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Back 932 N Leland Ave
Off Market

932 N Leland Ave

Indianapolis IN 46219

6098 sq. ft.
Duplex
Last sold for $124,250
Max MooreMax Moore, last sold this property on 09 March 2026 after 1101 days on market.

Overview

Value-add duplex opportunity. One unit is vacant and ready for improvement, offering a clear path to adding value and increasing rents. The vacant unit will require updates and installation of finishes and fixtures to bring it to rent-ready condition, with a projected market rent of $775-$800/month once completed. The other unit is leased at $725/month through May 31, 2026, providing immediate income during the renovation phase. The occupied unit includes an electric range, refrigerator, gas furnace, electric water heater, and window units. The property is professionally managed. Tenants pay all utilities and handle yard maintenance, with mowing covered by management. The property is non-smoking, pet-free, and features an unfinished basement and street parking. This duplex may be purchased individually or together with the identical duplex next door. Combined, 3 of the 4 total units are currently leased, producing $2,090/month in current rents, with total portfolio rents projected at approximately $2,900/month once the vacant unit is completed and leased. Well-suited for an investor focused on forced appreciation through light renovation, or an owner-occupant looking to build equity while offsetting their mortgage.

Features

6098 sq. ft. lot size
Duplex

Estimated Value

Based on this property and similar duplexes sold in Indianapolis over the last 12 months, the estimated median property value of 932 N Leland Ave is $212.5k.

Median value
$212.5k
Estimated value range
$37k - $465k
Median days on market
12
Estimated value trend
21%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Indianapolis. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 932 N Leland Ave

2026
Sold
$124,250
09 Mar 2026 by Max Moore, of @properties
2019
Sold
$132,749
24 Sep 2019 by Julie Downey, of Keller Williams Indpls Metro N
2017
Sold
$73,000
31 Jan 2017 by Josh Monteith, of F.C. Tucker Company

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, 41 duplexes similar to 932 N Leland Ave, have been sold.

This represents a 36% decrease in duplexes sales when compared to the previous 12 months.

Nearby agents

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Erik Wentz

Erik Wentz is a recommended agent for Indianapolis.  They have 2 local sales and collected 3 local reviews across the last 12 months.

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Barbara Whiteside

Barbara Whiteside is a recommended agent for Indianapolis.  They have 2 local sales and collected 3 local reviews across the last 12 months.

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Summer Hudson

Sellers who recommend Summer Hudson have praised them for being local expert, clear communication, supportive, responsive, honest, patient, and great negotiation

  •   5   (216 reviews)
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Nathan Pfahler

Sellers who recommend Nathan Pfahler have praised them for being local expert, well-prepared, responsive, and clear communication

  •   5   (31 reviews)
  •  1 Review in Indianapolis
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