**Charming All-Brick Duplex in Prime Location - A Rare Investment Opportunity** Welcome to 3903 Bartlett Avenue, a beautifully maintained duplex nestled on nearly half an acre of lush, tree-lined property. Area market shows a potential monthly rent range of $1050-$1295 per unit. This turn-key ready duplex boasts two identical units, each offering 870 square feet of well-appointed living space, featuring 2 bedrooms and 1 bathroom per unit. Each unit is thoughtfully designed with its own private driveway and carport, along with a convenient storage shed and washer/dryer hookup. Recent renovations in 2023 have elevated this property to modern standards, ensuring comfort and style for tenants and owners alike. Upgrades include: Additional insulation between units for improved soundproofing. Brand new luxury vinyl plank (LVP) flooring throughout. Completely remodeled with contemporary finishes. All new interior and exterior paint for a crisp, updated appearance. New PEX plumbing supply lines, PVC drain pipes and recent replacements of electrical panels and water heaters (within the last 5 years) New ceiling fans, new back entry door on the Bartlett unit (2023), new front entry door on the Pacific unit (2022). A vapor barrier has been installed to enhance the property's longevity. The oversized lot offers ample space for future expansion. Consider adding a garage or accessory building, or explore the potential to split the parcel and develop a separate single-family residence (SFR). The duplex is equipped with separately metered electric and gas utilities, while water and sewer services are currently covered by the owner. Whether you're looking to generate consistent rental income or seeking a home thatoffers additional income potential, this duplex has it all. The Pacific unit is currently leased at $1035/month through March 2025, while the Bartlett unit is vacant and movein ready-perfect for a new tenant or an owner-occupant. Please do not disturb tenants.
The median home value in Indianapolis, IN is $135,200. This is lower than the county median home value of $140,700. The national median home value is $219,700. The average price of homes sold in Indianapolis, IN is $135,200. Approximately 46.36% of Indianapolis homes are owned, compared to 40.52% rented, while 13.13% are vacant. Indianapolis real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Indianapolis real estate agent to arrange a tour today!
Indianapolis, Indiana 46227 has a population of 853,431. Indianapolis 46227 is less family-centric than the surrounding county with 26.35% of the households containing married families with children. The county average for households married with children is 26.59%.
The median household income in Indianapolis, Indiana 46227 is $44,709. The median household income for the surrounding county is $44,869 compared to the national median of $57,652. The median age of people living in Indianapolis 46227 is 34.1 years.
The average high temperature in July is 84 degrees, with an average low temperature in January of 19.9 degrees. The average rainfall is approximately 42.7 inches per year, with 21.9 inches of snow per year.