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Updated almost 4 years ago on . Most recent reply
indianapolis duplex sold
I bought a duplex on the east side of indy, in emerson heights in 2014. I battled tenant quality issues year after year. This was the only indy duplex I ended up buying, as it was highly recommended on this board to stay away. I have to say much of that is true. I paid 59k through a land contract in 2014, and sold for 93k a month ago. not as much as I would of hoped for, but multifamilies don't seem to appreciate all that much in indy. This was a 3/1 each side duplex. Anybody have their pulse on selling prices of these older duplexes in the emerson heights area?
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The fact that you made $34k in 6 years is nothing to sneeze at while paying down your note. Good work!