422-424 Villa Avenue
$215,000
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Description
Attention Investors! Discover a prime investment opportunity with this beautifully renovated duplex near downtown Indianapolis. Each unit features 1 bedroom and 1 bathroom, providing excellent potential for strong rental income. Both units are currently leased, with tenants paying $1,300 per month each, generating a total gross income of $2,600 per month. This duplex has been fully updated with durable LVP flooring, stylish butcher block countertops, modern bathroom finishes, and more. The charming...Attention Investors! Discover a prime investment opportunity with this beautifully renovated duplex near downtown Indianapolis. Each unit features 1 bedroom and 1 bathroom, providing excellent potential for strong rental income. Both units are currently leased, with tenants paying $1,300 per month each, generating a total gross income of $2,600 per month. This duplex has been fully updated with durable LVP flooring, stylish butcher block countertops, modern bathroom finishes, and more. The charming front porch adds to the property's curb appeal, while its close proximity to downtown attractions makes it highly desirable for tenants seeking vibrant city living. Owner-paid utilities range from $125-$165 per side, keeping overhead manageable. Whether you're looking to add a turnkey, high-cash-flow property to your portfolio or secure a long-term income-generating asset, this duplex is a fantastic opportunity you won't want to miss!
- Listed by Max Moore • @properties • max@atpropertiesind.com
- Listed by Kyle Hoffman • @properties
Property Details for 422-424 Villa Avenue
Architectural Style
Bungalow
Subdivision NameState Square
TownshipCenter
LISTING UPDATED: 12/19/2024 05:44 PM
Property Details for 422-424 Villa Avenue
Status | Active |
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MLS # | 22015383 |
Days on Market | 2 |
Taxes | $664 semi-annually |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income / Duplex |
Year Built | 1920 |
Lot Size | 0.10 AC / 4,356 SF |
County | Marion County |
Building Information for 422-424 Villa Avenue
Stories-Residences2Year Built1920Building Size-Lot Size0.10 AC / 4,356 SF
Property Information for 422-424 Villa Avenue
Property History for 422-424 Villa Avenue
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Schools near 422-424 Villa Avenue
This home is within Indianapolis Public Schools.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | PK to 6 | |||
Public - | 7 to 8 | |||
Public - | 9 to 12 | |||
Public - | 9 to 12 |
Rating | School | Distance |
---|---|---|
Washington Irving School 14 PublicPK to 6 | ||
HW Longfellow Med/STEM Magnet Midl Public7 to 8 | ||
Arsenal Technical High School Public9 to 12 | ||
George Washington Community High School (9-12) Public9 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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