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  • $201,000

    422-424 Villa Ave, Indianapolis, IN 46201

    1beds
    1baths
    --sqft
    Multi Family, Duplex
    Built in 1920
    -- sqft lot
    $203,100 Zestimate®
    $--/sqft
    $-- Estimated rent

    What's special

    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!

    Zillow last checked: 7 hours ago

    Listing updated: February 20, 2025 at 03:41pm

    Listing Provided by:

    Max Moore max@atpropertiesind.com,

    @properties,

    Kyle Hoffman,

    @properties

    Bought with:

    Trent Kiester

    @properties

    Source: MIBOR as distributed by MLS GRID,MLS#: 22015383MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 1
    • Bathrooms: 1
    Heating
    • None
    Cooling
    • None
    Appliances
    • Laundry: Connections Some
    Features
    • Has basement: No

    Property

    Features
    • Levels: One
    • Stories: 1
    Lot
    • Size: 4,356 sqft
    Details
    • Parcel number: 491007205109000101

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Bungalow
    • Property subtype: Multi Family, Duplex
    Materials
    • Vinyl Siding
    • Roof: Composition
    Condition
    • New construction: No
    • Year built: 1920

    Community & neighborhood

    Location
    • Region: Indianapolis
    • Subdivision: State Square

    Other

    Other facts
    • Road surface type: Asphalt
    Services availability
    Get a cash offer in 3 minutes

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    Estimated market value

    $203,100

    Get a cash offer in 3 minutes

    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.

    Estimated market value

    $203,100