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3535 N College Ave

Indianapolis IN 46205

6400 sq. ft.
Duplex
Currently for sale - view listing

Overview

INVESTMENT opportunity! Purchase this 4-plex individually or with the neighboring 4-plex for added scale - 8 doors! 2025 cap rate near 6%. Each unit offers 3 bedrooms, 1 full bath, and an in-unit washer/dryer, with a mix of main-floor and upper-level layouts. This plus the neighboring 4-plex property, has seen nearly $180K in improvements, including a roof replacement (2020), LVP flooring throughout, and extensive interior updates to kitchens, baths, paint, and drywall. Add this income-producing asset to your portfolio today.

Features

6400 sq. ft. lot size
Duplex

Property history for 3535 N College Ave

2020
Sold
$237,500
15 Oct 2020 by Ryan Hakes, of Grace & Agape Real Estate Serv
2019
Sold
$500,000
10 May 2019
2016
Sold
$60,000
02 Sep 2016 by Timothy Bradley, of Discover Properties, LLC

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 6 reviews in Indianapolis over the last 12 months.

Local market activity for duplexes in Indianapolis

In the last 12 months, 62 duplexes similar to 3535 N College Ave, have been sold.

This represents a 62% decrease in duplexes sales when compared to the previous 12 months.

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