3135 Boulevard Place
Property Description
Investors, House Hackers, First time buyers - live in one and collect rent on the 2nd unit. New-construction duplex opportunity in Crown Hill on Indianapolis's near-north side, a few blocks west of Crown Hill Cemetery. The Marion model offers two 2-bed/2-bath units of approximately 980 SF each. Projected rent of $1,718 per unit is supported by 2-bedroom comparables within 2 miles, many clustered along N Meridian St. Pro forma: $41,232 gross potential rent, $30,336 estimated NOI at 5% vacancy and 8% management. Located within the Indy Health District, near the Children's Museum, Newfields, and the Meridian Street corridor. Taxes and insurance are estimates; buyer to verify. This property is broker owned.
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | 2-4 Units |
| Price: | $375,000 |
| No. of Units: | 2 |
| Year Built: | 2026 |
| Opportunity Zone: | No |
| Price per unit: | $187,500 |
| Property Website | Click Here |
| Number of Bedrooms: | 2 |
| Number of Bathrooms: | 2 |
ID: 3yd-MIBORIN-22118629
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