$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 $2,200/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 $1,500/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 $3,700, 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 tenants is June 1, 2025. Read Less
Courtesy of Redfin Corporation.
Days Online
2
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
$239k
(avg) sold price
+15%
46
homes sold
0%
100
(avg) days on market
+23%
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.

LockStep Realty
Always in Lockstep

Thank you for reaching out! I will be able to read this shortly and get ahold of you so we can chat.
~LockStepPlease Select Date
Please Select Type
Properties
Similar Listings
LockStep Realty
Pre-market List
Our dedicated team of reliable agents diligently scouts for these exclusive off-market opportunities, guaranteeing you access to exceptional properties in sought-after locales before anyone else.
Confirm your time
Fill in your details and we will contact you to confirm a time.

'VIP' Property Search
Put an experts eye on your home search! You’ll receive personalized matches of results delivered direct to you.