Homes by Email

Be the first to see new listings as soon as they hit the market!

Sign Up Now

Quick Search

view all



No Min.

No Max.

Greg Martin

Greenwood, Indiana
Real Estate Agent
Contact Me

Contact Me

* fields are required
Back to Saved Search
Listing 15 out of 2,820
$89,200 For Sale

1427 South Alabama Street
Indianapolis, IN 46225

2 units | Multi Family Home
7405 sq ft - MLS# 21606565
Property Photo


Great Investor Opportunity in popular near south side neighborhood!! Lots of renovation happening in Bates Hendricks and price is set so buyer will have instant equity for the needed repairs &/or updates! Both sides of duplex are tenant occupied. 1425 side is 3 bdrm/ 1 bath and 1427 side is 1 bdrm/ 1 bath. 1425 Unit has NEW high efficiency furnace, 1427 side has electric baseboard heat. Shared water meter.


  • Property Type: Multi Family Home
  • Sub Type: 1-4 Units Residential
  • Listing Status: Active
  • County/Area: Marion County
  • Zip Code: 46225
  • Year Built: 1890
  • Subdivision/Neighborhood: Franks Sub Woodruffs Sub B F Morris
  • School District: Indianapolis Public Schools
  • Style: Tradamer
  • Units: 2 units
  • Basement: 1
  • Lot Size: 7,405
  • Area: 4913 - Marion - Center Se
  • Acres: <1/4 Acre
  • Building Information: Smoke Alarm, No Furnature
  • Building Levels: Two
  • Building Type: DblDuplex
  • Building Utilities: Seperate Electric Meter, Seperate Gas Meter, Municipal Sewer Connected, Municipal Water Connected
  • Exterior: Vinyl, Wood
  • Foundation: Basement-Brick, Partial
  • Gross Operating Income: 13920
  • Laundry: ConnAll
  • Lot Information: Access Alley, Access Street
  • Lot Number: 31
  • Main Type: Multi-Family
  • Numberof Garages: 1
  • Solid Waste: 1
  • Sq Ft Source: Assessor
  • Tenant Pays: Insurance Renters, Lawncare, All Utilities
  • Township: Center SE
  • Trans Type: Sale
  • Unit Count: 2
  • Unit Parking: 1 Car Garage, On Street
Courtesy of Indiana Realty Partners, Inc

Greg Martin
Greenwood, IN 46142
Phone: 317-345-4655

Featured Communities



Greg sold our house for top dollar! He really came through for us in our time of need.......He was instrumental in helping us get our dream property. Dan & Nancy
View All

Connect With Me


Subscribe to my newsletter...

* fields are required

house realtor mls

Real Estate Websites by iHOUSEweb iconiHOUSEweb | Admin Menu