Duplex with significant cash flow potential OR possible BRRR For Sale

  • $119,000
  • 4 beds
  • 2 baths
  • 1,950 sqft

Potential of $1600-$1800 monthly ($800-$900 per side) with a purchase price of $119,000 and some cosmetics upgrades! 38/40 S Warman Ave is a 1950-square foot multi-family home (975 sq. ft. per side) features 2 bedrooms and 1 bathroom per side. This duplex features large screened in front porch, new roof, and new siding. The plumbing, electricity, and foundation are all in great shape. Rent-ready with a little paint and a few minor repairs. You can also consider converting to SFH. Please contact Lisa for further details!

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Rent Zestimate®: $900/mo

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Frequently Asked Questions:

  1. Can you provide financing? NO
  2. Are tenants in place? YES, but will move out before the closing.
  3. Are tenants current? N/A
  4. When does the tenant lease expire? N/A
  5. Who pays the utilities? (tenant or owner) TENANTS
  6. Can you manage the rehab? NO
  7. Can you manage the property? NO
  8. Can I lease it from you? NO

What to expect:

  • Property is being sold ‘as-is’.
  • The buyer should do all due diligence needed before agreeing to buy. Any information provided is as a courtesy and is not warranted
  • The buyer will need to sign paperwork and submit $2,000 of non-refundable earnest money to Monument Title to reserve the property.

For further details, please call, text, or email:  
LISA (317)501-5336

38/40 S Warman Ave
Indianapolis, IN 46222
Square Feet:
Lot Size:
0.121 acres
For Sale
Property Type:
Year Built:
Const. Type:

Call 866-335-3739 for more details

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