Open House 22 Dec 24

$215,000

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422-424 Villa Avenue Indianapolis, IN, United States 46201

Attention Investors! Discover a prime investment opportunity with this beautifully renovated duplex near downtown Indianapolis. Each unit features 1 bedroom and 1 bathroom, providing excellent potential for strong rental income. Both units are currently leased, with tenants paying $1,300 per month each, generating a total gross income of $2,600 per month. This duplex has been fully updated with durable LVP flooring, stylish butcher block countertops, modern bathroom finishes, and more. The charming front porch adds to the property's curb appeal, while its close proximity to downtown attractions makes it highly desirable for tenants seeking vibrant city living. Owner-paid utilities range from $125-$165 per side, keeping overhead manageable. Whether you're looking to add a turnkey, high-cash-flow property to your portfolio or secure a long-term income-generating asset, this duplex is a fantastic opportunity you won't want to miss!

Amenities

  • Bedrooms: 0
  • Full Bathrooms: 0
  • Partial Bathrooms: 0
  • Property Type: Residential Multi Family
  • Architectural Style: Bungalow
  • Year Built: 1920
  • Built in 1920
  • Home size: 0 ft2 / 0.00 m2
  • MLS: 22015383
  • Status: Active
Copyright © 2024 MIBOR Service Corporation. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Property brokered by

@properties Indianapolis

(317) 489-3441

Get more listing details on brokerage site

Presented by Max Moore

  • (317) 489-3441 (Office Phone)

Contact Max Moore

Contact Agent

Open House

  • Sunday - 22 Dec 2411:00 - 01:00

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