Fantastic investment opportunity with proven stability! This charming Spanish-style duplex has been professionally managed for the past seven years and has a strong rental history. One resident has happily called the property home for approximately six years, while the second unit is leased and welcoming a new resident soon. Each unit offers 1 bedroom, 1 bathroom, inviting front porches full of character, and timeless architectural details that make this property stand out. Current rents are $815 and $895 per month, providing immediate income with established tenancy. Located just minutes from the exciting redevelopment around 40th & Boulevard, you'll enjoy convenient access to some of the area's favorite local destinations, including Gather 22, boutique shopping, coffee shops, breweries, and a growing collection of neighborhood restaurants and entertainment. The continued investment in the surrounding area makes this an attractive opportunity for both seasoned and first-time investors. Whether you're looking to expand your portfolio or purchase your first income-producing property, this well-maintained duplex offers charm, consistent occupancy, and a location that continues to grow in popularity.

Listing courtesy of Hanza Realty, LLC (317) 800-4438



Listings courtesy of Metropolitan Indianapolis Board of REALTORS® as distributed by MLS GRID. All information is provided exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties that a consumer may be interested in purchasing. All information is believed to be reliable but is not guaranteed and should be independently verified.

Based on information submitted to the MLS GRID as of 2026-07-06 03:36 PM UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Copyright © 2026 Metropolitan Indianapolis Board of REALTORS®. All rights reserved.