Own Your Freedom

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NEW TURNKEY DEAL : 16 N Addison St. Indianapolis, IN 46222

Price: $220,000.00


Duplex Rehabbed and Ready to go!  This property has been rehabbed and is ready for occupancy.  Overhaul includes the following : New Roof, New Windows, Vinyl Siding Repaired, New HVAC and Duct work, Basement Walls treated and Vapor Barrier added to Crawl Space, New Lighting with Electrical updates , and typical cosmetic updates with Vinyl Plank Flooring.

Sports an Upstairs 1 Bedroom and Bath as well as a Downstairs 2 Bedroom and Bath. Utilities are separated for billing except water.  Rents are $750.00 for upstairs and $1050.00 for downstairs.


Asking Price $220,000.00

Property Type Multi – Family Residence
Square Feet 1362 (excludes basement)
Lot Size 35 ft x 89 ft
Bedrooms 3
Bathrooms 2
Year Built 1910
Market Rent 1800.00

Area Sq-ft



Detached Garage
  • Rental Income $1800
  • Rent/Value Ratio 0.8%
  • Neighborhood Rating C+
  • Cap Rates 7.1%


Dennis McManama

Dennis McManama

Client Success

  • (463) 220-4457
  • sales@ironclad.group
  • https://buycashflowhomes.com

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