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!
Active
Price cut: $20K (7/16)
$169,000
4710 E Michigan St, Indianapolis, IN 46201
4beds
2baths
--sqft
Est.:
Multi Family, Duplex
Built in 1920
-- sqft lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Comfortable living spaceNew carpetNew roofNew gas water heater
- 59 days
- on Zillow |
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