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Key Facts

Type Duplex
Levels Residential Income
Size -
Garage No
Taxes 
Days Active 0
Lot Size 
Approx. Age 1945
MLS® Number 22062223

Property Address: 

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

Description

Turnkey Duplex - One Side Leased at $800/Month, Other Side Vacant with $1, 000/Month Potential or Owner-Occupy Option! Fantastic investment opportunity in Indianapolis! This 1-bedroom, 1-bathroom per side duplex with a full basement with 2 built out rooms is half occupied and currently generating $800/month in rental income. The other side is vacant and ready - with potential to rent for around $1, 000/month or for you to move in and live while building equity. Convenient Location: Close to downtown Indy, shopping, dining, and major highways. The area is surrounded by remodeled and new construction homes, giving this property excellent long-term growth potential. Investor Friendly: One tenant already in place providing stability and cash flow from day one, with immediate upside potential on the vacant unit. At a list price of $179, 900, this property meets the 1% rule, making it an attractive buy-and-hold investment. Bonus: The neighboring duplex at 224 N Tacoma Ave is also available. Prefer to sell both as a package, giving you the rare chance to own two side-by-side income-producing properties.Show Description
MLS® Number22062223
Laundry LevelIn Basement
Central VacNo
FireplaceNo
Acreage0.12
Exterior
GarageNo
Approx. Age1945
BasementStorage Space, Unfinished, Partially Finished
Driveway
Garage Spaces
HeatNatural Gas
A/CWindow Unit(s)
Heating Fuel

Extras

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