For Sale

Listed by Colton Haymon from @properties

Source: MIBOR Service Corporation #22066065

24 South Euclid Avenue, Indianapolis, IN, 46201

$118,000

5750 sq. ft.

Duplex

•

30+ days on the market

What's around 24 South Euclid Avenue

About this property

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.

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