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1602 E Vermont St

Indianapolis IN 46201

5400 sq. ft.
Duplex
Currently for sale - view listing

Overview

Excellent investment opportunity! This well-maintained four-unit property features a solid brick exterior and long-term tenant history, with potential to support higher rental rates. Unit 1 is a spacious 2-bedroom, 1-bath unit with 1,225 sq ft, central air, and a private washer/dryer. Unit 2 offers 1 bedroom, 1 bath, and 884 sq ft. Unit 3 includes 2 bedrooms, 1 bath, and 827 sq ft. Unit 4 is an efficiency unit. Units 2-4 share access to a washer and dryer located in the basement. Gross annual income is $39,240. See attachment for full lease details and property information.

Features

5400 sq. ft. lot size
Duplex

Property history for 1602 E Vermont St

2017
Sold
$217,500
27 Apr 2017 by Matthew Kressley, of F.C. Tucker Company
2015
Sold
$135,000
19 Jun 2015 by Mike Perron, of REMAX Advanced Realty | Greenwood

Happy sellers in Indianapolis

90%
90% of sellers in Indianapolis reported that their sale price either exceeded or met their price expectations.

Indianapolis stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 4 reviews in Indianapolis over the last 12 months.

Local market activity for duplexes in Indianapolis

In the last 12 months, 164 duplexes similar to 1602 E Vermont St, have been sold.

This represents a 33% decrease in duplexes sales when compared to the previous 12 months.

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