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Listed by Dana Rivers • Resolute Realty
$ 335,000
Est. payment /mo
Active
1622 Yandes ST Indianapolis, IN 46202
5,662 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Subdivision S A Fletcher Jr North East
MLS Listing ID 22090237
Year Built 1910
Tax Year 2024
Lot Size 5,662 Sqft
Acres 0.13
Property Sub-Type Duplex
Property Description
Welcome to 1622-1624 Yandes Street, a rock-solid, side-by-side Traditional American Foursquare duplex located in the heart of the explosive Monon 16/Kennedy-King corridor! If you've been looking for a way to let your property pay for itself, THIS IS IT. GUARANTEED INCOME FROM DAY ONE: Forget the stress of hunting for tenants. Unit 1624 is already leased through April 2027. That is a stable, reliable cash flow hitting your bank account the moment you leave the closing table. THE HOUSE-HACKER'S DREAM: Unit 1622 is move-in ready and waiting for you! It features 2 spacious bedrooms, 1 updated bathroom, and that classic Indy charm with historic trim and large windows. Live on this side and let the neighbor pay the bulk of your mortgage, or rent it out at market rates to maximize your ROI! VALUE-ADD POTENTIAL: While this beauty is already performing, there is still room to grow! Bring a little "elbow grease" to Unit 1622, a fresh coat of modern paint or a flooring update, and watch your equity and rental potential soar in this high-appreciation zip code. SEPARATE UTILITIES: Water, sewer, electric, and gas are all individually metered. Tenants pay their own bills, the ultimate landlord's "easy button!" LOCATION IS KING: You are steps from the Monon Trail, Provider Coffee, the Alchemist, and just minutes from the glitz of Mass Ave and Bottleworks. WALKABLE & BIKEABLE: High-demand area for urban professionals who want to be near the action. Properties in 46202 with this kind of math and "house-hacking" versatility are disappearing fast. Opportunities like this don't knock twice, don't look back and wish you'd moved sooner!
Location
State IN
County Marion
Rooms
Basement Cellar, Partial, Unfinished
Interior
Heating Forced Air, Natural Gas
Cooling Central Air
Fireplace N
Exterior
View Y/N false
Roof Type Asphalt
Building
Story Two
Foundation Block
Architectural Style Traditional
Structure Type Wood Siding
New Construction false
Schools
Elementary Schools Center For Inquiry School 27
Middle Schools H L Harshman Middle School
High Schools Arsenal Technical High School
School District Indianapolis Public Schools
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