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Listed by Dana Holt • Keller Williams Indpls Metro N
$189,000
Est. payment /mo
3,049 Sqft Lot
Pending
4710 E Michigan ST Indianapolis, IN 46201
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Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Pending
Purchase Type For Sale
Subdivision Emerson Heights West Section
MLS Listing ID 22044294
Year Built 1920
Tax Year 2024
Lot Size 3,049 Sqft
Acres 0.07
Property Sub-Type Duplex
Property Description
Turnkey Duplex Investment Opportunity. Ideal for investors or owner-occupants, this duplex offers immediate cash flow and long-term value. Listed at $189,000, it qualifies for the 1% rule with potential rental income of $1,900/month when both sides are leased at $950/month. The 4712 unit is currently rented at $950/month, providing stable income, while 4710 is vacant and move-in ready-perfect for attracting a new tenant or for an owner looking to live on one side and rent the other. Recent updates include: new roof (2023), new gas water heater on the 4710 side, new carpet throughout 4710 side. Each side offers 2 bedrooms, 1 bath, and comfortable living space. Located just minutes from downtown Indy, this property is positioned in a high-demand rental area with excellent upside potential. Don't miss your chance to own a solid duplex in a growing neighborhood!
Location
State IN
County Marion
Rooms
Basement Unfinished
Interior
Fireplace N
Exterior
Roof Type Asphalt
Building
Story Two
Foundation Block
Architectural Style TraditonalAmerican
Structure Type Vinyl With Brick
New Construction false
Schools
School District Indianapolis Public Schools
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