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33
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24
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Austin Coon
  • Real Estate Broker
  • Indianapolis, IN
24
Votes |
33
Posts

Great Rental in Broadripple

Austin Coon
  • Real Estate Broker
  • Indianapolis, IN
Posted

Investment Info:

Condo buy & hold investment in Indianapolis.

Purchase price: $255,000

Picked up a 2bed/2bath condo in Broad Ripple for $255K as a buy-and-hold. Broad Ripple is one of those Indianapolis submarkets that just keeps performing — walkable to the strip, close to the Monon Trail, and consistently attractive to young professionals and remote workers who want that urban-village feel without downtown pricing.
The 2/2 layout is the sweet spot for this area — easy to rent, easy to self-manage, and strong demand year-round. I underwrote it as a long-term rental but I'm keepin