About This Home
This 0-bedroom, 0-bathroom multi-family at 1903 Patton Drive in Indianapolis, IN is listed for $300,000. Built in 1951, on a 0.28 acres lot.
Key Features
- Built in 1951
- 0.28 acre lot
Property Details
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!
Monthly Cost Estimate
$1,604/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
1903 Patton Drive
Indianapolis, IN 46224
Bakers Walnut Grove
Features & Amenities
Exterior Features
Questions & Answers
This 0-bedroom, 0-bathroom multi-family at 1903 Patton Drive is listed at $300,000. The estimated monthly payment is $1,605 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: Built in 1951, 0.28 acre lot. Exterior Features: Gutter Guards.
This property is listed by Craig Deboor and can be reached at (317) 614-5445.