REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour

Listed by Corey Batt • F.C. Tucker Company
$ 152,900
Est. payment /mo
New
1503 N Gladstone AVE Indianapolis, IN 46201
5,227 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Subdivision Johnsons East 10Th Street
MLS Listing ID 22034112
Year Built 1945
Tax Year 2024
Lot Size 5,227 Sqft
Acres 0.12
Property Sub-Type Duplex
Property Description
Investor Special! Looking for a duplex that easily meets the 1% rule? Look no further! This ready-to-rent Little Flower gem offers strong cash flow potential with projected rents of $900+ per unit. Each unit features 2 bedrooms, 1 bath, and full basement storage. The solid brick exterior and 5-year-old roof ensure low-maintenance ownership. Recent updates include breaker boxes, both water heaters replaced within the past 3 years, and newer furnace in Unit 1505. Tenants will enjoy front and back porches, plus off-street parking in the rear. Don't miss this opportunity to secure a high-yield duplex in one of Indy's desirable neighborhoods!
Location
State IN
County Marion
Rooms
Basement Daylight, Full, Interior Entry, Storage Space, Unfinished
Interior
Heating Forced Air, Natural Gas
Fireplace N
Exterior
Roof Type Asphalt
Building
Story One
Foundation Block, Full
Architectural Style Ranch
Structure Type Brick
New Construction false
Schools
School District Indianapolis Public Schools

© 2025 Listings courtesy of MIBOR as distributed by MLS GRID. All Rights Reserved.
