$325,000
Turnkey income duplex in the heart of the Monon 16 corridor! This 1910 two-story duplex offers two units, each with 2 bedrooms and 1 bathroom, for a total of 4 bedrooms and 2 bathrooms across 1,036 sq ft. Both units are currently occupied with leases in place through 2027, delivering combined monthly rental income of $2,550, a stabilized cash-flowing asset from day one. Unit 1622 features updated kitchen and bathroom flooring, and both units have been freshly painted. In-unit laundry is available on each side. The property sits on a 5,619 sq ft lot with a chain-link fenced yard and on-street parking. Forced-air gas heat and central electric AC keep both units comfortable year-round. Block foundation, brick and wood construction. Location is a major draw: Short distances from the Monon Trail, local restaurants, co-working spaces, schools, and Frank and Judy O'Bannon Old Northside Soccer Park. Great opportunity for an investor to add a stabilized, occupied asset with long-term leases already secured. Schedule showings with advance notice due to current occupancy.
1622 Yandes Street, Indianapolis
Listing courtesy of Resolute Realty.
