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2421 Coyner Ave, Indianapolis, IN 46218
WALKTHROUGH FRIDAY, 10/03/25
MUST TEXT 317-751-2308 FOR ACCESS AND TIME

CASH ASKING PRICE
$ 116,990 CASH OR BEST OFFER

AFTER REPAIR VALUE
$ 300,000
High potential value for this Rare large Tri-Plex with multiple Bedrooms each unit

RENTAL ESTIMATE
$ 3,000


PROPERTY DETAILS

• Triplex
• Beds: 8 Total. (3 Beds in lower unit, 3 Beds and 2 Beds Upstairs)
• Baths: 3 Total
• Square Feet: 2,462
• 3 Units
• Separate electric meters and water meters
• Garage: 2 Car
• Rapidly Improving Brookside Park Area!
• Cashflow in the path of development!
• Current Occupancy Owner Occupied
• Occupancy at Close Vacant at Close
• Close of Escrow 11/21/25
• Best Offer Due By 10/06/25 03:00 PM
• Non-Refundable Earnest Money Deposit $ 5,000

MARKET ACTIVITY

SUBJECT PROPERTY : 2421 Coyner Avenue / 8 Beds / 3 Baths / 2,464 Fin Sqft Total / 2-Car Gar / 3 Units Triplex

COMPARABLES / RECENT ACTIVITY

SOLD $285,000 – 2420 Brookside Parkway North Dr / 6 Bed / 2 Bath / 2,576 Fin Sqft / 2 Units

• No Garage, duplex

SOLD $275,000- 1413-1415 N Hamilton Ave / 3 Bed / 1 Bath / 2,016 Fin Sqft / 2 Units

• No Garage, smaller, duplex

SOLD $220,500 – 2926 E 17th St / 4 Bed / 4 Bath / 1,680 Fin Sqft / 4 Units

• Smaller

SOLD $215,000– 1926 N Lasalle St / 4 Bed / 2 Bath / 1,828 Fin Sqft / 2 Units

• No Garage, smaller, duplex

LINK TO COMPS