733 W 25th Street, Indianapolis, IN 46208
Local realty services provided by:Schuler Bauer Real Estate ERA Powered



733 W 25th Street,Indianapolis, IN 46208
$129,900
- - Beds
- - Baths
- - sq. ft.
- Multi-family
- Pending
Listed by:charlene gaard
Office:no limit real estate, llc.
MLS#:22035182
Source:IN_MIBOR
Price summary
- Price:$129,900
About this home
Don't miss this exciting investment opportunity to own a vacant duplex at 733 W 25th St in the heart of Indianapolis! This upstairs/downstairs duplex offers endless flexibility for a savvy investor or owner-occupant. The main level features 2 spacious bedrooms, 1 full bath, and a functional layout, while the upstairs unit includes 1 bedroom plus a bonus room-perfect for a home office, second bedroom, or creative space. Both units are completely vacant and ready for immediate updates, offering a blank canvas to maximize rental potential. Market rent projections are approximately $1,100/month for the lower unit and $850/month for the upper unit, generating an estimated $1,950/month or $23,400/year in gross rental income. All utilities are separately metered, allowing tenants to cover their own electric and gas bills-owner currently pays for water and sewer, which runs approximately $120 per month. This setup helps minimize owner overhead-a major plus for investors! Annual property taxes are only $1,498, with estimated insurance costs of $600/year, and professional property management is projected at 10% of collected rents. Based on current projections, this duplex could deliver a strong 13.1% proforma cap rate, offering excellent cash flow potential. Located near downtown Indianapolis, Riverside Park, I-65, and other major conveniences, this property is ideally positioned for tenant demand and future growth. Live in one unit and rent the other, or lease both units for maximum returns. Bring your vision and turn this versatile property into a high-performing asset today!
Contact an agent
Home facts
- Year built:1920
- Listing Id #:22035182
- Added:104 day(s) ago
- Updated:July 15, 2025 at 11:40 PM
Structure and exterior
- Year built:1920
- Lot area:0.09 Acres
Finances and disclosures
- Price:$129,900
New listings near 733 W 25th Street
- New$309,900Active3 beds 2 baths1,545 sq. ft.
7515 Davis Lane, Indianapolis, IN 46236
MLS# 22052912Listed by: F.C. TUCKER COMPANY - New$590,000Active4 beds 4 baths3,818 sq. ft.
7474 Oakland Hills Drive, Indianapolis, IN 46236
MLS# 22055624Listed by: KELLER WILLIAMS INDY METRO S - New$256,750Active2 beds 2 baths1,024 sq. ft.
7366 Harbour, Indianapolis, IN 46240
MLS# 22055862Listed by: UNITED REAL ESTATE INDPLS - New$629,900Active3 beds 3 baths2,326 sq. ft.
921 Justine Circle E, Indianapolis, IN 46234
MLS# 22056004Listed by: EXP REALTY, LLC - New$99,900Active2 beds 2 baths905 sq. ft.
10057 Dedham Drive, Indianapolis, IN 46229
MLS# 22056313Listed by: COMPASS INDIANA, LLC - New$166,000Active3 beds 2 baths1,104 sq. ft.
894 S Auburn Street, Indianapolis, IN 46241
MLS# 22056456Listed by: J S RUIZ REALTY, INC. - Open Sat, 12 to 2pmNew$515,000Active3 beds 2 baths2,372 sq. ft.
5756 Norwaldo Avenue, Indianapolis, IN 46220
MLS# 22056556Listed by: @PROPERTIES - New$339,900Active4 beds 3 baths2,318 sq. ft.
6115 Redcoach Court, Indianapolis, IN 46250
MLS# 22056711Listed by: KELLER WILLIAMS INDPLS METRO N - New$279,000Active2 beds 2 baths1,847 sq. ft.
5201 Hawks Point Road, Indianapolis, IN 46226
MLS# 22056748Listed by: F.C. TUCKER COMPANY - New$699,000Active4 beds 4 baths3,967 sq. ft.
6065 Gladden Drive, Indianapolis, IN 46220
MLS# 22056795Listed by: CARPENTER, REALTORS