516 N Dearborn Street, Indianapolis, IN 46201
- $269,000
- $273,000
- $269,000
- $273,000
Description
Fully rented duplex investment opportunity! This updated duplex features two spacious 3-bedroom, 1-bathroom units, each thoughtfully upgraded for modern living. Both units boast renovated kitchens and bathrooms, luxury vinyl plank (LVP) flooring, and new furnaces. Tenants appreciate the private yards and off-street parking. This property is an income generator with long-term tenants already in place. Unit 516 is currently rented at $1,100 per month through 11/30/2025, while Unit 518 brings in $1,275 per month through 08/01/26 -providing a combined monthly rental income of $2,375. Whether you’re a seasoned investor or just starting your portfolio, this duplex offers immediate cash flow and peace of mind with quality upgrades throughout. Don’t miss your chance to own this ready-to-go property!
Address
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Address: 516 N Dearborn Street
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City: Indianapolis
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State/county: IN
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Zip/Postal Code: 46201
Details
Updated on September 10, 2025 at 10:02 pm-
Property ID 22032011
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Price $269,000
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Land Area 0.1 Acres
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Garage Size x x
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Year Built 1900
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Property Type Duplex, Residential Income
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Property Status Expired
Additional details
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Roof Shingle
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Cooling None
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Heating Forced Air,Natural Gas
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County Marion
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Property Type Residential Income
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Parking None
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