2522 E 16th St

Check out this stunning, fully updated 4-bed, 2-bath craftsman style bungalow in Monon Yard, just minutes to near north side staples like the Monon Trail, Goose the Market and Command Coffee. CURRENTLY RENTED FOR $1,845/month THROUGH AUGUST 2026! This is not your typical investment property - updated top to bottom with modern finishes while keeping its original craftsman charm. With approximately 1,800 finished square feet across two levels, you'll find LVP flooring through the main living areas, white shaker cabinets with butcher block countertops, marble-look tile in both bathrooms with matte black fixtures, black trim on every window and door, new carpet in all bedrooms, and appliances included. The open main-floor layout features original columns, a decorative fireplace, and a covered front porch with painted white brick and iron railings giving this home incredible curb appeal. Upstairs bedrooms offer cozy sloped ceilings with built-in closets. Additional features include a basement with newer HVAC and water heater and a large detached garage. Currently tenant-occupied with a lease through August 2026 at $1,845/month - a turnkey investment with immediate cash flow. Check it out before it's gone!

Turnkey investment opportunity in the heart of Indianapolis! This fully occupied duplex offers immediate cash flow with a gross monthly income of $2,465. Each unit is 1 bed 1 bath providing comfortable living spaces that appeal to long-term tenants, making this property an excellent addition to a rental portfolio or a great option for investors seeking steady income. With both units currently leased, the next owner can step right into an income-producing property from day one. Located in an established area of Indianapolis with convenient access to downtown and major commuter routes, this duplex benefits from strong rental demand and ongoing neighborhood growth.

Incredible Near Eastside investment opportunity! This property offers strong potential for investors or those looking looking to expand their portfolio. It does need some updates, reflected in the price, making it a perfect value add opportunity.