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Listed by Tasheana Hanza • Hanza Realty, LLC
$ 190,000
Est. payment | /mo
5,227 Sqft Lot
$ 190,000
Est. payment | /mo
5,227 Sqft Lot
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Pending
Purchase Type For Sale
Subdivision C E Shovers
MLS Listing ID 22112123
Year Built 1920
Tax Year 2024
Lot Size 5,227 Sqft
Acres 0.12
Property Sub-Type Duplex
Property Description
Fantastic investment opportunity with proven stability! This charming Spanish-style duplex has been professionally managed for the past seven years and has a strong rental history. One resident has happily called the property home for approximately six years, while the second unit is leased and welcoming a new resident soon. Each unit offers 1 bedroom, 1 bathroom, inviting front porches full of character, and timeless architectural details that make this property stand out. Current rents are $815 and $895 per month, providing immediate income with established tenancy. Located just minutes from the exciting redevelopment around 40th & Boulevard, you'll enjoy convenient access to some of the area's favorite local destinations, including Gather 22, boutique shopping, coffee shops, breweries, and a growing collection of neighborhood restaurants and entertainment. The continued investment in the surrounding area makes this an attractive opportunity for both seasoned and first-time investors. Whether you're looking to expand your portfolio or purchase your first income-producing property, this well-maintained duplex offers charm, consistent occupancy, and a location that continues to grow in popularity.
Location
State IN
County Marion
Rooms
Basement Daylight, Storage Space
Interior
Fireplace N
Exterior
Roof Type Flat
Building
Story One
Architectural Style Spanish
Structure Type Stucco
New Construction false
Schools
School District Indianapolis Public Schools
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