$294,000
$300,000
2.0%For more information regarding the value of a property, please contact us for a free consultation.
1903 Patton DR Indianapolis, IN 46224
0.28 Acres Lot
Key Details
Sold Price $294,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Subdivision Bakers Walnut Grove
MLS Listing ID 22114082
Sold Date 09/09/26
Year Built 1951
Tax Year 2025
Lot Size 0.280 Acres
Acres 0.28
Property Sub-Type Duplex
Property Description
Turnkey Speedway Duplex - Investor's Dream in a Prime Location Don't miss this fantastic investment opportunity in one of the most desirable pockets of Speedway! This full brick, low-maintenance duplex (complete with gutter guards) offers the kind of durability and curb appeal investors love - minimal upkeep means more time focusing on your bottom line. One side has been recently refreshed with new laminate flooring and fresh paint, making it move-in ready for a new tenant or owner-occupant looking to house-hack. The other side offers great bones and upside potential for the next owner to add value. Each unit comes with its own dedicated space in the 2-car detached garage, complete with separate doors - a huge tenant perk that supports strong retention and premium rents. With a potential combined rental income of $2,400/month, this property offers a compelling cap rate in a location known for steady demand, thanks to its proximity to the Speedway community, employment centers, and everyday conveniences. Whether you're growing your rental portfolio or starting your investment journey, this brick duplex checks all the boxes: location, low maintenance, tenant-friendly features, and immediate income potential. Schedule your showing today - properties like this in Speedway don't last long!
Location
State IN
County Marion
Interior
Fireplace N
Exterior
Exterior Feature Gutter Guards
Garage Spaces 2.0
Roof Type Fiberglass
Building
Story One
New Construction false
Schools
Middle Schools Speedway Junior High School
High Schools Speedway Senior High School
School District School Town Of Speedway
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© 2026 All listing information is courtesy of MIBOR Broker Listing Cooperative(R) as distributed by MLS Grid. All rights reserved.