4918 E New York Street, Indianapolis, IN 46201

Local realty services provided by:Schuler Bauer Real Estate ERA Powered
4918 E New York Street,Indianapolis, IN 46201
$170,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by:max moore
Office:@properties
MLS#:22037439
Source:IN_MIBOR

Price summary

  • Price:$170,000

About this home

Step into this classic 3-bed, 1-bath duplex and let your investment go to work from day one. One side is rented for $880/month to a dream tenant - the kind who built a backyard deck, planted flowers, keeps the yard pristine, and even takes care of small repairs himself. The other side is vacant, cleaned out, and ready for a cosmetic refresh. Original hardwoods are already exposed, and the layout is solid. Capital expenditures? No problem - electrical, HVAC, and water heater have all been updated, giving you a strong foundation to build on. With light cosmetic updates, rents could easily land in the $1,100-$1,250+ range per side. A clean value-add opportunity in a growing pocket of Indy with income on day one and upside on the horizon.

Contact an agent

contact an agent

Yes, I would like more information from ERA®. Please use and/or share my information with an ERA affiliated agent to contact me about my real estate needs. By clicking Send message, I agree an ERA affiliated agent may contact me by phone or text message including by automated means about real estate services, and that I can access real estate services without providing my phone number. I acknowledge that I have read and agree to theTerms of useandPrivacy notice

Home facts

  • Year built:1920
  • Listing Id #:22037439
  • Added:57 day(s) ago
  • Updated:June 27, 2025 at 03:49 PM

Structure and exterior

  • Year built:1920
  • Lot area:0.14 Acres

Finances and disclosures

  • Price:$170,000