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Listed by Peter Stewart • Keller Williams Indpls Metro N
$ 214,900
Est. payment /mo
New
23 S Harris AVE Indianapolis, IN 46222
4,791 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Subdivision Carpenters Home Place
MLS Listing ID 22113487
Year Built 1910
Tax Year 2025
Lot Size 4,791 Sqft
Acres 0.11
Property Sub-Type Duplex
Property Description
Attention investors: welcome to 23-25 S Harris Ave, a fully turn-key, cash-flowing side-by-side duplex on Indianapolis' high-growth near-west side where gross rents exceed the 1% rule from day one! Delivering $2,290/mo in total income (Unit 23 at $1,265/mo, Unit 25 at $1,025/mo, both month-to-month), this asset features low landlord overhead with all utilities separately metered and paid by the tenants. Perfectly situated just 10 minutes from Downtown Indy, IU campus, four major west-side hospitals, the Indianapolis Motor Speedway, and blocks from the new Elanco Global HQ, White River State Park, and the Indy Zoo, tenant demand remains exceptionally strong. Both units feature identical modern updates including durable LVP flooring in main living areas, cozy carpet upstairs, and redone kitchens boasting crisp white shaker cabinets. Both have central heating/air. Unit 23 offers a 3-bed/1-bath layout while Unit 25 offers 3-bed/1.5-baths. Welcomed by a charming covered front porch, this 1910 build combines classic character with key capital improvements, including a roof estimated at just 5 years old. An ideal portfolio add with immediate cash flow and substantial long-term appreciation potential! Professional management in place for a seamless ownership transfer (if desired).
Location
State IN
County Marion
Interior
Heating Forced Air
Cooling Central Air
Fireplace N
Exterior
View Y/N false
Roof Type Asphalt
Building
Story Two
Architectural Style Traditional
New Construction false
Schools
School District Indianapolis Public Schools
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