08/20/2026
Looking for an investment property with immediate rental income and room to increase it over time?
My newest listing in the Southport area may be worth a look.
It’s a fully occupied triplex, with all three units currently leased and producing $2,525 per month in gross rent. The rents have not been increased in several years and are currently below market rates for the area.
🏠 3 separate units
🛏️ 2 bed / 2 bath main-level unit
🛏️ 1 bed / 1 bath upper unit
🛏️ 1 bed / 1 bath rear unit
💰 $2,525/month current gross rent
🔥 Separate furnaces and water heaters for each unit
🛠️ Approximately $35,000 in recent improvements to the upstairs unit
🚗 Two driveways + large tandem-style garage
✨ Original woodwork, molding & pocket doors in the main-level unit
For an investor, I think the interesting part here is the combination of existing income today with potential upside in the rents down the road.
📍 Southport area of Indianapolis
💰 Offered at $300,000
The home will be available to tour during our one-hour showing window this Saturday, August 22nd from 2:00–3:00 PM.
If you know someone looking to add another rental property to their portfolio, tag them or send them this post.
Link in the comments.