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Dawn Evans

dawn@theevansrealtygroup.com +1(812) 327-8878

Listed by Sarah Jane Johnson • F.C. Tucker Company

$ 325,000

Est. payment -/mo

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Open 10/25 1PM-3PM

1204-1206 Hoyt AVE Indianapolis, IN 46203

3,920 Sqft Lot

Open House

Sat Oct 25, 1:00pm - 3:00pm

Sun Oct 26, 12:00pm - 2:00pm

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Subdivision Spann & Cos 1St Woodlawn Add

MLS Listing ID 22067683

Year Built 1870

Tax Year 2024

Lot Size 3,920 Sqft

Acres 0.09

Property Sub-Type Duplex

Property Description

Exceptional investment opportunity in the heart of Fountain Square: An updated duplex that promises both immediate income, instant equity and long-term appreciation. This property is not just a building; it's a gateway to the thriving urban lifestyle, ideally situated near iconic Indianapolis landmarks (.4 mile to Fountain Square, 1.2 mile to Gainbridge Fieldhouse, and 1.4 mile to Lucas Oil Stadium). With recent upgrades including New Siding (2025), complete Kitchen and Bathroom remodel on one side (2025), & newer HVAC, this duplex is move-in ready. The meticulously updated short term rental side (1204) with main floor bedroom and 1.5 baths, offers a new loft with a robust income stream. The other side (1206) provides potential for updates, and has a long term tenant for $1100 per month. An appraisal in August 2025 values the property at $340,000 confirming its significant value. Whether your buyer is looking to house hack, needs a turn-key rental, or wants a strategic addition to their portfolio, this property delivers. All furniture in unit 1204 is negotiable. PLEASE DO NOT DISTURB OCCUPANTS. Tenant rights.

Location

State IN

County Marion

Rooms

Basement Storage Space, Unfinished

Interior

Heating Forced Air, Natural Gas

Cooling Central Air, Wall Unit(s), Other, Window Unit(s)

Equipment Sump Pump, Varies by Unit

Fireplace N

Exterior

Exterior Feature Storage Shed

View Y/N false

Roof Type Asphalt

Building

Story One and One Half

Foundation Concrete Perimeter, Brick/Mortar, Crawl Space, Brick

Architectural Style Ranch

Structure Type Vinyl Siding

New Construction false

Schools

Elementary Schools William Mckinley School 39

Middle Schools Hw Longfellow Med/Stem Magnet Midl

High Schools Arsenal Technical High School

School District Indianapolis Public Schools

Dawn Evans

Real Estate Broker/Realtor | RB19001118

+1(812) 327-8878

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Dawn Evans

1204-1206 Hoyt AVE Indianapolis, IN 46203

Open House

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

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1204-1206 Hoyt AVE