Located just minutes from the iconic Indianapolis Motor Speedway, this well-maintained duplex offers great potential for both investors and house hackers. Each unit features 2 bedrooms and 1 bathroom, with the left side tenant-occupied and generating steady rental income, while the right side has been recently updated with fresh interior paint and is vacant, ready for new tenants or an owner-occupant. The property provides the perfect opportunity to live in one unit and rent out the other to offset your mortgage or increase cash flow with minimal effort. Situated in an area with easy access to Speedway, shopping, dining, and major highways, this duplex is ideal for anyone looking to expand their rental portfolio or invest in a property that offers multiple income streams. Book a showing today!
The median home value in Indianapolis, IN is $221,900. This is higher than the county median home value of $219,900. The national median home value is $338,100. The average price of homes sold in Indianapolis, IN is $221,900. Approximately 48.52% of Indianapolis homes are owned, compared to 40.53% rented, while 10.95% 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 46224 has a population of 880,104. Indianapolis 46224 is less family-centric than the surrounding county with 26.06% of the households containing married families with children. The county average for households married with children is 26.96%.
The median household income in Indianapolis, Indiana 46224 is $54,321. The median household income for the surrounding county is $54,601 compared to the national median of $69,021. The median age of people living in Indianapolis 46224 is 34.3 years.
The average high temperature in July is 84 degrees, with an average low temperature in January of 19.5 degrees. The average rainfall is approximately 42.4 inches per year, with 21.6 inches of snow per year.