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Listed by Colton Haymon • @properties
$ 120,000
Est. payment /mo
Active
24 S Euclid AVE Indianapolis, IN 46201
5,662 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Subdivision Haywoods Boulevard
MLS Listing ID 22066065
Year Built 1924
Tax Year 2024
Lot Size 5,662 Sqft
Acres 0.13
Property Sub-Type Duplex
Property Description
Sharpened pricing and real upside in Christian Park. This 2 bed / 1 bath per unit duplex sits just five miles east of downtown Indianapolis. One unit is leased month-to-month at $900; the second sits vacant and ready to lease, giving you immediate income with room to stabilize. At $900 per side, the numbers pencil to an 11%+ projected cap rate with strong debt coverage under current financing. The expensive work is already behind you: new roof, siding, and gutters (2022), newer HVAC and central air, updated laminate flooring, tiled showers, and a new water heater (2025). That means investors and owner-occupants step in with reduced near-term maintenance exposure and a clear path to value. Sold as-is.
Location
State IN
County Marion
Interior
Cooling Central Air
Fireplace N
Building
Structure Type Vinyl Siding
New Construction false
Schools
School District Indianapolis Public Schools
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Mia Chatman
Broker/Owner | License ID: RB17000298