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2433 N Kenwood Avenue

Indianapolis, IN 46208

ActiveListed Jul 28, 2026 · 84 days on market

Key facts

Beds
3
Baths
2 full
Living area
2,672 sqft
Lot
0.11 acres
Year built
1910
Type
Residential · Single Family Residence
Stories
Two
MLS #
22116616
County
Marion
Subdivision
No Subdivision
Total building area
3,698 sqft

About this home

Excellent opportunity for both investors and owner-occupants with this duplex offering income potential and flexibility. Live in one unit while renting the other, or lease both for immediate cash flow. The lower unit (2435) features 1 bedroom and 1 bathroom, while the upper unit (2433) offers 2 bedrooms and 1 bathroom. The property includes a spacious backyard with convenient alley access. Unit 2433 received a new A/C unit in April 2026. Both units are currently leased, providing immediate rental income, with rents below market and the opportunity to increase rental income over time. All utilities are separately metered except for water, which can be separately metered. Conveniently located less than one mile from The Children's Museum and I-65, the property is situated in an area experiencing ongoing revitalization, making it an attractive opportunity for both investors and future owner-occupants.

Description provided by the listing brokerage.

Interior

Flooring
Hardwood
Rooms
11
Main-level bedrooms
1

Exterior

Patio and porch
Covered
Construction
Vinyl With Brick
Foundation
Concrete Perimeter
Style
Traditional
Parking and garage
Alley Access

Systems

Heating
Natural Gas
Cooling
Central Air
Water
Public

Schools

School district
Indianapolis Public Schools

Taxes

Estimated annual tax
$3,134 / yearTwice the semi-annual installment the listing reports.
Tax year
2025

Estimate your monthly payment

$1,016per month, estimated
Principal and interest $706Property tax $261Insurance $49
20% · $28,000
6.47%
Loan type
Loan term

Estimates only. This calculator does not give a quote. Defaults reflect Marion County / Indianapolis averages: property tax from this home's actual county bill, 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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Listed at$140,000
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