$220,000

1073 W 27th Street, Indianapolis, IN 46208

  • Property Icon Duplex
  • Property Year Built Icon Built in 1900
  • Property Lot Size Icon3,920sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 21 days ago

Property Description

Exceptional Duplex Investment - Rebuilt in 2019 Near IU Med & Downtown Indy! --- Originally built in the early 1900s and completely reconstructed down to the foundation in 2019, this modern duplex offers the charm of a historic neighborhood with the comfort of a nearly new home. Each side features 2 bedrooms, 1.5 baths, open-concept living, updated kitchens, and separate utilities including individual HVAC systems, electric/gas meters, and rear entries. The exterior showcases low-maintenance vinyl siding, covered front porch, and off-street parking. --- Located just 5 minutes from IU Health, Methodist, Eskenazi Hospital, and the VA Medical Center - and only 10 minutes to downtown Indianapolis - this property provides incredible convenience for professionals, students, and healthcare workers alike. Within 2 blocks you'll find the new Eskenazi Neighborhood Health Center and the new U.S. Post Office, plus easy access to major highways, parks, and public transit. --- Each unit is currently rented month-to-month for $1,000 per side, offering immediate income potential and flexibility for investors or owner-occupants. Situated just minutes from Butler University and the IUPUI campus, this duplex sits in a rapidly growing redevelopment and strong rental demand. Whether you're seeking a turnkey addition to your portfolio or a smart house hack opportunity, this rebuilt property delivers modern efficiency, a prime location, and steady cash flow.

Listing Status:
Active
Listing Office:
RE/MAX Advanced Realty : 317-775-8600
Listing Agent:
Jeffrey Cloyd : 317-775-8600
MLS ID:
22076185
  • A/C: Central Air
  • Heating: Natural Gas
  • General: Not Applicable
  • Style: Traditional
  • Parking: Alley AccessGravel
  • Roofing: Asphalt
  • General: TwoBlock
  • Road/Access: City Street
  • Originating MLS: mibor
  • School District: Indianapolis Public Schools
  • County: Marion
  • Zoning: Braden Et Al North Indpls Add L19 B23490627108122000101
  • Current Use: Apt<20Residential
  • Source: mibor

This listing courtesy of Jeffrey Cloyd, RE/MAX Advanced Realty

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

G

George Washington Carver Montessori School 87

2411 Indpls Ave, Indianapolis, IN, 46208

Grades PK-8

0.73 miles away

G

George Washington Carver Montessori School 87

2411 Indpls Ave, Indianapolis, IN, 46208

Grades PK-8

0.73 miles away

G

George Washington High School

2215 W Washington St, Indianapolis, IN, 46222

Grades 9-12

2.95 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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