$230,000
Description
Investor alert! Don't miss this exceptional opportunity to add a cash-flowing, fully renovated duplex to your rental portfolio. This property features two income-producing units, both approved for Section 8 housing-ensuring consistent rent payments and reduced vacancy risk. The 3-bedroom, 1-bath unit rents for $2,100/month and includes updated finishes, a modern kitchen with stove, refrigerator, and microwave, plus in-unit laundry with a washer and dryer-an attractive feature for long-term tenants. The 2-bedroom, 1-bath unit is leased at $1,619/month and also includes a renovated kitchen with stove and refrigerator. All utilities are paid by the owner, streamlining tenant responsibilities and increasing rental… Read More desirability. With a total gross monthly rent of $3,719, this duplex offers immediate income and long-term upside in a growing rental market. This is a true turnkey property with no upfront renovation costs. Whether you're a seasoned investor or just getting started, this property is a smart buy with dependable returns. The tentative move-in date for both units is June 1, 2025. Read Less
Courtesy of Redfin Corporation.
Days Online
23
Last Updated
Property Type
Duplex
Lot Size
0.13 Acres
Year Built
1930
MLS Number
MBR22034654
Building
Architecture: "TraditonalAmerican", Levels: "Two", Year Built: 1930
Heating
Heating: "Forced Air"
Lot
Acres: 0.13, MLS Acres: <1/4 Acre
Area snapshot
30 Days Snapshot Of 46201
$196k
(avg) sold price
-28%
48
homes sold
+20%
104
(avg) days on market
+31%
Nearby Schools
*Please check the school district website to see all schools in this area
Center For Inquiry School 2
Public
KG-8
IPS Butler University Laboratory School 55
Public
PK-8
Shortridge High School
Public
9-12
George Washington High School
Public
9-12
Snapshot
Area Map
Mortgage Calculator
Monthly Payment
$0
The above figures are estimates and are not endorsed or certified. Check with your lender for actual interest rates.
Listing Information © Metropolitan Indianapolis Board of REALTORS®. All Rights Reserved.
Information Deemed Reliable But Not Guaranteed.

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