24 S Euclid Avenue, Indianapolis, IN 46201

$120,000

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List Price
$120,000
Price Change
▼ $9,000 1782318735
MLS#
22066065
Days on Market
299
Status
ACTIVE

Property Description

Fully leased duplex with in-place income in Christian Park. This 2 bed / 1 bath per unit duplex sits just five miles east of downtown Indianapolis. Both units are leased month-to-month, one at $900/month and one at $800/month, generating $1,700 in combined monthly rental income and $20,400 in gross annual income. With both leases on a month-to-month basis, there's flexibility to adjust rents toward market rates as you take over. Valuable updates are already in place, including a new roof, siding, and gutters (2022), newer HVAC and central air, updated laminate flooring, tiled showers, and a new water heater (2025). Whether you're building a rental portfolio or adding a turnkey, income-producing asset, this is a great opportunity to own cash flow with upside in one of Indianapolis' most convenient east-side neighborhoods. Property is being sold as-is.

Additional Information

Acres
0.13
Cooling
Central Air
Region
Center

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