2433 N Kenwood Avenue, IN 46208

Property Description

Excellent opportunity for both investors and owner-occupants with this duplex offering income potential and flexibility. Live in one unit while renting the other, or lease both for immediate cash flow. The lower unit (2435) features 1 bedroom and 1 bathroom, while the upper unit (2433) offers 2 bedrooms and 1 bathroom. The property includes a spacious backyard with convenient alley access. Unit 2433 received a new A/C unit in April 2026. Both units are currently leased, providing immediate rental income, with rents below market and the opportunity to increase rental income over time. All utilities are separately metered except for water, which can be separately metered. Conveniently located less than one mile from The Children's Museum and I-65, the property is situated in an area experiencing ongoing revitalization, making it an attractive opportunity for both investors and future owner-occupants.