14 S Euclid AVE Pending Save Request In-Person Tour Request Virtual Tour
Indianapolis,IN 46201
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Pending
Purchase Type For Sale
Subdivision Haywoods Boulevard
MLS Listing ID 22056691
Year Built 1924
Tax Year 2024
Lot Size 5,662 Sqft
Acres 0.13
Property Sub-Type Duplex
Property Description
Please submit best and final offers by Friday at 12:00 PM EST for consideration This 2 bed / 1 bath per unit duplex sits in the heart of the Christian Park neighborhood, just about five miles east of downtown Indianapolis. Both units are currently rented month-to-month at $750 per side. The property has been well cared for with major updates in recent years, including new HVAC and central air, a new roof, siding, and gutters (all completed in 2022), plus interior upgrades like laminate flooring, tiled showers, and a new water heater in 2023. With these big-ticket updates already handled, the property offers reduced maintenance costs and steady income from day one. Current rents are $750, but comparable 2 bed / 1 bath units in the area command $900+, creating clear upside. The numbers already exceed the 1% rule, and with tenants in place you can begin cash flow immediately.
Location
State IN
County Marion
Interior
Fireplace N
Building
Story One
Architectural Style Other
Structure Type Vinyl Siding
New Construction false
Schools
School District Indianapolis Public Schools