429 N Colorado Avenue Indianapolis, IN 46201

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Mike Thomas Associates
9601 Coldwater Road
Fort Wayne, IN 46825
(260) 489-2000
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TraditonalAmerican • 106Y Old

$259,999

429 N Colorado Avenue

0.13 Acres
Property Description

This fully renovated duplex on the east side of Indianapolis offers an incredible opportunity for both investors and homeowners looking to offset their mortgage. With both sides vacant and ready to rent, you can move into one side and start collecting rent from the other immediately. Each unit features 2 beds, 1 bath and has been fully renovated in 2022, so there's no work needed-just move in or rent out for instant income. The property boasts brand-new LVP flooring throughout, providing a sleek, durable, and low-maintenance option for both owners and tenants. Located in a prime area close to local amenities, schools, parks, and public transport, this property is perfectly situated for easy living and rental demand. Whether you're looking to live in one unit and rent out the other or add a well-maintained, income-generating asset to your portfolio, this duplex is a fantastic value that you won't want to miss.

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Property
MLS # 22031189
Date Listed 2025-04-09
Status Active
Property Type Multi-Family/Apartments
Property SubType Duplex
New Construction No
Style TraditonalAmerican
Type Duplex
Year Taxes Payable 2024
Year Built 1919
Days on Market 36
Additional
Design TraditonalAmerican
External Features
Construction Duplex
Lot Size 5,576 sq ft
Acreage 0.13 Acres
Fence None
Location
Area Marion
County Marion
Subdivision Tuxedo Park
Township Center
City Indianapolis
State IN
Zip 46201
Schools
School District Indianapolis Public Schools
Financial
Assoc. Dues $0.00
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MLS# 22031189
Listing Provided Courtesy of Tyler Lingle
@properties
tyler@tylerlingle.com

Listing updated April 28, 2025 at 3:54 pm
Last checked 4 minutes ago

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.

Learn More About 429 N Colorado Avenue

Presented By
Mike Thomas Associates
9601 Coldwater Road
Fort Wayne, IN 46825
(260) 489-2000
Email
Agent to Contact

By clicking "Message Agent", you agree to be contacted by Sarah Hubley about your request. Please see our Privacy Policy.