1221 Lee Street, Indianapolis, IN 46221

$170,000

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List Price
$170,000
MLS#
22125729
Days on Market
1
Status
ACTIVE

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!

Additional Information

Expenses
200
Acres
0.26
Region
Center

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Calculator source: Real Geeks

Listing courtesy of The Modglin Group.

Information Deemed Reliable But Not Guaranteed. © 2026 MIBOR Broker Listing Cooperative