$314,900

Multi-Family For Sale
0.12 Acres
126-128 N Colorado Ave
Indianapolis, IN

About This Property

FANTASTIC turnkey duplex in Indianapolis offering immediate income potential for investors or an ideal opportunity for owner-occupants looking to offset their mortgage. Each unit of this well-maintained property features 3 bedrooms and 2 full bathrooms, a open concept main level layout, and strong rental appeal. One unit is currently occupied at $1,669 per month while the other unit is vacant and ready to be rented or moved into. Both units offer comfortable living spaces with generous natural light, practical floor plans, and ample storage, making them attractive to long-term tenants. The property has been well cared for and ready to rent, allowing the next owner to step right into a cash-flowing investment without the need for major renovations. Whether you're expanding your rental portfolio or looking for a house hack opportunity, this income-producing duplex delivers a solid combination of location, stability, and investment potential.

Key Details

Property Type Multi-Family For Sale
Listed Mar 16, 2026
Lot Size 0.12 acres
MLS # 2992605527
Status Active

Location