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Affordable Duplex in Prime Downtown Location

USD $165,995
4614 East 16th Street, Indianapolis, Indiana, 46201, USA
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Property Highlights

  • Cash flow duplex
  • Both units currently rented
  • Great location near shopping
  • Close to dining options
  • Near transportation and interstate
  • Pro forma gross revenue $1750

Overview

Attention all investors, take a look at this affordable cash flow duplex! Experienced investors as well as newer ones often reference the "ONE PERCENT RULE" for analyzing investments. Those properties are true unicorns. Well, you have just found one! Pro forma gross revenue $1750, which means this property may easily be valued at $175,000. Don't pass this rare gem! You are good to go, both sides are currently rented! Great location, close to shopping, dining, transportation, interstate and all that downtown has to offer!
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Property Features

4614 East 16th Street, Indianapolis, Indiana, 46201, USA offers the following features:

Property Type: Residential Multi Family
Status: Active
Reference ID: 22063312

What's Nearby

Local businesses near 4614 East 16th Street, Indianapolis, Indiana, 46201, USA:

Public Transportation: < 1 mile
School: < 1 mile
Grocery/Shopping Center: < 1 mile
Gym: < 1 mile
Hospital: < 1 mile
Police Station: 2 miles

Map

The Local Vibe

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Downtown Canal & Indiana State Museum, Indianapolis Indiana
Downtown Westfield, Indiana
Indianapolis Zoo, Indianapolis Indiana
City Building, Greenwood Indiana
War Memorial, Indianapolis Indiana
Quaker Park, Westfield Indiana

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Listed by: Julie Gibbs
F.C. Tucker Company