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Listed by Jesse Jasvir Singh • Blue Flag Realty Inc
$359,990
Est. payment /mo
0.29 Acres Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Subdivision South Ridge
MLS Listing ID 22094759
Year Built 1970
Tax Year 2024
Lot Size 0.290 Acres
Acres 0.29
Property Sub-Type Duplex
Property Description
Excellent investment opportunity in the desirable Southport / Perry Township area of Indianapolis (46227). This offering includes two separate duplex properties at 7911-09 Southfield Dr-each configured as a side-by-side, townhouse-style 2-unit building with individual addresses, making them highly attractive for renters and easy to manage asked for $359,000 and 2nd Duplex 7817-19 same configuration Asked for $309,000. Each unit offers approximately 1,026-1,056 square feet of living space, featuring 3 bedrooms and 2 bathrooms, providing comfortable layouts that appeal to a wide tenant base. Built in 1969 and 1970 the properties include practical designs with each unit having its own private entrance and a 1-car attached garage ( Each Unit) -an increasingly sought-after amenity. Situated in a strong rental corridor, the properties benefit from convenient access to major highways including I-65, I-465, and US-31, as well as proximity to local schools, shopping, and employment centers. This location consistently supports solid rental demand, making it ideal for both seasoned investors and those looking to expand their portfolio. Whether you're seeking steady cash flow, long-term appreciation, or a value-add opportunity, these well-located multi-family properties present a compelling addition to any investment strategy.
Location
State IN
County Marion
Zoning Multi Family
Interior
Heating Electric
Cooling Central Air
Fireplace N
Exterior
Garage Spaces 2.0
Building
Story One
Foundation Brick
New Construction false
Schools
School District Indianapolis Public Schools
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