Indianapolis IN Multi Family for Sale

ADDITIONAL INFORMATION

This move-in ready duplex, located in a highly convenient area of Indianapolis, is an excellent investment opportunity. The larger unit features 3 bedrooms, 1.5 bathrooms, a cozy wood-burning fireplace, hardwood floors, and includes all appliances. The second unit offers 2 bedrooms, 1.5 bathrooms, and also has a wood-burning fireplace. Both units share access to a detached two-car garage, and the property sits on a spacious one-acre lot. While some exterior work is needed, it is still a great option for an investor or a buyer looking to live in one unit and rent out the other.

ADDITIONAL INFORMATION

Back on the market and waiting for you due to buyer financing.This beautifully maintained duplex is in immaculate condition. Ready to be owner occupied. Area market shows a potential monthly rent range of $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: SS appliances, 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 move in ready-perfect for a new tenant or an owner-occupant. Please do not disturb tenants.

ADDITIONAL INFORMATION

Conveniently located, fully updated duplex just minutes from downtown Indianapolis! Both sides feature 3 bedrooms, 1.5 bathrooms, in-unit laundry, well appointed kitchen with stainless appliances and granite counters, comfy living room with neutral paint and LVP flooring, updated bathrooms with custom tile surrounds and a fenced in backyard and large front porch. One side (unit 25) is fully furnished and perfect for an Airbnb or for a traveling nurse. All furnishings are negotiable. The other side (unit 27) is newly vacant and is either waiting for it's new tenant or the perfect spot for you to move in and occupy. Both units are viewable with easy showing.

ADDITIONAL INFORMATION

The most affordable way to buy an investment - purchase this duplex and let the tenant in 1926B pay the bulk of the mortgage...possibly live in 1926A or use for short term rental income! House-hackers -- Seller will buy down your rate for a WIN-WIN! COMPLETELY Renovated down to the studs in 2021. High end homes surround this duplex and you can easily get to great amenities like the Bottleworks District, Mass Ave, downtown Indy - or even walk to West Fork Whiskey Distillery, Scarlet Lane Gastropub & the popular Monon Trail (running/walking/cycling trail). 1926B currently pays $2400 in rent. Both units have 9 ft +/- ceilings, stylish kitchens, granite tops, stainless steel appliances and updated bathrooms. Great natural light. Off street parking in rear. Potential for even more upside if used as an Air BnB or VRBO!

ADDITIONAL INFORMATION

Great opportunity to acquire a duplex in Broad Ripple, a top desired location for young professionals moving to Indy. Both units have been completely renovated, with beautiful quarts counter tops, new shaker cabinets, new high end appliances and each their own gas FIREPLACE. Bathrooms are brand new, new electrical wiring, new plumbing, and new flooring. One unit has Closet Concepts done in both bedrooms. Each unit is 2 bdrm, 2 ba, with kitchen/family room and basement with their OWN w/washer & Dryer. There is a 2 car garage, that is rented to one of the tenants for $300 monthly. Current rental for the 2 units is $4350 mo (because it is rented to family friends), but easily verify market rent of $2500 or more per UNIT/mo. The units have a strong rental history and low vacancy rates. Both units are rented until April 30, 2025. Proximity to the IndyGo Red Line strengthens the desire for renters. Home was considered in a flood zone when seller bought, but now believe the flood zone has been lifted. The last two owners chose not to have flood insurance. It is up to buyer to confirm if insurance is needed. This home is being sold as one unit (although two separate units). Because units are rented, 48 hrs notice is required for showing. Don't miss this rare opportunity!

ADDITIONAL INFORMATION

Investors alert! Rare opportunity for investors! Add this property to your portfolio today! This property is a quadruplex! A perfect blend of comfort and convenience. This four unit offers distinct features that make it a delightful living space. The property boast 1 two bedroom one bath unit, 1 one bedroom with den and one bath (lower level units) and 2 one bedroom one bath ( upper units) . This property is 75% occupied and generates great income! Seller Financing option is available when agreed to financing terms and conditions are met.

