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24 S Euclid Avenue, Indianapolis, IN 46201

Indianapolis
Local realty services provided by:CENTURY 21 Scheetz
24 S Euclid Avenue,Indianapolis, IN 46201
$129,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: colton haymon
Office: @properties
MLS#:22066065
Source:IN_MIBOR

Price summary

  • Price:$129,000

About this home

Repriced to reflect current market conditions and positioned for immediate upside, this 2 bed / 1 bath per unit duplex in Christian Park presents a strong value-add opportunity just five miles east of downtown Indianapolis. One unit is currently leased month-to-month at $900, with the second unit vacant and ready for lease. At stabilized rents of $900 per side, the property offers compelling income potential with a projected 11%+ cap rate and strong debt coverage under current financing conditions. Major capital improvements have already been completed, including a new roof, siding, and gutters in 2022, new HVAC and central air, updated laminate flooring, tiled showers, and a new water heater in 2025. With these big-ticket items addressed, investors and owner occupants can step into reduced near-term maintenance exposure.

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Home facts

  • Year built:1924
  • Listing ID #:22066065
  • Added:207 day(s) ago
  • Updated:April 29, 2026 at 02:49 PM

Rooms and interior

  • Basement:Yes
  • Basement Description:Basement

Heating and cooling

  • Cooling:Central Electric
  • Central air:Yes

Structure and exterior

  • Year built:1924
  • Lot area:0.13 Acres
  • Construction Materials:Vinyl Siding

Utilities

  • Water:Water
  • Sewer:Sewer

Finances and disclosures

  • Price:$129,000
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