# 24 S Euclid Avenue, Indianapolis, IN 46201

> **TL;DR:** multi-family, $129,000, built 1924.
> Basement. Est. $559/mo. Listed 189 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $129,000 |
| Year Built | 1924 |
| Lot Size | 5,663 sqft (0.13 acres) |
| Property Type | Multi-Family (Duplex) |
| Status | For Sale |
| Days on Market | 189 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $559 |
| **Total** | **$559** |

## Key Amenities

- Basement

## Property Highlights

- Built in 1924
- 0.13 acre lot

## Description

### Agent Description
Repriced to reflect current market conditions and positioned for immediate upside, this 2 bed / 1 bath per unit duplex in Christian Park presents a strong value-add opportunity just five miles east of downtown Indianapolis. One unit is currently leased month-to-month at $900, with the second unit vacant and ready for lease. At stabilized rents of $900 per side, the property offers compelling income potential with a projected 11%+ cap rate and strong debt coverage under current financing conditions. Major capital improvements have already been completed, including a new roof, siding, and gutters in 2022, new HVAC and central air, updated laminate flooring, tiled showers, and a new water heater in 2025. With these big-ticket items addressed, investors and owner occupants can step into reduced near-term maintenance exposure.

## Location

- **Address:** 24 S Euclid Avenue, Indianapolis, IN 46201
- **County:** Marion
- **Neighborhood:** Haywoods Boulevard
- **Coordinates:** 39.768503, -86.093911
- **Google Maps:** https://www.google.com/maps?q=39.768503,-86.093911

## Listing Agent

- **Name:** Colton Haymon
- **Brokerage:** @properties
- **Phone:** 6303011274
- **Email:** colton@atpropertiesind.com

## Primary Photo

![24 S Euclid Avenue - Primary Photo](http://lh.rdcpix.com/c314085af4688c22494b6756d3c38be9l-f582575377r.jpg)

*15 total photos available on [listing page](https://www.propertysimple.com/listing/24-s-euclid-avenue-indianapolis-in-46201-22066065)*

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**MLS#:** 22066065 | **Updated:** 2026-04-25
**Source:** listhub

*Copyright © 2026 MIBOR Service Corporation. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.com/listing/24-s-euclid-avenue-indianapolis-in-46201-22066065)

---

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