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For sale 9 days ago

$145,000

4 bd 2 ba 1680 sqft

29-31 S Catherwood , Indianapolis , IN 46219

Residential Duplex Off MLS

Current Rent **

$700

Projected Rent **

$1,800

Estimated Cap Rate *

Pro Only

Estimated Cash on Cash ROI *

Pro Only

Posted By:

Jaden Thomas

Unit 1 Details
  • Current Rent: $700
  • Bedroom: 2 bd
  • Bathroom: 1 ba
  • Square Footage: 840 sqft
  • Occupied: No
  • Needs Repairs: No
  • Off MLS: Yes
Unit 2 Details
  • Current Rent:
  • Bedroom: 2 bd
  • Bathroom: 1 ba
  • Square Footage: 840 sqft
  • Occupied: No
  • Needs Repairs: No
  • Off MLS: Yes

🚨TURN-KEY OFF-MARKET DUPLEX 🚨

πŸ‘πŸ’° Turn-Key Duplex – Live In One, Cash-Flow The Other!
πŸ“ 29 & 31 S Catherwood Ave β€’ Indianapolis, IN 46219
✨ Freshly Renovated + Immediate Income ✨
One side is already rented to a great tenant βœ…
The other side is fully updated & ready to lease or move in yourself πŸ”‘
πŸ”₯ Highlights
πŸ› 2 Bedrooms / 1 Bath per unit – roomy layouts
πŸ†• Recent Upgrades – new flooring, modern kitchen & bath finishes, fresh paint throughout
🏠 Low-Maintenance Exterior with private entrances & off-street parking
🌳 Nice Backyard perfect for tenants or owner-occupant enjoyment
πŸš— Prime Location – minutes to historic Irvington restaurants & shops, quick access to downtown Indy & I-70
πŸ’΅ Investor Friendly
Immediate cash flow with one tenant in place
Second unit ready for market rent right away
Ideal for house hacking or adding to your rental portfolio
πŸ“ž Call/Text (614) 315-0848 today to schedule a private tour and snag this income-producing property before it’s gone! πŸƒβ€β™‚οΈπŸ’¨

Location:

29-31 S Catherwood , Indianapolis , IN 46219

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* The cap rate and cash on cash return calculations found on BiggerPockets Listings are estimated and designed to be used for informational and educational purposes only, and when used alone, do not constitute investment advice. They assume 3 months worth of expenses and estimate taxes and insurance. BiggerPockets recommends that you seek the advice of a real estate professional before making any type of investment. The results presented may not reflect the actual return of your own investments. BiggerPockets is not responsible for the consequences of any decisions or actions taken in reliance upon or as a result of the information provided by these tools. Furthermore, BiggerPockets is not responsible for any human or mechanical errors or omissions.

** Current rent and projected rent are provided by the lister.

† Rental comps are pulled by looking at property characteristics (beds, baths, structure type), date the rent listing was captured, and proximity to the searched location.

‡ Confidence levels range from low to very high. Confidence is determined by the number of recent and relevant comparable properties for any given search. A very high confidence level indicates a high number of recent and similar rental listings.