- 208 days on site
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Sharpened pricing and real upside in Christian Park. This 2 bed / 1 bath per unit duplex sits just five miles east of downtown Indianapolis. One unit is leased month-to-month at $900; the second sits vacant and ready to lease, giving you immediate income with room to stabilize. At $900 per side, the numbers pencil to an 11%+ projected cap rate with strong debt coverage under current financing. The expensive work is already behind you: new roof, siding, and gutters (2022), newer HVAC and central air, updated laminate flooring, tiled showers, and a new water heater (2025). That means investors and owner-occupants step in with reduced near-term maintenance exposure and a clear path to value. Sold as-is.
Source: MIBOR, MLS#: MBR22066065















