USAINIndianapolisMontrose4502 Kingsley Dr
4502 Kingsley Dr, Home with 0 bedrooms, 0 bathrooms and null parking in Indianapolis IN | Image 1
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$199,900

4502 Kingsley Dr, Indianapolis, IN

Real Estate

For Sale

$--,---,---
000
  • Key Facts
  • Description
  • Map

Key Facts

Type Duplex
Levels Residential Income
Size -
Garage No
Taxes 
Days Active 20
Lot Size 
Approx. Age 1920
MLS® Number 22045106

Property Address: 

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

Description

Incredible investment opportunity in one of Indianapolis's hottest neighborhoods - South Broad Ripple! This classic 1920 duplex, located at 4502-4504 Kingsley Dr, offers two well-laid-out 1 bed, 1 bath units with approximately 704 sq ft each. Whether you're looking to house hack or expand your rental portfolio, this property delivers. One side is currently leased at $865/month - well below market rent - while the other side is vacant and ready for immediate occupancy or new tenants at higher rates. Nestled in the charming Montrose subdivision, the duplex sits on a 5, 576 sq ft lot and offers a great blend of urban energy and residential peace. South Broad Ripple is renowned for its walkability, vibrant dining scene, coffee shops, parks, and trails. Investors will love the steady demand and strong upside potential in rental income, especially in this high-growth area. With property taxes under $900/year and no HOA fees, your operating costs stay low. Priced at just $205, 000 - only $102, 500 per unit - this duplex is a rare find for the location and returns. Zoned for Indianapolis Public Schools and offering fast access to downtown, the Monon Trail, and Keystone at the Crossing, this is a location that tenants will love. Don't miss your chance to capitalize on a solid, cash-flowing asset with immediate value-add potential. 4502-4504 Kingsley Dr is a savvy buy in a booming rental market!Show Description
MLS® Number22045106
Laundry Level
Central VacNo
FireplaceNo
Acreage0.13
Exterior
GarageNo
Approx. Age1920
Basement
Driveway
Garage Spaces
Heat
A/C
Heating Fuel

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