1622 Yandes Street, Indianapolis, IN 46202
- $325,000
- List Price
- $325,000
- MLS#
- 22117323
- Days on Market
- 5
- Status
- ACTIVE
Property Description
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.
Additional Information
- Basement
- Cellar, Unfinished, Walk-Out Access
- Foundation
- Block
- Stories
- Two
- Architecture
- Traditional
- Equipment
- None
- Exterior Amenities
- Not Applicable
- Acres
- 0.13
- Heat
- Forced Air, Natural Gas
- Cooling
- Central Air
- Region
- Center
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Listing courtesy of Resolute Realty.
Information Deemed Reliable But Not Guaranteed. © 2026 MIBOR Broker Listing Cooperative