77–79 N Layman Ave in Indianapolis
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Listed APR 30 · Indianapolis · IN

77–79 N Layman Ave

Indianapolis · IN

2Bedrooms
2Bathrooms
Roots take

What to know about this one.

Turnkey and worry-free, this fully occupied 2-bed / 2-bath duplex offers dependable rental income with minimal effort. Unit 77 is leased at $885/month through August 2025, and Unit 79 at $945/month through April 2026, tenants cover utilities other than water. Built in 1938, this ranch-style property features central air, a basement, and charming brick-and-aluminum exterior, all located within walking distance of Irvington’s shops, dining, and fast highway access. Listed at just $185,000, this is a rock-solid investment for cash flow investors.

Affordability

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Estimated monthly$1,199
  • P&I $980
  • Property tax $154
  • Insurance $65
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Loan type
Loan term
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Estimates only, not a quote. Defaults reflect Marion County / Indianapolis averages: property tax at 1.0% of price (Indiana homestead-capped at 1%), homeowners insurance at 0.42% annually. Conventional: PMI runs 0.55% of the loan annually when your down payment is below 20%, and drops automatically at 22% equity. Your real number depends on credit, taxes assessed for the parcel, escrow, condo insurance, and HOA. Rates as of May 2026 and subject to change.

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Where it is

77–79 N Layman Ave

Indianapolis, IN 46219

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Listed by
Listed
Apr 30, 2026
Status
Pending
Address
77–79 N Layman Ave, Indianapolis, IN 46219
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Listed at$185,000