815-817 Lancelot CT Jeffersonville, IN 47130
OPEN HOUSE
Sat Jul 05, 12:00pm - 2:00pm
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Square Footage 3,780 sqft
Price per Sqft $105
Subdivision Colonial Park
MLS Listing ID 202509094
Style One and One Half Story
Bedrooms 8
Full Baths 4
Abv Grd Liv Area 3,780
Year Built 1974
Annual Tax Amount $3,588
Lot Size 0.406 Acres
Acres 0.406
Property Sub-Type Duplex
Property Description
Discover a PRIME INVESTMENT OPPORTUNITY with this all-brick Cape Cod duplex—ideal for savvy investors seeking IMMEDIATE INCOME and LONG-TERM potential. Each side of this duplex property features 4 spacious bedrooms and 2 full bathrooms, offering comfortable living for tenants and maximizing rental appeal. With a newer roof and recently replaced AC units, major systems are already updated, reducing upfront maintenance costs and ensuring peace of mind.
Situated on a generously sized, shaded lot, this duplex provides outdoor space that's both inviting and low-maintenance. Each unit enjoys its own covered patio, perfect for relaxing or entertaining. The classic Cape Cod layout delivers charm with functionality, while the AMPLE SQUARE FOOTAGE supports high tenant demand.
Located in a desirable area with strong rental comps, each side has the potential to rent for up to $2,000/month, bringing the total POTENTIAL GROSS INCOME TO $48,000 annually. Whether you're expanding your portfolio or stepping into your first multi-family investment, this property checks all the boxes: LOCATION, CONDITION, INCOME POTENTIAL, AND LOW MAINTENANCE. Don't miss out on this turnkey duplex—schedule your showing today and start building equity while generating cash flow from day one!
Location
State IN
County Clark
Zoning Residential
Direction 8th Street to Colonial Park then right on Lancelot Court
Interior
Heating Forced Air
Cooling Central Air
Fireplace No
Exterior
Water Access Desc Connected,Public
Roof Type Shingle
Building
Dwelling Type Duplex
Entry Level One and One Half
Foundation Poured
Sewer Public Sewer
Water Connected, Public
Architectural Style One and One Half Story
Level or Stories One and One Half
New Construction No
Others
Tax ID 19000590540
Acceptable Financing Cash, Conventional, FHA, VA Loan
Listing Terms Cash, Conventional, FHA, VA Loan