448 N Davidson Street # 1 & 2 Indianapolis, IN
$ 795,000
Property Attributes
  • MLS#21800609
  • TypeMulti-Family
  • CountyMARION
  • CityIndianapolis
  • AreaCenter NE
  • NeighborhoodNOBLES
  • Zip46202
  • StyleItalianate
  • Year Built1890
  • Taxes$ 6774
  • Price$ 795,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size1,742 SqFt
Listing Provided Courtesy Of:
Scott Armstrong with Armstrong Real Estate Brokerag
Data Source:
Metropolitan Indianapolis MLS (MIBOR)
Property Description

RARE OPPORTUNITY: Historic Lockerbie building available! This property comes with 2 separate condo units WITH NO HOA bylaws / restrictions that prohibit Airbnb activity -an investors dream property! Live in one and rent the other, or rent out both and enjoy weekly cash flow. This building was converted to 2 condo units in 2003. The sellers are interested in selling the entire building with both units -the individual units are not for sale separately. Unit 1 offers 2 bedrooms and 2 baths. Unit 2 (upper level) offers 3 bedrooms, 3 bathrooms, and a huge bonus room on top floor! Pride of ownership is evident the moment you walk in -high grade finishes. Very few opportunities like this anywhere in Indy with no HOA restrictions - Hurry!

Price History
7/21/2021 Listed $795,000

General Features

Architectural Style Italianate
City Indianapolis
Construction Materials Brick, Wood
Contingency Act with no Contingency
County Marion
Current Financing Conventional, Conventional
Days on Market 184
Directions New York East of downtown just under the Interstate to Pine - North on Pine (one way) to Michigan - West on Michigan (one way) to building on the SW corner of Davidson & Michigan - parking in front on
Disclosures Not Applicable
MBR_SchoolDistrict Indianapolis Public Schools
New Construction No
Ownerpays NotApplic
Possession Negotiable
Property Attached Y/N Yes
Property SubType Residential Units - 1 to 4
Property Type Residential Income
Standard Status Active
Status Active
Street Name Davidson
Subdivision Name NOBLES
Tax Year 2020
Tenant Pays NotApplic
Total Units 2
Township Center NE
Unit Number 1 & 2
Year Built 1890

Interior Features

Basement (Y/N) Yes
Street Suffix Street

Exterior Features

Foundation Details Brick, Brick
Lot Size Acres 0.04


  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in 46202

AVG $540K
AVG $3,061
AVG 62
Year Built
AVG 1897
AVG 68
Data Provided by Walkscore ® not using MLS data

Looking for a more comfortable experience?

Download our mobile app for a personalized browsing experience.