ADDITIONAL INFORMATION

Excellent investment opportunity on the Near Eastside. This duplex contains one bedroom, one bathroom, living room, and kitchen on each side. North unit is currently rented, but the South unit is vacant and can be shown. Arrangements will be made to view North side with tenants authorization upon second showing. Property being sold as-is.

ADDITIONAL INFORMATION

Excellent Investment Opportunity: Seize the opportunity to invest in this updated and well-maintained duplex situated in the vibrant Tuxedo Park neighborhood on Indianapolis' east side. Each unit offers 2 bedrooms, 1 bathroom, and 1,213 square feet of comfortable living space. Enjoy immediate rental income as both units are currently tenant occupied, providing steady cash flow from day one. Benefit from the property's proximity to local amenities, transportation, and community features that enhance its rental appeal. This property is professionally managed, and comprehensive property management services are available to the new owner. With strong investor activity in the area, this property promises immediate cash flow and future appreciation. Don't miss out on this great investment opportunity!

ADDITIONAL INFORMATION

1st time investor or experienced investors dream. All of the major component's of these properties have already been replaced, Roofing, water heaters, HVAC's serviced, etc. New toilets, fixtures and appliances purchased in the last 12 months. Currently 4 of the units are rented and the other 2 are pending application approval. Leases are currently at various expiration dates. Current tenants are willing to extend leases. Don't miss this amazing opportunity to invest and start getting immediate positive ROI. Call Today!!!

ADDITIONAL INFORMATION

1st time investor or experienced investors dream. All of the major component's of these properties have already been replaced, Roofing, water heaters, HVAC's serviced, etc. New toilets, fixtures and appliances purchased in the last 12 months. Currently 4 of the units are rented and the other 2 are pending application approval. Leases are currently at various expiration dates. Current tenants are willing to extend leases. Don't miss this amazing opportunity to invest and start getting immediate positive ROI. Call Today!!!

ADDITIONAL INFORMATION

1st time investor or experienced investors dream. All of the major component's of these properties have already been replaced, Roofing, water heaters, HVAC's serviced, etc. New toilets, fixtures and appliances purchased in the last 12 months. Currently 4 of the units are rented and the other 2 are pending application approval. Leases are currently at various expiration dates. Current tenants are willing to extend leases. Don't miss this amazing opportunity to invest and start getting immediate positive ROI. Call Today!!!

ADDITIONAL INFORMATION

Investor's Gem or Perfect House-Hack in Christian Park! Step into this exceptional duplex, located in the desirable Christian Park neighborhood on the near eastside, just a 10-minute drive from downtown Indianapolis. Both units were thoughtfully updated in 2023, and the roof was replaced in 2022, ensuring peace of mind for years to come. The vacant unit is move-in ready, offering an ideal opportunity for an owner-occupant or a new tenant. The other unit is tenant-occupied, bringing in $850 per month (exp 5/30/25). With tenants paying all utilities, the property is designed for optimal cash flow. Given the updated condition and prime location, hitting or exceeding the 1% rule should be no problem. The mirror-image units are spacious and modern, and both have laundry hookups and central heat/air, appealing to renters and owners alike. Currently under professional management, the new owner has the option to retain these services for a seamless transition, making this property an easy and profitable addition to any portfolio. Don't miss out on this incredible opportunity to invest in a turnkey property with immediate income potential. Schedule your showing today!

ADDITIONAL INFORMATION

3 bed per side duplex with 1.5 baths on one side and 1 on the other. Each side is over 1300 sq ft of living space. Beautiful hardwood floors. Each side an a fully enclosed porch for extra living space. The is a detached one car garage that can be allocated to either unit or could be an additional income source. One side is vacant and the other has a long term tenant on month to month lease.

