516 N Dearborn ST Active Save Request In-Person Tour Request Virtual Tour
Indianapolis,IN 46201
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Subdivision Englewood
MLS Listing ID 22032011
Year Built 1900
Tax Year 2024
Lot Size 4,356 Sqft
Property Sub-Type Duplex
Property Description
Fully rented duplex investment opportunity! This updated duplex features two spacious 3-bedroom, 1-bathroom units, each thoughtfully upgraded for modern living. Both units boast renovated kitchens and bathrooms, luxury vinyl plank (LVP) flooring, and new furnaces. Tenants appreciate the private yards and off-street parking. This property is an income generator with long-term tenants already in place. Unit 516 is currently rented at $1,100 per month through 11/30/2025, while Unit 518 brings in $1,250 per month through 08/30/2025-providing a combined monthly rental income of $2,350. Whether you're a seasoned investor or just starting your portfolio, this duplex offers immediate cash flow and peace of mind with quality upgrades throughout. Don't miss your chance to own this ready-to-go property!
Location
State IN
County Marion
Interior
Heating Forced Air,Natural Gas
Cooling None
Exterior
View Y/N false
Roof Type Shingle
Building
Story Two
New Construction false
Schools
School District Indianapolis Public Schools