422-424 Villa Avenue, Indianapolis, IN 46201

Indianapolis
Local realty services provided by:Schuler Bauer Real Estate ERA Powered
422-424 Villa Avenue,Indianapolis, IN 46201
$199,900
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Sold
Listed by: trent kiester
Office: @properties
MLS#:22087633
Source:IN_MIBOR

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Price summary

  • Price:$199,900

About this home

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.

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Home facts

  • Year built:1920
  • Listing ID #:22087633
  • Added:57 day(s) ago
  • Updated:May 02, 2026 at 06:53 AM

Heating and cooling

  • Cooling:Central Electric
  • Heating:Forced Air
  • Central air:Yes

Structure and exterior

  • Roof:Composition
  • Year built:1920
  • Architectural Style:Bungalow
  • Construction Materials:Vinyl Siding
  • Foundation Description:Crawl Space

Finances and disclosures

  • Price:$199,900
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