20 Schiller Street, Indianapolis, IN 46225

Property Description

Are you ready to house hack, buy this property live on one side and then have 3 separate rental incomes totaling $3950.00 for the other 3 units. This is a new construction property that has great potential. Rents currently being marketed for each 3 bed 2.5 bath 1500 sq ft unit is 2050.00 which includes owner paying for sewer and water. Rents for each studio are currently being marketed at $950 per month which includes sewer and water. 1 studio is already under contract to be leased 11/15/2025, recent marketing for all other units has just begun at the end of October. If you did decide to purchase and live on one side, the rents from the other 3 units would pay the majority if not all of your mortgage payment. This would be a great property for an investor as well if you are not wanting to house hack with total rents approximately $6,000.

Listing Status:

Active

Listing Office:

Victory Realty Team : 317-833-2861

Listing Agent:

Shane Burns : 317-833-2861

MLS ID:

22072255

Interior

• Laundry: Connections All
• A/C: Central AirHeat Pump
• Heating: ElectricForced AirHeat Pump

Exterior

• General: Carriage/Guest House
• Style: Traditional
• Parking: DetachedGravel

Construction

• Roofing: Asphalt
• General: TwoCrawl Space

Location

• Road/Access: Asphalt
• Originating MLS: mibor
• School District: Indianapolis Public Schools
• County: Marion

Lot

• Zoning: D5Theo Meyers Add L82 E 1/2 L83491113140049000101
• Current Use: Residential

Financial

• Source: mibor

This listing courtesy of Shane Burns, Victory Realty Team