Unlock the potential of
422 Villa Ave a multifamily duplex located in a thriving Indianapolis neighborhood. This property is perfect for investors looking to maximize returns through a buy-and-hold strategy or the BRRR (Buy, Rehab, Rent, Refinance, Repeat) method.
Property Info:
- Address: 422 Villa Ave, Indianapolis, IN 46201 📍
- Type: Multifamily Duplex 🏘️
- Units: 2 units, each 1 bed / 1 bath 🛏️🛁
- Total Living Area: 1,248 sqft 📏
- Lot Size: 4,443 sqft 🌳
- ARV: $230,000 📈
- Asking Price:
- $122,500💰
Renovation Details:
- Full Rehab Needed: Including roof, AC (window units), and floors 🛠️🔧
Rental Potential: Can be rented for $1100-$1200 per month per unit after renovation 💵🏠
Investment Highlights:
-High ROI Potential:
Significant upside with an After Repair Value (ARV) of $230,000 📈
Great Comps:
- 1148 Olive St: Sold for $235,000 (4 bed / 2 bath) 🏡
- 909-911 Saint Peter St:
Full rehab needed, sold for $160,000 🛠️
- 35 N Walcott St: Full gut property, sold for $120,000 🔨
Why Invest Here?
This property offers a fantastic opportunity to capitalize on the growing Indianapolis market. With a full rehab, the units can achieve strong rental income, making it an excellent buy-and-hold investment. The surrounding area supports high ARVs and provides a robust market for rental properties.
- All offers are Cash or Private Lender Only.
- Deposits for all properties are non-refundable.
- Properties are sold AS-IS with NO inspection period; Please inspect first.
- Buyer pays all closing costs for buyer and sellers.
- OFFERFI LLC is not a licensed contractor or appraiser.
- Taxes, Insurance, and Closing Cost are estimates. Actual cost may vary.
- Seller has an equitable interest in this property and is advertising the sale of this contract as it is assignable.
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