4918 E New York Street, Indianapolis, IN 46201
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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.
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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
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