955 E Mills Ave

Indianapolis IN 46227

11587 sq. ft.

Duplex

Currently for sale - view listing

Overview

Spacious Duplex Investment Opportunity in University Highlands! This duplex is not short on space! Each unit in this 2-unit property offers a comfortable 2-bedroom, 1.5-bath layout with generous living areas, plus a full unfinished basement for laundry and storage. Situated on a 0.27-acre lot with mature trees and a large backyard, this well-maintained home provides privacy and room to breathe. Recent major updates make it truly turn-key: new roof, gutters, and soffits in 2025, plus a furnace replacement in 2024. Enjoy the convenience of separate driveways and the solid construction of a 1970-built duplex in a prime location. Located in the desirable University Highlands neighborhood, this property is just minutes from the University of Indianapolis, offering strong rental demand from students, faculty, and young professionals. It's also conveniently close to shopping, dining, and major highways. Perfect for a variety of buyers - whether you're seeking a student rental, traditional long-term tenants, short-term/Airbnb income, or a smart house hack (live in one side, rent the other). Both sides already tenant-occupied and generating reliable income. Property Highlights: * 2 Units - Each with 2 Beds + 1.5 Baths * 0.27 Acres with ample yard space * Built 1970 | Recent roof & mechanical updates * Full basement for laundry/storage * Strong location near UIndy with excellent rental potential Priced to sell at $249,900, this is a fantastic investment in a high-demand area with proven growth. Don't miss out on this turn-key opportunity - schedule your showing today!