$165,995
4614 E 16th Street
Attention all investors, take a look at this affordable cash flow duplex! Experienced investors as well as newer ones often reference the "ONE PERCENT RULE" for analyzing investments. Those properties are true unicorns. Well, you have just found one! Pro forma gross revenue $1750, which means this property may easily be valued at $175,000. Don't pass this rare gem! You are good to go, both sides are currently rented! Great location, close to shopping, dining, transportation, interstate and all that downtown has to offer!
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Map to 4614 E 16th Street, Indianapolis, IN 46201
MLS #
22063312
Date Listed
2025-09-17
Status
Active
Property Type
Multi-Family/Apartments
Property SubType
Duplex
New Construction
No
Style
Bungalow
Type
Duplex
Basement
Unfinished
Year Taxes Payable
2024
Year Built
1958
Days on Market
80
Additional
Design
Bungalow
External Features
Construction
Duplex
Lot Size
5,489 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
| MLS # | 22063312 |
|---|---|
| Date Listed | 2025-09-17 |
| Status | Active |
| Property Type | Multi-Family/Apartments |
| Property SubType | Duplex |
| New Construction | No |
| Style | Bungalow |
| Type | Duplex |
| Basement | Unfinished |
| Year Taxes Payable | 2024 |
| Year Built | 1958 |
| Days on Market | 80 |
| Design | Bungalow |
|---|
| Construction | Duplex |
|---|---|
| Lot Size | 5,489 sq ft |
| Acreage | 0.13 Acres |
| Fence | None |
| Area | Marion |
|---|---|
| County | Marion |
| Subdivision | No Subdivision |
| Township | Center |
| City | Indianapolis |
| State | IN |
| Zip | 46201 |
| School District | Indianapolis Public Schools |
|---|
| Assoc. Dues | $0.00 |
|---|
MLS# 22063312
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 Julie Gibbs
F.C. Tucker Company
jgjuliegibbs@gmail.com
Listing updated September 19, 2025 at 8:24 am
Last checked 11 minutes ago
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