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24 S Euclid Avenue Indianapolis IN 46201
- -
- Bedrooms
- -
- Baths
- N/A
- SQ. Feet
(Above Ground)
- 0.13
- Acres
Repriced to reflect current market conditions and positioned for immediate upside, this 2 bed / 1 bath per unit duplex in Christian Park presents a strong value-add opportunity just five miles east of downtown Indianapolis. One unit is currently leased month-to-month at $900, with the second unit vacant and ready for lease. At stabilized rents of $900 per side, the property offers compelling income potential with a projected 11%+ cap rate and strong debt coverage under current financing conditions. Major capital improvements have already been completed, including a new roof, siding, and gutters in 2022, new HVAC and central air, updated laminate flooring, tiled showers, and a new water heater in 2025. With these big-ticket items addressed, investors and owner occupants can step into reduced near-term maintenance exposure.
Property Details
Interior Features
- Cooling: Central Air
Exterior Features
- # Acres: 0.13
Listing Office: @properties
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Listing information last updated on February 28th, 2026 at 2:28pm EST.
