Great addition to your investment portfolio with this cash cow! Unique setting off of Bluff road situated on just over and acre. Two ranch homes with basements and a total of 4 producing units. One large house near the front of the lot includes 3 units. Updated laminate hardwood flooring, cabinets, kitchens and baths! New water lines throughout and updated electrical. 2nd home is on the rear of the property and features an easily accessible basement and wrap around wood deck. This 1 BR/1BA has the same updates throughout. Spacious gravel drive and parking for all of the tenants. Property is in a great rental area.
Beautifully renovated four-unit property in popular Mapleton Fall Creek neighborhood. This rare multifamily gem features four fully updated 2-bedroom PLUS a flex office/extra room, 1-bath units, offering a fantastic opportunity for investors seeking a lucrative and versatile investment. Recently updated electrical, HVAC, plumbing, gutters, electronic entry, washers, and dryers. Full laundry facilities are available in the basement for residents' convenience. Plenty of storage space is available, making it easy for tenants to store their belongings. Big lot with plenty of space for parking for tenants. Located in a desirable neighborhood, this property offers both comfort and convenience, making it a great investment for years to come. Don't miss out on this generational investment opportunity in downtown Indy.
1st time investor or experienced investors dream. All of the major component's of these properties have already been replaced, Roofing, water heaters, HVAC's serviced, etc. New toilets, fixtures and appliances purchased in the last 12 months. Currently 4 of the units are rented and the other 2 are pending application approval. Leases are currently at various expiration dates. Current tenants are willing to extend leases. Don't miss this amazing opportunity to invest and start getting immediate positive ROI. Call Today!!!
1st time investor or experienced investors dream. All of the major component's of these properties have already been replaced, Roofing, water heaters, HVAC's serviced, etc. New toilets, fixtures and appliances purchased in the last 12 months. Currently 4 of the units are rented and the other 2 are pending application approval. Leases are currently at various expiration dates. Current tenants are willing to extend leases. Don't miss this amazing opportunity to invest and start getting immediate positive ROI. Call Today!!!
1st time investor or experienced investors dream. All of the major component's of these properties have already been replaced, Roofing, water heaters, HVAC's serviced, etc. New toilets, fixtures and appliances purchased in the last 12 months. Currently 4 of the units are rented and the other 2 are pending application approval. Leases are currently at various expiration dates. Current tenants are willing to extend leases. Don't miss this amazing opportunity to invest and start getting immediate positive ROI. Call Today!!!
This 3 bedroom, 2 full bath home has been split into two units.The front unit is 2 bedrooms, a kitchen, living room, laundry room,full bathroom and bonus room that could be used as a third bedroom. It has beautiful original wood floors. The back side is a one bedroom full bathroom unit with it's own kitchen, laundry room and living room. It also has an attached garage. The home shares one HVAC system with WIFI controlled thermostat. The HVAC is 1.5 years old. The dual stoves and fridges are only 2 years old. The home could easily be made back into one unit or kept as is for income. It has been a successful rental with both sides occupied. New maintaince free metal roof. Property is two miles from the center of downtown. One mile from center of IUPUI, Riley Children's Hospital, IU Health, Eskanzi and the VA. One block from White River Promenade entrance and entrance to Indy Zoo.
Investors - Looking for that special duplex project in an area that will attract high paying renters? The outside is about 70% done and the interiors both need complete rehab. Seller is selling as is.
Investor's Gem or Perfect House-Hack in Christian Park! Step into this exceptional duplex, located in the desirable Christian Park neighborhood on the near eastside, just a 10-minute drive from downtown Indianapolis. Both units were thoughtfully updated in 2023, and the roof was replaced in 2022, ensuring peace of mind for years to come. The vacant unit is move-in ready, offering an ideal opportunity for an owner-occupant or a new tenant. The other unit is tenant-occupied, bringing in $850 per month (exp 5/30/25). With tenants paying all utilities, the property is designed for optimal cash flow. Given the updated condition and prime location, hitting or exceeding the 1% rule should be no problem. The mirror-image units are spacious and modern, and both have laundry hookups and central heat/air, appealing to renters and owners alike. Currently under professional management, the new owner has the option to retain these services for a seamless transition, making this property an easy and profitable addition to any portfolio. Don't miss out on this incredible opportunity to invest in a turnkey property with immediate income potential. Schedule your showing today!
