Key facts
- Lot
- 0.41 acres
- Year built
- 1976
- Type
- Residential Income · Duplex
- Stories
- One
- Garage
- 2 spaces
- MLS #
- 22120485
- County
- Marion
- Subdivision
- No Subdivision
About this home
Income-Producing Duplex Portfolio - Four Fully Rented Units Excellent investment opportunity featuring two duplex properties with four total units, all currently rented. The portfolio offers a strong rental history, with all tenants demonstrating a consistent record of on-time payments. In addition to the four residential units, the property includes four separate garages currently available to be rented for storage, providing an additional income stream. The properties are well maintained and have benefited from numerous recent improvements. Three of the four units have been renovated, including new flooring, lighting, drywall, and interior paint. A new roof and gutters were installed in 2024, and three of the four units have received new water heaters between 2023 and 2025. Two of the four units have new HVAC systems, further enhancing the property's reliability and appeal. Electrical panels have all been replaced and are up to code. Both properties are serviced by well and septic system and have been carefully maintained, with all major systems and components reported to be in good working order. Septic pumped in 2026. This is a turnkey investment opportunity with established tenants, multiple income sources, and a strong history of ongoing maintenance and improvements.
Description provided by the listing brokerage.
Interior
- Laundry
- Condition
Exterior
- Roof
- Construction
- Foundation
- Style
- Parking and garage
Systems
- Heating
- Cooling
Schools
- School district
- Perry Township Schools
Taxes
- Estimated annual tax
- $5,680 / yearTwice the semi-annual installment the listing reports.
- Tax year
- 2025
Estimate your monthly payment
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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