Excellent duplex investment opportunity in the rapidly revitalizing Meridian Park/Boulevard Square area, surrounded by numerous renovated homes and ongoing redevelopment. Each side features 3 spacious bedrooms, 1 full bath with a tub/shower combination, durable LVP flooring throughout, and a full basement for additional storage. Both units offer a covered front… Read More porch, generous living room, separate dining area, full kitchen with ample cabinetry and counter space, and a rear deck. The functional floor plans and strong rental demand make this an attractive addition to any investment portfolio. Conveniently located with easy access to Fall Creek Parkway, providing quick commutes to Downtown Indianapolis and the Northside. Public transportation is just steps away, including IndyGo bus service and the Red Line. Unit 515 is currently vacant and requires only minor cosmetic touches to be rent-ready, presenting an immediate value-add opportunity. Unit 513 is tenant-occupied at $1,050 per month with a lease in place through March 2027, providing stable income from day one. Major updates include a new roof (April 2022), new A/C units (April 2023), and Sewer line updated & cleanout installed in April 2026. A solid income-producing property in one of Indianapolis' fastest-growing neighborhoods. Read Less
Courtesy of T&H Realty Services, Inc., 317-777-0750.
Listing Snapshot
Days Online
47
Last Updated
Property Type
Duplex
Lot Size
0.07 Acres
Year Built
1910
MLS Number
22105658
30 Days Snapshot Of 46205
$376k
0%
(avg) sold price
35
-31%
homes sold
60
-28%
(avg) days on market
Snapshot
Area Map
Additional Details
Basement
Description: Unfinished
Building
Architecture: Traditional, Construction Materials: Brick, Vinyl Siding, Levels: Two, Year Built: 1910
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 ,
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