Turnkey Duplex Investment Opportunity. Ideal for investors or owner-occupants, this duplex offers immediate cash flow and long-term value. Listed at $189,000, it qualifies for the 1% rule with potential rental income of $1,900/month when both sides are leased at $950/month. The 4712 unit is currently rented at $950/month, providing stable income, while 4710 is vacant and move-in ready-perfect for attracting a new tenant or for an owner looking to live on one side and rent the other. Recent updates include: new roof (2023), new gas water heater on the 4710 side, new carpet throughout 4710 side. Each side offers 2 bedrooms, 1 bath, and comfortable living space. Located just minutes from downtown Indy, this property is positioned in a high-demand rental area with excellent upside potential. Don't miss your chance to own a solid duplex in a growing neighborhood!
Sold
$155,000
4710 E Michigan St, Indianapolis, IN 46201
4beds
2baths
--sqft
Multi Family, Duplex
Built in 1920
-- sqft lot
$154,900 Zestimate®
$--/sqft
$1,355 Estimated rent
Owner options
What's special
Zillow last checked: 8 hours ago
Listing updated: October 08, 2025 at 03:03pm
Listing Provided by:
Dana Holt 317-439-8825,
Keller Williams Indpls Metro N,
Robert Holt,
Keller Williams Indpls Metro N
Bought with:
Eli Skinner
Key Realty Indiana
Source: MIBOR as distributed by MLS GRID,MLS#: 22044294
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
Cooling
- Central Air
Features
- Basement: Unfinished
Property
Parking
- Parking features: Alley Access
- Details: Unit Parking(On Street, Paved Area)
Features
- Levels: Two
- Stories: 2
Lot
- Size: 3,049 sqft
Details
- Parcel number: 491004140064000101
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Traditional
- Property subtype: Multi Family, Duplex
- Attached to another structure: Yes
Materials
- Vinyl With Brick
- Foundation: Block
- Roof: Asphalt
Condition
- New construction: No
- Year built: 1920
Community & neighborhood
Location
- Region: Indianapolis
- Subdivision: Emerson Heights West Section
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Estimated market value
$154,900