1204-1206 Hoyt Avenue, Indianapolis, IN 46203
Local realty services provided by:Schuler Bauer Real Estate ERA Powered
1204-1206 Hoyt Avenue,Indianapolis, IN 46203
$325,000
- - Beds
- - Baths
- - sq. ft.
- Multi-family
- Active
Listed by:sarah jane johnson
Office:f.c. tucker company
MLS#:22067683
Source:IN_MIBOR
Price summary
- Price:$325,000
About this home
Exceptional investment opportunity in the heart of Fountain Square: An updated duplex that promises both immediate income, instant equity and long-term appreciation. This property is not just a building; it's a gateway to the thriving urban lifestyle, ideally situated near iconic Indianapolis landmarks (.4 mile to Fountain Square, 1.2 mile to Gainbridge Fieldhouse, and 1.4 mile to Lucas Oil Stadium). With recent upgrades including New Siding (2025), complete Kitchen and Bathroom remodel on one side (2025), & newer HVAC, this duplex is move-in ready. The meticulously updated short term rental side (1204) with main floor bedroom and 1.5 baths, offers a new loft with a robust income stream. The other side (1206) provides potential for updates, and has a long term tenant for $1100 per month. An appraisal in August 2025 values the property at $340,000 confirming its significant value. Whether your buyer is looking to house hack, needs a turn-key rental, or wants a strategic addition to their portfolio, this property delivers. All furniture in unit 1204 is negotiable. PLEASE DO NOT DISTURB OCCUPANTS. Tenant rights.
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Home facts
- Year built:1870
- Listing ID #:22067683
- Added:1 day(s) ago
- Updated:October 13, 2025 at 08:41 PM
Heating and cooling
- Cooling:Central Electric, Wall Unit(s), Window Unit(s)
- Heating:Forced Air
Structure and exterior
- Roof:Asphalt
- Year built:1870
- Lot area:0.09 Acres
Schools
- High school:Arsenal Technical High School
- Middle school:HW Longfellow Med/STEM Magnet Midl
- Elementary school:William McKinley School 39
Utilities
- Water:Water
- Sewer:Separate Sewer Meter, Sewer
Finances and disclosures
- Price:$325,000
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