$1,282,233
Indianapolis 12-Unit Duplex Portfolio
Details
APN 1012780, 7016186, 7016193, 1024208, 1062672, 1035119
Property Type Multifamily
Sub Type Single Family Rental Portfolio
Square Footage 12,196
Units 12
Cap Rate 9.53%
NOI $122,195
Occupancy 100%
Tenancy Multi
Pro-Forma Cap Rate 10.03%
Pro-Forma NOI $128,570
Price per SqFt $105
Year Built 1919
Year Renovated 1949
Buildings 6
Investment Type Stabilized
Multifamily | 12 Units | $106,853/unit
Marketing description
Full Canopy Real Estate is pleased to present an exceptional opportunity to acquire a stabilized, six-property duplex portfolio totaling 12 units in established Indianapolis, Indiana neighborhoods. Each asset has been actively managed and maintained by the current ownership, offering a new investor immediate cash flow with a clear, executable path to additional upside through targeted rent increases at two of the six properties.
Investment highlights
- Six duplex properties (12 units total) located across established Indianapolis submarkets
- Fully occupied rent roll with consistent operating history, currently self-managed by ownership
- Immediate value-add opportunity: aligning below-market rent at 2204 Admiral and 3118 Guilford lifts portfolio NOI and blended cap rate without capital investment
- Diversified basis across 1919-1949 vintage construction, limiting single-asset risk
- Turnkey acquisition suited to a buyer seeking scaled, single-transaction entry into the Indianapolis duplex/small multifamily market
Listing Contacts
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$122,195.00
$10,182.92/mo
Valuation Metrics
0
DSCR
9.53%
Cap Rate
9.53%
ROI
Map
Zoning
D5 ResidentialTwo FamilyDwelling District Five
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View all 152 uses Last updated May 11, 2026 For deeper zoning details, reports are available at Zoneomics
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