4918 E New York Street, Indianapolis, IN 46201
- $170,000
- $170,000
- $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
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Address: 4918 E New York 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 August 6, 2025 at 10:05 pm-
Property ID 22037439
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Price $170,000
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Land Area 0.14 Acres
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Garage Size x x
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Year Built 1920
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Property Type Duplex, Residential Income
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Property Status Withdrawn
Additional details
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County Marion
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Property Type Residential Income
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