$199,900

422-424 Villa Avenue, Indianapolis, IN 46201

  • Property Icon Duplex
  • Property Year Built Icon Built in 1920
  • Property Lot Size Icon4,356sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 6 days ago

Property Description

Turnkey investment opportunity in the heart of Indianapolis! This fully occupied duplex offers immediate cash flow with a gross monthly income of $2,465. Each unit is 1 bed 1 bath providing comfortable living spaces that appeal to long-term tenants, making this property an excellent addition to a rental portfolio or a great option for investors seeking steady income. With both units currently leased, the next owner can step right into an income-producing property from day one. Located in an established area of Indianapolis with convenient access to downtown and major commuter routes, this duplex benefits from strong rental demand and ongoing neighborhood growth.

Listing Status:
Active
Data Last Updated:
March 11, 2026 at 2:19PM
Listing Office:
@properties : 317-650-6289
Listing Agent:
Trent Kiester : 317-650-6289
MLS ID:
22087633
  • Laundry: Connections Some
  • A/C: Central Air
  • Heating: Forced Air
  • Style: Bungalow
  • Parking: On Street
  • Roofing: Composition
  • General: OneCrawl Space
  • Road/Access: City Street
  • Originating MLS: mibor
  • School District: Indianapolis Public Schools
  • County: Marion
  • Zoning: State Square Add L149491007205109000101
  • Fencing: Partial
  • Current Use: Residential
  • Source: mibor

This listing courtesy of Trent Kiester , @properties

Monthly Payment

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

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Location

Schools Nearby

W

William McKinley Elementary School 39

1733 Spann Ave, Indianapolis, IN, 46203

Grades PK-6

0.15 miles away

L

Longfellow STEM Magnet Middle School

510 Laurel St, Indianapolis, IN, 46203

Grades 7-8

0.49 miles away

A

Arsenal Technical High School

1500 E Michigan St, Indianapolis, IN, 46201

Grades 9-12

1.17 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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