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429 N Colorado Ave

Indianapolis IN 46201

5576 sq. ft.
Duplex
Currently for sale - view listing

Overview

This fully renovated duplex on the east side of Indianapolis offers an incredible opportunity for both investors and homeowners looking to offset their mortgage. With both sides vacant and ready to rent, you can move into one side and start collecting rent from the other immediately. Each unit features 2 beds, 1 bath and has been fully renovated in 2022, so there's no work needed-just move in or rent out for instant income. The property boasts brand-new LVP flooring throughout, providing a sleek, durable, and low-maintenance option for both owners and tenants. Located in a prime area close to local amenities, schools, parks, and public transport, this property is perfectly situated for easy living and rental demand. Whether you're looking to live in one unit and rent out the other or add a well-maintained, income-generating asset to your portfolio, this duplex is a fantastic value that you won't want to miss.

Features

5576 sq. ft. lot size
Duplex

Property history for 429 N Colorado Ave

2022
Sold
Undisclosed
28 Oct 2022
2022
Sold
$125,000
29 Apr 2022 by Chase Rainey, of F.C. Tucker Company
2020
Sold
$127,000
20 Oct 2020 by Jason Basso, of IRIS Realty

Happy sellers in Indianapolis

92%
92% 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 5 reviews in Indianapolis over the last 12 months.

Local market activity for duplexes in Indianapolis

In the last 12 months, 171 duplexes similar to 429 N Colorado Ave, have been sold.

This represents a 64% decrease in duplexes sales when compared to the previous 12 months.

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