ADDITIONAL INFORMATION

Investor's Dream Duplex Near Downtown Indy, generating $2600 in passive income monthly!! Welcome to this fantastic investment opportunity in the heart of Indianapolis! This duplex is located close to downtown, offering convenience and city living. Each side of this property features 3 bedrooms and 1.5 baths, providing large and comfortable living spaces for the tenants. The duplex offers several attractive features for investors, including newer HVAC systems, newer windows that ensure efficiency and tenant comfort year-round. Recently updated kitchens showcase new flooring, modern appliances, while the bathrooms have been also renovated to appeal to any and all tenants expectations. The exterior and interiors have been freshly painted within the last few years, newer flooring in several rooms that enhances the overall appeal and upkeep of the property. For added peace of mind, this property has been inspected and approved by the City/State, ensuring it meets all safety and habitability standards necessary for hassle-free renting. Both sides of the duplex are currently leased, with reliable tenants who have expressed interest in continuing their occupancy, providing immediate rental income for the new owner. With its great location near downtown Indianapolis, this duplex presents a great opportunity for savvy investors looking to capitalize on a thriving rental market. Whether you're looking to expand your investment portfolio or start anew, this property offers a solid foundation for long-term rental income and growth potential. Don't miss out on this great investment opportunity! Schedule your showing today and seize this lucrative opportunity to invest in Indianapolis Real Estate!

ADDITIONAL INFORMATION

Calling all Investors. Investment opportunity in Tuxedo Park. Home is a renovation project and being sold as-is. Home is in Short Sale. Property is a duplex that has been parceled into 2 condominiums. Both units are being sold together.

ADDITIONAL INFORMATION

ADDITIONAL INFORMATION

This tenant-occupied Tuxedo Park duplex has been tastefully updated, and is ready for its new owner! Each side includes a spacious living room, formal dining area, large kitchen, and upstairs has two bedrooms and a full bathroom! As of right now, total rental income for both sides is around $1,750/mo. However, rents have been steadily increasing in the area, so the next tenant turn means it's time for a rent increase! This property is being sold as a part of a 16 unit portfolio. Portfolio BLC numbers are: 21981814, 21981810, 21981802, 21981820, 21981817, 21981809, 21981807, 21981816, 21981806, 21981800, 21981811, 21981796, 21981813, 21981818, 21984186, 21981803. The portfolio has been valued at over 3.5 million. The seller is willing to accept an offer of $3,000,000 for the entire portfolio!

ADDITIONAL INFORMATION

The marvelously updated Bates-Hendricks duplex is an investor's dream! Each side has 3 bedrooms and 2.5 bathrooms, allowing you to maximize rents and get a great return on your investment! As it stands, this property is bringing in over $3000/month. However, rent estimation websites indicate the average rent for a home this size in the area is $1900 (per-side), so there may be an instant opportunity to improve ROI! This property has been gutted to the studs and will have your tenants proud to call it home! This property is being sold with a larger portfolio with the blc numbers: 21981814, 21981810, 21981802, 21981820, 21981817, 21981809, 21981807, 21981816, 21981806, 21981800, 21981811, 21981796, 21981813, 21981818, 21984186, 21981803. The portfolio is valued at over 3.5 million. The seller is willing to accept an offer of $3,000,000 for the entire portfolio!

ADDITIONAL INFORMATION

Seller Financing Available: Proposed Terms: Loan Amount $203,745, Monthly Payment $1,221.55, Interest Rate 6%, 5 year term. EMD $1,500 non refundable submitted first day of acceptance of a purchase sales agreement. Property foundation inspection report on file. Price is reflective to discount original asking price to account for the foundation repairs. Discover Indy Old Southside Location Proposed use for Airbnb less than 1 mile from Lucas Oil Stadium. 1/2 Mile from Eli Lilly Corporate Offices. 2 miles from White River Gardens Concert Venue. 1 mile from Indiana Convention Center. 2.5 miles from IU Health Hospital and Riley Children's Hospital. 3 miles from Eskenazi Hospital. 1/2 mile access to Interstate 70. 10 miles or 15 minutes from Indianapolis International Airport. Airbnb Rental Ranges: from $36 per night to $187 per night in the Winter Season. This 7 bedroom, 4 bathroom, 2 kitchen, 2 Laundry single family home is currently classified under class 419 Other Com Housing in Public Records. There are 3BR, 2 full BA downstairs; 4BR, 2 full BA upstairs. No current leases in place. The property comes equipped with Central Air (new 2020), 2 water heaters (new 2020), heat pump (new 2020), newly insulated exterior walls. Painted with new flooring (2022). All furniture stays with the property. Property being sold as-is, furniture included. HIT Man solution foundation repair work estimate on file. Property currently occupied with a caretaker that cleans and maintains the site (no lease in place).

