6101 Madison Avenue, Indianapolis IN 46227

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$449,000

6101 Madison Avenue, Indianapolis, IN 46227

bedrooms

bathrooms

square feet

2,706

Acreage

0.47

Open Houses

year built

1948

Full Baths

Half Baths

Find out more

This unique investment opportunity has many options to suit the next owner for a great price. Perfect for an owner/investor to live in, rent out one side, both sides, or occupy completely. This property features a duplex with one side being a 2/2 partially renovated townhouse, 2 car heated garage with ample storage space or can be converted for more living area, a serene fenced in brick patio perfect for relaxing and entertaining, and an upgraded kitchen with new appliances. There is room for expanding or adding upgrades to increase the value. The other side of the property is a fully renovated hair salon with 5 booths that can be rented weekly or monthly, 2 private rooms for an esthetician, nail tech, massage, eyelashes/ brow services, spray tans, break room, or an office. The salon also features a half bath, a laundry/stock area, waiting area, 5 car accommodating parking lot with the driveway being able to be used for more parking if needed. There is a tenant currently that may leave or stay with the sale. Owner is the real estate agent and motivated. Do not miss out on this fantastic income property!

Location
Subdivision	-
County	Marion
Elementary School	-
Middle School	-
High School	-

Driving directions

Open houses

None scheduled.

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MLS number: 22014258

Listing agent: Ryann Hoover #RB22002655

Listing broker: Roger Webb Real Estate (317) 332-3105

Copyright © 2025 MIBOR Service Corporation. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. [source]

Last update: Monday, January 20 2025 at 8:19 p.m. EST

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