438 E Michigan StreetFortville, IN 46040
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This exceptional investment opportunity will not disappoint! Located just twenty miles northeast of Indianapolis in the heart of thriving Fortville, this portfolio presents 24 fully leased units spread across 12 well-maintained duplexes. Units are similar in size with 18 units featuring 2 bedrooms and 1 bathroom, five 3-bedroom/1 bath and a 1-bedroom/1 bath unit. Tenants pay all of their own utilities. Average rent per unit is $827(income improvement opportunity!). If you are an Investor seeking a high-performing, low-risk asset with strong cash flow, high occupancy, and significant growth potential in a steadily growing area... this portfolio may be the one! (Sale includes: 334-336, 442-444, and 438-440 E Michigan St, 326-328 N Madison St, 408-410,507-509,515-517,521-523 E Ohio, and 415-417, 501-503, 507-509, and 515-517 E Staat)
| 22 hours ago | Status changed to Pending | |
| 22 hours ago | Listing updated with changes from the MLS® | |
| 7 days ago | Listing first seen on site |
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Based on information submitted to the MLS GRID as of 2025-04-04 11:48 AM UTC. 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.
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