1903 Patton DR, Indianapolis, IN 46224
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1903 Patton DR, Indianapolis, IN 46224
1903 Patton DR, Indianapolis, IN 46224
1903 Patton DR, Indianapolis, IN 46224
1903 Patton DR, Indianapolis, IN 46224
Listed by Craig Deboor • Real Broker, LLC

$294,000

Est. payment /mo

$300,000

2.0%
Est.Price: ?

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1903 Patton DR Indianapolis, IN 46224

0.28 Acres Lot

SOLD DATE : 09/09/2026

Key Details

Sold Price $294,000

Property Type Multi-Family

Sub Type Duplex

Listing Status Sold

Purchase Type For Sale

Subdivision Bakers Walnut Grove

MLS Listing ID 22114082

Sold Date 09/09/26

Year Built 1951

Tax Year 2025

Lot Size 0.280 Acres

Acres 0.28

Property Sub-Type Duplex

Property Description

Turnkey Speedway Duplex - Investor's Dream in a Prime Location Don't miss this fantastic investment opportunity in one of the most desirable pockets of Speedway! This full brick, low-maintenance duplex (complete with gutter guards) offers the kind of durability and curb appeal investors love - minimal upkeep means more time focusing on your bottom line. One side has been recently refreshed with new laminate flooring and fresh paint, making it move-in ready for a new tenant or owner-occupant looking to house-hack. The other side offers great bones and upside potential for the next owner to add value. Each unit comes with its own dedicated space in the 2-car detached garage, complete with separate doors - a huge tenant perk that supports strong retention and premium rents. With a potential combined rental income of $2,400/month, this property offers a compelling cap rate in a location known for steady demand, thanks to its proximity to the Speedway community, employment centers, and everyday conveniences. Whether you're growing your rental portfolio or starting your investment journey, this brick duplex checks all the boxes: location, low maintenance, tenant-friendly features, and immediate income potential. Schedule your showing today - properties like this in Speedway don't last long!

Location

State IN

County Marion

Interior

Fireplace N

Exterior

Exterior Feature Gutter Guards

Garage Spaces 2.0

Roof Type Fiberglass

Building

Story One

New Construction false

Schools

Middle Schools Speedway Junior High School

High Schools Speedway Senior High School

School District School Town Of Speedway

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