17 Arizona Street, Indianapolis, IN 46225

$375,000 · 0 beds · 0.0 baths

House Hackers, Investors, Live in one and let the other pay your mortgage. Brand New-construction duplex opportunity in the historic Concord neighborhood on Indianapolis's Near Southside, about 0.8 miles from Lucas Oil Stadium and the Wholesale District. The Marion model offers two 2-bed/2-bath units of approximately 980 SF each. Projected rent of $1,950 per unit is supported by 25 nearby 2-bedroom comparables with a median rent of $1,950. Pro forma: $46,800 gross potential rent, $35,203 estimated NOI at 5% vacancy and 8% management. Quick access to downtown via the S Meridian corridor, with Fletcher Place, Fountain Square, and Bates-Hendricks close by. Taxes and insurance are estimates; buyer to verify. This property is broker owned.