$199,900
$199,900
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422-424 Villa AVE Indianapolis, IN 46201
4,356 Sqft Lot
Key Details
Sold Price $199,900
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Subdivision State Square
MLS Listing ID 22087633
Sold Date 04/20/26
Year Built 1920
Tax Year 2024
Lot Size 4,356 Sqft
Acres 0.1
Property Sub-Type Duplex
Property Description
Turnkey investment opportunity in the heart of Indianapolis! This fully occupied duplex offers immediate cash flow with a gross monthly income of $2,465. Each unit is 1 bed 1 bath providing comfortable living spaces that appeal to long-term tenants, making this property an excellent addition to a rental portfolio or a great option for investors seeking steady income. With both units currently leased, the next owner can step right into an income-producing property from day one. Located in an established area of Indianapolis with convenient access to downtown and major commuter routes, this duplex benefits from strong rental demand and ongoing neighborhood growth.
Location
State IN
County Marion
Interior
Heating Forced Air
Cooling Central Air
Fireplace N
Exterior
Roof Type Composition
Building
Story One
Foundation Crawl Space
Architectural Style Bungalow
Structure Type Vinyl Siding
New Construction false
Schools
School District Indianapolis Public Schools
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© 2026 All listing information is courtesy of MIBOR Broker Listing Cooperative(R) as distributed by MLS Grid. All rights reserved.