SoldFeb 19, 2025

Listed by Max Moore and Kyle Hoffman from @properties

Bought with Trent Kiester from @properties

Source: MIBOR Service Corporation #22015383

422 Villa Avenue, Indianapolis, IN, 46201

$201,000

4443 sq. ft.

Duplex

9 days on the market

Sold: Feb 19, 2025

What's around 422 Villa Avenue

About this property

Attention Investors! Discover a prime investment opportunity with this beautifully renovated duplex near downtown Indianapolis. Each unit features 1 bedroom and 1 bathroom, providing excellent potential for strong rental income. Both units are currently leased, with tenants paying $1,300 per month each, generating a total gross income of $2,600 per month. This duplex has been fully updated with durable LVP flooring, stylish butcher block countertops, modern bathroom finishes, and more. The charming front porch adds to the property's curb appeal, while its close proximity to downtown attractions makes it highly desirable for tenants seeking vibrant city living. Owner-paid utilities range from $125-$165 per side, keeping overhead manageable. Whether you're looking to add a turnkey, high-cash-flow property to your portfolio or secure a long-term income-generating asset, this duplex is a fantastic opportunity you won't want to miss!

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