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Listed by Rosie Berzenye • T&H Realty Services, Inc.
$209,900
Est. payment /mo
0.25 Acres Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Subdivision Mechanics
MLS Listing ID 22077189
Year Built 1964
Tax Year 2024
Lot Size 10,890 Sqft
Acres 0.25
Property Sub-Type Duplex
Property Description
Prime Turnkey Investment: Brick Duplex with Immediate Cash Flow in High-Growth Indianapolis! Capitalize on one of the Midwest's most resilient rental hubs with this excellently maintained brick duplex in the heart of Indianapolis. Recognized as a "Top 10" housing hotspot for late 2025 by both Zillow and the National Association of Realtors, Indianapolis continues to outperform national averages in job growth and rental demand. This property offers a rare combination of immediate income stability and significant value-add potential in a market where 2-bedroom rental rates have seen steady annual increases. Each side of this mirror-image duplex offers nearly 850 sq. ft. of clean, contemporary living space optimized for long-term tenant appeal. A welcoming, quaint living room greets you upon entry, featuring modern Luxury Vinyl Plank (LVP) flooring and a fresh, neutral paint palette designed for durability and style. The functional kitchens are equipped with ample cabinetry and generous counter space, perfectly suited for all culinary needs. Each unit provides two spacious bedrooms and a full bathroom featuring a classic tub/shower combination. Private laundry areas in each unit enhance resident retention. Comfort is maintained year-round with individual central AC systems. A utility shed for each unit offers valuable additional storage for both residents. Unit 2603 is securely leased through April 2027 at $975 per month, providing predictable, long-term cash flow from day one. Unit 2601 is currently vacant and move-in ready. Utilities are separately metered. Located in a thriving metro area driven by diverse sectors including healthcare, logistics, and technology, this property benefits from proximity to major 2025 employers like Eli Lilly, Salesforce, and IU Health. Don't miss the opportunity to add this high-performing asset to your portfolio in a top-ranked 2025 investment market. Schedule your private showing today!
Location
State IN
County Marion
Interior
Fireplace N
Building
Story One
Foundation Crawl Space
Architectural Style Ranch
Structure Type Brick
New Construction false
Schools
School District Indianapolis Public Schools
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