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2 Houses 1 Price & 1 Street
Indianapolis, IN Near Eastside

$560,000 USD

Specialty For Sale  •  3,225 SF

1 Properties View all

Property Details

  • Property Type Specialty
  • Cap Rate 11.79 %
36 Transit Score
52 Walk Score

Highlights

Turnkey 46201 portfolio with two large SFRs delivering $5,500/mo now and scalable to 14+ beds for $7,000–$9,000/mo with basement/attic conversions.
Ideal for room-by-room, sober-living, or duplex setups—multiple levels, basements, and garages create huge value-add and rent-maximizing flexibility
Prime Eastside location near IU Indianapolis, Ivy Tech, IU Health, and downtown employers—high demand for student, workforce, and group housing.
Cap Rate: 11.79 %

Public Transportation

Commuter RailDriveWalkDistance
Indianapolis (Cardinal - Amtrak) 9 min - 4.7 mi
AirportDriveWalkDistance
Indianapolis International 32 min - 17.4 mi
Jamie Franklin 317-597-0457 Acquire JDF
Jamie Franklin 317-597-0457 Acquire JDF