216 S Emerson Ave, Indianapolis, IN, 46219

USD 229,000
For Sale

Property Details

Bedrooms

4

Bathrooms

2

Property Type

Single Family

Description

Property Details: • Type: Single Family • Bedrooms: 4 • Bathrooms: 2 • Square Feet: 2000 • Lot/Size: 5,619 sqft lot

Description: Value-add duplex opportunity on Emerson Avenue offering high visibility, strong rental demand, and clear upside through rent growth. This newly renovated property features two 2 bed / 1 bath units with separate electrical meters, helping reduce operating expenses and maximize net income. One unit is currently vacant and features recent renovations, making it rent-ready and providing an immediate lease-up opportunity at market rent. The second unit is occupied with the potential for future rent increases. Investors can quickly increase cash flow by stabilizing the vacant unit and aligning rents with market levels. Current expected market rents are between $1150-$1200. With continued demand i

Location

Address

216 S Emerson Ave, Indianapolis, IN, 46219

City

Indianapolis

Features and Finishes

Year Built: 1900; [object Object]; [object Object]; [object Object]

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