1633-1635 N New Jersey ST, Indianapolis, IN 46202
1633-1635 N New Jersey ST, Indianapolis, IN 46202,Video Tour
1633-1635 N New Jersey ST, Indianapolis, IN 46202
79
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Listed by Mina Kadhum • Trueblood Real Estate
$929,900
Est. payment /mo
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6,098 Sqft Lot
Active

1633-1635 N New Jersey ST Indianapolis, IN 46202

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Rebecca Wright

Rebecca Wright

+1(765) 543-8129

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Subdivision Allen & Roots North

MLS Listing ID 22087817

Year Built 1919

Tax Year 2024

Lot Size 6,098 Sqft

Acres 0.14

Property Sub-Type Duplex

Property Description

Premier Herron-Morton Investment: Dual Townhomes with a Premium 1 Bedroom Carriage House. This exceptional dual-residence property at 1633 & 1635 N New Jersey St offers a rare blend of turn-key living and high-performance investment potential in one of Indianapolis's most coveted historic districts. The main structure features two distinct, updated townhomes, each offering a spacious 2BR/2BA layout. Each side welcomes you with a deep, covered front porch leading into a seamless, modern interior highlighted by updated finishes, generous living areas, and gourmet kitchens. Beyond the interiors, each unit enjoys the luxury of a private, spacious fenced-in backyard. Adding unparalleled value is the massive 3-car detached garage topped by a fully-appointed 1BR/1BA carriage house. This unit provides 716 sq ft of additional living space, perfect for a high-end short-term rental, a long-term tenant, or a private guest retreat. One side is currently vacant for an owner-occupant or a new tenant, while the other is occupied for immediate cash flow at $2,399/month. The entire home is currently generating $3,834/month with a projected pro-forma potential of $6,433/month. Ideally located steps from Tinker Street, Foundry Coffee, Kroger and much more. Whether you are looking for a sophisticated "house-hack" or a flagship addition to your portfolio, this property delivers a perfect blend of performance and prestige. ***Carriage House photos are from a similar unit***

Location

State IN

County Marion

Rooms

Basement Unfinished

Interior

Heating Forced Air, Natural Gas

Cooling Central Air

Fireplace N

Exterior

Exterior Feature Carriage/Guest House, Balcony

Garage Spaces 3.0

View Y/N true

View City, Neighborhood

Roof Type Shingle

Building

Story Two

Foundation Concrete Perimeter, Block

Architectural Style Traditional

Structure Type Wood Siding

New Construction false

Schools

Elementary Schools James Russell Lowell School 51

Middle Schools Arlington Community Middle School

High Schools George Washington High School

School District Indianapolis Public Schools

Others

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Rebecca Wright

Rebecca Wright

Agent | License ID: 396527050

+1(765) 543-8129

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1633-1635 N New Jersey ST