Dual 3-Bedroom
346 N Summit Street Indianapolis, IN 46201
For Sale
$350,000
MULTI_FAMILY - Indianapolis, IN
Lot Size0.08 Acres
Days on Market156
Property Features for 346 N Summit Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Rooms
- Basement
- Standard status
- Active
- APN
- 491006137027000101
- Lot size
- 0.08 Acres
Taxes and HOA fees
- Tax Year
- 2024
- Tax Description
- L A & J C Wrights Add 85 E Side L9
Building Details
- Year built
- 1920
- Number of units
- 2
Listing Agency:
Trueblood Real Estate
(317) 288-5148
Listed By:
Cody Friesz · License #RB21000315
(317) 679-6330
Added: Feb 17
Changed: Jun 16
Last Checked: Jul 23 at 10:06PM
MLS# 22083049
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Investment Insights
Based on property information with market context.
This property is a dual 3-bedroom, 1.5-bath duplex. Each unit is currently leased to an agency tenant, with the property generating $3,050 per month in rental income. The duplex layout is designed for separate, self-contained living spaces, offering spacious unit configurations that support ongoing residential use.
Located at 346 N Summit Street in Indianapolis, Indiana (Marion County), the home sits on a 0.08-acre lot. As a duplex, the property provides two rental units under one ownership, which can simplify management compared with owning separate properties.
For buyers seeking a turn-key structure with existing tenants, this duplex offers two units already in place rather than requiring lease-up. The continued use as income-producing residential units is supported by the current occupancy by agency tenants and the stated history of long-term rentals for both units. This makes the property well suited for investors or owner-operators looking for a straightforward duplex asset with established tenant occupancy and recurring monthly income.
Located at 346 N Summit Street in Indianapolis, Indiana (Marion County), the home sits on a 0.08-acre lot. As a duplex, the property provides two rental units under one ownership, which can simplify management compared with owning separate properties.
For buyers seeking a turn-key structure with existing tenants, this duplex offers two units already in place rather than requiring lease-up. The continued use as income-producing residential units is supported by the current occupancy by agency tenants and the stated history of long-term rentals for both units. This makes the property well suited for investors or owner-operators looking for a straightforward duplex asset with established tenant occupancy and recurring monthly income.
Key Highlights
- Dual 3‑bedroom, 1.5‑bath duplex built in 1920
- Both units are currently leased to agency tenants
- $3,050/month immediate rental income from the leased units
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
FAQs
What type of property is this?
Duplex - Two leased 3-bedroom units offer immediate rental income in a residential duplex format.
Where is this duplex located?
The property is located at 346 N Summit Street Indianapolis, IN.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: Dual 3‑bedroom, 1.5‑bath duplex built in 1920; Both units are currently leased to agency tenants; $3,050/month immediate rental income from the leased units
