Turnkey duplex opportunity in Indianapolis with major mechanical updates, strong rental potential, and nearby sales supporting the value 📈
This 1914-built duplex features 3 bedrooms and 1.5 baths per side, with approximately 1,366 sq ft per unit. The property is separately metered and has been well maintained with major updates completed in 2025.
📈 Nearby comparable sales range from $310K to $340K, supporting the property’s value and upside.
✨ Property Condition: Super clean and turnkey with minimal work needed. The basement could benefit from fresh paint, but the property is otherwise in strong condition.
🔧 Property Features:
- Roof — 2025 🏠
- Furnace — 2025 🔥
- A/C — 2025 ❄️
- Water Heater — Newer 🚿
- Vinyl windows 🪟
- Unfinished basement 🧱
- Separately metered ⚡
💵 Strong rental potential at approximately $3,000/month combined
With updated major systems, minimal rehab needs, and strong rental income potential, this duplex offers an attractive opportunity for investors looking for a turnkey addition to their portfolio 🔑💸
Comps:
- 2917 Ruckle St — Sold: $340,000
- 3058 Central Ave — Sold: $310,000
- 3106 N College Ave — Sold: $325,000