IN > Indianapolis > State Square
Indianapolis, IN 46201,422-424 Villa AVE
Indianapolis, IN 46201,422-424 Villa AVE
Indianapolis, IN 46201,422-424 Villa AVE
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Listed by Max Moore • @properties
$215,000
Est. payment /mo
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4,356 Sqft Lot
Pending

422-424 Villa AVE Indianapolis, IN 46201

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Jack Aikin

Jack Aikin

+1(317) 341-1461

UPDATED:

12/27/2024 03:23 PM

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Pending

Purchase Type For Sale

Subdivision State Square

MLS Listing ID 22015383

Year Built 1920

Tax Year 2023

Lot Size 4,356 Sqft

Acres 0.1

Property Description

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!

Location

State IN

County Marion

Interior

Heating No Heating

Cooling None

Fireplace N

Exterior

Roof Type Composition

Building

Story One

Architectural Style Bungalow

Structure Type Vinyl Siding

New Construction false

Schools

School District Indianapolis Public Schools

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Jack Aikin

Agent | RBRB19000475

+1(317) 341-1461

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422-424 Villa AVE

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