Cash-Flowing Duplex in Indianapolis - $1,375/Month Income Address: 3063-3065 N Colorado Ave, Indianapolis, IN 46218 Great investment opportunity! This fully rented duplex generates steady cash flow: 2 units - each 2 bed / 1 bath, about 800 sqft + full unfinished basement on a corner lot. Both units currently rented 3063 at $700/month - lease agreement ends 9/30/25 3065 at $675/month - lease agreement ends 4/30/26 Tenants pay electricity and gas. Owner pays for water and sewer. Professional property management in place Perfect for investors looking for immediate income with minimal headaches. 3065: New furnace, newer water heater, gas stove included (the refrigerator belongs to tenant) 3063: new refrigerator, furnace 10 years old, newer water heater, gas stove included

Based on information submitted to MIBOR as of May 20, 2026 8:06 PM EDT . All data is obtained from various sources and has not been, and will not be, verified by broker or MIBOR. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Listing Tools

Property Details

Basic Information

Property

Location

Interior Features

Basement

Community

Schools

Map Location

CENTURY 21 Scheetz - Downtown