2161 Gent Ave - Apartments FOR SALE


Indianapolis, IN 46202
$399,900 USD
463-273-0801
2161 Gent Ave, Indianapolis, IN for Sale
$399,900 USD
Apartments - FOR SALE
1/2
null | 8% Cap Rate

2161 Gent Ave
Indianapolis, IN 46202


HIGHLIGHTS

  • Proximity to Major Employers: Eli Lilly, IU Health, and numerous corporate offices are within walking distance, ensuring a steady stream of tennants
  • Enduring Cash Flow: With premium rental rates and high demand, this asset is set to deliver reliable returns for years.
  • Pre-Permitted & Ready to Build: Save time and resources with plans and permits in place. Investors can break ground immediately
  • Paradigm Construction & Development is just a 15-minute drive from each of the properties, ensuring timely support and a close hands-on approach
  • 5% annual appreciation potential in a thriving Indianapolis market.

OVERVIEW

Investor’s Dream in Thriving Riverside Neighborhood! This well-maintained duplex is an exceptional opportunity for investors looking to expand their portfolio in one of Indianapolis’ most promising areas. Nestled in the vibrant Riverside neighborhood, this property offers a steady rental income stream with strong tenant demand and long-term appreciation potential. Both units provide comfortable living spaces with modern updates, ensuring low maintenance and high desirability. With a prime location near downtown, major employers, and recreational hotspots, this duplex offers the perfect mix of convenience and growth potential. Don’t miss out on this turnkey investment in a rapidly developing area! Contact us today for more details.

FOR SALE DETAILS

PRICE

$399,900 USD

PRICE/SF

$210 USD /SF

# OF UNITS

2

PRICE/UNIT

$199,950

CAP RATE

8%

% LEASED

-

STATUS

Proposed

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Prime Duplex Investment in Indy

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

D8

APN/PARCEL ID

49-06-27-110-205.000-101

ASK ABOUT THIS PROPERTY

Josh HodgensParadigm Construction & Development, LLCMore Info
463-273-0801

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Josh HodgensParadigm Construction & Development, LLCMore Info
463-273-0801

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.