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316 W 29th Street, Indianapolis, IN 46208

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For Sale
Sale Pending

$129,000

0.09 acres

Estimated Payment

$      /mo. †

APR for 30 years

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  • Multi-Family (2-4 Units)
    Property type

  • 0.1 acres
    Lot size

  • Over 50 Years Old
    Age

  • Basement
    Rooms

Explore this Property

Turnkey Duplex in Up-and-Coming Highland Vicinity - Strong Investment Potential! Located at 316 W 29th St, Indianapolis, this well-maintained duplex offers an excellent opportunity for investors seeking monthly cash flow and long-term appreciation. Situated in the Highland Vicinity neighborhood, this area is beginning to see revitalization and sits just minutes from some of Indy's top destinations. You're within a 5-minute drive of the massive $4.3B IU Health Hospital expansion and less than 10 minutes from downtown Indy. Also nearby is the Children's Museum, Art Museum, Monon Trail, State Fairgrounds, Marian University, Ivy Tech, Butler University, the Indianapolis Zoo, Eiteljorg Museum, and more. The Red Line bus system runs right by the property, offering even more convenience for tenants. The duplex was fully renovated approximately 5 years ago, including a new roof, HVAC systems, water heaters, windows, flooring, paint, and additional upgrades. Utilities are separately metered, and there are two off-street parking spots in the rear. With minimal yard space, exterior maintenance is a breeze. One unit is currently tenant-occupied ($650/mo exp 3/31/26), and the other is vacant, with professional management in place (Wilmoth Group) actively marketing it for lease. Utilities are separately metered and paid by the tenants. The vacant unit also makes this property a potential fit for an owner-occupant house hacker looking to offset living costs. Don't miss your chance to own a solid, low-maintenance asset in a growing area of Indianapolis!
MLS# 22029895

Courtesy Of Keller Williams Indianapolis Metro North

(317) 846-6300

Property Features

  • Age
    Over 50 Years Old
  • Architecture Style
    Other
  • Lot Size
    0.09 Acres
  • Rooms
    Basement

Map and Directions

Directions to 316 W 29th Street, Indianapolis, IN 46208

Home seller CENTURY 21 Scheetz

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 Scheetz

(317) 844-5111
Learn More About Us

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This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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