1221 Lee ST, Indianapolis, IN 46221
1221 Lee ST, Indianapolis, IN 46221
1221 Lee ST, Indianapolis, IN 46221
8
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Listed by Carolyn Gonzalez • The Modglin Group
$170,000
Est. payment /mo
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0.26 Acres Lot
New

1221 Lee ST Indianapolis, IN 46221

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Audri McGrane

Audri McGrane

+1(317) 509-9729

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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 22120028

Year Built 1938

Tax Year 2025

Lot Size 0.260 Acres

Acres 0.26

Property Sub-Type Duplex

Property Description

Rare Investment Opportunity - Duplex + Additional Buildable Lot! Attention investors and developers! This rare opportunity features a 2-bedroom, 2-bath duplex plus an additional large, fully fenced corner lot with the potential to build another duplex or investment property (buyer to verify zoning and approvals). Located in an area experiencing significant growth, this property is surrounded by new construction and offers an excellent opportunity to expand your rental portfolio or develop additional income-producing units. Conveniently situated just minutes from downtown Indianapolis, Eli Lilly, major employers, dining, and entertainment, this location is ideal for attracting future tenants. Whether you're looking for immediate rental income, land for future development, or a value-add investment in a rapidly appreciating area, this property checks all the boxes. Highlights: 2-bedroom, 2-bath duplex Large fenced corner lot included Potential to build an additional duplex (buyer to verify) Surrounded by new construction Minutes from Downtown Indianapolis and Eli Lilly Excellent opportunity for investors and developers Don't miss this chance to invest in one of Indianapolis' growing areas with endless potential!

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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Audri McGrane

Audri McGrane

Director of Operations | RBRB18002064

+1(317) 509-9729

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1221 Lee ST

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