609 N Denny Street, Indianapolis, IN 46201
- $154,900
- List Price
- $154,900
- MLS#
- 22127793
- Days on Market
- 0
- Status
- ACTIVE
Property Description
Add to your rental portfolio or live in one side while renting out the other! This Grace Tuxedo duplex offers two 2-bedroom, 1-bath units with approximately 784 square feet per side and off-street parking. One side received a turnkey renovation in 2026 and is vacant and ready to lease or occupy, while the other is currently leased at $750/month through March 31, 2027. Estimated market rents of approximately $850-$950 per side offer potential for increased rental income over time, subject to existing lease terms and market conditions. Additional improvements include a new roof and water heater installed in 2022, per the seller. Nearby investment includes IndyGo's Blue Line along Washington Street, currently under construction with service anticipated in late 2028 and planned roadway, sidewalk and transit improvements throughout the corridor. A solid opportunity to generate income now with room for future upside.
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Additional Information
- Expenses
- 2626
- Tenant Pays
- Electricity, Gas
- Owner Pays
- Taxes, Sewer, Trash Collection, Water
- Basement
- Unfinished
- Foundation
- Block
- Stories
- One
- Architecture
- Bungalow
- Acres
- 0.12
- Heat
- Forced Air, Natural Gas
- Cooling
- None
- Financing
- Conventional
- Region
- Center
Listing courtesy of Ryan Boyd from Trueblood Real Estate
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