4710 E Michigan Street, Indianapolis, IN 46201

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4710 E Michigan Street,Indianapolis, IN 46201
$169,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by:dana holt
Office:keller williams indpls metro n
MLS#:22044294
Source:IN_MIBOR

Price summary

  • Price:$169,000

About this home

Turnkey Duplex Investment Opportunity. Ideal for investors or owner-occupants, this duplex offers immediate cash flow and long-term value. Listed at $189,000, it qualifies for the 1% rule with potential rental income of $1,900/month when both sides are leased at $950/month. The 4712 unit is currently rented at $950/month, providing stable income, while 4710 is vacant and move-in ready-perfect for attracting a new tenant or for an owner looking to live on one side and rent the other. Recent updates include: new roof (2023), new gas water heater on the 4710 side, new carpet throughout 4710 side. Each side offers 2 bedrooms, 1 bath, and comfortable living space. Located just minutes from downtown Indy, this property is positioned in a high-demand rental area with excellent upside potential. Don't miss your chance to own a solid duplex in a growing neighborhood!

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Home facts

  • Year built:1920
  • Listing Id #:22044294
  • Added:64 day(s) ago
  • Updated:July 16, 2025 at 03:39 PM

Heating and cooling

  • Cooling:Central Electric

Structure and exterior

  • Roof:Asphalt
  • Year built:1920
  • Lot area:0.07 Acres

Finances and disclosures

  • Price:$169,000