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Listed price in listed location currency (USD).
$278,157
$300,000

000

MLS® 22036781

  • Key Facts
  • Description
  • Map

Key Facts

Type Duplex
Levels Residential Income
Size -
Garage Yes
Taxes 
Lot Size 0.52 acres
Approx. Age 1957
MLS® Number 22036781

Property Address: 3312 58th St, Indianapolis, IN, 46228-1620

Average square foot calculated using Size range provided by listing agent.

Description

Excellent Investment Opportunity in Washington Township - Duplex on Spacious Corner Lot Located in a highly convenient area of Indianapolis, this duplex presents a fantastic investment opportunity. Situated on a generous half-acre corner lot, the property includes two separately metered units with private entrances: 3312 W 58th St and 5807 Downing Dr. The larger unit at 3312 W 58th St offers 3 bedrooms, 1 bathroom, a 2-car garage, and a fenced backyard-ideal for families or long-term tenants. The smaller unit at 5807 Downing Dr features 2 bedrooms, 1 bathroom, a private driveway, and a side yard. Both units are currently leased to reliable, long-term tenants on month-to-month agreements. Rents are currently below market value-$900 for 3312 W 58th St and $500 for 5807 Downing Dr-leaving plenty of room for upside with modest cosmetic updates. Whether you're expanding your rental portfolio or seeking a flexible, income-producing property, this is a smart addition in a sought-after location. Minimum 24-hour notice required for all showings; subject to tenant approval and availability.
MLS® Number22036781
Laundry LevelConnections All, Main Level, Other
Central VacNo
FireplaceNo
Acreage0.52
Exterior
GarageYes
Approx. Age1957
Basement
Driveway
Garage Spaces2
Heat
A/C
Heating Fuel

Extras

Price History

May 15, 2025End Date
$278,157Sold Price

Sold

May 5, 2025List Date
$300,000List Price
  • Commute

Commute

Starting Address
Destination Address
3312 58 Th St, Indianapolis, IN

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