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Listed by Miguel Rodriguez • Keller Williams Indy Metro S
$ 299,999
Est. payment /mo
Pending
7501 E Troy AVE Indianapolis, IN 46239
0.5 Acres Lot
UPDATED:
03/10/2025 12:51 PM
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Pending
Purchase Type For Sale
Subdivision No Subdivision
MLS Listing ID 22020572
Year Built 1973
Tax Year 2023
Lot Size 0.500 Acres
Acres 0.5
Property Sub-Type Duplex
Property Description
An incredible investment opportunity in Franklin Township! This beautifully maintained duplex is in immaculate condition. Ready to be owner-occupied. The area market shows a potential monthly rent range of $1295 per unit. This turn-key ready duplex boasts two identical units, each offering a well-appointed living space, featuring 2 bedrooms and 1 bathroom per unit. Each unit is thoughtfully designed with its private driveway, along with a convenient storage shed and washer/dryer. Recent renovations in 2025 have elevated this property to modern standards, ensuring comfort and style for tenants and owners alike. Upgrades include: SS appliances and brand new luxury vinyl plank (LVP) flooring. Completely remodeled with contemporary finishes new cabinets and Quartz countertops. All new interior paint for a crisp, updated appearance. New PEX plumbing supply lines, PVC drain pipes, recent replacements of electrical panels and water heaters (within the last 5 years) New ceiling fans, and new front and back entry doors. A vapor barrier has been installed to enhance the property's longevity. The Dimensional shingle roof was installed in late 2024. The oversized lot offers ample space for future expansion. Consider adding a garage or accessory building, or explore the potential to split the parcel and develop a separate single-family residence (SFR). The duplex is equipped with separately metered electric and gas utilities, Whether you're looking to generate consistent rental income or seeking a home that offers additional income potential, this duplex has it all.
Location
State IN
County Marion
Interior
Cooling Central Electric
Fireplace N
Exterior
Roof Type Shingle
Building
Story One
Architectural Style TraditonalAmerican
Structure Type Brick
New Construction false
Schools
School District Franklin Township Com Sch Corp
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