2433 N Kenwood Avenue, Indianapolis, IN 46208

• 3 beds |
• 2 baths |
• 2,672 sqft

Property Description

Excellent opportunity for both investors and owner-occupants with this duplex offering income potential and flexibility. Live in one unit while renting the other, or lease both for immediate cash flow. The lower unit (2435) features 1 bedroom and 1 bathroom, while the upper unit (2433) offers 2 bedrooms and 1 bathroom. The property includes a spacious backyard with convenient alley access. Unit 2433 received a new A/C unit in April 2026. Both units are currently leased, providing immediate rental income, with rents below market and the opportunity to increase rental income over time. All utilities are separately metered except for water, which can be separately metered. Conveniently located less than one mile from The Children's Museum and I-65, the property is situated in an area experiencing ongoing revitalization, making it an attractive opportunity for both investors and future owner-occupants.

Listing Status:

Active

Data Last Updated:

August 24, 2026 at 7:18AM

Listing Office:

Rize Commercial Realty LLC : 317-657-9985

Listing Agent:

Karanjod Cheema : 317-657-9985

MLS ID:

22116616

Interior

• General: Hardwood Floors
• Appliances: Other
• A/C: Central Air
• Heating: Natural Gas

Exterior

• Style: Traditional
• Other Structures: Covered
• Parking: Alley Access

Construction

• General: TwoConcrete Perimeter

Location

• Originating MLS: mibor
• School District: Indianapolis Public Schools
• County: Marion

Lot

• Zoning: Beck Sub Rhodes N Ill St L7 B3490626156004000101

Utilities

• Water: Public

Financial

• Source: mibor