1204-1206 Hoyt Avenue
1204-1206 Hoyt Avenue
1204-1206 Hoyt Avenue
1204-1206 Hoyt Avenue
1204-1206 Hoyt Avenue
1204-1206 Hoyt Avenue
1204-1206 Hoyt Avenue
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1204-1206 Hoyt Avenue
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1204-1206 Hoyt Avenue
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1204-1206 Hoyt Avenue
1204-1206 Hoyt Avenue
1204-1206 Hoyt Avenue
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1204-1206 Hoyt Avenue
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Pending

1204-1206 Hoyt Avenue

1204-1206 Hoyt Avenue, Indianapolis, IN 46203

$325,000
Exceptional investment opportunity in the heart of Fountain Square: An updated duplex that promises both immediate income, instant equity and long-term appreciation. This property is not just a building; it's a gateway to the thriving urban lifestyle, ideally situated near iconic Indianapolis landmarks (.4 mile to Fountain Square, 1.2 mile to Gainbridge Fieldhouse, and 1.4 mile to Lucas Oil Stadium). With recent upgrades including New Siding (2025), complete Kitchen and Bathroom remodel on one side (2025), & newer HVAC, this duplex is move-in ready. The meticulously updated short term rental side (1204) with main floor bedroom and 1.5 baths, offers a new loft with a robust income stream. The other side (1206) provides potential for updates, and has a long term tenant for $1100 per month. An appraisal in August 2025 values the property at $340,000 confirming its significant value. Whether your buyer is looking to house hack, needs a turn-key rental, or wants a strategic addition to their portfolio, this property delivers. All furniture in unit 1204 is negotiable. PLEASE DO NOT DISTURB OCCUPANTS. Tenant rights. Agent related to seller.

Studio

3,746 Sq.Ft. lot

Features & Amenities

Interior

  • total bedrooms0
  • Laundry room Laundry Closet, Main Level

Area & Lot

  • Status Pending
  • Lot Area3,746 Sq.Ft.
  • MLS® ID22067683
  • TypeMulti-Family
  • YEAR BUILT1870
  • Architecture StylesRanch
  • Elementary SchoolWilliam McKinley School 39
  • Middle SchoolHW Longfellow Med/STEM Magnet Midl
  • High SchoolArsenal Technical High School
  • School DistrictIndianapolis Public Schools

Exterior

  • STORIES2
  • roofAsphalt
  • lot featuresAccess, Curbs, Sidewalks, Storm Sewer, Mature Trees
  • parkingAlley Access, Assigned, Gravel
  • HEAT TYPEForced Air, Natural Gas
  • AIR CONDITIONINGCentral Air, Wall Unit(s), Other, Window Unit(s)
  • SubstructureConcrete Perimeter, Brick/Mortar, Crawl Space, Brick
  • security FeaturesCarbon Monoxide Detector(s), Closed Circuit Camera(s), Smoke Detector(s), Varies By Unit
  • other exterior FeaturesStorage Shed

Financial

  • Sales Price$325,000

Work With Cara

Cara holds esteemed certifications as a negotiation expert and a Luxury Home Marketing Specialist, showcasing her mastery in the art of deal-making and her profound understanding of the high-end property market. With a strategic approach, she harnesses the power of cutting-edge digital technology, employing an array of sophisticated tactics in real estate sales and marketing. This enables her to effectively showcase properties, engage potential buyers, and secure optimal outcomes in the dynamic real estate landscape.