000
List Price
$425,000
Status
SOLD
Days on Market
218
Closing Date
Dec 10, 2025
MLS#
22037012
Subtype
Residential Income
Year Built
1900
Acres
0.16
Subdivision
Morton Place
MLS Area Major
Center

Property Description

Back on the market - No fault of seller - Attention savvy buyers! OPPORTUNITY - INCOME - APPRECIATION - 4 PLEX - HERRON MORTON - Surrounded by high-end luxury single-family homes and development. All units have private laundry - private entry - All units have central air - All units are all electric. Tenants have one utility bill (electric) - owner pays water and sewer. No gas bills. Fully fenced back yard. Units have original wood work, tile kitchen floors, tile baths, and hardwoods. 3 CAR GARAGE WITH SEPARATE BAYS AND SERVICE DOORS FOR ADDITIONAL INCOME AND STORAGE. *The units and building do need some TLC and rent roll is based on potential.* One block from the new "The Grounds" retail and multi-use development. HUGE UPSIDE with this location and two buildings for generations to come.

Additional Information

Exterior Features
Balcony
Taxes
$1,525
Financing
Exchange - 1031, Conventional, Exchange
Air Conditioning
Central Air
Stories
Two
Foundation
Block, Brick/Mortar
Garage Spaces
3

Listing courtesy of Kyle Williams. Compass Indiana, LLC

Selling Office: @properties.

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Listings courtesy of MIBOR Broker Listing Cooperative as distributed by MLS GRID.


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