3543 Payton Ave Indianapolis, IN 46226
- Residential income homes
Current Use by Public Records
- Residential income homes
Property Details for 3543 Payton Ave
- Property type
- Residential income homes
Description
This exceptional investment opportunity presents a portfolio of nine single-family rental homes located in Indianapolis, Indiana, at 3543 Payton Ave, zip code 46226, within Marion County. The portfolio boasts a strong 8% capitalization rate and is currently 100% occupied, generating immediate cash flow. Each of the nine buildings comprises a single unit, offering a simplified management structure. The asking price for this Class B multifamily property is $1,275,000, translating to approximately $141,667 per unit. The seller is offering attractive financing options, including a 5.75% interest rate loan with a three-year balloon payment. This presents a compelling opportunity for investors seeking a stable, high-yielding investment in a desirable Indianapolis location. The property's strong occupancy rate and attractive financing terms make it an ideal addition to any real estate portfolio. Further details are available upon request.
Value Estimation
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CAP approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Indianapolis
- County
- Marion
- State
- Indiana
- Longitude
- -86.031839
- Latitude
- 39.8217796