What to know about this one.
Income-Producing Duplex - Ideal for Investors or House Hackers! Don't miss this exceptional opportunity to own a well-maintained duplex featuring two spacious 2 bed / 2 bath units. Whether you're an investor seeking strong returns or a buyer looking to offset your mortgage by living in one unit and renting the other, this property checks all the boxes. Unit 450 is currently leased at $1,100 per month until 8/17. Unit 452 is vacant and ready for a new tenant or owner-occupant, having previously rented for $1,325 per month. With a combined gross rental potential of $2,600 per month, this property exceeds the 1% rule, making it a standout investment. Each unit offers a functional layout, full bathrooms, and in-unit laundry hook ups. With one side already cash-flowing and the other move-in ready, this duplex is perfect for a house hacker looking to build equity while reducing living expenses. Add this income-generating property to your portfolio or make it your home with built-in rental income.
Amenities
Property details
- Property type
- Duplex
- Year built
- 1930
- Lot size
- 0.11 ac
- Garage
- 2 spaces
- Stories
- Two
- County
- Marion
- MLS #
- MBR22051384
450 N Kealing Avenue
Indianapolis, IN 46201