INVESTOR PORTFOLIO AVAILABLE. Long-term tenants, established rental income make this an attractive buy-and-hold opportunity. Great fit for an investor looking for a stabilized duplex and cashflow. Newer water lines and siding. Sold "as is". Can be packaged with 5210/5212 Burgess and 115 N Sherman.
Welcome to this fantastic Fountain Square duplex offering approximately 1,300 square feet per side! Each unit features 3 spacious bedrooms and 1.5 bathrooms, making this an excellent investment opportunity or owner-occupant property. Both sides offer charming covered front porches, beautiful hardwood floors, and inviting fireplaces that add character and warmth. The kitchens feature stainless steel appliances, blending functionality with modern appeal. Each unit also includes a 2-car covered parking space and a private storage shed for added convenience and functionality. Located in the highly desirable Fountain Square area, this duplex offers a great combination of space, character, parking, storage, and investment potential in one of Indianapolis' most sought-after neighborhoods.
5-unit investment property, 100% occupied and newly renovated. Appraisal value $490,000 June 2026 before rent increases. This turnkey opportunity currently generates $6035 per month with long-term tenants in place. Unit turns have been completed on all units, and the property features all new siding. Basement offers additional income potential through future laundry and/or tenant storage or building out additional units.
Two income streams, one roof, and nothing left to do but close. This fully remodeled duplex in Oliver Johnson's Woods gives you 3 bedrooms and 2 baths on each side, at 1,542 square feet per unit. The 4462 side runs as a self-managed Airbnb. The 4464 side is leased long-term. Buy it and start collecting from both the day the deal closes. The 2018 remodel touched everything that matters: roof, windows, siding, HVAC, and water heaters, all replaced. Inside, both units feature custom cabinets, stainless steel appliances, pot filler faucets, floor-to-ceiling tile, LVP flooring, and arched bar nooks that give the space real character. Durable Hardie siding wraps the exterior, and each side has a separate gas meter and sewer meter, so utilities stay clean and simple (tenants pay their own). A privacy-fenced yard and paved off-street parking round things out. The furniture in the 4462 unit conveys with the sale, so the new owner can start hosting the day of closing. No setup, no shopping trips, no lost booking nights. The 4464 side will give you steady rent now. House hackers, STR and MTR investors, and buy-and-hold landlords: this is a rare find on a 0.18-acre lot just minutes from downtown Indy. Two proven income streams, one address, ready from day one. Reach out for financials and to schedule a private showing.
Income-Producing Duplex Portfolio - Four Fully Rented Units Excellent investment opportunity featuring two duplex properties with four total units, all currently rented. The portfolio offers a strong rental history, with all tenants demonstrating a consistent record of on-time payments. In addition to the four residential units, the property includes four separate garages currently available to be rented for storage, providing an additional income stream. The properties are well maintained and have benefited from numerous recent improvements. Three of the four units have been renovated, including new flooring, lighting, drywall, and interior paint. A new roof and gutters were installed in 2024, and three of the four units have received new water heaters between 2023 and 2025. Two of the four units have new HVAC systems, further enhancing the property's reliability and appeal. Electrical panels have all been replaced and are up to code. Both properties are serviced by well and septic system and have been carefully maintained, with all major systems and components reported to be in good working order. Septic pumped in 2026. This is a turnkey investment opportunity with established tenants, multiple income sources, and a strong history of ongoing maintenance and improvements.
Income-Producing Duplex Portfolio - Four Fully Rented Units Excellent investment opportunity featuring two duplex properties with four total units, all currently rented. The portfolio offers a strong rental history, with all tenants demonstrating a consistent record of on-time payments. In addition to the four residential units, the property includes four separate garages currently available to be rented for storage, providing an additional income stream. The properties are well maintained and have benefited from numerous recent improvements. Three of the four units have been renovated, including new flooring, lighting, drywall, and interior paint. A new roof and gutters were installed in 2024, and three of the four units have received new water heaters between 2023 and 2025. Two of the four units have new HVAC systems, further enhancing the property's reliability and appeal. Electrical panels have all been replaced and are up to code. Both properties are serviced by well and septic system and have been carefully maintained, with all major systems and components reported to be in good working order. Septic pumped in 2026. This is a turnkey investment opportunity with established tenants, multiple income sources, and a strong history of ongoing maintenance and improvements.
