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.
Itโs 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.
๐ 3 separate units
๐๏ธ 2 bed / 2 bath main-level unit
๐๏ธ 1 bed / 1 bath upper unit
๐๏ธ 1 bed / 1 bath rear unit
๐ฐ $2,525/month current gross rent
๐ฅ Separate furnaces and water heaters for each unit
๐ ๏ธ Approximately $35,000 in recent improvements to the upstairs unit
๐ Two driveways + large tandem-style garage
โจ 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.
๐ Southport area of Indianapolis
๐ฐ Offered at $300,000
The home will be available to tour during our one-hour showing window this Saturday, August 22nd from 2:00โ3:00 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.