6847 W Walton Street Indianapolis, IN
$ 250,000
Property Attributes
  • MLS#21785997
  • TypeMulti-Family
  • CountyMARION
  • CityIndianapolis
  • AreaWayne
  • NeighborhoodFURMAN STOUT
  • Zip46241
  • StyleBungalow/Shotgun
  • Year Built1956
  • Taxes$ 1932
  • Price$ 250,000
  • Bedrooms2
  • Full Bathrooms1
  • Half Bathrooms0
  • Sqr Footage1972
  • Lot Size0.56 Acres
Listing Provided Courtesy Of:
Richard Jenkins with Carpenter, REALTORS®
Data Source:
Metropolitan Indianapolis MLS (MIBOR) - 116 - IN
Property Description

This property is a money maker with its two current month to month tenants. Performance could be improved with rent adjustments. And, the corner lot is large enough that it could possibly be re-platted into two lots for construction of another house! (See attached site layout) Well laid out duplex with 2 bedrooms and 1 bath on each side. West unit has a two car carport with lockable storage. East unit has hardwood floor in Living Room. HVAC on east side is less than 1 year old. HVAC on west side is 3 years old. Both electrical panels have been upgraded to 100 amps. In both units, dryers and ranges can be either gas or electric. Vinyl siding, vinyl windows and roofing shingles are all in good condition. The west unit is on Furman Ave.

Price History
5/20/2021 Listed $250,000

General Features

Architectural Style Bungalow/Shotgun
Carport Spaces 1
City Indianapolis
Construction Materials Vinyl Siding
Contingency Act with no Contingency
County Marion
Current Financing Conventional, Conventional
Days on Market 7
Directions From Rockville Road and Girls School Road
Disclosures Not Applicable
Levels One
Net Operating Income 14400
New Construction No
Ownerpays InsHazard, Taxes
Possession Close of Escrow, TenantRights
Property SubType 1-4 Units Residential
Property Type Residential Income
Standard Status Active
Status Active
Street Name Walton
Structure Type Duplex
Subdivision Name FURMAN STOUT
Tax Year 2019
Tenant Pays Insurance, Lawncare, All Utilities
Total Units 2
Township Wayne
Year Built 1956

Interior Features

Street Suffix Street

Exterior Features

Lot Size Acres 0.56


  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in 46241

AVG $210K
AVG $1,799
AVG 25
Year Built
AVG 1944
AVG 33
Data Provided by Walkscore ® not using MLS data

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