Discover a unique investment opportunity in the Southport area of Indianapolis with this fully occupied triplex offering three distinct rental units and plenty of character. The main-level residence features 2 bedrooms and 2 full bathrooms along with beautiful original details, including substantial woodwork, classic molding, and impressive pocket doors that reflect the home's historic charm. Upstairs, the 1-bedroom, 1-bathroom unit has seen approximately $35,000 in recent improvements, including an updated kitchen, electrical upgrades, and a new air-conditioning system. A separate rear 1-bedroom, 1-bathroom unit completes the property. Each unit has its own furnace and water heater, providing added convenience for both ownership and tenants. Outside, the property offers two driveways along with a spacious garage featuring tandem parking and an additional lean-to. All three units are currently leased, making this an excellent opportunity for an investor looking to add an established multifamily property to their portfolio. Conveniently located in the Southport area with easy access to shopping, dining, major roadways, and only 15 minutes to University of Indianapolis.
New duplex and a wonderful living space. Luxury high end finishes, including granite countertops and stainless steel appliances. Luxury bathrooms with tiled surrounds and granite vanity tops. This property provides an opportunity to experience modern living. With 1296 square feet of living area, the layout offers a comfortable, modern, homey feel. This home features 3 bedrooms and 2 full baths, providing enough space for a variety of lifestyle needs, from a home office to guest accommodations. Imagine the convenience and starting your mornings with a relaxing end to your evenings. The lot area is perfect for outdoor enjoyment and relaxation. This INDIANAPOLIS home creates a personalized living experience. This Property is broker owned.
Add a strong, income-producing property to your portfolio with this four-unit multifamily property near Downtown Indianapolis. Each unit offers a functional 2-bedroom, 1-bathroom layout, providing a desirable rental configuration with broad tenant appeal. With three of the four units currently occupied and just one vacancy, this property offers immediate rental income while still giving a new owner the opportunity to lease the remaining unit and increase overall performance. Located just north of Downtown Indianapolis, the property provides convenient access to IUPUI/IU Indianapolis, Methodist Hospital, downtown employers, restaurants, entertainment, and major commuter routes. Its central location and proximity to some of Indy's growing urban neighborhoods make it an attractive option for renters and investors alike. Whether you're looking to expand an existing portfolio or add a multifamily property with established occupancy, 522-524 W 23rd St offers four 2-bed/1-bath units, existing rental income, and additional upside through the current vacancy.
Don't miss this Investor opportunity! This duplex features two separate 3-bedroom, one-bathroom units, each with its own private entrance, living area, kitchen, 3 upper level bedrooms, and a full bathroom. The basement has a full bath on each side as well. This property offers a practical layout and the flexibility to rent both units, occupy one side while leasing the other, or add it to an existing rental portfolio. Property being sold As is.
**INVESTOR SPECIAL** This duplex near Children's Museum of Indianapolis is waiting for the right landlord to make it shine again. Currently a duplex, however the prior owner has completed light framing in the attempt to convert it into a 4-unit apartment. The current layout is framed to have a front and rear living space per side. The 3026 side has a 1 bedroom efficiency apartment in front, and a 3 bedroom two-story apartment in the rear. Each apartment has 1 bathroom. The 3028 side has the exact same floorplan making this a duplex in the process of being converted into a 4-unit. It doesn't appear any plumbing or electrical has been updated to date. Property used to have a one-car garage that is now just a parking pad. There is room to build a new garage.
