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Updated almost 4 years ago on . Most recent reply

User Stats

346
Posts
93
Votes
Gabe G.
  • Greenwood, IN
93
Votes |
346
Posts

indianapolis duplex sold

Gabe G.
  • Greenwood, IN
Posted

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? 

Most Popular Reply

User Stats

1,193
Posts
586
Votes
Nick Giulioni
  • Rental Property Investor
  • Carmel, IN
586
Votes |
1,193
Posts
Nick Giulioni
  • Rental Property Investor
  • Carmel, IN
Replied

The fact that you made $34k in 6 years is nothing to sneeze at while paying down your note. Good work!

  • Nick Giulioni
  • Loading replies...