23 Harris Avenue, Indianapolis

23 Harris Avenue, Indianapolis, IN 46222

Purpose unavailable

$209,900

Property Details

Bedrooms

Bathrooms

N/A

Sq Ft

1910

Year Built

Additional Information

Property SubtypeDuplex
MLS #MBR22113487
Lot Size0.11 Acres

Home Features

HeatingForced Air
CoolingCentral Air

Providence Property Group, PC

Residential seller representation and real estate guidance in Greenwood, Indianapolis, and nearby Central Indiana communities.

Office

612 N Madison Ave
Greenwood, IN 46142

Call/Text

(317) 746-0616

Email

garrettvaleu@providenceproperty.group

Description

Investors and house hackers, welcome to 23-25 S Harris Ave-a turn-key, updated side-by-side duplex on Indianapolis' rapidly developing near-west side! Unit 23 is currently rented at $1,265/mo on a month-to-month lease, providing immediate income, while Unit 25 is vacant and move-in ready-ideal for an owner-occupant looking to offset their mortgage with rental income or an investor ready to place their own tenant. With both sides offering nearly identical layouts and finishes, Unit 25 should support a similar rent of approximately $1,265/mo, bringing projected total gross rents to $2,530/mo. Once fully occupied, the property is projected to perform well above the coveted 1% rule, making it an especially compelling option for cash-flow-focused investors. Landlord expenses are kept low with all utilities separately metered and paid by the tenants. Just 10 minutes from Downtown Indy, IU Indianapolis, four major west-side hospitals, the Indianapolis Motor Speedway, and near the new Elanco Global HQ, White River State Park, and Indy Zoo. Both units feature modern updates including durable LVP flooring, carpet upstairs, updated kitchens with white shaker cabinets, and central heating and air. Unit 23 offers 3 beds/1 bath, while Unit 25 features 3 beds/1.5 baths. A covered front porch adds classic 1910 character, while key improvements include a roof estimated at approximately 5 years old. A flexible opportunity for immediate income, house hacking, or long-term portfolio growth. Professional management is already in place and can remain if desired.

Location

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23 Harris Avenue, Indianapolis, IN 46222

Inquire About This Property

Preferred Contact Method

Need immediate assistance?

Call/Text Garrett: (317) 746-0616

Photo Gallery

Listing provided courtesy of Peter Stewart at Keller Williams Indpls Metro N

Contact: peter@peterstewartrealty.com

Listings courtesy of MIBOR Broker Listing Cooperative as distributed by MLS GRID

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