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$325,000 -

3250 Central Avenue Indianapolis IN 46205

-
Bedrooms
-
Baths
N/A
SQ. Feet
(Above Ground)
0.15
Acres

High-performing duplex featuring two units, each with 3 bedrooms and 1 bath. Both units are currently vacant, providing convenient access for showings and a seamless opportunity to bring the three-bedroom, one-bath units to the proposed market rent of $1,600. Excellent opportunity for immediate cash flow or owner-occupancy. Please note that the current rent roll and trailing 12 months are calculated under the assumption that both units are rented. Schedule your tour today to see the potential for yourself! Investment Highlights: Anchored by Billion-Dollar Developments - IU Medical Campus, Circle Centre Mall Redevelopment, The Cultural Trail Low-Maintenance Portfolio addition with new water heaters and furances Strong Proforma Gross Monthly Income Immediate "Day 1 " Value-Add Low Vacancy Rates in the area

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Property Details

Price: $325,000 Previously: $325,000 Originally: $325,000 Bathrooms: 0.00 MLS #: 22077227 Year Built: 1921 Township: Center Type: Residential Income Zip Code: 46205 City: Indianapolis Subdivision: No Subdivision County: Marion School District: Indianapolis Public Schools

Interior Features

Interior Features:
  • Heating: Forced Air

Exterior Features

Exterior Features:
  • # Acres: 0.15

Listing Office: Ellsbury Commerical Group

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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 MIBOR Broker Listing Cooperative®. All rights reserved.

Listing information last updated on December 19th, 2025 at 6:25am EST.

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