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Listed by Max Moore • @properties
$ 148,000
Est. payment /mo
New
926-928 N Leland AVE Indianapolis, IN 46219
6,098 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Subdivision Tuckers E 10Th
MLS Listing ID 22079677
Year Built 1941
Tax Year 2024
Lot Size 6,098 Sqft
Acres 0.14
Property Sub-Type Duplex
Property Description
Investor-ready duplex available as a standalone purchase or together with the identical duplex next door. This property is fully occupied, producing $1,365/month in rent (Unit 926 at $725/month and Unit 928 at $640/month). Tenants pay all utilities, keeping operating expenses low. When purchased with the neighboring duplex, 3 out of 4 total units are currently leased, generating $2,090/month in current rents. Leasing the remaining vacant unit brings total portfolio rents to approximately $2,800/month. Each unit includes an electric range, refrigerator, gas furnace, electric water heater, window units. The property is professionally managed, non-smoking, and pet-free, with an unfinished basement for storage. Tenants handle yard maintenance, with mowing managed. Street parking available.
Location
State IN
County Marion
Zoning RES
Interior
Heating Natural Gas
Cooling Separate Meters
Fireplace N
Building
Story One
Foundation Block
Architectural Style Bungalow
Structure Type Brick
New Construction false
Schools
School District Indianapolis Public Schools
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