Discover the perfect blend of convenience and comfort with this charming duplex located in the desirable Meridian Kessler neighborhood. Situated next to the Monon Trail, it's ideal for biking or leisurely strolls, and just two blocks from the New Red Line, providing easy access to public transportation. This prime location places you minutes from Downtown Indy and Broad Ripple, offering a variety of dining, shopping, and entertainment options. The upper unit features a spacious three-bedroom layout, a full bathroom, and the convenience of in-unit laundry with a washer and dryer provided. The well-appointed kitchen opens into bright living and dining rooms, all with beautiful hardwood floors throughout. Each bedroom and the living room have individual climate-controlled AC/Heat systems, ensuring comfort year-round. This unit also offers off-street parking, including a shared two-car garage and driveway space for guests, with additional street parking available. The lower unit is another spacious three-bedroom residence, also boasting custom temperature control systems for each living space. Off-street parking and garage storage are included, providing ample space for vehicles and belongings. This duplex offers a unique opportunity to live in one of Indianapolis's most sought-after neighborhoods while enjoying the benefits of rental income or expanding your investment portfolio. Enjoy the proximity to the Monon Trail for outdoor activities and easy access to local amenities and transportation. Don't miss out on this prime property in Meridian Kessler.
ATTENTION: Investors & house hackers who were waiting for the perfect location! This large duplex is located right on College Ave across from the Red Line and within walking distance to popular restaurants on 46th street, a quick drive to Broad Ripple, and an easy commute to downtown. The 3 bedroom, 1 bath per side duplex is waiting to be the next addition to your investment portfolio. The property features original hardwood floors, renovated bathrooms, updated kitchens with stainless steel appliances and quartz counters, separate privacy fences, and off-street parking. The property was last leased at $1,800. BACK ON MARKET with a NEW roof and minor repairs completed. Tenants are out and units are now in a move-in ready condition!
INVESTORS check out this cash flowing property. This is a unique opportunity to own 2 single family homes on one lot. Unit 1 is a 2 bedroom/1 bath unit. It has a small shed with fenced backyard. Tenant pays $1200/mo and is responsible for all utilities. Unit 2 sits behind the front house off of the alley and has off street parking and fenced in area as well. It is a 1 bed/1 bath. This tenants pays $975/mo and is responsible for all utilities. . Please do not disturb tenants.
3 bed per side duplex with 1.5 baths on one side and 1 on the other. Each side is over 1300 sq ft of living space. Beautiful hardwood floors. Each side an a fully enclosed porch for extra living space. The is a detached one car garage that can be allocated to either unit or could be an additional income source. One side is vacant and the other has a long term tenant on month to month lease.
Two bedrooms in each unit, clean, well-maintained, no structural issues, great paying tenants. With two bedrooms in each unit, laundry, fenced yard, off-street parking and close proximity to downtown, this duplex stands out to renters. Flooring in both units was recently replaced with LVP. Kitchens and bathrooms are in good shape. Vinyl siding, vinyl windows. Both units are occupied with 12 month-month leases, total of $1,750/month. Property sold AS-IS
New Roof September 2024! New Front Porch and Deck August 2024! Your next side by side duplex investment! 1 BR, 1 BA rented for $550/month; 1 BR, 1 BA rented for $650/month. This Duplex is fully rented and ready to be taken over by you. Taxes were $1338 last year. Both sides currently rented. One side will need extensive clean out due to hoarder.
Attention Investors! Great Opportunity! Property is in foreclosure/receivership and is being sold as is. No prsonal items or debris wil be removed by seller. Utilities are not on and will not be connectd by seller. All offers are subject to court approval. Room measurements have not been taken, buyer's agent will have the responsibility of measuring should they be required. No sign in yard.
Calling all Investors. Investment opportunity on Indy's near west side. Home is a renovation project and being sold as-is. Home is in Short Sale. Property is a duplex that has been platted into two condos. Both being sold together.
4 Units Newly Remodeled , Two 1 bedroom 1 bath Units. One 2 bedrrom 1 bath Unit , One 3 Bedroom 1 Bath unit
Discover this charming duplex, each unit offering 2 bedrooms and 1 bath. Both units are currently rented, providing immediate rental income. Enjoy peace of mind with a newer roof and new water heaters installed in both units within the past two years. The main living areas feature tile floors, while the bedrooms are carpeted for comfort. The property also includes a good-sized shared yard, perfect for outdoor activities. Conveniently located with close access to I-70, this property allows for an easy commute to downtown Indianapolis, as it is just off the I-70 and Shadeland Ave exit.
