4033 Boulevard Place, Indianapolis, IN 46208

$180,000

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

Sold Price
$180,000
List Price
$190,000
MLS#
22112123
Status
SOLD
Days on Market
51
Closing Date
Aug 26, 2026

Property Description

Fantastic investment opportunity with proven stability! This charming Spanish-style duplex has been professionally managed for the past seven years and has a strong rental history. One resident has happily called the property home for approximately six years, while the second unit is leased and welcoming a new resident soon. Each unit offers 1 bedroom, 1 bathroom, inviting front porches full of character, and timeless architectural details that make this property stand out. Current rents are $815 and $895 per month, providing immediate income with established tenancy. Located just minutes from the exciting redevelopment around 40th & Boulevard, you'll enjoy convenient access to some of the area's favorite local destinations, including Gather 22, boutique shopping, coffee shops, breweries, and a growing collection of neighborhood restaurants and entertainment. The continued investment in the surrounding area makes this an attractive opportunity for both seasoned and first-time investors. Whether you're looking to expand your portfolio or purchase your first income-producing property, this well-maintained duplex offers charm, consistent occupancy, and a location that continues to grow in popularity.

Additional Information

Expenses
264
Tenant Pays
All Utilities, Insurance
Owner Pays
Taxes
Basement
Daylight, Storage Space
Stories
One
Architecture
Spanish
Acres
0.12
Financing
Exchange - 1031, Conventional
Region
Washington

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Hanza Realty, LLC. Selling Office: Keller Williams Indpls Metro N.

Information Deemed Reliable But Not Guaranteed. © 2026 MIBOR Broker Listing Cooperative