$215,000
Pending

422-424 Villa Avenue

Indianapolis, IN 46201
Listing Office@properties
Browse 10 photos
Type:Purchase
Structure:2 Family
Zone:Residential

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!

  • Property Details
      • School DistrictIndianapolis Public Schools
      • SubdivisionState Square
      • Property TypePurchase
      • Original List Price$215,000
      • MLS #22015383
      • MLS #22015383
      • CountyMarion
      • Cost215000
      • Property SubtypeDuplex
      • Structure TypeDuplex
      • Year Built1920
      • Acres0.1

Location

Bernie GoodmanGoodman Group
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
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Loan Amount
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