1903 Patton Drive , Indianapolis, IN 46224

$300,000
  • 1903 Patton Drive , Indianapolis, IN 46224 Main Photo

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New to the Market Active
BEDS0 BATHS MLS#22114082
STATUSActive PROPERTY TYPEMulti Unit - Multiple SUBDIVISIONBakers Walnut Grove

Property Description

Turnkey Speedway Duplex - Investor's Dream in a Prime Location Don't miss this fantastic investment opportunity in one of the most desirable pockets of Speedway! This full brick, low-maintenance duplex (complete with gutter guards) offers the kind of durability and curb appeal investors love - minimal upkeep means more time focusing on your bottom line. One side has been recently refreshed with new laminate flooring and fresh paint, making it move-in ready for a new tenant or owner-occupant looking to house-hack. The other side offers great bones and upside potential for the next owner to add value. Each unit comes with its own dedicated space in the 2-car detached garage, complete with separate doors - a huge tenant perk that supports strong retention and premium rents. With a potential combined rental income of $2,400/month, this property offers a compelling cap rate in a location known for steady demand, thanks to its proximity to the Speedway community, employment centers, and everyday conveniences. Whether you're growing your rental portfolio or starting your investment journey, this brick duplex checks all the boxes: location, low maintenance, tenant-friendly features, and immediate income potential. Schedule your showing today - properties like this in Speedway don't last long!

1903 Patton Drive | MLS# 22114082

This multi-family property located at 1903 Patton Drive , Indianapolis, IN 46224 is currently listed for sale with an asking price of $300,000. Search Indianapolis real estate on www.ikeyrealty.com today.

Property Features

Property Type: Multi Unit - Multiple
Garage: 2
Lot Size: 0.28 Acres
Taxes: $4,642
Year Built: 1951

Feature Descriptions

Days on Site: 5
ExteriorFeatures: Gutter Guards

Local Schools

High School: Speedway Senior High School
Middle School: Speedway Junior High School

Listed By / Shown By

Listed By

Agency Name: Real Broker, LLC
Agency Phone: 317-794-2827

Shown By

Agency Title: Key Realty
Agency Phone: 877-539-7589

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Estimated Payment

$ 2,152.45 per month $1,678.11 Principal & Interest $386.83 Property Tax $87.50 Homeowner's Insurance

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