Property Description

Welcome to 3389 Desota Ave, a beautifully maintained duplex offering classic character, extensive updates, immediate rental income, and excellent upside potential in a highly desirable location. The first-floor 3-bedroom, 1-bath unit is occupied by a long-term anchor tenant paying $900/month. The unit has been very well maintained and features new carpet, freshly painted kitchen cabinets, and new countertops. The upper unit is completely remodeled, vacant, and ready for immediate tenant placement. Updates include new LVP flooring, new carpet, new kitchen cabinets and countertops, a new bathroom vanity and shower surround, new light fixtures, and fresh paint throughout. Original charm remains with beautiful wood cabinetry and elegant leaded-glass cabinet doors in the dining room. Additional highlights include a cozy open-air front porch, vinyl windows throughout, newer dimensional-shingle roof, 2-car garage, and an unfinished third-floor attic offering potential for additional living space. The vacant upper unit is projected to rent for approximately $1,300-$1,400/month, creating potential total rental income of approximately $2,200-$2,300/month, or $26,400-$27,600 annually, once fully occupied. Location is a major highlight! The property is within walking distance of Coventry Village, placing tenants near an eclectic selection of restaurants, cafés, shops, entertainment, nightlife, and neighborhood amenities. Enjoy convenient access to University Circle, nearby universities, parks, cultural attractions, and major roads. The property is POS COMPLIANT, adding valuable peace of mind for the next owner. With its beautiful original details, extensive updates, established tenant, remodeled vacant unit, strong rental upside, 2-car garage, and exceptional walkable location, 3389 Desota Ave is a fantastic opportunity for an investor or owner-occupant seeking character, convenience, and income potential.

Property Features

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