Roots Deal Sheet

Duplex Deals + Exclusive Access to Our New Investor Group

Your invite to the event that’s shaping Indy’s investor network + 3 HOT new deals.

September 25, 2025Property Update
Duplex Deals + Exclusive Access to Our New Investor Group

In partnership with

Happy Thursday,

Happy Thursday,

Last week we hosted our Happy Hour - and wow, what a turnout! Thank you to everyone who made it out. I saw some real connections forming and plenty of production-level networking happening, which is exactly why we host these events. Deals are done in community, not isolation - and these spaces exist to create those collisions.

Image from Roots Deal Sheet: Duplex Deals + Exclusive Access to Our New Investor Group

☕ Coffee & Connect

Thursday, October 23 · 7:30–9:00 AM EDT

To be honest, I think Coffee Connect is going to become even bigger than our Masterclass events over time. Here’s the flow for this month’s gathering:

  • 7:30a | Doors open + 30 minutes of networking

  • 8:00a | Grab a seat at your table

  • 8:05a | Keynote: Jeremy Tallman shares how he grew his portfolio to 100+ doors and scaled management to 1,000+ units

  • 8:40a | Breakout session → sharpening discussion question at your table

  • 9:00a | Open networking opportunity

☕ Coffee & Connect, from Roots Deal Sheet: Duplex Deals + Exclusive Access to Our New Investor Group

This isn’t just another event—it’s the beginning of something bigger. Starting in 2026, Coffee & Connect will fully replace our Happy Hours and become the heartbeat of an exclusive Indy investor group. Reply back to this email for more information.

💡 Big Bonus: Attend one Coffee Connect, and you’ll get access to our private WhatsApp group. That’s where we drop exclusive opportunities, off-market conversations, and real-time connections you won’t find anywhere else.

— Max

P.S. - More of a Prelude – If you have deals you are looking to sell reply back to this email to be featured in the next deal send!

— Max, from Roots Deal Sheet: Duplex Deals + Exclusive Access to Our New Investor Group

If even slightly interested in one of these deals hit reply!

Property #1: Indy Duplex Deal: Fully Renovated + High-Demand Location

625 & 627 W 39th St, Indianapolis, IN 46208 Full Breakdown | Off Market Property Photos | BiggerPockets Analysis

625 & 627 W 39th St, Indianapolis, IN 46208
Full Breakdown | Off Market Property Photos | BiggerPockets Analysis

Asking Price: $220K

Why I Like This Deal:
Location, location, location. This duplex sits in an incredible spot and has already been recently renovated, so you can expect lower capex needs upfront.

Market Rents:
Each side is a 1 bed / 1 bath, rented for $1,000 each ($2,000 total monthly income).

Property #1: Indy Duplex Deal: Fully Renovated + High-Demand Location, from Roots Deal Sheet: Duplex Deals + Exclusive
Property #1: Indy Duplex Deal: Fully Renovated + High-Demand Location, from Roots Deal Sheet: Duplex Deals + Exclusive

Property #2: Strong Growth Area + Built-In Cash Flow

3502 N Kenwood Ave, Indianapolis, IN 46208 Full Breakdown | View on Zillow | BiggerPockets Analysis

3502 N Kenwood Ave, Indianapolis, IN 46208
Full Breakdown | View on Zillow | BiggerPockets Analysis

Asking Price: $230K

The property has been on the market since July without a price drop. The agent shared they recently put $10K into cleaning it up. I still lean toward a more favorable offer structure around $225,000 with $15,000 in credits—and that’s what I used to run my numbers.

Why I Like This Deal:

  • Strong growth trajectory in this area.

  • Provides cash flow from day one.

Market Rents:
Total Market Rent = $2,520

  • Unit 1: Tenanted at $1,270 (3 bed / 1 bath)

  • Unit 2: Vacant (3 bed / 1 bath)

If you were able to get 8 points off:
View Full Analysis

If you did not get the points just purchased for $225k at market rate: View Full Analysis

If you did not get the points just purchased for $225k at market rate:
View Full Analysis

Property #2: Strong Growth Area + Built-In Cash Flow, from Roots Deal Sheet: Duplex Deals + Exclusive Access to Our New
Property #2: Strong Growth Area + Built-In Cash Flow, from Roots Deal Sheet: Duplex Deals + Exclusive Access to Our New

Property #3: Turn This Duplex into a $2,000/Month Performer with Light Updates

33–35 N Catherwood Ave, Indianapolis, IN 46219 Full Breakdown | Old Zillow Listing | BiggerPockets Analysis

33–35 N Catherwood Ave, Indianapolis, IN 46219
Full Breakdown | Old Zillow Listing | BiggerPockets Analysis

Asking Price: $175K

Why I Like This Deal:

  • Strong location on a great street—this one doesn’t disappoint for a duplex.

  • No active competition right now.

  • Seller is in the process of turning the vacant unit.

  • Clear value-add play: Seller owns a contracting company, and my angle would be to buy at $200K with a $25K credit back for improvements (floors, fixtures, paint). That’s the basis for my analysis.

Market Rents:

  • Unit 33 (Vacant): ~$1,100/mo with light cosmetic updates (2 bed / 1 bath)

  • Unit 35 (Tenanted): $900/mo (2 bed / 1 bath)

Total Potential = $2,000/mo

BP Deal Calculator (Repair Route):
View Full Analysis

BP Deal Calculator ($175k as- is): View Full Analysis

BP Deal Calculator ($175k as- is):
View Full Analysis

Property #3: Turn This Duplex into a $2,000/Month Performer with Light Updates, from Roots Deal Sheet: Duplex Deals +
Property #3: Turn This Duplex into a $2,000/Month Performer with Light Updates, from Roots Deal Sheet: Duplex Deals +

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Land Your Next $100K+ Job Faster, from Roots Deal Sheet: Duplex Deals + Exclusive Access to Our New Investor Group

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This is just a sprinkling of what’s on the market.

Want to go deeper? Come to our next event —> Sign up now!

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Roots Realty Co. is the investment-minded, education-first brokerage team in Indianapolis. We offer buying, selling, investing services, as well as one-of-a-kind educational content and networking opportunities. Get plugged in, just go to our website and book a chat!

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