Turnkey Duplex - Fully Leased, $1,850/Month Income! Fantastic investment opportunity in Indianapolis! This 1-bedroom, 1-bathroom per side duplex with a full basement is fully occupied and generating $1,850/month in rental income. Each unit is on a current lease, providing stability and cash flow from day one. Convenient Location: Close to… Read More downtown Indy, shopping, dining, and major highways. This duplex is surrounded by remodeled and new construction homes giving it great future potential. Investor Friendly: With tenants already in place, this is a true turnkey rental. a list price of $179,900, this property comfortably meets the 1% rule, making it a great buy-and-hold investment. Bonus: The neighboring property at 228 N Tacoma Ave, a similar duplex, is also available. Would prefer to sell both as a package, giving you the opportunity to own two side-by-side income-producing properties. Read Less
Courtesy of Austyn Avenue Real Estate, 317-500-5963.
Listing Snapshot
Days Online
5
Last Updated
Property Type
Duplex
Lot Size
0.12 Acres
Year Built
1945
MLS Number
22062126
Additional Details
Basement
Unfinished
Building
Built in 1945, Levels: One
Cooling
Window Unit(s)
Foundation
Block
Heating
Forced Air, Natural Gas
Lot
0.12 acres, Not In Subdivision, Sidewalks, Street Lights
Roof
Shingle
Taxes
Parcel Number: 491005209065000101, Legal Description: Ogle Et Al E Park Add L174, Year: 2024
Tenant Pays
Security, All Utilities, Cable TV, Electricity, Gas, Insurance, Lawncare, Sewer, Trash Collection, Water
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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.”
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