328-330 S Gray ST Indianapolis, IN 46201

Welcome to this charming duplex located in the heart of an up-and-coming neighborhood. This property presents a unique opportunity for investors, renovators, or first-time homebuyers to put their stamp on a piece of the neighborhood. The duplex features two separate units, each with its own unique charm and potential. The main unit boasts 2 bedrooms and 1 bathroom, with a spacious living room and kitchen area. The second unit also has 2 bedrooms and 1 bathroom, making it perfect for a small family or roommate situation. As you step inside, you'll notice the potential is limitless. The property, being sold in As-Is condition, needs some TLC to bring it back to its former glory, but with some elbow grease and creativity, the possibilities are endless. Imagine the transformation you can make with a fresh coat of paint, new flooring, and updated fixtures! The tenants are currently on month-to-month leases, paying below market value, providing a steady stream of income while you work on your vision. With a little bit of sweat equity, you can increase the rent and reap the rewards. This neighborhood is on the cusp of a revitalization effort, with new businesses, restaurants, and shops popping up. Whether you are a seasoned investor looking to add to your portfolio or a savvy homeowner that wants to rent out a unit while you live in the other, this is the opportunity for you.