1221 Lee ST, Indianapolis, IN 46221
1221 Lee ST, Indianapolis, IN 46221
1221 Lee ST, Indianapolis, IN 46221
14
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Listed by Carolyn Gonzalez • The Modglin Group
$170,000
Est. payment /mo
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0.26 Acres Lot
Active

1221 Lee ST Indianapolis, IN 46221

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Jamie Spitler, CLHMS

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Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Subdivision L C Coburns Sub J F

MLS Listing ID 22125729

Year Built 1938

Tax Year 2025

Lot Size 0.260 Acres

Acres 0.26

Property Sub-Type Duplex

Property Description

This 2-bedroom, 2-bath duplex offers an excellent opportunity for an investor looking to add to their portfolio. The property also includes an additional vacant lot, creating exciting potential for future development. The additional lot could be an ideal location for a second duplex, subject to zoning, setbacks, utilities, permits, and buyer due diligence. Whether you're looking for an income-producing property, a value-add investment, or an opportunity to expand your rental portfolio, this property offers plenty of possibilities. Live in one unit, rent the other, or maximize the potential of both parcels. Opportunities like this don't come along often an existing duplex plus additional land for potential future development!

Location

State IN

County Marion

Interior

Fireplace N

Exterior

Garage Spaces 2.0

Building

New Construction false

Schools

School District Indianapolis Public Schools


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Jamie Spitler, CLHMS

Jamie Spitler, CLHMS

Team Leader RBRB17000110

+1(317) 652-0436

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1221 Lee ST