2322 Paris Ave - Multi-Family FOR SALE


Indianapolis, IN 46208- Near NW Riverside
$140,000 USD
317-507-5599
2322 Paris Ave, Indianapolis, IN for Sale
$140,000 USD
Multi-Family - FOR SALE
1/4
null | Request Cap Rate

2322 Paris Ave
Indianapolis, IN 46208
Near NW Riverside


HIGHLIGHTS

  • Duplex layout with two 2-bed, 1-bath units.
  • Located minutes from downtown Indianapolis.
  • Walkable to Watkins Park and neighborhood amenities.
  • Forced-air heating system for year-round comfort.
  • Ideal for rental portfolio growth or house hacking.

OVERVIEW

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.

FOR SALE DETAILS

PRICE

$140,000 USD

PRICE/SF

$141 USD /SF

# OF UNITS

2

PRICE/UNIT

$70,000

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1915

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.13 AC

LAND SF

5,663 SF

ZONING

R-1

APN/PARCEL ID

49-06-26-180-058.000-101

ASK ABOUT THIS PROPERTY

Justin GriffithKeller Williams Indy Metro NortheastMore Info
317-507-5599

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Justin GriffithKeller Williams Indy Metro NortheastMore Info
317-507-5599

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.