Awesome Duplex in the Heart of Indy's Promise Zone!

[Amie Lieurance]

Check out this awesome duplex on the near eastside in the heart of Indy's Promise Zone. Both sides are currently occupied but 619 side will be vacant at closing. The property has a newer roof, windows and new siding on all but one side. It is also on separate meters.

This multi-family home has been cash flowing at $1400 per month. The tenant in the 617 side is Section 8, paying $707 per month and would like to stay. The current owner has made updates to remain Section 8 compliant.

The 619 side will be vacant but is currently occupied. You can rehab this side to add another Section 8 tenant to cash flow at $1400 again!!

3/1 Duplex comps within 0.25 mile over last 12 months:
562 N Oxford - SOLD $65k only 7 days on market!!
617 N Parker - SOLD $92,500

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