126-128 N Colorado Avenue, Indianapolis, IN 46201

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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

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.

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

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
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Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of @properties. Selling Office: Go Fish Realty.

Information Deemed Reliable But Not Guaranteed. © 2026 MIBOR Broker Listing Cooperative