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Listed by Dana Rivers • Resolute Realty
$ 325,000
Est. payment /mo
Active
1622 Yandes ST Indianapolis, IN 46202
5,662 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Subdivision Fletchers S A Jr North
MLS Listing ID 22117323
Year Built 1910
Tax Year 2025
Lot Size 5,662 Sqft
Acres 0.13
Property Sub-Type Duplex
Property Description
Turnkey income duplex in the heart of the Monon 16 corridor! This 1910 two-story duplex offers two units, each with 2 bedrooms and 1 bathroom, for a total of 4 bedrooms and 2 bathrooms across 1,036 sq ft. Both units are currently occupied with leases in place through 2027, delivering combined monthly rental income of $2,550, a stabilized cash-flowing asset from day one. Unit 1622 features updated kitchen and bathroom flooring, and both units have been freshly painted. In-unit laundry is available on each side. The property sits on a 5,619 sq ft lot with a chain-link fenced yard and on-street parking. Forced-air gas heat and central electric AC keep both units comfortable year-round. Block foundation, brick and wood construction. Location is a major draw: Short distances from the Monon Trail, local restaurants, co-working spaces, schools, and Frank and Judy O'Bannon Old Northside Soccer Park. Great opportunity for an investor to add a stabilized, occupied asset with long-term leases already secured. Schedule showings with advance notice due to current occupancy.
Location
State IN
County Marion
Rooms
Basement Cellar, Unfinished, Walk-Out Access
Interior
Heating Forced Air, Natural Gas
Cooling Central Air
Equipment None
Fireplace N
Exterior
Exterior Feature Not Applicable
View Y/N false
Roof Type Asphalt
Building
Story Two
Foundation Block
Architectural Style Traditional
Structure Type Vinyl Siding
New Construction false
Schools
School District Indianapolis Public Schools
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