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Listed by Max Moore • @properties
$ 215,000
Est. payment /mo
Pending
422-424 Villa AVE Indianapolis, IN 46201
4,356 Sqft Lot
UPDATED:
12/27/2024 03:23 PM
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Pending
Purchase Type For Sale
Subdivision State Square
MLS Listing ID 22015383
Year Built 1920
Tax Year 2023
Lot Size 4,356 Sqft
Acres 0.1
Property Description
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!
Location
State IN
County Marion
Interior
Heating No Heating
Cooling None
Fireplace N
Exterior
Roof Type Composition
Building
Story One
Architectural Style Bungalow
Structure Type Vinyl Siding
New Construction false
Schools
School District Indianapolis Public Schools
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