Why choose between buying a home and buying an investment when you can potentially do both? Welcome to 231-233 W 29th Street, a duplex offering the flexibility today's buyers and investors are looking for. Whether you're an experienced investor ready to expand your Indianapolis portfolio, a first-time investor looking to get started, or a savvy buyer interested in house hacking, this property presents an opportunity worth exploring. LIVE IN ONE SIDE. RENT THE OTHER. BUILD FROM THERE. A duplex creates options that a traditional single-family home simply can't. Owner-occupants can enjoy their own private living space while potentially generating rental income from the neighboring unit to help offset the cost of ownership. Investors can take advantage of two units under one roof, creating multiple income streams from a single property. Located in Indianapolis' 46208 area, the property provides convenient access to Downtown Indianapolis and many of the city's major employment, education, entertainment, and redevelopment areas. For the investor, this could be a compelling buy-and-hold opportunity with the ability to generate income from both sides. For the house hacker, it could be the opportunity to stop thinking like a renter and start building a real estate portfolio-beginning with the property you call home. Duplex opportunities offer tremendous flexibility: live in one side and rent the other, rent both units, accommodate extended family while maintaining separate living spaces, or position the property as part of a long-term investment strategy. One property. Two units. Multiple possibilities.
Fully rented and turnkey triplex just north of Downtown Indianapolis, offering an excellent opportunity for investors. The property features three updated units: a 3-bedroom, 2-bath unit, a 2-bedroom, 2-bath unit, and a 2-bedroom, 1-bath unit. Each unit has been remodeled and includes its own laundry, updated heating and cooling, and separate electric and water meters. The property currently generates **$3,955 per month in rental income** and offers convenient parking behind the property. Centrally located with easy access to Downtown Indy, major highways, shopping, dining, and entertainment. A great opportunity to add a turnkey, income-producing property to your portfolio!
Great Duplex investment opportunity located in the Near East area, just off of 10th St. This property houses two units - #1) 4 bed / 1.5 bath & #2) 3 bed / 1 bath. Fully remodeled throughout! Average rentals in the area run $1,300 to over $1,700 a month for 3 and 4 bed units. Updated water heater, flooring, lighting, electrical, bathroom, doors & hardware, and much more. Located near city transit stops, grocery stores, restaurants and more, all within walking distance.
Eight units, all one bed one bath, fully leased and producing $9,170 a month from the closing table. No lease-up, no turn, no waiting. Rents run $1,130 to $1,175 and a quarter of the building already sits at the $1,175 market target, so the in-place number is real and it is supported. Every unit was renovated under current ownership. New flooring, fresh paint, updated fixtures, modern kitchens and bathrooms. Electronic locks on every door, so a turnover is not a rekey project. Seventeen months of seller actuals put operating expenses near $35,300 a year including taxes, insurance, maintenance, trash, pest and internet, which puts net operating income around $74,700 before debt on day one. Shared rear parking gives every tenant a space. Roof, electrical, plumbing and HVAC were all inspected at acquisition and the reports are available. East Washington is drawing real neighborhood investment right now, with quick access to downtown, Fountain Square and Irvington. This is the stabilized half of the block, full, professionally managed, and built to be bought for the income and held. The identical eight-unit next door at 2008 E Washington is also for sale, and the two can be bought together as a 16-unit package. Rent roll, profit and loss, and the full deal package are ready for qualified buyers. Sold as-is.
