Welcome to this beautifully renovated 3-bedroom, 2-bathroom duplex located in the vibrant and sought-after Bates-Hendricks neighborhood, just minutes from downtown Indianapolis and the popular Fountain Square district. This charming property offers a fantastic opportunity for homeowners and investors alike, with endless potential as a primary residence, Airbnb, mid-term rental, or short-term rental. Whether you're looking to settle in or generate rental income, this home is move-in ready and versatile. The spacious layout features modern updates throughout while maintaining the character and charm that make homes in Bates-Hendricks so desirable. The updated kitchen boasts shaker cabinetry, butcher block countertops, and stainless steel appliances, making meal preparation a breeze. Each of the three generously sized bedrooms offers comfort and privacy, with ample closet space. Whether you need a peaceful retreat after a long day or a fresh, clean space for guests, this home has it all. Outside, you'll find a low-maintenance yard, perfect for enjoying your morning coffee or evening gatherings. The property is currently unoccupied, making it a seamless transition for new owners or renters. Its prime location offers easy access to the best that Indianapolis has to offer, from the arts and dining of Fountain Square to the cultural and business centers of downtown. This property is a must-see for anyone looking to invest in one of Indianapolis's hottest neighborhoods. With its turnkey condition and prime location, it's a perfect choice for those looking to capitalize on the growing demand for Airbnb, short-term, or mid-term rentals. Don't miss this opportunity to own a piece of Bates-Hendricks-schedule your showing today!
Are you in the market for a cash-flowing duplex or a perfect house hack? Look no further! This duplex was fully remodeled in 2023 - offering two spacious units, each featuring 2 bedrooms and 1 bath with over 1,000 square feet of well-designed living space. Both units boast updated bathrooms, fresh paint, new windows, flooring, and much more. Enjoy the benefits of a property that's ready to go-each side is move-in ready with modern finishes. The property also includes a generous covered front porch for relaxing, a large backyard, and a detached 1-car garage that provides extra income potential. On-site laundry adds convenience for both owners and tenants. Average rental rate is $1,100 - $1,300 in this area. Located just 5 minutes from downtown Indy, you'll have quick access to local favorites like The Bottleworks District and Neidhammer Coffee. Whether you're looking for a turn-key investment or a new home, this duplex offers both excellent rental potential and a comfortable living space. Make this duplex your next turn key investment or home today!
Amazing duplex in an unbeatable location! Directly across from Park Tudor School & backed by Marott Woods Nature Preserve, this property is a short walk from Broad Ripple Village, Holiday Park, White River, & top restaurants and shops. Carefully maintained to retain the charming architectural details typical of a 1950s gem, the owner-occupied 7003 side features 3 beds (primary on the main), 2.5 baths, an unfinished walkout basement with daylight windows, & a 2-car garage. The rented 7001 unit (below market $1500/mo through 10/2024) offers 2 beds, 1.5 baths, an unfinished basement, & a 1-car garage. Updates: new roof (2021) & city sewer connection (2024) plus more. Perfect to live on one side & generate income from the other!
This move-in ready duplex, located in a highly convenient area of Indianapolis, is an excellent investment opportunity. The larger unit features 3 bedrooms, 1.5 bathrooms, a cozy wood-burning fireplace, hardwood floors, and includes all appliances. The second unit offers 2 bedrooms, 1.5 bathrooms, and also has a wood-burning fireplace. Both units share access to a detached two-car garage, and the property sits on a spacious one-acre lot. While some exterior work is needed, it is still a great option for an investor or a buyer looking to live in one unit and rent out the other.
Investment opportunity near Eli Lilly Technology Center and only 3 miles to Downtown! Duplex is fully leased with professionally screened tenants. Each unit has a cute front porch, 2 large bedrooms upstairs and 1 full bath. Plenty of parking in the back. Unit 1360 leased at $949 per month. Unit 1362 leased at $999 per month. No showings without an accepted offer. Property is being sold "as is".
