Updated over 10 years ago on . Most recent reply
Feedback on this Indianapolis location please!
I'm honing in on an investment market (which will primarily hinge on networking and the team building that takes place), but I seem to be coming back to Indianapolis and Kansas City.
However, having said that I came across a property in this general area of Indianapolis (see attached pic of map) and i'm wondering if anyone might shed some light on the quality of this general neighborhood / area? What are the areas of Indy that a smart investor would stay away from? Are there exceptionally favorable areas, and why?
Looking forward to your feedback, thanks!
(for some reason it doesn't seem the image is working but the property is near East 38th St & N Emerson Ave.)
Most Popular Reply
I am not an investor (hope to be one day!) but i have lived in Indianapolis for the last 10 years. If I bought an investment property in that area, I would expect low income low quality tenants with a high turnaround rate. 3bd may generate $700 possibly $800 monthly. If you go a little bit north, 46th Emerson area, the general area and neighborhood is nicer.