1204-1206 Hoyt AVE Open House Save Request In-Person Tour Request Virtual Tour
Indianapolis,IN 46203
OPEN HOUSE
Sat Oct 25, 1:00pm - 3:00pm Sun Oct 26, 12:00pm - 2:00pm
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
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. Agent related to seller.
Location
State IN
County Marion
Interior
Heating Forced Air,Natural Gas
Cooling Central Air,Wall Unit(s),Other,Window Unit(s)
Equipment Sump Pump,Varies by Unit
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
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