• Property Type
  • Duplex, Residential Income
  • Sqft
  • Area Size
422-424 Villa Avenue, Indianapolis, IN 46201
  • $215,000
  • $215,000

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!

  • Address: 422-424 Villa Avenue
  • City: Indianapolis
  • State/county: IN
  • Zip/Postal Code: 46201

Details

Updated on February 20, 2025 at 11:41 pm
  • Property ID 22015383
  • Price $215,000
  • Land Area 0.1 Acres
  • Garage Size x x
  • Year Built 1920
  • Property Type Duplex, Residential Income
  • Property Status Closed

Additional details

  • Roof Composition
  • Cooling None
  • Heating No Heating
  • County Marion
  • Property Type Residential Income
  • Architectural Style Bungalow

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Contact Information

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Preeti Chaggar

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