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Updated over 5 years ago on . Most recent reply

Wavering between 2 houses in different areas
Hello friends,
I'm an OOS inverstor and I own 1 SFH in Indy and it is great far
so now on my way to my 2nd deal!
First duplex is at Tuxedo park - North of Washington st and east of N Sherman Dr
Second is near Lawrence (kind of) North to 21st st. and west to N Arlington ave
The numbers look almost similar 70k both houses, same rent 650$-750$ per side (both duplexes)
the only difference is the ARV - looks like the first one (built 1910) will be 100k and the second (built 1949) 80k.
Any insight on those areas/details?
Most Popular Reply

@Shaked Persi
Both are rougher areas. I personally would ho with the Arlington one first. I've never seen any thing in tuxedo park area I like.
That's just me. Tuxedo park may appreciate in the future from the growth downtown, but if that happens it prob wont be anytime soon.