926 N Tuxedo ST Active Save Request In-Person Tour Request Virtual Tour
Indianapolis,IN 46201
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Subdivision Adams George F
MLS Listing ID 21977680
Year Built 1910
Tax Year 2023
Lot Size 6,969 Sqft
Property Description
PRICE IMPROVED!! Welcome to your next investment gem located in the thriving near eastside of Indianapolis! This great remodeled duplex presents an ideal turnkey opportunity for discerning investors and house hackers seeking stable rental income with a potential for long term appreciation. Renovated just a few years ago, this duplex offers two spacious units, each with 3 bedrooms, 1 bathroom, and a generous 1232 square feet of living space. Additionally, both units feature full unfinished basements with laundry hookups, providing added convenience and storage options. Currently one side is occupied (926) and one is vacant, making this property a great option for both investors and house hacking owner occupants. The occupied side has a gross rent of $1150 per month, and the other unit could most likely get $1200-1300 or much more if section 8. Tenants are responsible for all utilities and the property is under professional management, streamlining operations and expenses for the owner. Moreover, with downtown Indianapolis just a quick 10-minute drive away, residents enjoy easy access to urban amenities, employment opportunities, and entertainment options. Situated amidst a backdrop of ongoing development, this duplex is strategically positioned to capitalize on the area's growth and appreciation potential. Don't miss out on this prime opportunity to secure a turnkey rental property near downtown Indianapolis! Property sold as-is.
Location
State IN
County Marion
Interior
Heating Forced Air
Cooling Central Electric
Exterior
Waterfront false
View Y/N false
Roof Type Asphalt
Building
Story Two
Foundation Block
New Construction false
Schools
School District Indianapolis Public Schools