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$148,000
2 Beds
2 Baths
--sqft
932 - 934 N Leland Ave N, Indianapolis, IN 46219
$148,000
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Duplex
Built in 1941
$-- HOA
6,098 sqft lot
--/sqft
Description
Value-add duplex opportunity. One unit is vacant and ready for improvement, offering a clear path to adding value and increasing rents. The vacant unit will require updates and installation of finishes and fixtures to bring it to rent-ready condition, with a projected market rent of $775-$800/month once completed. The other unit is leased at $725/month through May 31, 2026, providing immediate income during the renovation phase. The occupied unit includes an electric range, refrigerator, gas furnace, electric water heater, and window units. The property is professionally managed. Tenants pay all utilities and handle yard maintenance, with mowing covered by management. The...
Continue Reading- Houzeo last checked: 13 Minutes ago
- Listing updated: February 5, 2026 at 12:10 am
- Listing Provided by: Max Moore , Jaxyn Holmes | @properties (317) 489-3441
- Source: Metropolitan Indianapolis Board of REALTORS (MIBOR) MLS-IN | MLS#: 22069504
Property Details
Status
Active
Type
Multi Family
No. of Stories
-
County
City
Neighborhood
--
Year Built
1941
HOA Fees
-
Finished Area
- sqft
Lot Size
6,098 sqft lot
Basement Area
- sqft
MLS Name
Metropolitan Indianapolis Board of REALTORS (MIBOR) MLS
MLS Number
22069504
MLS Status
Active
Days on Market
105
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