Discover a unique investment opportunity in the heart of downtown Indianapolis. This income-flowing duplex, perfectly positioned near the Children's Museum, Riverside Park, and Newfields, offers a strategic blend of cultural richness and urban convenience. Featuring two, 2-bedroom units on both sides and both units are currently tenant-occupied, this property provides immediate returns on your investment. Recent updates including a new roof, water heater, furnace, and additional renovations, allowing you to focus on maximizing your investment. With leases extending through November 2024 for unit 1062 and April 2024 for unit 1064, stability is already built-in. For those looking to expand their portfolio, consider the potential to bundle this purchase with the adjacent listing at 837/839 W Roache Street, offering an even more significant opportunity for growth and revenue. This duplex is a gateway to a vibrant lifestyle and a thriving investment future in one of Indianapolis's most sought-after locations. Don't let this chance slip through your fingers. Schedule your showing now to take the first step towards securing your piece of Indianapolis's vibrant heart.
Sold
$204,000
1062 W Roache St, Indianapolis, IN 46208
4beds
2baths
--sqft
Multi Family, Duplex
Built in 1910
-- sqft lot
$125,600 Zestimate®
$--/sqft
$1,264 Estimated rent
Home value
$125,600
$118,000 - $134,000
$1,264/mo
Zestimate® history
Owner options
List your home for rent
$1,264/mo
Rent Zestimate®
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$1,264/mo
Rent Zestimate®
Refinance and save
$1,341/mo
Est. payment
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$1,341/mo
Est. payment
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Zillow last checked:
Listing updated:
Listing Provided by:
Eric Forney 317-271-5959,
Keller Williams Indy Metro S,
Lauren Forney 317-478-2621,
Keller Williams Indy Metro S
Bought with:
Eric Forney
Keller Williams Indy Metro S
Lauren Forney
Keller Williams Indy Metro S
Source: MIBOR as distributed by MLS GRID,MLS#: 21967115
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
Heating
- Forced Air
Cooling
- Central Air
Features
- Has basement: Yes
Property
Features
- Levels: Two
- Stories: 2
Lot
- Size: 3,920 sqft
Details
- Parcel number: 490627108118000101
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family, Duplex
Materials
- Foundation: Block, Crawl Space
Condition
- New construction: No
- Year built: 1910
Community & neighborhood
Location
- Region: Indianapolis
- Subdivision: No Subdivision
Price history
| Date | Event | Price |
|---|---|---|
| 7/24/2025 | Sold | $204,000-15% |
Source: Public Record Report a problem | ||
| 12/20/2024 | Sold | $240,000+128.6% |
Source: Public Record Report a problem | ||
| 8/7/2024 | Sold | $105,000-11.8% |
Source:  MIBOR as distributed by MLS GRID #21967115 Report a problem | ||
| 6/26/2024 | Price change | $119,000-25.2% |
Source: MIBOR as distributed by MLS GRID #21967115 Report a problem | ||
| 5/2/2024 | Pending sale | $159,000 |
Source: MIBOR as distributed by MLS GRID #21967115 Report a problem | ||
| 4/24/2024 | Price change | $159,000-11.2% |
Source: MIBOR as distributed by MLS GRID #21967115 Report a problem | ||
| 4/12/2024 | Listed for sale | $179,000 |
Source: MIBOR as distributed by MLS GRID #21967115 Report a problem | ||
| 3/22/2024 | Pending sale | $179,000 |
Source: MIBOR as distributed by MLS GRID #21967115 Report a problem | ||
| 3/8/2024 | Listed for sale | $179,000+3382.5% |
Source: MIBOR as distributed by MLS GRID #21967115 Report a problem | ||
| 11/7/2023 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 9/27/2023 | Listed for rent | $850 |
Source: Zillow Rentals Report a problem | ||
| 4/27/2016 | Sold | $5,140 |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,700 +1.5% | $130,800 +14.9% |
| 2024 | $2,661 -0.7% | $113,800 +1.4% |
| 2023 | $2,680 +21% | $112,200 -1.1% |
| 2022 | $2,215 -4.7% | $113,500 +18.2% |
| 2021 | $2,323 +6% | $96,000 -4.3% |
| 2020 | $2,191 -27.7% | $100,300 +8.1% |
| 2019 | $3,028 +39.7% | $92,800 -3.1% |
| 2018 | $2,168 +395.9% | $95,800 -3.3% |
| 2017 | $437 -79.5% | $99,100 |
| 2016 | $2,128 +5.2% | $99,100 +5.7% |
| 2014 | $2,023 -1.5% | $93,800 |
| 2013 | $2,054 | $93,800 +2.1% |
| 2012 | $2,054 | $91,900 -1.5% |
| 2011 | -- | $93,300 |
| 2010 | $1,937 -2.4% | $93,300 |
| 2009 | $1,984 | $93,300 +5.7% |
| 2007 | -- | $88,300 |
Find assessor info on the county website
Neighborhood: Near NW-Riverside
Nearby schools
GreatSchools rating
- 6/10George Washington Carver School 87Grades: PK-5Distance: 0.7 mi
- 4/10Cold Spring SchoolGrades: K-8Distance: 1.7 mi
- 1/10Crispus Attucks Medical Magnet High School (9-12)Grades: 9-12Distance: 1.6 mi
Schools provided by the listing agent
- Middle: Northwest Community Middle School
- High: George Washington High School
Source: MIBOR as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$125,600
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$125,600
- Indiana
- Marion County
- Indianapolis
- 46208
- Near NW-Riverside
- 1062 W Roache St
Nearby cities
Nearby neighborhoods
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