$155,000 $120/sf Earn $3,100
$155,000
Credit Back up to $3,100*
$120.34/sf
Active - House for sale
Type: Duplex (goal: 2/1 per side) Beds/Baths: 4 Beds / 2 Baths Total Size: ~1,288 sqft Lot: 5,053 sqft Year Built: 1925 Occupancy: 50% occupied (1 side rented) Investment Highlights: ?? Current Rent: $800/mo (utilities included) Tenant is willing to increase to $1,200–$1,300 to stay ?? Projected Rents: $1,300/side ($2,600–$3,000/mo total) ??? Rehab Needed: ~$35,000 ?? ARV: $235,000–$304,000 (as a full 4/2 duplex) ?? Recent Work: Garage torn down Goal to convert both units to 2/1 layouts ?? Upside: Long-term tenant already in place Room for rent growth Strong cash flow potential in a desirable Indy area
* School data provided by National Center for Education Statistics, and GreatSchools. Intended for reference only. The GreatSchools Rating is based on a variety of school quality indicators, including test scores, college readiness, and equity data. To verify enrollment eligibility, contact the school or district directly.
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Status: Active
Listed Date: 05/10/2025
Days On Market: 36
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