Key facts
- Lot
- 0.17 acres
- Year built
- 1941
- Type
- Residential Income · Duplex
- Stories
- One
- MLS #
- 22131776
- County
- Ripley
- Subdivision
- J & S
About this home
Great investment opportunity with this well-maintained, income-producing duplex! Both units have been updated and are move-in ready, with reliable tenants already in place, making this a turnkey addition to your rental portfolio. The building features 2 updated 2 BR 1 BA units, a new roof in 2025 and each unit has its own storage shed for added convenience. Tenants are responsible for their own utilities, helping keep operating expenses low. Whether you're looking to start investing or expand your existing portfolio, this property is ready to go with rental income already in place! Seller is a licensed Indiana real estate broker and has an ownership interest in the property.
Description provided by the listing brokerage.
Interior
- Laundry
Exterior
- Roof
- Construction
- Foundation
- Style
Systems
- Heating
- Cooling
Schools
- Elementary school
- South Ripley Elementary School
- Middle school
- South Ripley Junior High School
- High school
- South Ripley High School
- School district
- South Ripley Com Sch Corp
Taxes
- Estimated annual tax
- $1,398 / 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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