Eight units, all one bed one bath, on one of the most active corridors in Indianapolis. Six are leased today and bringing in $6,740 a month. The other two are vacant and turn-ready, no renovation required. Lease them at the $1,175 the building next door already gets and this property runs $9,400 a month, or $112,800 a year. That is the entire value-add, and it costs nothing but a lease-up. Every unit was renovated under current ownership. New flooring, fresh paint, updated fixtures, modern kitchens and bathrooms. Electronic locks on every door, so a turnover is not a rekey project. Seventeen months of seller actuals put operating expenses near $27,300 a year including taxes, insurance, maintenance, trash, pest and internet. Filled up, that is a net operating income around $79,900 before debt. Shared rear parking gives every tenant a space. Roof, electrical, plumbing and HVAC were all inspected at acquisition and the reports are available. East Washington is drawing real neighborhood investment right now, with quick access to downtown, Fountain Square and Irvington. You are buying into the path of growth, not chasing it. The identical eight-unit next door at 2012 E Washington is also for sale, and the two can be bought together as a 16-unit package. Rent roll, profit and loss, and the full deal package are ready for qualified buyers. Sold as-is.
This single-level duplex in the Near Eastside is a low-drama cash-flow machine. Two mirror-image units (each 1 bed / 1 bath) sit side by side, each with its own full basement, furnace, and water heater. Electricity is separately metered too, so nobody's fighting over the light bill. Even better: two solid, long-term tenants (3+ years and counting) who happily pay $800 a side. That's a clean $1,600 every month with almost zero heavy lifting on your end. Whether you're adding to an existing portfolio or buying your very first investment property, or even house hacking, this is the kind of place that just works-simple to manage, steady to own, and already performing. Two homes, one roof, one easy income stream.
Investment opportunity: All Brick/Stone wrap duplex in private neighborhood, Imperial Estates. This property features two units (6135 & 6137), each with 2 beds and 1 bath on both side. New laminate hardwood flooring was installed in 2025. Roof age is approximately 10 years old. Long term tenants in both units produce $1800/month in gross rents. This property presents a unique opportunity for those seeking a flexible living solution or an investment in a desirable location.
Discover an incredible investment or live-in opportunity in the heart of Fountain Square with this rare, fully flexible side-by-side duplex where both units feature uncommonly large 1-bedroom, 1-bathroom layouts complete with multiple indoor and outdoor entertaining spots. Ideally positioned just minutes from the neighborhood's vibrant cultural district, trendy local restaurants, and the Cultural Trail, this property is built for maximum versatility-one side is currently vacant and ready for immediate action, while the second side will be vacant by the end of the month, giving you a complete blank slate to set top-of-market rental rates or successfully execute a house-hacking strategy where your neighbor's rent helps pay your mortgage.
Great opportunity in Lawrence with a Move-In Ready duplex that includes new floors, new paint, new A/C units and a New Roof! Currently 1-side rented with an A+ tenant and the other available to be seen. The entire home has Luxury Vinyl Flooring for easy cleaning. There is an ample sized driveway for parking and a storage barn for outdoor lawn equipment or small workshop. Well maintained home inside and out. All utilities separately metered. Each unit is 2 Beds / 1 Full Bath - 672 SqFt.
Rare opportunity to acquire a high-end, all-brick duplex with 30 years of rental history in a highly desirable Indianapolis location. This exceptional property offers approximately 5,470 finished square feet on a 0.53-acre corner lot, with two spacious residential units, extensive parking, detached garage, a 30,000 gallon In Ground Gunite Pool and other outdoor amenities. The property has been continuously rented for 30 years, offering an investor the opportunity to purchase an established income-producing asset with a proven rental track record. The current owners are retiring and selling multiple properties. Seller Financing is not available. Each side features 4 spacious bedrooms and 2.5 bathrooms, hardwood floors throughout, and finished basements. Basements includes additional bedrooms with egress windows and full bathrooms, providing valuable additional living space. The property is offered turn-key, including all Stainless Steel appliances, four refrigerators, and two sets of washers and dryers. This property has been significantly improved with major recent capital updates, enhancing both durability and long-term value: 2025 Capital (Interior / Exterior / Basement) Improvements and updates1) Three fully finished basement bedrooms and 2 full bathrooms 2) Basements completed with drywall, finished ceilings, laminate flooring and egress windows. 3) Pool & Outdoor Enhancements - a) concrete repairs completed b) Decorative blue tile replaced c) Pool surface repainted with professional, pool-grade, blue, epoxy paint d) Installation of custom-fitted pool cover 2026 Exterior Capital Improvements 1) New dimensional, shingle roof installed on house, garage, and shed 2) New 6" gutters installed on house, garage, and shed 3) New Hardi Board siding installed on 5 dormers and other siding areas for improved durability and curb appeal.. Annual Gross Rent is $73,200.00 6209 side is $2800.00 /mo 6211 is $3300.00 / mo.
