2918 Jackson Street, Indianapolis, IN 46222

Beautiful 5 plex. One of the units is a detached structure with 3 bedrooms and 2 full baths in which the tenants pay all utilities. Zoned D8 but restricted to 5 units. Excellent condition with all rents guaranteed by Indy Health. Newer roof, siding, furnace, ac units, electrical, and plumbing. Property sits 1000 feet from Christel Dehaan new development. With 5% vacancy and $3000 allowed for yearly repairs, cap rate is 12%.