422-424 Villa Avenue, Indianapolis, IN 46201
- $199,900
- Sold Price
- $199,900
- List Price
- $199,900
- Closing Date
- Apr 20, 2026
- MLS#
- 22087633
- Days on Market
- 46
- Status
- SOLD
Property Description
Turnkey investment opportunity in the heart of Indianapolis! This fully occupied duplex offers immediate cash flow with a gross monthly income of $2,465. Each unit is 1 bed 1 bath providing comfortable living spaces that appeal to long-term tenants, making this property an excellent addition to a rental portfolio or a great option for investors seeking steady income. With both units currently leased, the next owner can step right into an income-producing property from day one. Located in an established area of Indianapolis with convenient access to downtown and major commuter routes, this duplex benefits from strong rental demand and ongoing neighborhood growth.
Additional Information
- Tenant Pays
- Other
- Owner Pays
- Other
- Foundation
- Crawl Space
- Stories
- One
- Architecture
- Bungalow
- Acres
- 0.10
- Heat
- Forced Air
- Cooling
- Central Air
- Financing
- Conventional, FHA, VA
- Region
- Center
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Listing courtesy of @properties. Selling Office: eXp Realty LLC.
Information Deemed Reliable But Not Guaranteed. © 2026 MIBOR Broker Listing Cooperative