ADDITIONAL INFORMATION

SPRINGDALE DUPLEX Nestled among the mature trees, this up-down duplex offers 4 beds/2.5 one unit on the main and upper floor and 1 bed/1bath basement for the other unit! This has THREE parcels including the duplex, a vacant lot, and a three car garage with extra lot space! This fully-fenced in the yard will make you feel like you are in your own little oasis! With 10' ceilings on the main floor, the natural light flows throughout! The primary bedroom is on the main floor with renovated ensuite bathroom and a tranquil deck. Another spacious bedroom is adjacent to the flex room with beautiful stained glass windows. The second floor offers two bedrooms with a spacious second living space and a full bathroom. The basement offers a full kitchen, bathroom, living room and bedroom - separate entrance! Minutes away from Spades Park, Circle City Industrial Complex, Mayfair Taproom, Rabble Coffee, 8th Day Distillery, Bottleworks, Monon Trail, Kan Kan, Amelia's.

ADDITIONAL INFORMATION

This is an amazing opportunity for someone with vision. There are currently 6 total units. It's zoned and as 4 unit row house. The 4 units on the 2nd and 3rd level could be renovated into two amazing single unit suites. The two units on the lower level need work. It is unoccupied so you can begin your renovation immediately.

ADDITIONAL INFORMATION

Introducing a versatile commercial property tailored to your business needs! This spacious property boasts of four individual office spaces, each equipped with its own dedicated bathroom facilities for added convenience. Completely recently renovated with new flooring, new windows, and freshly painted! Whether you're running a startup or an established business, this flexible space offers the ideal environment to thrive. Use your space to run your business and rent out the other three spaces. With ample traffic flow, and a prime location, seize the opportunity to elevate your business operations. Basement can be finished out for even more space. You could use one space for business and rent out the other 3. Lots of possibilities. Duplicate listing of BLC # 21968016

ADDITIONAL INFORMATION

Duplex for sale in a popular neighborhood, 3 miles to Downtown and convenient location to all directions! Each unit has 3 bedrooms and 1.5 bathrooms! Spacious living room! Total rehab was done in 2021 with New kitchens cabinets, counter tops, kitchen floors, new dishwasher, garbage disposals, Range/oven stoves, microwave ovens and refrigerators! New HVAC, windows, new roof and gutters and chimneys, new sidings and exterior doors and refinished hardwood floors and new installed laminate floorings! A great investment opportunity.

ADDITIONAL INFORMATION

Perfect location to own an investment property... in the heart of Meridian Kessler! Steps away from grocery, restaurants, and shops! Huge duplex, on large corner lot of park ave. and 53rd. Fantastic rental history. both sides leased thru May 2025. Several Updates throughout! 5 bed /2.5 baths. on one side 4 bed /2 baths on the other. Includes W/D, all appliances. Hardwood floors. Screened in front porches . Separate fenced in back yards. Rare opportunity to own a high end duplex which has been continuously rented for over 20 years.

ADDITIONAL INFORMATION

Ground level Half Double. Nicely finished living room with ceiling fan and fireplace and large eat-in-kitchen. Mini blinds, gas heat and insulated windows. Large private fenced backyard, off street parking. Stove and refrigerator provided and W/D hook-up available. Upstairs Unit All Electric. – Carpeted, ceiling fans, mini blinds, gas heat, insulated windows, W/D hookup, nicely completed eat-in-kitchen, air conditioning, stove and refrigerator provided. Very Quiet Street in mature neighborhood. Very large fenced backyard with mature trees. Located 1 block west of the Monon trail and 2 blocks from city bus stop..