Are you ready to up your Investment Portfolio? Take advantage of this amazing opportunity to own a duplex in the Indianapolis Downtown area! This property has undergone fire damage and is ready for the next Investor's strategic plan to join the movement of homeowners that are revitalizing this wonderful community. The property is being sold as-is. Reach out today and let's discuss how we can make this a reality for you!
Welcome to this beautifully updated duplex, perfectly located in the highly desirable Bates-Hendricks neighborhood. Just minutes away from Eli Lilly and an array of trendy restaurants, this property offers the best of urban living. Each side features 2 spacious bedrooms and 1.5 baths, providing ample space and comfort. The interiors have been thoughtfully updated with modern amenities. Whether you're looking for a great investment opportunity or a home with rental income potential, this duplex is a must-see. Don't miss out on this fantastic property in a prime location!
Attention savvy investors, this is the one you have been waiting for! With tasteful updates, unparalleled location, and all the historic charm the old-northside has to offer...meet 1451 N Delaware! This is an incredibly unique property with so much potential! Currently, all 4 units bring in around $4,350/month. This is due to rents not being raised in a long while to accommodate long-term tenants. According to calculations on rentometer.com, units these sizes in this location will bring in closer to $7000/month *not guaranteed*. That's not even mentioning the unique bonus-rooms in two of the units that can easily be converted into other bedrooms! This gorgeous property is being sold with 15 other properties in a once-in-a-lifetime package deal! The other blc numbers are: 21981814, 21981810, 21981802, 21981820, 21981817, 21981809, 21981807, 21981816, 21981806, 21981800, 21981811, 21981796, 21981813, 21981818, 21984186, 21981803. The portfolio has been valued at over 3.5 million. However, the seller is willing to accept $3,000,000 for the whole portfolio!
This tenant-occupied Tuxedo Park duplex has been tastefully updated, and is ready for its new owner! Each side includes a spacious living room, formal dining area, large kitchen, and upstairs has two bedrooms and a full bathroom! As of right now, total rental income for both sides is around $1,750/mo. However, rents have been steadily increasing in the area, so the next tenant turn means it's time for a rent increase! This property is being sold as a part of a 16 unit portfolio. Portfolio BLC numbers are: 21981814, 21981810, 21981802, 21981820, 21981817, 21981809, 21981807, 21981816, 21981806, 21981800, 21981811, 21981796, 21981813, 21981818, 21984186, 21981803. The portfolio has been valued at over 3.5 million. The seller is willing to accept an offer of $3,000,000 for the entire portfolio!
The marvelously updated Bates-Hendricks duplex is an investor's dream! Each side has 3 bedrooms and 2.5 bathrooms, allowing you to maximize rents and get a great return on your investment! As it stands, this property is bringing in over $3000/month. However, according to rentometer.com the average rent for a home this size in the area is $1900 (per-side), so there may be an instant opportunity to improve ROI! This property has been gutted to the studs and will have your tenants proud to call it home! This property is being sold with a larger portfolio with the blc numbers: 21981814, 21981810, 21981802, 21981820, 21981817, 21981809, 21981807, 21981816, 21981806, 21981800, 21981811, 21981796, 21981813, 21981818, 21984186, 21981803. The portfolio is valued at over 3.5 million. The seller is willing to accept an offer of $3,000,000 for the entire portfolio!
Your next Short Term Rental (walking distance from stadium) OR 7 bedroom transitional recovery housing OR traditional duplex conversion OR an owner-occupied duplex! There are 3BR, 2 full BA downstairs; 4BR, 2 full BA upstairs. No current leases in place. The property comes with Central Air (new 2020), 2 water heaters (new 2020), heat pump (new 2020), newly insulated exterior walls. Painted with new flooring (2022). All furniture stays with the property. Property being sold as-is, furniture included (HIT Man solution foundation repair work estimate on file) - Available upon request. Property currently occupied with a caretaker that cleans and maintains the site (no lease in place). 5M Inspection already available for sale from previous purchaser. Zillow says 7 bathrooms on the main floor - this is not accurate. Reference the remarks here and unit breakdown for correct numbers.
Attention savvy investors and buyers - 4 PLEX - HERRON MORTON - Surrounded by high-end luxury single-family homes and development. All units have private laundry - private entry - 3 Car detached garage with separate bays and service doors for additional income. All units have central air - All units are all electric. Tenants pay electric - owner pays water and sewer. No gas. One block from the new "The Grounds" retail and multi-use development. 3 Units are occupied and one is vacant and move-in ready for showings. HUGE UPSIDE with this location and two buildings for generations to come.
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.