REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Listed by Lorie Blythe • The Stewart Home Group
$ 380,000
Est. payment | /mo
3,920 Sqft Lot
$ 380,000
Est. payment | /mo
3,920 Sqft Lot
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Subdivision State Plaza
MLS Listing ID 22042240
Year Built 1927
Tax Year 2024
Lot Size 3,920 Sqft
Acres 0.09
Property Sub-Type Duplex
Property Description
Great Investment Opportunity Near Eastside Downtown Indianapolis! Don't miss this fantastic duplex just minutes from downtown. Each side features 2 bedrooms and 2 bathrooms making it ideal for an owner-occupant looking to live in one unit and rent the other, or for an investor seeking strong cash flow with dual rental income. One side is currently tenant-occupied, generating $1,500 per month in rent, providing immediate income potential. The property also includes smart home features, including a smart TV, smart lighting and smart door locks, and more adding modern convenience and appeal for both tenants and owners. Recent updates include a newer roof (3 years old), updated plumbing, updated electrical, updated paint, flooring, light fixtures and a covered carport with a roll-up garage door for secure off-street parking. Conveniently located near downtown Indianapolis with easy access to major interstates, this property offers a perfect blend of location, updates, and investment potential. Whether you're house hunting or expanding your rental portfolio, this is a must-see opportunity!
Location
State IN
County Marion
Zoning Multi
Rooms
Basement Egress Window(s), Finished
Interior
Fireplace N
Exterior
Exterior Feature Smart Light(s), Smart Lock(s)
Roof Type Asphalt
Building
Story Two
Foundation Block
New Construction false
Schools
School District Indianapolis Public Schools
© 2025 Listings courtesy of MIBOR as distributed by MLS GRID. All Rights Reserved.
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "