2409 N Bolton Avenue, Indianapolis, IN 46218

Property Description

Brick two-unit duplex on Indianapolis' near east side, offered at $189,999. Built in 1956, each unit features two bedrooms and one bathroom. The building was rehabbed in 2019-2020 with new flooring, drywall, and water heaters, and the roof was replaced within the last six to seven years. One unit participates in the Housing Choice Voucher program, with a portion of the monthly rent paid directly by the housing authority. Both units are occupied by tenants with multi-year tenure and consistent payment histories. The property averages one to two maintenance calls per year and tenants pay their own utilities. An education center is located directly behind the building, supporting sustained rental demand in this corridor, which is minutes from downtown Indianapolis. One of thirteen buildings in a 17-unit Indianapolis rental portfolio available individually or as a package. Current rent roll, executed leases, and Housing Assistance Payments contract available upon request. Property sold as-is.