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3711 Boulevard Place

Indianapolis, IN 46208

PendingListed Sep 11, 2026 · 11 days on market

Key facts

Lot
0.11 acres
Year built
1919
Type
Residential Income · Duplex
Stories
One
Garage
2 spaces
MLS #
22125713
County
Marion
Subdivision
Mccabe Park

About this home

Discover an exceptional investment opportunity at 3711 Boulevard Pl, ideally situated just minutes from Newfields, The Children's Museum of Indianapolis, and major transit routes for effortless commuting across the city. This turnkey property underwent a comprehensive renovation in 2025 - a new roof, AC units, updated kitchens, and all new bathrooms. The building currently generates an impressive $2,300 per month, backed by two reliable tenants already in place. At current pricing this well exceeds the 1% rule. Both tenants are fully aware of the sale and can easily vacate at closing with sufficient notice, providing ultimate flexibility whether you are looking to expand your portfolio with an immediate income-producing asset or transition the space for your own use. Tenants pay their own gas and electric, landlord pays for water as it is on a single meter. Do not miss out on this high-performing, beautifully updated property in a thriving location. Schedule your showing today!

Description provided by the listing brokerage.

Interior

Basement
PartialUnfinished
Laundry
Connections AllIn Basement

Exterior

Roof
Asphalt
Foundation
Block
Parking and garage
Detached

Systems

Heating
Gas
Cooling
Central Air

Schools

School district
Indianapolis Public Schools

Taxes

Estimated annual tax
$2,472 / yearTwice the semi-annual installment the listing reports.
Tax year
2025

Estimate your monthly payment

$1,365per month, estimated
Principal and interest $1,084Property tax $206Insurance $75
20% · $43,000
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$215,000
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