Rare corner-lot duplex in the heart of Fountain Square! Fully renovated and just steps from restaurants, shops, nightlife, and everything the neighborhood has to offer. The main-level unit features 4 bedrooms, 3 full baths, an open layout, and an updated kitchen with stone countertops and stainless steel appliances. Upstairs offers 2 bedrooms, 1.5 baths, city views, in-unit laundry, and a stylish kitchen with quartz countertops, stainless steel appliances, and a built-in bar top. Each unit has separate utilities, and the property is being sold fully furnished for a truly turnkey opportunity. Outside, enjoy a fully fenced and divided yard, giving each unit its own outdoor space with room for a future deck. Previously operated as a successful Airbnb, this property is ready to house hack, invest, or add to your STR/MTR portfolio!
Unbeatable Fountain Square location! This turnkey, updated AND FULLY OCCUPIED duplex features dual 3-bedroom, 2-bathroom layouts complete with stainless steel appliances, granite counters, fresh interior paint, and custom tile showers. Featuring an oversized 3-car garage for private parking or extra tenant storage, it's a ideal fit for smart house-hackers or investors eyeing solid yield. Steps from Fountain Square's vibrant dining and nightlife scene, and just a short drive to downtown Indianapolis.
Opportunity to house hack or add a fully occupied duplex to your rental portfolio at 1847-1849 E Minnesota St. One unit is currently leased for $700 per month, providing immediate rental income, while the vacant 1847 unit gives a new owner the flexibility to move in and offset their monthly housing costs with rent from the neighboring unit. Investors can also lease the vacant side and operate the property as a traditional income-producing duplex. Whether you're looking to take your first step into real estate investing or expand an existing portfolio, this property offers a flexible opportunity to build equity and generate rental income on Indy's near southeast side.
Looking for an income producing property where you can see Maialina from your front porch? Look no further!!! This beautifully updated duplex in the absolute heart of Fountain Square is ready for its next owner! The 917 side is a 2 bedroom, 1 bathroom updated home with a spacious, open concept first floor layout. The 919 side is a 2 bedroom, 1.5 bathroom home with the same spacious, open concept, just with an additional half bath on the main floor. Over 80k of upgrades over the last few years!! The 919 side currently has a lease in place until end of February 2027 for $1,800 per month. Take owner occupancy of the 917 side and receive immediate income, or rent out the 917 to increase income! Two minute walk to Maialina and Upland! Four minute walk to Bovaconti! You don't want to miss this rare gem of an income producing property in a FANTASTIC location! Sewer line just replaced in May.
Albert Wright Page, License RB14038157, Xome Inc., License RC51300094, [email protected], 844-400-XOME (9663), 4471 North Billman Estates, Shelbyville, IN 46176
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Indianapolis is located in Indiana. Indianapolis, Indiana has a population of 880,104. Indianapolis is less family-centric than the surrounding county with 26.56% of the households containing married families with children. The county average for households married with children is 26.96%.
The median household income in Indianapolis, Indiana is $54,321. The median household income for the surrounding county is $54,601 compared to the national median of $69,021. The median age of people living in Indianapolis is 34.3 years.
The average high temperature in July is 84 degrees, with an average low temperature in January of 19.5 degrees. The average rainfall is approximately 42.4 inches per year, with 21.6 inches of snow per year.