**Charming All-Brick Duplex in Prime Location - A Rare Investment Opportunity** Welcome to 3903 Bartlett Avenue, a beautifully maintained duplex nestled on nearly half an acre of lush, tree-lined property. Area market shows a potential monthly rent range of $1050-$1295 per unit. This turn-key ready duplex boasts two identical units, each offering 870 square feet of well-appointed living space, featuring 2 bedrooms and 1 bathroom per unit. Each unit is thoughtfully designed with its own private driveway and carport, along with a convenient storage shed and washer/dryer hookup. Recent renovations in 2023 have elevated this property to modern standards, ensuring comfort and style for tenants and owners alike. Upgrades include: Additional insulation between units for improved soundproofing. Brand new luxury vinyl plank (LVP) flooring throughout. Completely remodeled with contemporary finishes. All new interior and exterior paint for a crisp, updated appearance. New PEX plumbing supply lines, PVC drain pipes and recent replacements of electrical panels and water heaters (within the last 5 years) New ceiling fans, new back entry door on the Bartlett unit (2023), new front entry door on the Pacific unit (2022). A vapor barrier has been installed to enhance the property's longevity. The oversized lot offers ample space for future expansion. Consider adding a garage or accessory building, or explore the potential to split the parcel and develop a separate single-family residence (SFR). The duplex is equipped with separately metered electric and gas utilities, while water and sewer services are currently covered by the owner. Whether you're looking to generate consistent rental income or seeking a home thatoffers additional income potential, this duplex has it all. The Pacific unit is currently leased at $1035/month through March 2025, while the Bartlett unit is vacant and movein ready-perfect for a new tenant or an owner-occupant. Please do not disturb tenants.
Conveniently located, fully updated duplex just minutes from downtown Indianapolis! Both sides feature 3 bedrooms, 1.5 bathrooms, in-unit laundry, well appointed kitchen with stainless appliances and granite counters, comfy living room with neutral paint and LVP flooring, updated bathrooms with custom tile surrounds and a fenced in backyard and large front porch. One side (unit 25) is fully furnished and perfect for an Airbnb or for a traveling nurse. All furnishings are negotiable. The other side (unit 27) is newly vacant and is either waiting for it's new tenant or the perfect spot for you to move in and occupy. Both units are viewable with easy showing.
Part of a multi parcel listing encompassing a historically significant Tudor-style commercial building, parking lot, residential duplex and residential vacant lot for sale on Indy's vibrant Near-Eastside. Great visibility on heavily traveled access road into downtown Indianapolis. Currently zoned C3 (duplex parking lot and commercial building) and D8 (residential vacant lot), the collection of properties boasts almost 5000 square feet of mixed-use space w/attached parking lot. Perfect for office space/restaurant/bar, or for live-work scenario or creative arts community. This collection of properties is capable of housing a wide variety of businesses. Located directly across the street from a newly constructed 50 unit apartment building.
Incredible furnished duplex opportunity in the heart of Monon16/Kennedy King. Renovated down to the studs in 2021. Urban, walkable revitalization area in near northside of downtown Indy surrounded by $600k+ new homes incl'g Indy's first luxury container home. Only 1 block from West Fork Whiskey Distillery, Scarlet Lane Gastropub & the popular Monon Trail (running/walking/cycling trail) plus an easy 1.5 miles to Mass Ave District & all the amenities of downtown. Great opportunity to live on one side & rent the other! All furniture and appliances stay for huge upside in renting as short-term rentals (AirBnB, VRBO) or corporate housing. Current rents are $2400 monthly and $1300 month for the unit will SOON be vacated for showings! (*Rents could be even more for short-term rentals!)
Calling all investors! This spacious duplex located in Indys near Eastside features 2 bedrooms and 1 bathroom in each unit. Duplex is conveniently situated near the bus line and close to shopping. Being sold AS-IS.
LOCATION, LOCATION, LOCATION! This updated duplex is situated right next to Tarkington Park, with easy access to Butler University, Broad Ripple, and downtown Indianapolis. Each side features 3 bedrooms and 1 bathroom, making it a solid investment opportunity in a high-demand area. Recent updates include new kitchens and basement waterproofing, ensuring low maintenance and added value. This property is ideal for investors looking to add a reliable income stream to their portfolio in one of Indianapolis's most desirable neighborhoods. One unit recently renewed and the other is ready to rent. Don't miss out on this turnkey investment opportunity!
317 - 319 E 13th Street. Oversized Duplex AND Lot available in the Old Northside. Many original historic features remain. 317 E 13th St is 4bed, 2.5 bath and rented through November 30, 2024 at $2200/mo. 319 E 13th St is 3 bed plus bonus room, 3.5 bath rented through 12/31/2025 at $2350/mo (paid bi-weekly). Tenants rights in place. 317 has similar features, an additional bedroom, but has not been renovated aside from the 2nd floor full bathroom. Each unit is ~3100 sqft. To be sold with the adjacent lot at 1248 N New Jersey St, BLC #21995884 listed for $109,000.
With one side just recently rented and the other side with a stable, longer term renter, this duplex is a no-brainer of an investment. Each side is a larger 3-bedroom, 1 bathroom unit. Downstairs both units have the living room, dining room, and kitchen while the bedrooms and bathrooms are upstairs. These units are primed and ready for the next owner, so don't miss out!
