Investor opportunity in Indianapolis with strong cash flow and upside. Two units currently occupied with 2 units vacant and ready to lease; Both unit needs light TLC, offering value-add potential. Fully occupied rents project approx. $3,300/month, exceeding the 1% rule. All tenants are month-to-month, providing flexibility for rent increases or… Read More repositioning. Separately metered units with tenants paying utilities keep expenses low. Lower level offers potential for additional storage, laundry, or future unit. Ideal for new or seasoned investors seeking a stabilized asset with upside. Read Less
Courtesy of BLK Key Realty, 317-358-7049.
Listing Snapshot
Days Online
124
Last Updated
Property Type
Quadruplex
Lot Size
0.14 Acres
Year Built
1925
MLS Number
22073146
Additional Details
Building
Architecture: "Traditional", Construction Materials: "Vinyl Siding", Levels: "Two", Year Built: 1925
Laundry
Description: "No Laundry Facil."
Lot
Acres: 0.14, MLS Acres: <1/4 Acre
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