735 N Bancroft Street, Indianapolis, IN 46201
  • $185,000
  • $185,000

Description

Perfect Addition to Your Rental Portfolio! Well-maintained 1 bedroom / 1 full bathroom per side duplex located in the popular Emerson Heights neighborhood. This turnkey investment offers immediate and stable rental income with long-term tenants already in place. Upon arrival, you’re welcomed by a well-kept lot and inviting front porch areas for each unit to enjoy. Inside, both units feature an open living and dining room layout filled with charm and classic character. The thoughtfully designed kitchens offer functional space and practical flow. Down the hall, each unit includes a full bathroom with a tub/shower combo and a spacious bedroom. The property also includes a 2-car detached garage, with each unit enjoying its own 1-car garage space – a valuable amenity for tenants. Investment Highlights: Unit 733: Leased is MTM at $700/month (tenant in place since 2014). Unit 735: Leased through 4/2027 at $900/month (tenant in place since 2025). With strong rental history, established tenants, and location in a neighborhood known for ongoing growth and appeal, this property is an excellent opportunity to add steady cash flow to your portfolio.

  • Address: 735 N Bancroft Street
  • City: Indianapolis
  • State/county: IN
  • Zip/Postal Code: 46201
  • Area: Emerson Heights

Details

Updated on February 25, 2026 at 10:32 pm
  • Property ID 22085980
  • Price $185,000
  • Land Area 0.15 Acres
  • Garages 2
  • Garage Size x x
  • Year Built 1930
  • Property Type Duplex, Residential Income
  • Property Status Active

Additional details

  • County Marion
  • Property Type Residential Income
  • Parking Detached
  • Middle School H L Harshman Middle School
  • High School Arsenal Technical High School
  • Architectural Style Traditional

Mortgage Calculator

Contact Information

View Listings
Preeti Chaggar

Enquire About This Property

0 Review

Sort by:
Leave a Review

Leave a Review

Compare listings

Compare