Listed by Max Moore • @properties

$143,750

Est. payment -/mo

$149,999

4.2%

Est.Price: ?

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1245 N Tremont ST Indianapolis, IN 46222

5,662 Sqft Lot

SOLD DATE : 05/13/2025

Key Details

Sold Price $143,750

Property Type Multi-Family

Sub Type Duplex

Listing Status Sold

Purchase Type For Sale

Subdivision No Subdivision

MLS Listing ID 22025240

Sold Date 05/13/25

Year Built 1920

Tax Year 2023

Lot Size 5,662 Sqft

Acres 0.13

Property Sub-Type Duplex

Property Description

This turnkey duplex presents an incredible investment opportunity with a steady stream of income, currently managed by BHB Management. Perfect for investors looking for a cash-flowing property, this updated duplex features two 2-bedroom, 1-bathroom units generating a total of $1,774 per month in rental income. The downstairs unit rents for $899, while the upstairs unit is leased for $750. Recent updates include new LVP flooring and replaced windows, ensuring a move-in-ready investment. The upstairs unit operates on all-electric utilities, while the downstairs unit utilizes electric, gas, and water. Located within walking distance of the iconic Long's Bakery, this property offers a strong rental opportunity & investment.