This fully remodeled duplex at 941-943 North Dearborn presents a strong investment opportunity in a desirable and growing area of Indianapolis. Each side of the property features 3 bedrooms and 1.5 bathrooms, making it ideal for long-term tenants or an owner-occupant. The 941 unit is currently leased at $1,500 per… Read More month through August 2026, providing immediate, stable rental income. The 943 unit is vacant and move-in ready, offering flexibility for additional rental income or personal use. If rented at the same $1,500 rate, the property would generate $3,000 in monthly income-exceeding the 1% rule and delivering strong cash flow. The property has been recently renovated throughout. Still could use certain TLC, subject to where you'd want the finishes. Its location offers convenient access to downtown, major roadways, local parks, and schools. With solid income potential and updated finishes, this is a turnkey asset for any investor looking to build long-term wealth. All utilities are separate. Read Less
Courtesy of eXp Realty, LLC, 888-611-3912.
Listing Snapshot
Days Online
8
Last Updated
Property Type
Duplex
Lot Size
0.1 Acres
Year Built
1910
MLS Number
22054282
Additional Details
Basement
Unfinished
Building
Built in 1910, Levels: Two, Construction Materials: Wood Siding, Brick
Cooling
None, Window Unit(s)
Foundation
Block
Heating
Forced Air
Lot
0.1 acres, Access, Sidewalks
Parking
Alley Access
Property
Updated/Remodeled, Trees/Woods, Neighborhood
Roof
Metal
Taxes
Parcel Number: 491005171005000101, Legal Description: The Aetna Realty Association Sub L3, Lot: 3, Year: 2024
Find The Perfect Home
'VIP' Listing Search
Whenever a listing hits the market that matches your criteria you will be immediately notified.
The data relating to real estate for sale on this website comes courtesy of MIBOR REALTOR® Association as distributed by MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.”
Based on information submitted to the MLS GRID as of ,
Confirm your time
Fill in your details and we will contact you to confirm a time.