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About This Home
This 0-bedroom, 0-bathroom multi-family at 1525 Kennington Street in Indianapolis, IN is listed for $475,000. Built in 1910, on a 0.09 acres lot.
Great investment opportunity to own a renovated duplex in the Bates Hendricks neighborhood. Located on a quiet residential street, it is only a mile from the center of Fountain Square's vibrant area with popular restaurants, cafes, and local shopping as well as only 1.5 mile from downtown Indianapolis.
Completely renovated a few years back, each side of the duplex is a 2-story townhouse with 3 bedrooms and 2 full bathrooms and provides ideal separation between living and sleeping areas. Currently operating as high-performing mid-term furnished rentals and corporate housing (1 to 6 month stays) with high ROI, this property presents a turnkey investment opportunity with strong income potential.
Higher income potential if operated as short-term rentals. Preference is to sell this duplex as a package with other properties also operating as mid-term furnished rentals (15 units in total) with the others being: 5724 Julian Ave (six 1br/1ba units), 1305 Ringgold (duplex with 3br/3.5ba townhouses), 717 Randolph (duplex with 2br/2ba townhouses) and 1529 Kennington (2br/1ba SFH) - a total of 15 units producing high revenues. The SFH at 1529 Kennington is the neighboring home.
Key Features
- Built in 1910
- 0.09 acre lot
Property Details
Amenities
Monthly Cost Estimate
$2,540/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
1525 Kennington Street
Indianapolis, IN 46225
Woodruff Sub Morris Add
Questions & Answers
This 0-bedroom, 0-bathroom multi-family at 1525 Kennington Street is listed at $475,000. The estimated monthly payment is $2,058 based on 20% down at 6.5% interest.
Key features include: Built in 1910, 0.09 acre lot.
This property is listed by Lisa Phillips and can be reached at 3172199277 or lisa.phillips@compass.com.
























