$215,000
422-424 Villa Avenue
Attention Investors! Discover a prime investment opportunity with this beautifully renovated duplex near downtown Indianapolis. Each unit features 1 bedroom and 1 bathroom, providing excellent potential for strong rental income. Both units are currently leased, with tenants paying $1,300 per month each, generating a total gross income of $2,600 per month. This duplex has been fully updated with durable LVP flooring, stylish butcher block countertops, modern bathroom finishes, and more. The charming front porch adds to the property's curb appeal, while its close proximity to downtown attractions makes it highly desirable for tenants seeking vibrant city living. Owner-paid utilities range from $125-$165 per side, keeping overhead manageable. Whether you're looking to add a turnkey, high-cash-flow property to your portfolio or secure a long-term income-generating asset, this duplex is a fantastic opportunity you won't want to miss!
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Map to 422-424 Villa Avenue, Indianapolis, IN 46201
MLS #
22015383
Date Listed
2024-12-18
Status
Active
Property Type
Multi-Family/Apartments
Property SubType
Duplex
New Construction
No
Style
Bungalow
Type
Duplex
Year Taxes Payable
2023
Year Built
1920
Days on Market
5
Additional
Design
Bungalow
Cooling
None
Heating
No Heating
External Features
Construction
Duplex
Lot Size
4,443 sq ft
Acreage
0.10 Acres
Fence
None
Location
Area
Marion
County
Marion
Subdivision
State Square
Township
Center
City
Indianapolis
State
IN
Zip
46201
Schools
School District
Indianapolis Public Schools
Financial
Assoc. Dues
$0.00
| MLS # | 22015383 |
|---|---|
| Date Listed | 2024-12-18 |
| Status | Active |
| Property Type | Multi-Family/Apartments |
| Property SubType | Duplex |
| New Construction | No |
| Style | Bungalow |
| Type | Duplex |
| Year Taxes Payable | 2023 |
| Year Built | 1920 |
| Days on Market | 5 |
| Design | Bungalow |
|---|---|
| Cooling | None |
| Heating | No Heating |
| Construction | Duplex |
|---|---|
| Lot Size | 4,443 sq ft |
| Acreage | 0.10 Acres |
| Fence | None |
| Area | Marion |
|---|---|
| County | Marion |
| Subdivision | State Square |
| Township | Center |
| City | Indianapolis |
| State | IN |
| Zip | 46201 |
| School District | Indianapolis Public Schools |
|---|
| Assoc. Dues | $0.00 |
|---|
MLS# 22015383
IDX information provided by the MIBOR REALTOR® Association.
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.
Listing Provided Courtesy of Max Moore
@properties
max@atpropertiesind.com
Listing updated December 21, 2024 at 4:45 pm
Last checked 20 minutes ago
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