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$170,000 -

4918 E New York Street Indianapolis IN 46201

-
Bedrooms
-
Baths
N/A
SQ. Feet
(Above Ground)
0.14
Acres

Step into this classic 3-bed, 1-bath duplex and let your investment go to work from day one. One side is rented for $880/month to a dream tenant - the kind who built a backyard deck, planted flowers, keeps the yard pristine, and even takes care of small repairs himself. The other side is vacant, cleaned out, and ready for a cosmetic refresh. Original hardwoods are already exposed, and the layout is solid. Capital expenditures? No problem - electrical, HVAC, and water heater have all been updated, giving you a strong foundation to build on. With light cosmetic updates, rents could easily land in the $1,100-$1,250+ range per side. A clean value-add opportunity in a growing pocket of Indy with income on day one and upside on the horizon.

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Property Details

Price: $170,000 Previously: $170,000 Originally: $170,000 Bathrooms: 0.00 MLS #: 22037439 Year Built: 1920 Township: Center Type: Residential Income Zip Code: 46201 City: Indianapolis Subdivision: Layman & Careys Irvington Park Add County: Marion School District: Indianapolis Public Schools

Interior Features

Interior Features:

Exterior Features

Exterior Features:
  • # Acres: 0.14

Listing Office: @properties

Office Contact: max@atpropertiesind.com

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All information is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties that a consumer may be interested in purchasing. All Information believed to be reliable but not guaranteed and should be independently verified. © 2025 Metropolitan Indianapolis Board of REALTORS®. All rights reserved.

Listing information last updated on May 11th, 2025 at 10:40pm EDT.

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