Happy Labor Day Weekend!
Can you believe it’s already here? Where did 2025 go??? This year has flown by.
Did you set big goals for 2025? How are you tracking on those? I think fall is the perfect season to pause and reflect. One of my goals was to add a couple more rentals—and I haven’t gotten there yet. So here’s what I’m doing to sneak one in before year-end:
Analyzing more properties
Writing offers on fresh listings instead of chasing stale ones
Remember: half of Indy’s inventory sells in under 10 days—the best deals move fast
Making reasonable offers and leaving them open for up to 30 days, even if initially rejected
Sticking to properties that fit the mold of what I already own
Getting my portfolio back to full occupancy
If you come across anything that looks like this inside, send it my way—I’d love to take a look!
Personally, I lean toward higher-end rentals. My rule of thumb: if I wouldn’t want to live there for a month, I don’t buy it—even if it means less cash flow.
👉 What rules do you live by when it comes to your rentals? Shoot me a reply
P.S. There is more multifamily inventory on the market in Indy right now than I’ve seen in my entire career.
P.P.S. Don’t miss our next Happy Hour (09/18)—I better see you there: rootsrealty.co/events
Deals of the Week:
If even slightly interested in one of these deals hit reply!
Property #1: Eastside Duplex Deal: Fully Leased + Cashflow Ready
7549 E 10th St, Indianapolis, IN 46219
Full Breakdown | View on Zillow | BiggerPockets Analysis
Asking Price: $220K (I’d offer $200K)
Location: Far Eastside / South Lawrence (Class C–D)
Market Rents: ~$2,100/mo ($1,000 + $1,100)
Property #2: Irvington Income Play: A–B Class Triplex at $260K
5201 E 10th St, Indianapolis, IN 46219
Full Breakdown | View on Zillow | BiggerPockets Analysis
Asking Price: $275K (I’d offer $260K)
Location: Irvington / Little Flower (Class A–B))
Market Rents: $2,535/mo
929 leased through 9/30/2025 @ $840
931 leased through 4/30/2025 @ $765
5201 month-to-month @ $930
Property #3: Strong Rent Base: Jenny St Duplex with Value Upside
64–68 Jenny St, Indianapolis, IN 46219
Full Breakdown | View on Zillow | BiggerPockets Analysis
Asking Price: $170K (I’d offer $165K)
Location: Tuxedo Park (Class C)
Market Rents: 1 bed / 1 bath currently grossing $1,750
Honorable Mentions:
49-51 N Catherwood Ave, Indianapolis, IN 46219 Fully rented Irvington duplex bringing in $1,180/mo. Both units are MTM, offering upside on rents. Prime walkable location near shops and dining. |
77-79 N Layman Ave, Indianapolis, IN 46219 Fully occupied Irvington duplex generating $1,830/month. Leases locked in through 2025 and 2026, offering reliable cash flow. Walking distance to shops, dining, and fast highway access. |
This is just a sprinkling of what’s on the market.
The reality is you have to dig into the mud to find the gold, and it takes getting into the weeds. To get started here’s our Indy Investor Resources (guides, podcasts, courses, events coming soon, you name it).
Need an Agent? Talk about your Strategy / Goals? —> Roots Realty Co. Website
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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!
PS - I’d love your feedback. How can we better set up this deal sheet? What would you like to see more of? - Max & Trace (Roots Deal SheetTeam)
