5925-5935 Devington Road Indianapolis, IN 46226
Other
MLS #: 22081197
Courtesy Of eXp Realty
Property InformationDescription
Well-cared-for 8-unit multifamily property offering dependable income and long-term stability. Each unit features 2 bedrooms, 1 bath, and a detached one-car garage. The property is 100% occupied with long-term tenants and has been easy to own and manage. Current rents include 3 units at $900/month and 5 units at $950/month, with planned rent increases this year. Many updates have already been completed. Additional income potential exists through adding coin-operated laundry in the basement and creating or renting out storage space, offering a great opportunity for future upside. Ideal for an investor seeking a well-maintained, low-maintenance property with room to grow.
Features
- Age: Over 50 Years Old
- Architecture Style: Other
- Building Units: 8
- Cooling System: Central Air
- Exterior Type: Brick
- Heating System: Forced Air
- Legal Description: Devington Acres 1st Sec 0.516Ac Tract 15
- MLSID: 22081197
- Rooms: Basement
MAP & DIRECTIONS
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