3402 Carrollton Ave

Rent-by-the-room machine generating $4,950/mo with dual kitchens and proven income.

Solid duplex located in a growing Indianapolis neighborhood and part of a 4-property rent-by-the-room portfolio. Each unit offers comfortable living space with separate entrances, providing privacy and strong rental appeal. Currently operated as a rent-by-the-room investment, with 4 of 6 rooms occupied producing $3,300/month. At full occupancy, stabilized rent is $4,600/month. An excellent opportunity for investors or owner-occupants looking to house hack or add a strong cash-flowing asset to their portfolio.

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!