Central airNew entry doorsWasher and dryerBrand-new attic insulationFreshly painted throughoutUpdated appliances
Don't miss this exceptional income-producing duplex offering two spacious 3-bedroom, 1.5-bath units a perfect opportunity for investors and aspiring house hackers alike. Thoughtfully updated and move-in ready, this property features central air, new entry doors, washer and dryer, updated appliances, brand-new attic insulation, and a roof that's less than one year old. The 1056 unit has also been freshly painted throughout, giving it a clean, modern feel that's ready for its next occupant. Whether you're looking to expand your investment portfolio or take advantage of the house hacking strategy by living in one unit while renting the other, this property checks all the boxes. With average rents in the area ranging from $1,300 to $1,450 per 3-bedroom unit, the income potential is outstanding. Conveniently located just minutes from I-65, you'll enjoy quick access to downtown and an easy commute to major employers, shopping, dining, and entertainment. As an added incentive, the seller is open to offering reasonable concessions with a full-price offer, creating additional value and flexibility for qualified buyers. Opportunities like this don't stay on the market for long. Whether you're an investor seeking strong cash flow or a buyer looking to offset your mortgage by renting one side, this turnkey duplex is ready to help you build long-term wealth through real estate.
40 days
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317
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19
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Zillow last checked:
Listing updated:
Listed by:
Hammed Lawal317-531-9685,
IB REALTORS
Source: MIBOR as distributed by MLS GRID,MLS#: 22105502
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Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 6
Bathrooms: 4
Main level bathrooms: 6
Heating
Forced Air
Cooling
Central Air
Appliances
Laundry: Main Level, Laundry Room
Features
Basement: Unfinished,Finished
Property
Features
Levels: Two
Stories: 2
Lot
Size: 5,662 Square Feet
Features: Access
Details
Parcel number: 490622107001000101
Special conditions: As Is
Construction
Type & style
Home type: MultiFamily
Architectural style: Traditional
Property subtype: Multi Family, Duplex
Materials
Stone, Vinyl Siding
Foundation: Brick/Mortar
Condition
New construction: No
Year built: 1921
Community & HOA
Community
Security: Smoke Detector(s)
Subdivision: Armstrong
Location
Region: Indianapolis
Financial & listing details
Tax assessed value: $155,300
Annual tax amount: $2,380
Date on market: 6/9/2026
Cumulative days on market: 43 days
Road surface type: Asphalt
Estimated market value
Zestimate®
Not available
Estimated sales range
Not available
Rent Zestimate®
Not available
Price history
Date
Event
Price
7/7/2026
Price change
$269,900-3.6%
Source: MIBOR as distributed by MLS GRID #22105502Report a problem
6/9/2026
Listed for sale
$279,990+78.3%
Source: MIBOR as distributed by MLS GRID #22105502Report a problem
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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