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Listed by Justin Wade • BLK Key Realty
$ 299,000
Est. payment | /mo
4,791 Sqft Lot
$ 299,000
Est. payment | /mo
4,791 Sqft Lot
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Subdivision State Square
MLS Listing ID 22089555
Year Built 1910
Tax Year 2025
Lot Size 4,791 Sqft
Acres 0.11
Property Sub-Type Duplex
Property Description
Welcome to 1805 Southeastern Ave an income-producing duplex offering a prime opportunity for turnkey cash flow in the heart of downtown Indianapolis! This well-maintained property features two new furnaces and AC units, giving investors peace of mind with major mechanical updates already completed. The property offers immediate flexibility with a tenant currently on a month-to-month lease, allowing a new owner to continue generating income or reposition rents for even stronger returns. Each unit is separately metered, with tenants responsible for their own utilities keeping operating expenses low and margins strong. Both units also include in-unit washer and dryer, adding convenience and increasing tenant appeal. Whether you're a new investor looking for a solid entry point or a seasoned investor expanding your portfolio, this is a great opportunity to own a stabilized, cash-flowing asset with built-in upside in a rapidly growing Indianapolis market.
Location
State IN
County Marion
Rooms
Basement Unfinished
Interior
Heating Forced Air
Cooling Central Air
Equipment Dehumidifier, Smoke Alarm
Fireplace N
Exterior
Exterior Feature Storage Shed
View Y/N true
View Neighborhood
Building
Story Multi/Split
Architectural Style Split Level
Structure Type Brick
New Construction false
Schools
School District Indianapolis Public Schools
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