For more information regarding the value of a property, please contact us for a free consultation.
7501 E Troy AVE Indianapolis, IN 46239
Want to know what your home might be worth? Contact us for a FREE valuation!

Our team is ready to help you sell your home for the highest possible price ASAP
Key Details
Sold Price $295,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Subdivision No Subdivision
MLS Listing ID 22020572
Sold Date 04/09/25
Year Built 1973
Tax Year 2023
Lot Size 0.500 Acres
Acres 0.5
Property Sub-Type Duplex
Property Description
An incredible investment opportunity in Franklin Township! This beautifully maintained duplex is in immaculate condition. Ready to be owner-occupied. The area market shows a potential monthly rent range of $1295 per unit. This turn-key ready duplex boasts two identical units, each offering a well-appointed living space, featuring 2 bedrooms and 1 bathroom per unit. Each unit is thoughtfully designed with its private driveway, along with a convenient storage shed and washer/dryer. Recent renovations in 2025 have elevated this property to modern standards, ensuring comfort and style for tenants and owners alike. Upgrades include: SS appliances and brand new luxury vinyl plank (LVP) flooring. Completely remodeled with contemporary finishes new cabinets and Quartz countertops. All new interior paint for a crisp, updated appearance. New PEX plumbing supply lines, PVC drain pipes, recent replacements of electrical panels and water heaters (within the last 5 years) New ceiling fans, and new front and back entry doors. A vapor barrier has been installed to enhance the property's longevity. The Dimensional shingle roof was installed in late 2024. The oversized lot offers ample space for future expansion. Consider adding a garage or accessory building, or explore the potential to split the parcel and develop a separate single-family residence (SFR). The duplex is equipped with separately metered electric and gas utilities, Whether you're looking to generate consistent rental income or seeking a home that offers additional income potential, this duplex has it all.
Location
State IN
County Marion
Interior
Fireplace N
Exterior
Roof Type Shingle
Building
Story One
Architectural Style TraditonalAmerican
Structure Type Brick
New Construction false
Schools
School District Franklin Township Com Sch Corp
Read Less

© 2025 Listings courtesy of MIBOR as distributed by MLS GRID. All Rights Reserved.