Active

8465 Bluff Road

Indianapolis, IN 46217
Mark as Favorite
Bed 0

Bed

Bath 0

Bath

Acres0.41

Acre(Lot)

Income-Producing Duplex Portfolio - Four Fully Rented Units Excellent investment opportunity featuring two duplex properties with four total units, all currently rented. The portfolio offers a strong rental history, with all tenants demonstrating a consistent record of on-time payments. In addition to the four residential units, the property includes four separate garages currently available to be rented for storage, providing an additional income stream. The properties are well maintained and have benefited from numerous recent improvements. Three of the four units have been renovated, including new flooring, lighting, drywall, and interior paint. A new roof and gutters were installed in 2024, and three of the four units have received new water heaters between 2023 and 2025. Two of the four units have new HVAC systems, further enhancing the property's reliability and appeal. Electrical panels have all been replaced and are up to code. Both properties are serviced by well and septic system and have been carefully maintained, with all major systems and components reported to be in good working order. This is a turnkey investment opportunity with established tenants, multiple income sources, and a strong history of ongoing maintenance and improvements.

Read More Expand

Detail Ic Property Details

Property Type : Residential Income

Price : $262,500

AD Id : 89842428

MLS Id : MBR22120492

Lot Size : 0.41 Acre

Year Built : 1976

Garage : 2

County : Marion

Subdivision: No Subdivision

  • Map Map

Map

Map What's Nearby

Map Nearby Areas

Feature Features

  • Interior Features

    Roof: Shingle Laundry Features: Connections All

    Roofing Information

    Shingle
  • Flooring Information

    Construction Materials: Brick
  • Heating & Cooling

    Heating: Electric Cooling: Central Air

  • Building Information

    Year Built: 1976

  • Lot Information

    Lot Square Feet: 17773 Lot Acres: 0.41

    Property Information

    Property Type: Residential Income Sub Type: Duplex Style: Ranch Structure Type: Duplex

  • Listing Price Information

    Original List Price:$262500

  • Tax Information

    Tax Lot: 49-14-21-121-011.000-500 Tax Legal Description: Pt Se1/4 Ne1/4 S21 T14 R3 Beg 361.48' N 670.86' W & 105.82' Sw Of Se Cor P.O.B. Sw106.91' W214.34' Ne106.34' E215.36' To Beg.408Ac Tax Year: 2025 Parcel Number: 491421121011000500

  • Parking Information

    Detached

    Garage Information

    Garage Space: 2

  • Location Information

    Subdivision: No Subdivision City: Indianapolis Direction: GPS Friendly
Sell a home like this and save $15,251 Find out How

How much is this property worth?

Curious about this home's true market value? Use our free Home Evaluation Tool to instantly get a personalized Comparative Market Analysis (CMA) report. Make smarter, data-driven decisions before you buy.

Images
Loading, please wait...

Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
8445 Bluff Road, Indianapolis, IN, 46217 $262,500 -- -- --
Broker Logo

Disclaimer: The information being provided courtesy of MIBOR REALTOR® Association as distributed by MLS GRID and is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the MIBOR REALTOR® Association. ByOwner.com is not a Multiple Listing Service (MLS), nor does it offer MLS access. ByOwner.com is a broker participant of MIBOR REALTOR® Association. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site.

Based on information submitted to the MLS GRID as of 08/27/2026 @ 18:20. All data is obtained from various sources and may not have been verified by the broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Properties displayed may be listed or sold by various participants in the MLS.

Consumer use of IDX Listings Disclaimer: Based on information submitted to the MLS GRID as of 08/27/2026 @ 18:20. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. The data is deemed reliable but is not guaranteed by MLS GRID. The use of the MLS GRID Data may be subject to an end user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time.


DMCA Notice: The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the “DMCA”) provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices must be sent in writing by email to DMCAnotice@MLSGrid.com.
“The DMCA requires that your notice of alleged copyright infringement include the following information:
(1) description of the copyrighted work that is the subject of claimed infringement;
(2) description of the alleged infringing content and information sufficient to permit us to locate the content;
(3) contact information for you, including your address, telephone number and email address;
(4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law;
(5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and
(6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner’s behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.

ByOwner last updated this listing 08/27/2026 @ 18:20

MLS: MIBOR #22120492 LISTED BY: Justin Perrey, PHT Holdings LLC 317-286-6588 SOURCE: MIBOR REALTOR® Association (Listings courtesy of MIBOR REALTOR® Association as distributed by MLS GRID)

Homes around $262,500

Selling? Save $15,251 when you sell a home like this

Tour with a ByOwner Agent