609 N Denny Street, Indianapolis, IN 46201

Indianapolis
Local realty services provided by:Schuler Bauer Real Estate ERA Powered
609 N Denny Street,Indianapolis, IN 46201
$154,900
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Pending
Listed by: ryan boyd, mina kadhum
Office: trueblood real estate
MLS#:22127793
Source:IN_MIBOR | Licensed in Indiana

Price summary

  • Price:$154,900

About this home

Add to your rental portfolio or live in one side while renting out the other! This Grace Tuxedo duplex offers two 2-bedroom, 1-bath units with approximately 784 square feet per side and off-street parking. One side received a turnkey renovation in 2026 and is vacant and ready to lease or occupy, while the other is currently leased at $750/month through March 31, 2027. Estimated market rents of approximately $850-$950 per side offer potential for increased rental income over time, subject to existing lease terms and market conditions. Additional improvements include a new roof and water heater installed in 2022, per the seller. Nearby investment includes IndyGo's Blue Line along Washington Street, currently under construction with service anticipated in late 2028 and planned roadway, sidewalk and transit improvements throughout the corridor. A solid opportunity to generate income now with room for future upside.

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Home facts

  • Year built:1925
  • Subdivision & Development:Winmar Place
  • Listing ID #:22127793
  • Added:47 day(s) ago
  • Updated:November 10, 2026 at 08:47 AM

Rooms and interior

  • Basement:Yes
  • Basement Description:Basement, Unfinished

Heating and cooling

  • Heating:Forced Air

Structure and exterior

  • Year built:1925
  • Lot area:0.12 Acres
  • Lot Features:Sidewalks
  • Architectural Style:Bungalow
  • Construction Materials:Cement Siding
  • Foundation Description:Block

Finances and disclosures

  • Price:$154,900
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