1130 E Kelly Street, Indianapolis, IN 46203

Property Description

Rare opportunity to own a quality-built, all-brick duplex just minutes from downtown Indianapolis! This property showcases the kind of craftsmanship that's hard to find today-no sloping or soft floors, no bowing walls, just a rock-solid building built to last. Each unit features its own covered concrete patio and private side entrance. The property also includes a rare all-brick 3-car detached garage, with the occupied unit using the 1-car bay and the vacant unit enjoying the 2-car garage. It's incredibly uncommon to find a 2-bedroom rental this close to downtown with a 2-car garage. Additional gravel parking along the side and rear alley provides plenty of off-street parking for tenants and guests. One unit was fully renovated in 2021 and is in excellent condition. It also features a basement bedroom and half-bath suite completed in 2020, creating a functional 3-bedroom layout. The second unit currently has 2 bedrooms after the original family room was converted into a bedroom, while the full unfinished basement offers an excellent opportunity to add a basement bedroom and bath similar to the renovated unit. A future owner could create two 3-bedroom units or maximize income with a room-by-room rental strategy. Excellent location just a 4-minute drive to Fountain Square, only 3 miles from the heart of downtown Indianapolis, and within walking distance of Garfield Park. Whether you're looking to house hack, expand your portfolio, or add value through future improvements, this solid brick duplex is a rare investment opportunity.