932 - 934 N Leland AVE N new

Indianapolis,IN 46219

$ 160000

- Bed

- Bath

- SqFt


Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Subdivision No Subdivision

MLS Listing ID 22069504

Year Built 1941

Tax Year 2025

Lot Size 6,098 Sqft

Property Sub-Type Duplex

Property Description

Move-in ready duplex just minutes from Downtown Indianapolis and the heart of Irvington! One side is vacant with a projected market rent of $775-$800/month, while the other is leased at $725/month through May 31, 2026, providing immediate, stable income. Each unit includes an electric range, refrigerator, gas furnace, electric water heater, and central air, all professionally managed for ease of ownership. Tenants pay all utilities and handle yard maintenance, while mowing is covered by management. The property is non-smoking, pet-free, and features an unfinished basement and street parking. Whether you're an investor seeking reliable cash flow or an owner-occupant looking for an affordable start, this duplex offers both steady returns and prime location appeal in one of Indy's most convenient corridors.

Location

State IN

County Marion

Zoning RES

Interior

Heating Forced Air

Cooling Central Air

Building

Story One

Foundation Block

Structure Type Brick

New Construction false

Schools

School District Indianapolis Public Schools

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