2608 E Southport Rd, Indianapolis, IN 46227

Description

Discover a unique investment opportunity in the Southport area of Indianapolis with this fully occupied triplex offering three distinct rental units and plenty of character. The main-level residence features 2 bedrooms and 2 full bathrooms along with beautiful original details, including substantial woodwork, classic molding, and impressive pocket doors that reflect the home's historic charm. Upstairs, the 1-bedroom, 1-bathroom unit has seen approximately $35,000 in recent improvements, including an updated kitchen, electrical upgrades, and a new air-conditioning system. A separate rear 1-bedroom, 1-bathroom unit completes the property. Each unit has its own furnace and water heater, providing added convenience for both ownership and tenants. Outside, the property offers two driveways along with a spacious garage featuring tandem parking and an additional lean-to. All three units are currently leased, making this an excellent opportunity for an investor looking to add an established multifamily property to their portfolio. Conveniently located in the Southport area with easy access to shopping, dining, major roadways, and only 15 minutes to University of Indianapolis.