Great investment opportunity to own a renovated duplex in the Bates Hendricks neighborhood. Located on a quiet residential street, it is only a mile from the center of Fountain Square's vibrant area with popular restaurants, cafes, and local shopping as well as only 1.5 mile from downtown Indianapolis. Completely renovated… Read More a few years back, each side of the duplex is a 2-story townhouse with 3 bedrooms and 2 full bathrooms and provides ideal separation between living and sleeping areas. Currently operating as high-performing mid-term furnished rentals and corporate housing (1 to 6 month stays) with high ROI, this property presents a turnkey investment opportunity with strong income potential. Higher income potential if operated as short-term rentals. Preference is to sell this duplex as a package with other properties also operating as mid-term furnished rentals (15 units in total) with the others being: 5724 Julian Ave (six 1br/1ba units), 1305 Ringgold (duplex with 3br/3.5ba townhouses), 717 Randolph (duplex with 2br/2ba townhouses) and 1529 Kennington (2br/1ba SFH) - a total of 15 units producing high revenues. The SFH at 1529 Kennington is the neighboring home. Read Less
Courtesy of Compass Indiana, LLC, 317-219-9277.
Listing Snapshot
Days Online
36
Last Updated
Property Type
Duplex
Lot Size
0.09 Acres
Year Built
1910
MLS Number
22077872
30 Days Snapshot Of 46225
$201k
+8%
(avg) sold price
13
+30%
homes sold
126
+59%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
Year Built: 1910
Lot
Acres: 0.09, MLS Acres: <1/4 Acre
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.