$272,300
$290,000
6.1%For more information regarding the value of a property, please contact us for a free consultation.
5,662 Sqft Lot
SOLD DATE : 07/02/2025
Key Details
Sold Price $272,300
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Subdivision Reagan Park
MLS Listing ID 22033420
Sold Date 07/02/25
Year Built 1920
Tax Year 2024
Lot Size 5,662 Sqft
Acres 0.13
Property Sub-Type Duplex
Property Description
Investor's Dream in Mapleton-Fall Creek Welcome to 2325 & 2327 Guilford Ave, a rare opportunity to own a fully renovated, cash-flowing duplex in one of Indy's fastest-growing neighborhoods. Located just a block away from newly built townhomes and steps from the Monon Trail, this property sits in the heart of an area where revitalization is well underway. Each side of this spacious duplex features 3 bedrooms and 1.5 baths, with durable LVP flooring throughout the main living areas and bedrooms. Renovated in 2024 and currently under professional management with **Resolute RDM**, this is a truly hassle-free investment from day one. Long-term tenants are already in place: * 2327 leased through **August 2025** * 2325 leased through **May 2026** The location offers renters easy access to downtown Indianapolis, public transit, and local amenities, making tenant demand consistently strong. As gentrification continues to spread in this corridor, there's solid **value-add potential** through future rent increases and continued appreciation. Whether you're looking to expand your portfolio or secure a stable, income-producing asset in a prime growth zone, this one checks all the boxes.
Location
State IN
County Marion
Zoning Multi-Family
Rooms
Basement Daylight/Lookout Windows, Storage Space, Unfinished
Interior
Heating Forced Air, Natural Gas
Cooling None
Fireplace N
Exterior
View Y/N false
Roof Type Asphalt,Shingle
Building
Story Two
Foundation Block
Structure Type Brick,Vinyl Siding
New Construction false
Schools
School District Indianapolis Public Schools
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