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Listed by Justin Wade • BLK Key Realty
$ 289,900
Est. payment /mo
Active
1805 Southeastern AVE Indianapolis, IN 46201
4,791 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Subdivision State Square
MLS Listing ID 22089555
Year Built 1910
Tax Year 2025
Lot Size 4,791 Sqft
Acres 0.11
Property Sub-Type Duplex
Property Description
Welcome to 1805 Southeastern Ave, a turnkey duplex offering an exceptional investment opportunity in the heart of Indianapolis! This income-producing property is already generating strong cash flow, with one unit currently rented for $1,500 per month and the second unit scheduled to be occupied beginning August 1 at $1,500 per month, bringing the total monthly rental income to $3,000 ($36,000 annually). Each unit is separately metered, helping keep operating expenses low, and both units feature in-unit washer and dryer hookups for added convenience. Recent improvements include two new furnaces and two new A/C units, providing peace of mind for years to come. Whether you're looking to add a stable, cash-flowing asset to your portfolio or secure a well-maintained multifamily investment in a growing area, this property is a fantastic opportunity. Conveniently located just minutes from downtown Indianapolis, 1805 Southeastern Ave is ready to start producing income from day one. Don't miss your chance to own this exceptional investment property!
Location
State IN
County Marion
Rooms
Basement Unfinished
Interior
Heating Forced Air
Cooling Central Air
Equipment Dehumidifier, Smoke Alarm
Fireplace N
Exterior
Exterior Feature Storage Shed
View Y/N true
View Neighborhood
Building
Story Multi/Split
Architectural Style Split Level
Structure Type Brick
New Construction false
Schools
School District Indianapolis Public Schools
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