1525-1527 Villa Avenue
Property Description
Updated, rent-ready duplex near Fountain Square offering an attractive opportunity for investors and owner-occupants! Located at 1525-1527 Villa Avenue, each two-story unit features 1 bedroom and 1 bathroom. A new roof, forced-air heating, and refreshed interiors add to the property's appeal. With a Market rent of $850 per month, providing a rental-history benchmark for buyers evaluating income potential. The location offers access to Fountain Square's restaurants, independent shops, live music, and arts scene, with downtown Indianapolis employment and entertainment within reach. Investment in the broader southeast downtown area includes the completed South Street Cultural Trail expansion, strengthening connections between Fountain Square, the Wholesale District, and downtown amenities. Fountain Square's HI-FI venue expansion, supported in part by a $1 million READI 2.0 Arts & Culture grant, represents additional investment in the district's entertainment economy. These amenities and ongoing investments may support the area's appeal to renters and homeowners alike. Whether you're expanding your portfolio or planning to live in one unit while renting the other, this updated duplex offers a practical path to ownership with income potential in Indianapolis' near southeast area!
Broker Details
Keller Williams Indy South (317) 882-5900
MLS ID: 40977 State License Number: RB17002210
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | 2-4 Units |
| Price: | $139,555 |
| No. of Units: | 2 |
| Year Built: | 1924 |
| Opportunity Zone: | No |
| Price per unit: | $69,778 |
| Property Website | Click Here |
| Number of Bedrooms: | 1 |
| Number of Bathrooms: | 1 |
ID: 3yd-MIBORIN-22130949
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