Welcome to 3389 Desota Ave, a beautifully maintained duplex offering classic character, extensive updates, rental income, and excellent upside in a desirable location. The first-floor 3-bedroom, 1-bath unit is occupied by a long-term tenant paying $900/month with a flexible lease. Well maintained, it 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 LVP flooring, new carpet, kitchen cabinets and countertops, a bathroom vanity and shower surround, light fixtures, and fresh paint. Original charm remains with beautiful wood cabinetry and elegant leaded-glass dining room cabinet doors. Additional highlights include an open-air front porch, vinyl windows, newer dimensional-shingle roof, 2-car garage, and unfinished third-floor attic with potential for additional living space. The upper unit is projected to rent for $1,300–$1,400/month, creating potential total income of $2,200–$2,300/month, or $26,400–$27,600 annually. Alternatively, find a new tenant for the lower unit at market rent of $1,400–$1,500/month for even greater income potential! Location is a major highlight! Walk to Coventry Village and enjoy eclectic restaurants, cafés, shops, entertainment, nightlife, and neighborhood amenities. Convenient access to University Circle, universities, parks, cultural attractions, and major roads adds to the appeal. The property is POS COMPLIANT, providing added peace of mind for the next owner. With original character, extensive updates, an established tenant, a remodeled vacant unit, strong rental upside, a 2-car garage, and an exceptional walkable location, 3389 Desota Ave is a fantastic opportunity for investors or owner-occupants seeking character, convenience, and income potential.
Listing Courtesy of: Ian Grame, iangrameREALTOR@gmail.com With Source One Realty LLC
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