Discover a prime investment opportunity in the vibrant St. Joseph neighborhood of downtown. This charming row house, free of HOA restrictions, features three distinct 1-bedroom units, each equipped with its own washer and dryer for added convenience. Located just a short stroll from an array of restaurants and entertainment options, this property is ideally positioned to attract both long-term and potentially short-term tenants. Two of the three units have been recently upgraded. All three units are currently leased, with two occupied by reliable long-term tenants on a month-to-month lease and the third unit also generating steady rental income. This property offers the perfect blend of urban accessibility and investment stability. Don't miss out on this exceptional chance to enhance your real estate portfolio in one of downtown's most sought-after neighborhoods.
Sold
$330,000
936 N Alabama St, Indianapolis, IN 46202
3beds
3baths
--sqft
Multi Family, Triplex
Built in 1890
-- sqft lot
$373,900 Zestimate®
$--/sqft
$1,784 Estimated rent
Home value
$373,900
$337,000 - $419,000
$1,784/mo
Zestimate® history
Owner options
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$1,784/mo
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$1,784/mo
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$2,057/mo
Est. payment
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$2,057/mo
Est. payment
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Zillow last checked:
Listing updated:
Listing Provided by:
Michael Miller 317-370-0189,
F.C. Tucker Company
Bought with:
Renee Peek
F.C. Tucker Company
Mickey Peek
F.C. Tucker Company
Source: MIBOR as distributed by MLS GRID,MLS#: 22000567
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Main level bathrooms: 3
Heating
- Has Heating (Unspecified Type)
Cooling
- Has cooling: Yes
Appliances
- Laundry: Other
Features
- Basement: Apartment,Egress Window(s),Finished
Property
Features
- Levels: Multi/Split
Lot
- Size: 1,742 sqft
- Features: City Lot
Details
- Parcel number: 491101223045000101
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Multi Level
- Property subtype: Multi Family, Triplex
Materials
- Foundation: Brick/Mortar
Condition
- New construction: No
- Year built: 1890
Community & neighborhood
Security
- Security features: Carbon Monoxide Detector(s), Fire Alarm
Location
- Region: Indianapolis
- Subdivision: Sorins
Other
Other facts
- Road surface type: Asphalt
Price history
| Date | Event | Price |
|---|---|---|
| 11/1/2024 | Sold | $330,000+1.5% |
Source:  MIBOR as distributed by MLS GRID #22000567 Report a problem | ||
| 9/16/2024 | Pending sale | $325,000 |
Source: MIBOR as distributed by MLS GRID #22000567 Report a problem | ||
| 9/10/2024 | Listed for sale | $325,000 |
Source: MIBOR as distributed by MLS GRID #22000567 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $5,017 +0% | $325,000 +53.7% |
| 2024 | $5,014 +14.9% | $211,400 |
| 2023 | $4,363 +10.3% | $211,400 +14.4% |
| 2022 | $3,956 +3.8% | $184,800 +7.8% |
| 2021 | $3,812 +2.9% | $171,500 +4.2% |
| 2020 | $3,704 -0.1% | $164,600 +4.9% |
| 2019 | $3,707 +23.6% | $156,900 +0.8% |
| 2018 | $3,000 +4.9% | $155,600 +11.3% |
| 2017 | $2,859 -2.2% | $139,800 +3.8% |
| 2016 | $2,925 +5% | $134,700 +4.5% |
| 2014 | $2,787 -0.2% | $128,900 |
| 2013 | $2,793 | $128,900 +3.5% |
| 2012 | $2,793 | $124,500 +4.6% |
| 2011 | -- | $119,000 |
| 2010 | $2,474 +103.8% | $119,000 |
| 2009 | $1,214 | $119,000 -8% |
| 2007 | -- | $129,400 +10.8% |
| 2006 | -- | $116,800 +80% |
| 2005 | -- | $64,900 |
| 2004 | -- | $64,900 |
| 2003 | -- | $64,900 +236.3% |
| 2002 | -- | $19,300 +200.2% |
| 2001 | -- | $6,430 |
| 2000 | -- | $6,430 |
Find assessor info on the county website
Neighborhood: Downtown
Nearby schools
GreatSchools rating
- 7/10Center for Inquiry School 2Grades: K-5Distance: 0.3 mi
- 4/10Francis W. Parker School 56Grades: PK-8Distance: 1.7 mi
- 1/10Crispus Attucks Medical Magnet High School (9-12)Grades: 9-12Distance: 1 mi
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Estimated market value
$373,900
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$373,900
- Indiana
- Marion County
- Indianapolis
- 46202
- Downtown
- 936 N Alabama St
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Nearby neighborhoods
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