$795,000 448 N Davidson Street # 1 & 2 Indianapolis, IN

MLS: 21800609   Type: Multi-Family   County: Marion   City: Indianapolis   Area: Center Ne   Neighborhood: Nobles   Zip: 46202   Style: Italianate     Taxes: $6,774

Mortgage $3,732 /mo



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RARE OPPORTUNITY: Historic Lockerbie building available! This property comes with 2 separate condo units WITH NO HOA bylaws / restrictions that prohibit Airbnb activity -an investors dream property! Live in one and rent the other, or rent out both and enjoy weekly cash flow. This building was converted to 2 condo units in 2003. The sellers are interested in selling the entire building with both units -the individual units are not for sale separately. Unit 1 offers 2 bedrooms and 2 baths. Unit 2 (upper level) offers 3 bedrooms, 3 bathrooms, and a huge bonus room on top floor! Pride of ownership is evident the moment you walk in -high grade finishes. Very few opportunities like this anywhere in Indy with no HOA restrictions - Hurry!

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Price History

7/21/2021 Listed $795,000

Architectural Style Italianate
City Indianapolis
Construction Materials Brick, Wood
Contingency Act with no Contingency
County Marion
Current Financing Conventional, Conventional
Days on Market 6
Directions New York East of downtown just under the Interstate to Pine - North on Pine (one way) to Michigan - West on Michigan (one way) to building on the SW corner of Davidson & Michigan - parking in front on
Disclosures Not Applicable
MBR_SchoolDistrict Indianapolis Public Schools
New Construction N
Ownerpays NotApplic
Possession Negotiable
Property Attached Y/N Y
Property SubType 1-4 Units Residential
Property Type Residential Income
Standard Status Active
Status Active
Street Name Davidson
Subdivision Name NOBLES
Tax Year 2020
Tenant Pays NotApplic
Total Rooms 0
Total Units 2
Township Center NE
Unit Number 1 & 2
Year Built 1890

Interior Features

Basement (Y/N) Y
Full Baths 0
Half Baths 0
Street Suffix Street
Total Baths 0
Total Bedrooms 0

Exterior Features

Building Area Total 0
Foundation Details Brick, Brick
Lot Size Acres 0.04

Property Schools

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Property vs Zip Code Avg (46202)

Price 795K Avg 705K

Taxes $6,774 Avg $5,259

Acres 0.04 Avg 0.08

Visits 102 Avg 61

Days on Site 136 Avg 104

Walkscore® 86 Avg 74

Data Provided by Walkscore ® not using MLS data

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Listing Provided Courtesy Of: Scott Armstrong with Armstrong Real Estate Brokerag

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Location & Address

Dr. Tom Galovic
50 Airport Parkway, Suite D
Greenwood, IN