Log In/Sign Up
Your email has been sent.
2322 Paris Ave 2 Unit Apartment Building Offered at $140,000 Indianapolis, IN 46208
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 Under Contract
| Price | $140,000 | Lot Size | 0.13 AC |
| Price Per Unit | $70,000 | Building Size | 992 SF |
| Sale Type | Investment | No. Stories | 1 |
| No. Units | 2 | Year Built | 1915 |
| Property Type | Multifamily | Opportunity Zone |
Yes
|
| Apartment Style | Single-Family Home | ||
| Zoning | R-1 - Residential | ||
| Price | $140,000 |
| 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 |
1 1
Property Taxes
| Parcel Number | 49-06-26-180-058.000-101 | Improvements Assessment | $32,600 |
| Land Assessment | $13,500 | Total Assessment | $46,100 |
Property Taxes
Parcel Number
49-06-26-180-058.000-101
Land Assessment
$13,500
Improvements Assessment
$32,600
Total Assessment
$46,100
1 of 5
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
Contact the Sale Advisor
2322 Paris Ave
Your message has been sent!
Activate your LoopNet account now to track properties, get real-time alerts, save time on future inquiries, and more.