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Amie Lieurance
Pro Member
  • Indianapolis, IN
93
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800
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Another Great Duplex on Indy's Near West Side!

Amie Lieurance
Pro Member
  • Indianapolis, IN
Posted Dec 5 2018, 10:19

This is the second of two duplexes I will send out today on the same street. Located across the street from Riverside Park and just east of the White River on Indy's near northwest side, this partially cash flowing duplex is ready to go! As you can see in the pictures below, this is also a nice property. With two bedrooms and one bath per side, it currently has one side occupied at $525 per month as is. You should be able to get higher rents on the vacant side.

Multi-family comps within 1/4 mile:
2843 Riverside Dr - SOLD $95k (only 3 DOM, 2/1 each side, 736 sf and 720 sq ft, each side rented for $620 and $630 per month)
1505-1507 W 28th St - SOLD $99,500 (0 DOM, 3/2 on one side rented for $900 per month with 936 sq ft, 2/1 on the other side rented for $800 with 936 sq ft)

Single Family comps within 1/4 mile include:
1530 W 27th - SOLD $57k (2/1.5)

1522 Udell - SOLD $98k (4/2, 5 DOM)

PHOTOS!

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