6-Unit turnkey investment property! Four of the units are 2 bed/1 bath and two units are 1 bed/1 bath. All electric (no gas) with 6 separate electric meters. Owner pays for water only- Average $242 over the last 7 months. Property was gut-renovated in 2022 by previous owner with ~300k in capital expenditures (new rubberized flat roof, new PVC plumbing, new electrical, 6 new water heaters. New windows were installed in 2021.) All kitchen appliances and newer window air units are also included. Shared coin laundry units in basement are included and bring in average $98/month in income. On-street parking. Current leases: $900/month, $1,300 deposit, expires 2/28/2025. $900/month, $900 deposit, expires 10/31/2024. $900/month, $1,300 deposit, expires 12/31/2024. $750/month, $700 deposit, expires 8/31/2024. Current leases and rent roll attached in supplements. Room to increase rents year over year. Two units are currently vacant and available to show. Photos courtesy of management company, current as of 8/14/2024. Water heaters/panels/etc are in unfinished basement area. Coin operated washer/dryers are in basement common area. Owner pays $40 every two weeks for lawn care. See full listing info under commercial listing, BLC#21995747.
CALLING ALL INVESTORS-This is a prime opportunity to capitalize on a perfectly renovated duplex in the heart of Fountain Square. As a 2 bedroom, 1 bathroom; both sides are ready to go, with just a little TLC needed on one unit to maximize its potential. This property is a textbook example of the 1% rule, making it an ideal addition to your portfolio. The new HVAC systems, new roof, and fully renovated interiors ensure low maintenance and high returns. A graveld back yard makes it perfect for parking in the back! Whether you're looking for a solid investment or a perfect house hack, this duplex offers both. With everything in place and a prime location, 1227-1229 Harlan St is waiting for the right investor to unlock its full potential. Selling AS-IS
Welcome to 3036 East New York Street, an exceptional property in the heart of Indianapolis, offering incredible potential for savvy investors and homeowners alike. This multi-unit duplex, with the potential to convert into a triplex, is a unique find in a thriving neighborhood. This well-maintained property has undergone significant updates since its last sale. Currently configured as a duplex, this property offers two spacious units, each with its own private entrance, and living areas. With a little creativity, the layout can be easily adapted to create a third unit, enhancing its rental income potential and increasing overall profitability. Nestled in a desirable investment area in Indianapolis, this property is conveniently located near major roadways, schools, parks, and shopping centers. Its central location ensures high demand for rental units and makes it an attractive option for future tenants.Whether you're looking to expand your real estate portfolio or start your investment journey, this property offers a fantastic opportunity. The current setup provides immediate rental income, while the potential triplex configuration allows for increased revenue and diversified rental options. The property also features a generous backyard, providing tenants with a private outdoor space. 3036 East New York Street is more than just a property-it's a promising investment opportunity in a vibrant and growing area. Don't miss out on this chance to secure a versatile, income-generating asset.
Great opportunity to acquire a duplex in Broad Ripple, a top desired location for young professionals moving to Indy. Both units have been completely renovated, with beautiful quarts counter tops, new shaker cabinets, new high end appliances and each their own gas FIREPLACE. Bathrooms are brand new, new electrical wiring, new plumbing, and new flooring. One unit has Closet Concepts done in both bedrooms. Each unit is 2 bdrm, 2 ba, with kitchen/family room and basement with their OWN w/washer & Dryer. There is a 2 car garage, that is rented to one of the tenants for $300 monthly. Current rental for the 2 units is $4350 mo (because it is rented to family friends), but easily verify market rent of $2500 or more per UNIT/mo. The units have a strong rental history and low vacancy rates. Both units are rented until April 30, 2025. Proximity to the IndyGo Red Line strengthens the desire for renters. Home was considered in a flood zone when seller bought, but now believe the flood zone has been lifted. The last two owners chose not to have flood insurance. It is up to buyer to confirm if insurance is needed. This home is being sold as one unit (although two separate units). Because units are rented, 48 hrs notice is required for showing. Don't miss this rare opportunity!
Investors alert! Rare opportunity for investors! Add this property to your portfolio today! This property is a quadruplex! A perfect blend of comfort and convenience. This four unit offers distinct features that make it a delightful living space. The property boast 1 two bedroom one bath unit, 1 one bedroom with den and one bath (lower level units) and 2 one bedroom one bath ( upper units) . This property is 75% occupied and generates great income! Seller Financing option is available when agreed to financing terms and conditions are met.
FOURPLEX - 803-805 E. 64th St. and 800-802 Main St. Located on the southeast corner of East 64th and Carrollton Ave. in the heart of Broad Ripple this investment property has not been offered for sale in over twenty years. Opportunity to own a great investment property with great upside. Four - 2 bedrooms, 1 bath units have long term tenants with month-to-month tenancy. Rents range from $885 to $895 per month with tenants responsible for gas/electric.
