Strategic Location: Minutes from multiple universities, restaurants, and healthcare.
Strong Demographic Demand: Median 1-bedroom rent in the area is $699.
Rehab Notes:
Cosmetic improvements (paint, fixtures) to reach full rental potential.
Curb appeal opportunities exist — no major system issues reported.
Stable tenancy allows for phased upgrades with continued income.
Comps:
1211 S Rotherwood Ave – 3 bd / 2 ba / 1,248 SqFt – Est. Value: $101,279
1218 S Rotherwood Ave – 3 bd / 1 ba / 1,500 SqFt – Est. Value: $97,798
1615 Monroe Ave – 3 bd / 1 ba / 1,340 SqFt – Est. Value: $131,437
Terms:
CASH BUYERS ONLY: Requires quick and reliable funding.
SOLD AS-IS: No repairs will be made by the seller.
Act Fast: Strong rental metrics and underpriced listing won’t last!
Call to Action:
Experienced Buy & Hold Investors — Act Now!
This fully occupied, tenant-paid utility duplex offers strong returns and rent lift in a rising Indiana market. Perfect for those looking for turnkey cash flow with upside.
Contact Larry Keith for more details and to learn the exact location:
Important Disclosures:
Five Stream Ventures, LLC. is not an appraiser or a general contractor and does not claim to be one. Buyer is to do their own independent due diligence. All properties are sold as is, where is, with no warranties or representations expressed or implied. Five Stream Ventures, LLC. is a real estate investment firm and does not claim to be licensed real estate agents or brokers.
Additional details
Type
Multifamily
Parking
Detached Garage
Built in
1910
Lot size
0.167 acres
Price$90,000
ARV
$140,500
Gross margin
$50,500
Deals nearby
$29,999
(ARV -
$97,000)
2 Beds
1 Baths
1210 sq.ft
$60,000
(ARV -
$200,000)
4 Beds
2 Baths
2504 sq.ft
$14,000
(ARV -
$125,000)
2 Beds
1 Baths
1080 sq.ft
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