38 Hendricks Place
Indianapolis, IN 46201
0.09 acres | #22042240

Description
Great Investment Opportunity Near Eastside Downtown Indianapolis! Don't miss this fantastic duplex just minutes from downtown. Each side features 2 bedrooms and 2 bathrooms making it ideal for an owner-occupant looking to live in one unit and rent the other, or for an investor seeking strong cash flow with dual rental income. One side is currently tenant-occupied, generating $1,500 per month in rent, providing immediate income potential. The property also includes smart home features, including a smart TV, smart lighting and smart door locks, and more adding modern convenience and appeal for both tenants and owners. Recent updates include a newer roof (3 years old), updated plumbing, updated electrical, updated paint, flooring, light fixtures and a covered carport with a roll-up garage door for secure off-street parking. Conveniently located near downtown Indianapolis with easy access to major interstates, this property offers a perfect blend of location, updates, and investment potential. Whether you're house hunting or expanding your rental portfolio, this is a must-see opportunity!
Property Details
- Lot DescriptionAccess, Not In Subdivision, Sidewalks
- Exterior MaterialsSmart Light(s), Smart Lock(s)
- School DistrictIndianapolis Public Schools
- BasementEgress Window(s), Finished
- Property ConditionUpdated/Remodeled
- SubdivisionState Plaza
- Property TypePurchase
- Original List Price$380,000
- MLS #22042240
- MLS #22042240
- CountyMarion
- Cost380000
- Property SubtypeDuplex
- Structure TypeDuplex
- FoundationBlock
- Acres0.09
- Year Built1927
Location
Legal
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Last Updated:Â . Source: MIBOR
Listing Courtesy
Listing Agent: Lorie Blythe (#MBR40920)
Listing Office: The Stewart Home Group (#MBRTSHG02)

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