$339,000

1622 Yandes Street, Indianapolis, IN 46202

Duplex
Built in 1910
5,663sqft lot
—— car garage
$——/sqft
Listed 13 days ago

Property Description

Welcome to 1622-1624 Yandes Street, a rock-solid, side-by-side Traditional American Foursquare duplex located in the heart of the explosive Monon 16/Kennedy-King corridor! If you've been looking for a way to let your property pay for itself, THIS IS IT. GUARANTEED INCOME FROM DAY ONE: Forget the stress of hunting for tenants. Unit 1624 is already leased through April 2027. That is a stable, reliable cash flow hitting your bank account the moment you leave the closing table. THE HOUSE-HACKER'S DREAM: Unit 1622 is move-in ready and waiting for you! It features 2 spacious bedrooms, 1 updated bathroom, and that classic Indy charm with historic trim and large windows. Live on this side and let the neighbor pay the bulk of your mortgage, or rent it out at market rates to maximize your ROI! VALUE-ADD POTENTIAL: While this beauty is already performing, there is still room to grow! Bring a little "elbow grease" to Unit 1622, a fresh coat of modern paint or a flooring update, and watch your equity and rental potential soar in this high-appreciation zip code. SEPARATE UTILITIES: Water, sewer, electric, and gas are all individually metered. Tenants pay their own bills, the ultimate landlord's "easy button!" LOCATION IS KING: You are steps from the Monon Trail, Provider Coffee, the Alchemist, and just minutes from the glitz of Mass Ave and Bottleworks. WALKABLE & BIKEABLE: High-demand area for urban professionals who want to be near the action. Properties in 46202 with this kind of math and "house-hacking" versatility are disappearing fast. Opportunities like this don't knock twice, don't look back and wish you'd moved sooner!

Listing Status:: Active
Data Last Updated:: April 2, 2026 at 12:17PM
Listing Office:: Resolute Realty : 317-909-6753
Listing Agent:: Dana Rivers : 317-909-6753
MLS ID:: 22090237

Laundry: Common LaundryMain LevelSink
Basement: CellarPartialUnfinished
A/C: Central Air
Heating: Forced AirNatural Gas

Style: Traditional
Parking: On Street

Roofing: Asphalt
General: TwoBlock

Road/Access: City Street
Originating MLS: mibor
School District: Indianapolis Public Schools
County: Marion

Zoning: S A Fletcher Jr N E Add L25 B2490731213337000101
Fencing: Chain Link
Current Use: Residential

Source: mibor

This listing courtesy of Dana Rivers , Resolute Realty

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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Location

Schools Nearby

Center For Inquiry School 27

545 E 19th St, Indianapolis, IN, 46202

Grades PK-8

0.53 miles away

Center For Inquiry School 27

545 E 19th St, Indianapolis, IN, 46202

Grades PK-8

0.53 miles away

Arsenal Technical High School

1500 E Michigan St, Indianapolis, IN, 46201

Grades 9-12

0.92 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.