Located in popular Herron Morton duplex to make your own. Oh so spacious 3 beds and 2 baths each side. Large rooms throughout the home with high ceilings. Refinished hardwood floors grace the lower levels of both units. In the old days the lower level had the parlor in the first room as entering the home. Then the living room and the dining room with the kitchen rounding out the back of the house. The back porch was made into the laundry room so it is on the main level. This 1900's home has all the glory of the old days with some updates completed. Live in one side that is ready to move in or rehab the 1820 side to more upscale. The second floor has a remodeled baths with soaking tubs on each side. The bedrooms are all nice sizes. The 1818 side has carpet on the second floor/1820 side has painted hardwood. There is a third floor that is waiting to be made into an owners suite or play room. Many angles on the roof line defines this 630 square feet begging to be rehabbed. Or divide the 3rd floor and make more room for each unit. It is possible to make townhouses out of this home. Kitchen and baths have tile on the floors. Kitchens have tile backsplash, all appliances and garbage disposal. Washer and dryer are in each unit. Parking in rear of home for 3 cars, or build a 3 car garage. New water heaters in last year. Furnaces 2 years old. Exterior painted 3 years ago. Ready for you to move in.
1% rule anyone? It can still be done. This home is closely located to Butler University and is in an up and coming area of the city. This home was recently appraised at $180k, so you can step into this deal with some instant equity. Each side is a 1/1 and rents total $1,395/mo. Currently, both tenants are Section 8 tenants and the property is being professionally managed. Property to be sold AS IS. Subject to tenants rights.
Another Duplex investment for your books! This property was once a business and now could be part of your portfolio. Upper unit has 1 BR, 1 Full BA. Main level unit has 1 BR, possibly 2 depending upon where you put the kitchen, 1 Full BA, 2 Half BA. Half basement is accessible from Main Level. The main level needs the kitchen put back in. For anyone looking for a small project and to feel the pride of getting an ROI, this is what you've been waiting to hear about. Mechanicals appear to be updated. Roof appears to be in excellent condition. Excellent visibility off 38th St. Bus line access directly in front. Excellent location for a small office / 1 BR rental upstairs combo or a duplex. Can easily be converted back to a single family home with access from main level. Parking lot behind this building is included - the one off Park Ave. Bring your lipstick! All it needs is cosmetics. Perfect little starter investment property.
This property is being sold AS-IS. This property requires at least a 24 hr. notice for showings. Both units have long term tenants. One unit has two dogs so be aware.
**Now combined price with lot to the south**Check out this amazing all brick Queen Anne Victorian all brick duplex in Herron Morton! This home is a dream come true for all of those with a love affair for meticulously maintained turn of the century homes. Iron fencing with automated gate and paved parking for 3-4 vehicles. This duplex is massive spouting 2615 sqft of living space, 3 floors and an unfinished basement for an additional 522sqft in the southern unit. Northern unit boasts 1445 sqft of living space with additional 712sqft of unfinished basement. Each unit contains 2.5 baths with the southern unit containing a large ensuite primary bedroom, wet bar in the bonus room, formal dining room, separate incredibly well lit living room and raised ceilings. Both units contain immaculate trim work, some of the original hardwood floors still exposed and several carpeted areas appear to still have hardwood beneath them. The possibilities are endless should someone want to open this back up to a single unit. As an investment property this home is minutes from down, the new hospital being build, 16th street dining and incredibly quick interstate access. Seller has a 30 year maintenance log to show how well property has been maintained. 1395 contains two water heaters, the upstairs water heater is brand new, whole house contains a brand new water softener and laundry on main floor. - Additional lot to the south with its own easement to the alley available for the right price, as it stands is a separate listing 1345 N Pennsylvania St.
Excellent investment opportunity on the Near Eastside. This duplex contains one bedroom, one bathroom, living room, and kitchen on each side. North unit is currently rented, but the South unit is vacant and can be shown. Arrangements will be made to view North side with tenants authorization upon second showing. Property being sold as-is.
Albert Wright Page, License RB14038157, Xome Inc., License RC51300094, [email protected], 844-400-XOME (9663), 4471 North Billman Estates, Shelbyville, IN 46176
The information is being provided by Metropolitan Indianapolis Board of REALTORS®. Information deemed reliable but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. © 2021 Metropolitan Indianapolis Board of REALTORS®. All Rights Reserved.
Indianapolis is located in Indiana. Indianapolis, Indiana has a population of 853,431. Indianapolis is less family-centric than the surrounding county with 26.4% of the households containing married families with children. The county average for households married with children is 26.59%.
The median household income in Indianapolis, Indiana is $44,709. The median household income for the surrounding county is $44,869 compared to the national median of $57,652. The median age of people living in Indianapolis is 34.1 years.
The average high temperature in July is 84 degrees, with an average low temperature in January of 19.9 degrees. The average rainfall is approximately 42.7 inches per year, with 21.9 inches of snow per year.
