REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Listed by Lindsey Winkhart • RE/MAX Advanced Realty
$ 349,000
Est. payment /mo
New
1714 Union ST Indianapolis, IN 46225
5,662 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Subdivision Coopers S Meridian St Add
MLS Listing ID 22078411
Year Built 1900
Tax Year 2024
Lot Size 5,662 Sqft
Acres 0.13
Property Sub-Type Duplex
Property Description
Welcome to 1714 Union St, a strong-performing duplex investment located in the desirable Old Southside neighborhood, just steps from the continued growth and demand of Bates-Hendricks. This flexible asset produces $3,425/mo ($41,100/ yr) & offers multiple income strategies ideal for investors seeking above-market cash flow with long-term upside. Unit 1 is a traditional and spacious 2-bedroom, 1-bath apartment featuring high ceilings, large eat-in kitchen, formal dining room, laundry room, hardwood floors, & comfortable layout. Providing stable income at $1,150/mo which can easily bring in more based on the market rent for the area. Unit 2 is configured for by-the-room rental, maximizing income potential. This unit includes a shared kitchen and 1 full bathroom (common area), one ensuite bedroom with a private full bath, and two additional bedrooms, with one currently utilized as a large double room. Total rent for Unit 2 is $2,275 per month, broken down as follows: Ensuite bedroom: $575/month, Large (double) bedroom: $600/month, other 2 bedrooms: $550/month each. The property has seen key updates that enhance durability and reduce future capital expenses, including updated electrical and plumbing, new Hardie siding, and a furnace approximately five years old. The fully chain-link fenced yard adds functionality & tenant appeal. With strong in-place income, a proven rental model, and a prime location near one of Indianapolis' most active redevelopment areas, 1714 Union St presents an exceptional opportunity for investors looking to acquire a cash-flow-focused property with built-in flexibility.
Location
State IN
County Marion
Interior
Heating Forced Air, Natural Gas
Cooling None, Wall Unit(s)
Fireplace N
Exterior
Roof Type Shingle
Building
New Construction false
Schools
School District Indianapolis Public Schools
© 2026 All listing information is courtesy of MIBOR Broker Listing Cooperative(R) as distributed by MLS Grid. All rights reserved.