USAINIndianapolisWoods Oakland Park819-817-819 N Dearborn St

819-817-819 N Dearborn St, Indianapolis, IN

Name: 819 - 817-819 N Dearborn St, For Sale in Indianapolis - Zoocasa
Brand: @properties
SKU: 22132151
Price: 190000 USD

Real Estate

For Sale

Listed price in listed location currency (USD).

$190,000

000

MLS® 22132151

Overview

Key Facts

Type Duplex

Levels Residential Income

Size -

Garage No

Taxes

Days Active 1

Lot Size 0.10999999940395355 Acres

Approx. Age 1900

MLS® Number 22132151

Property Address: 819-817-819 N Dearborn St, Indianapolis, IN, 46201-2419

Average square foot calculated using Size range provided by listing agent.

Description

Cash-flowing duplex in Indianapolis offered at just $190, 000! This income-producing property offers an excellent opportunity for investors looking to expand their portfolio with a property that exceeds the 1% rule. Both units are currently tenant-occupied, generating a combined scheduled rental income of $2, 125 per month ($25, 500 annually), representing a 1.12% monthly rent-to-price ratio. Unit 817 rents for $1, 025/month, while Unit 819 rents for $1, 100/month. Both leases have transitioned to month-to-month, offering the next owner flexibility with future leasing decisions. Whether you're an experienced investor looking to add another cash-flowing asset or just getting started building your rental portfolio, this duplex offers an attractive entry point with existing tenants and income already in place. At this price point, the numbers are worth a closer look!

MLS® Number22132151

Laundry LevelConnections All

Central VacNo

FireplaceNo

Acreage0.11

Exterior

GarageNo

Approx. Age1900

Basement

Driveway

Garage Spaces

Heat

A/C

Extras

Map

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