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Property view

422-424 Villa Avenue, 
Indianapolis, IN 46201

$201,000


Bed


Bath


-

Sq Ft


Multi-Family

Sold

Listed by

Max Moore

Kyle Hoffman

Bought with @properties

@Properties

317-489-3441

MLS#

22015383

Source:

IN MIBOR

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About This Home

422-424 Villa Avenue

Attention Investors! Discover a prime investment opportunity with this beautifully renovated duplex near downtown Indianapolis. Each unit features 1 bedroom and 1 bathroom, providing excellent potential for strong rental income. Both units are currently leased, with tenants paying $1,300 per month each, generating a total gross income of $2,600 per month. This duplex has been fully updated with durable LVP flooring, stylish butcher block countertops, modern bathroom finishes, and more. The charming front porch adds to the property's curb appeal, while its close proximity to downtown attractions makes it highly desirable for tenants seeking vibrant city living. Owner-paid utilities range from $125-$165 per side, keeping overhead manageable. Whether you're looking to add a turnkey, high-cash-flow property to your portfolio or secure a long-term income-generating asset, this duplex is a fantastic opportunity you won't want to miss!

Home Facts

Multi-Family

Built in 1920

Price Summary

215,000

MLS #:

22015383

Sold:

February 19, 2025


Structure

Structure

Architectural Style:

Bungalow

Year Built:

1920


Lot

Lot Size (Sq. Ft):

4,356


Finances & Disclosures

Finances

Price:

$215,000

Source:IN MIBOR
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