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126-128 N Colorado Avenue, Indianapolis, IN 46201

$290,000
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Sold Price
$290,000
List Price
$314,900
Closing Date
May 18, 2026
MLS#
22089377
Days on Market
63
Status
SOLD
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Property Description

FANTASTIC turnkey duplex in Indianapolis offering immediate income potential for investors or an ideal opportunity for owner-occupants looking to offset their mortgage. Each unit of this well-maintained property features 3 bedrooms and 2 full bathrooms, a open concept main level layout, and strong rental appeal. One unit is currently occupied at $1,669 per month while the other unit is vacant and ready to be rented or moved into. Both units offer comfortable living spaces with generous natural light, practical floor plans, and ample storage, making them attractive to long-term tenants. The property has been well cared for and ready to rent, allowing the next owner to step right into a cash-flowing investment without the need for major renovations. Whether you're expanding your rental portfolio or looking for a house hack opportunity, this income-producing duplex delivers a solid combination of location, stability, and investment potential.

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Additional Information

Tenant Pays
All Utilities
Foundation
Crawl Space
Stories
Two
Architecture
Traditional
Acres
0.12
Heat
Forced Air
Cooling
Central Air
Financing
Conventional, FHA, VA
Region
Center
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Listing courtesy of Trent Kiester. @properties

Selling Office: Go Fish Realty.

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


Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker of MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some listings have been excluded from this website.