1221 Lee

Indianapolis, IN

$170,000

1221 Lee, Indianapolis, IN 46221

Indianapolis, IN 46221 · L C Coburns Sub J F

MLS# MBR22125729

Listed 3 days ago

0 Beds
0 Baths

About this home

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!

Property Details

Type
Multi-Family
Year Built
1938
Lot Size
0.26 acres
Listed
3 days ago
County
Marion
Listing Office
The Modglin Group
Listing Agent
Carolyn Gonzalez

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Estimate principal and interest for this listing.

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$34,000

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Estimated monthly payment

$860/mo

Principal & interest
$860
Loan amount
$136,000

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Listed by The Modglin Group with Carolyn Gonzalez. Contact cng1986@gmail.com.

Indiana Regional MLSMIBOR Broker Listing Cooperative

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Based on information submitted to the MLS GRID as of September 26, 2026 at 4:46 AM EDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed accurate by the Broker Listing Cooperative® listing service.

Listings courtesy of MIBOR Broker Listing Cooperative as distributed by MLS GRID

IDX information is provided exclusively for consumers' personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID, and that the use of the MLS GRID Data may be subject to an end user license agreement prescribed by the Member Participant's applicable MLS if any and as amended from time to time.

Based on information submitted to the Broker Listing Cooperative listing service as of September 26, 2026 at 4:46 AM EDT. All data is obtained from various sources and may not have been verified by broker or Broker Listing Cooperative listing service. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Based on information submitted to the MLS GRID as of September 26, 2026 at 4:46 AM EDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.