Investor opportunity with immediate income and strong value-add potential! This side-by-side duplex features two spacious units, each with a private basement. Unit 213 offers 3 bedrooms and 1.5 bathrooms, while Unit 215 includes 3 bedrooms and 1 bathroom. The property also features a covered front porch and a spacious backyard.… Read More Conveniently located less than 3 miles from Downtown Indianapolis, the property provides easy access to employment centers, dining, entertainment, and major highways. Both units are tenant-occupied, with one tenant in place since 2022 and the other since 2023, generating a combined monthly rental income of $1,625. Current rents are below market rates, presenting an excellent opportunity for future rental increases and enhanced cash flow. Whether you're looking to expand your portfolio or add a value-add asset, this duplex offers outstanding investment potential. Read Less
Courtesy of Rize Commercial Realty LLC.
Listing Snapshot
Days Online
6
Last Updated
Property Type
Single Family Residence
Beds
6
Full Baths
2
Partial Baths
1
Square Ft.
3,213
Lot Size
0.12 Acres
Year Built
1915
MLS Number
22114218
30 Days Snapshot Of 46201
$229k
-18%
(avg) sold price
30
-33%
homes sold
70
-20%
(avg) days on market
Snapshot
Area Map
Additional Details
Appliances & Equipment
Description: Other
Building
Area: 2856, Architecture: Traditional, Building Area: 3213, Construction Materials: Vinyl With Brick, Levels: Two, Year Built: 1915
Cooling
Details: Central Air
Fireplaces
Total Fireplaces: 2
Heating
Heating: Natural Gas
Lot
Acres: 0.12, MLS Acres: <1/4 Acre
Utilities
Water Source: Public
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