$199,000
Welcome to 2805 Boulevard Place - a versatile top/bottom duplex in the rapidly developing Highland Vicinity neighborhood, just minutes from downtown Indianapolis. This area is seeing major growth with the new $4.3 billion IU Health hospital expansion less than 1.5 miles away, plus quick access to Ivy Tech, the Children's Museum, 16 Tech Campus, Marian University, and the downtown IU campus. The location makes this property ideal for long-term, mid-term, or even short-term rentals. Each spacious unit offers 2 bedrooms and 1 bath with roughly 1,480 sq ft of living space. The upper unit is vacant, updated, and move-in or rent-ready, featuring new LVP flooring, a refreshed kitchen, dedicated laundry area, and central heat & AC - perfect for a house hacker or investor seeking immediate income. The lower unit is tenant-occupied at $1,050/month (lease through 5/30/26) and features high ceilings, an open layout, updated bath, and its own laundry. Both units have seen recent improvements including fresh paint, newer appliances, and various maintenance updates. Utilities are currently owner-paid, with tenants reimbursing $200/month. Whether you're an investor expanding your portfolio or an owner-occupant looking to offset your mortgage, this turnkey duplex offers strong cash flow potential in one of Indy's revitalizing neighborhoods.
GPS Friendly
| MLS # | 22067089 |
|---|---|
| Date Listed | 2025-10-17 |
| Status | Active |
| Property Type | Multi-Family/Apartments |
| Property SubType | Duplex |
| New Construction | No |
| Style | Traditional |
| Type | Duplex |
| Basement | Unfinished |
| Year Taxes Payable | 2024 |
| Year Built | 1920 |
| Virtual Tour | indy-realty-pics.aryeo.com » |
| Days on Market | 49 |
| Zoning | D5 |
| Design | Traditional |
|---|---|
| Cooling | Central Air |
| Heating | Electric, Natural Gas, Heat Pump |
| Construction | Duplex |
|---|---|
| Lot Size | 4,008 sq ft |
| Acreage | 0.09 Acres |
| Fence | None |
| Area | Marion |
|---|---|
| County | Marion |
| Subdivision | Fletcher |
| Township | Center |
| City | Indianapolis |
| State | IN |
| Zip | 46208 |
| School District | Indianapolis Public Schools |
|---|
| Assoc. Dues | $0.00 |
|---|
MLS# 22067089
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 Peter Stewart
Keller Williams Indpls Metro N
peter@peterstewartrealty.com
Listing updated October 20, 2025 at 11:30 am
Last checked 15 minutes ago