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Archived over 1 year ago

$135,000

4 bd 2 ba

6148 E 12th St, Indianapolis, IN 46219

Residential SFR

Current Rent **

$2,000

Projected Rent **

$2,000

Estimated Cap Rate *

Pro Only

Estimated Cash on Cash ROI *

Pro Only

Posted By:

Amie Lieurance

👯DOUBLE TROUBLE?? NOT ON THIS ONE...Great All-Brick Duplex in Imperial Estates subdivision!!

Check out this great all-brick 1940 double in Warren Township's Imperial Estates neighborhood. Each side has 2 bedrooms and 1 bathroom and there are several other brick duplexes that have sold in the same area recently so this one comps out nicely. Sitting on over a quarter acre, this could be a great property to add to your portfolio.

The cheapest duplex sold for $160k with month-to-month tenants!!

Recent 1/4 mile duplex sales include:
1213 Taylor - SOLD $160k (2/1 each, 853 sf each, rented to long-term tenants who were month-to-month, 2 DOM)
1254/56 Ridgeview - SOLD $170k AS IS with package below 1258-1272 Ridgeview (2/1 each, 897 sf each, each side rented at $935/month, 28 DOM)
1258/60 Ridgeview and 1270/72 Ridgeview (2 doubles) - SOLD $355k AS IS (2/1 with 895 sf, 2/1 with 895 sf, 3/1 with 1159 sf, 2/1 with 895 sf, 28 DOM)

Please reply for showing information. Do NOT disturb occupants.

Location:

6148 E 12th St, Indianapolis, IN 46219

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* The cap rate and cash on cash return calculations found on BiggerPockets Listings are estimated and designed to be used for informational and educational purposes only, and when used alone, do not constitute investment advice. They assume 3 months worth of expenses and estimate taxes and insurance. BiggerPockets recommends that you seek the advice of a real estate professional before making any type of investment. The results presented may not reflect the actual return of your own investments. BiggerPockets is not responsible for the consequences of any decisions or actions taken in reliance upon or as a result of the information provided by these tools. Furthermore, BiggerPockets is not responsible for any human or mechanical errors or omissions.

** Current rent and projected rent are provided by the lister.

† Rental comps are pulled by looking at property characteristics (beds, baths, structure type), date the rent listing was captured, and proximity to the searched location.

‡ Confidence levels range from low to very high. Confidence is determined by the number of recent and relevant comparable properties for any given search. A very high confidence level indicates a high number of recent and similar rental listings.