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Listed by Nathan Dixon • @properties
$ 264,500
Est. payment | /mo
5,227 Sqft Lot
$ 264,500
Est. payment | /mo
5,227 Sqft Lot
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Subdivision No Subdivision
MLS Listing ID 22081695
Year Built 1910
Tax Year 2024
Lot Size 5,227 Sqft
Acres 0.12
Property Sub-Type Duplex
Property Description
CASH FLOW OPPORTUNITY IN THE HEART OF INDIANAPOLIS | Positioned in a high-demand rental corridor just minutes from downtown, this income-producing single-family property delivers the type of numbers investors are searching for. 2536 Indianapolis Ave features a unique 6-bedroom layout with shared common spaces designed to maximize occupancy flexibility and rental performance. Currently producing $3,000/month in rental income with projected rents reaching approximately $4,100/month at full occupancy, this asset presents immediate cash flow with additional upside still on the table. Conveniently located near downtown Indianapolis, major employers, universities, hospitals, redevelopment activity, and public transportation, this property sits in an area experiencing continued investor interest and long-term growth potential. Whether purchased individually or alongside the accompanying portfolio properties, this is a rare opportunity to acquire a high-yield asset with scale, strong income potential, and positioning in one of Indianapolis' most active rental markets.
Location
State IN
County Marion
Interior
Heating Forced Air
Cooling Central Air
Fireplace N
Exterior
View Y/N false
Building
Foundation Block
Structure Type Other
New Construction false
Schools
School District Indianapolis Public Schools

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