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422-424 Villa Avenue, 
Indianapolis, IN 46201

$199,900

—

Bed

—

Bath

-

Sq Ft

Multi-Family

Pending

Listed by

Trent Kiester

@Properties

317-489-3441

Last updated:

April 10, 2026, 07:30 AM

MLS#

22087633

Source:

IN MIBOR

About This Home

422-424 Villa Avenue

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.

Home Facts

Multi-Family

Built in 1920

Price Summary

199,900

MLS #:

22087633

Last Updated:

April 10, 2026, 07:30 AM

Added:

a month ago

Structure

Structure

Architectural Style:

Bungalow

Year Built:

1920

Lot

Lot Size (Sq. Ft):

4,356

Finances & Disclosures

Finances

Price:

$199,900

Source:IN MIBOR
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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.