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Listed by Peter Stewart • Keller Williams Indpls Metro N
$ 265,000
Est. payment | /mo
3,484 Sqft Lot
$ 265,000
Est. payment | /mo
3,484 Sqft Lot
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Subdivision Holtman & Topps
MLS Listing ID 22107451
Year Built 1915
Tax Year 2025
Lot Size 3,484 Sqft
Acres 0.08
Property Sub-Type Duplex
Property Description
Exceptional turnkey addition to your investment portfolio! Located in the high-demand St. Clair Place neighborhood on Indianapolis's near Eastside, this side-by-side duplex at 2610-2612 E. North St. offers immediate cash flow with massive ROI upside. Both units are currently occupied and professionally managed by T&H Realty, featuring identical two-story layouts with 3 bedrooms, 1 bathroom, and 1,414 sq. ft. per side. Tenants pay all separately metered utilities and enjoy central heat/AC, and tasteful updates like newer paint and LVP flooring, new HVAC systems, and updated kitchens, as well as a shared front porch, private covered back porches, and a fully fenced backyard with off-street alley parking. The location is an investor's dream-positioned in a rapidly appreciating pocket with a mix of new construction and high-end renovations, offering tenants effortless urban connectivity to the Monon Trail, Blue Line BRT, Mass Ave, and the Bottleworks District. With 2610 rented at $1,075 through 4/18/27 and 2612 at $975 through 6/30/27, current rents sit comfortably below market. Similar area units command $1,200-$1,400/mo, providing a clear path to optimize your returns and approach the coveted 1% rule in a highly revitalized urban hotspot. Whether you maintain the current long-term structure or pivot to mid- or short-term rental strategies, this versatile property delivers rare equity growth and strong potential yields from day one.
Location
State IN
County Marion
Interior
Heating Forced Air
Cooling Central Air
Fireplace N
Exterior
View Y/N false
Roof Type Asphalt
Building
Story Two
Foundation Crawl Space
Architectural Style Traditional
Structure Type Vinyl Siding
New Construction false
Schools
School District Indianapolis Public Schools
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