3934 E 10th Street 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 • 95Y Old

$230,000

3934 E 10th Street

0.13 Acres
Property Description

Investor alert! Don't miss this exceptional opportunity to add a cash-flowing, fully renovated duplex to your rental portfolio. This property features two income-producing units, both approved for Section 8 housing-ensuring consistent rent payments and reduced vacancy risk. The 3-bedroom, 1-bath unit rents for $2,200/month and includes updated finishes, a modern kitchen with stove, refrigerator, and microwave, plus in-unit laundry with a washer and dryer-an attractive feature for long-term tenants. The 2-bedroom, 1-bath unit is leased at $1,500/month and also includes a renovated kitchen with stove and refrigerator. All utilities are paid by the owner, streamlining tenant responsibilities and increasing rental desirability. With a total gross monthly rent of $3,700, this duplex offers immediate income and long-term upside in a growing rental market. This is a true turnkey property with no upfront renovation costs. Whether you're a seasoned investor or just getting started, this property is a smart buy with dependable returns. The tentative move in date for tenants is June 1, 2025.

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Property
MLS # 22034654
Date Listed 2025-04-24
Status Active
Property Type Multi-Family/Apartments
Property SubType Duplex
New Construction No
Style TraditonalAmerican
Type Duplex
Year Taxes Payable 2024
Year Built 1930
Virtual Tour my.matterport.com »
Days on Market 7
Additional
Design TraditonalAmerican
Heating Forced Air
External Features
Construction Duplex
Lot Size 5,800 sq ft
Acreage 0.13 Acres
Fence None
Location
Area Marion
County Marion
Subdivision No Subdivision
Township Center
City Indianapolis
State IN
Zip 46201
Schools
School District Indianapolis Public Schools
Financial
Assoc. Dues $0.00
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MLS# 22034654
Listing Provided Courtesy of Erica Shupert
Redfin Corporation
erica.shupert@redfin.com

Listing updated April 29, 2025 at 5:57 pm
Last checked 9 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 3934 E 10th Street

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.