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24 South Euclid Avenue

Indianapolis IN 46201

5750 sq. ft.
Duplex
Currently for sale - view listing

Overview

Fully leased duplex with in-place income in Christian Park. This 2 bed / 1 bath per unit duplex sits just five miles east of downtown Indianapolis. Both units are leased month-to-month, one at $900/month and one at $800/month, generating $1,700 in combined monthly rental income and $20,400 in gross annual income. With both leases on a month-to-month basis, there's flexibility to adjust rents toward market rates as you take over. Valuable updates are already in place, including a new roof, siding, and gutters (2022), newer HVAC and central air, updated laminate flooring, tiled showers, and a new water heater (2025). Whether you're building a rental portfolio or adding a turnkey, income-producing asset, this is a great opportunity to own cash flow with upside in one of Indianapolis' most convenient east-side neighborhoods. Property is being sold as-is.

Features

5750 sq. ft. lot size
Duplex

Property history for 24 South Euclid Avenue

2018
Sold
$28,900
28 Dec 2018 by Brian Snider, of Red Bridge Real Estate

Happy sellers in Indianapolis

87%
87% 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 6 reviews in Indianapolis over the last 12 months.

Local market activity for duplexes in Indianapolis

In the last 12 months, 172 duplexes similar to 24 South Euclid Avenue, have been sold.

This represents a 13% decrease in duplexes sales when compared to the previous 12 months.

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