926-928 N Leland Avenue, Indianapolis, IN 46219

$124,250

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Sold Price
$124,250
List Price
$140,000
Closing Date
Mar 09, 2026
MLS#
22079677
Days on Market
53
Status
SOLD

Property Description

Investor-ready duplex available as a standalone purchase or together with the identical duplex next door. This property is fully occupied, producing $1,365/month in rent (Unit 926 at $725/month and Unit 928 at $640/month). Tenants pay all utilities, keeping operating expenses low. When purchased with the neighboring duplex, 3 out of 4 total units are currently leased, generating $2,090/month in current rents. Leasing the remaining vacant unit brings total portfolio rents to approximately $2,800/month. Each unit includes an electric range, refrigerator, gas furnace, electric water heater, window units. The property is professionally managed, non-smoking, and pet-free, with an unfinished basement for storage. Tenants handle yard maintenance, with mowing managed. Street parking available.

Additional Information

Foundation
Block
Stories
One
Architecture
Bungalow
Acres
0.14
Heat
Natural Gas
Cooling
Separate Meters
Region
Warren

Listing courtesy of Max Moore. @properties

Selling Office: eXp Realty, LLC.

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Listings courtesy of MIBOR Broker Listing Cooperative as distributed by MLS GRID.


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