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2322 Paris Ave
Indianapolis, IN 46208
Multifamily Property For Sale
·
2 Units
INVESTMENT HIGHLIGHTS
- Duplex layout with two 2-bed, 1-bath units.
- Walkable to Watkins Park and neighborhood amenities.
- Ideal for rental portfolio growth or house hacking.
- Located minutes from downtown Indianapolis.
- Forced-air heating system for year-round comfort.
EXECUTIVE SUMMARY
Discover an exceptional investment opportunity just minutes from downtown Indianapolis. This duplex property is ideally positioned in the Near Northwest Riverside neighborhood, offering convenient access to city amenities and a vibrant community atmosphere. Each unit features two bedrooms and one bath, providing functional layouts perfect for renters seeking affordability and proximity to urban conveniences.
The property sits within a short five-minute walk to Watkins Park, a popular green space that enhances the appeal for tenants who value outdoor recreation. With forced-air heating and a single-story design, the home offers comfort and simplicity. While light cosmetic updates are needed, this as-is sale presents a prime chance to build equity quickly. Whether you’re starting a rental portfolio or exploring house-hacking strategies, this asset delivers strong potential for long-term returns.
Indianapolis continues to experience steady growth, making this location attractive for investors seeking stability and upside. The property’s proximity to major employment centers, cultural attractions, and transit routes ensures consistent rental demand. At an accessible price point, this duplex is a rare find in a market where affordability and opportunity intersect.
The property sits within a short five-minute walk to Watkins Park, a popular green space that enhances the appeal for tenants who value outdoor recreation. With forced-air heating and a single-story design, the home offers comfort and simplicity. While light cosmetic updates are needed, this as-is sale presents a prime chance to build equity quickly. Whether you’re starting a rental portfolio or exploring house-hacking strategies, this asset delivers strong potential for long-term returns.
Indianapolis continues to experience steady growth, making this location attractive for investors seeking stability and upside. The property’s proximity to major employment centers, cultural attractions, and transit routes ensures consistent rental demand. At an accessible price point, this duplex is a rare find in a market where affordability and opportunity intersect.
PROPERTY FACTS
| Price Per Unit | $70,000 | Lot Size | 0.13 AC |
| Sale Type | Investment | Building Size | 992 SF |
| No. Units | 2 | No. Stories | 1 |
| Property Type | Multifamily | Year Built | 1915 |
| Apartment Style | Single-Family Home | Opportunity Zone |
Yes
|
| Zoning | R-1 - Residential | ||
| Price Per Unit | $70,000 |
| Sale Type | Investment |
| No. Units | 2 |
| Property Type | Multifamily |
| Apartment Style | Single-Family Home |
| Lot Size | 0.13 AC |
| Building Size | 992 SF |
| No. Stories | 1 |
| Year Built | 1915 |
| Opportunity Zone |
Yes |
| Zoning | R-1 - Residential |
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+1 | 2 | - | 496 |
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2322 Paris Ave
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