4918 E New York Street, Indianapolis, IN 46201
  • $170,000
  • $170,000

Description

Step into this classic 3-bed, 1-bath duplex and let your investment go to work from day one. One side is rented for $880/month to a dream tenant – the kind who built a backyard deck, planted flowers, keeps the yard pristine, and even takes care of small repairs himself. The other side is vacant, cleaned out, and ready for a cosmetic refresh. Original hardwoods are already exposed, and the layout is solid. Capital expenditures? No problem – electrical, HVAC, and water heater have all been updated, giving you a strong foundation to build on. With light cosmetic updates, rents could easily land in the $1,100-$1,250+ range per side. A clean value-add opportunity in a growing pocket of Indy with income on day one and upside on the horizon.

  • Address: 4918 E New York Street
  • City: Indianapolis
  • State/county: IN
  • Zip/Postal Code: 46201

Details

Updated on August 6, 2025 at 10:05 pm
  • Property ID 22037439
  • Price $170,000
  • Land Area 0.14 Acres
  • Garage Size x x
  • Year Built 1920
  • Property Type Duplex, Residential Income
  • Property Status Withdrawn

Additional details

  • County Marion
  • Property Type Residential Income

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Contact Information

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Preeti Chaggar

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