C class duplex in Indy

[Michelle Dong]

I found a duplex in Indianapolis, Indiana with a high return in a class C area, 46222 area code to be exact. I plan to live in one unit and rent out the other side of the duplex. What are your thoughts about class C areas?

[Daniel McNulty]

@Michelle Dong

I would take a look at the near east side or bates hendricks for a B class duplex. Or if you don't know the area well yet, just look to the east or just south of 70 splitting the city. If your house hacking, the additional premium for the purchase should not be substantial. As pointed out above, it may be a more enjoyable location for you to live, moving from the sunshine state. 

Good Luck!

Danny McNulty

Financial Advisor