1525-1527 Villa

Indianapolis, IN

$139,555

1525-1527 Villa, Indianapolis, IN 46203

Indianapolis, IN 46203 · Hillcrest

MLS# MBR22130949

Listed 2 days ago

0 Beds
0 Baths

About this home

Updated, rent-ready duplex near Fountain Square offering an attractive opportunity for investors and owner-occupants! Located at 1525-1527 Villa Avenue, each two-story unit features 1 bedroom and 1 bathroom. A new roof, forced-air heating, and refreshed interiors add to the property's appeal. With a Market rent of $850 per month, providing a rental-history benchmark for buyers evaluating income potential. The location offers access to Fountain Square's restaurants, independent shops, live music, and arts scene, with downtown Indianapolis employment and entertainment within reach. Investment in the broader southeast downtown area includes the completed South Street Cultural Trail expansion, strengthening connections between Fountain Square, the Wholesale District, and downtown amenities. Fountain Square's HI-FI venue expansion, supported in part by a $1 million READI 2.0 Arts & Culture grant, represents additional investment in the district's entertainment economy. These amenities and ongoing investments may support the area's appeal to renters and homeowners alike. Whether you're expanding your portfolio or planning to live in one unit while renting the other, this updated duplex offers a practical path to ownership with income potential in Indianapolis' near southeast area!

Property Details

Type
Multi-Family
Year Built
1924
Lot Size
0.09 acres
Listed
2 days ago
County
Marion
Listing Office
Keller Williams Indy Metro Partners
Listing Agent
Stuart Houghton

Mortgage Calculator

Estimate principal and interest for this listing.

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$27,911

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Estimated monthly payment

$706/mo

Principal & interest
$706
Loan amount
$111,644

Estimate only — not MLS listing data. Does not include taxes, insurance, or other costs. Rates change daily.

Listed by Keller Williams Indy Metro Partners with Stuart Houghton.

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IDX information is provided exclusively for consumers' personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID, and that 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.

Based on information submitted to the Broker Listing Cooperative listing service as of October 12, 2026 at 1:01 PM EDT. All data is obtained from various sources and may not have been verified by broker or Broker Listing Cooperative listing service. 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.

Based on information submitted to the MLS GRID as of October 12, 2026 at 1:01 PM EDT. 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.