2150 Bellefontaine Street, Indianapolis, IN 46202
- $475,000
- List Price
- $475,000
- MLS#
- 22122100
- Days on Market
- 26
- Status
- ACTIVE
Property Description
New-construction duplex opportunity in Kennedy-King on Indianapolis's near-northside, just north of downtown between Central Ave and the Monon Trail. The Lexington model offers two 3-bed/2-bath units of approximately 1,296 SF each. Projected rent of $1,850 per unit is supported by 17 size-matched 3-bedroom comparables within 2 miles. Pro forma: $44,400 gross potential rent, $31,906 estimated NOI at 5% vacancy and 8% management. Close to the newly renovated Martin Luther King Jr. Park and direct Monon Trail access. Taxes and insurance are estimates; buyer to verify. This property is broker owned.
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Additional Information
- Expenses
- 10274
- New Construction
- Yes
- Construction Stage
- Permit on File
- Est. Completion Date
- 10/26
- Acres
- 0.12
- Region
- Center
Listing courtesy of Alec Neu. Neu Real Estate Group
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Listings courtesy of MIBOR Broker Listing Cooperative as distributed by MLS GRID. 
Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker of MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some listings have been excluded from this website.