This cash-flowing duplex at 1122 N Tuxedo St is bringing in $2,035/month in gross rents and is ready for its next owner to step in and start collecting from day one. Both sides are fully occupied, so there's no downtime, just immediate income. Each unit features 2 bedrooms and 1.5 baths, laid out over two spacious stories that live more like single-family homes. Whether you're looking to expand your portfolio or secure a solid first investment, this property checks the boxes: steady income, desirable layout, and strong rental potential. Disclaimer: These photos have been virtually enhanced to remove some of the current tenant's personal belongings for visualization purposes.
Pending
Price cut: $5K (6/15)
$173,500
1122 N Tuxedo St, Indianapolis, IN 46201
4beds
4baths
--sqft
Multi Family, Duplex
Built in 1910
-- sqft lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Two spacious stories
- 123 days
- 60
- 0
Zillow last checked:
Listing updated:
Listed by:
Mia Chatman 317-759-3004,
Austyn Avenue Real Estate
Source: MIBOR as distributed by MLS GRID,MLS#: 22099866
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
Cooling
- Wall Unit(s)
Appliances
- Laundry: Main Level
Features
- Has basement: No
Property
Parking
- Total spaces: 2
- Parking features: Garage
- Garage spaces: 2
- Details: Unit Parking(2 Car Garage)
Features
- Levels: Two
- Stories: 2
Lot
- Size: 6,098 Square Feet
Details
- Parcel number: 490732103297000101
- Special conditions: As Is
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family, Duplex
Condition
- New construction: No
- Year built: 1910
Community & HOA
Community
- Security: Smoke Detector(s)
- Subdivision: No Subdivision
Location
- Region: Indianapolis
Financial & listing details
- Tax assessed value: $107,100
- Annual tax amount: $2,640
- Date on market: 5/4/2026
- Cumulative days on market: 122 days
- Tenant pays: All Utilities
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 7/13/2026 | Pending sale | $173,500 |
Source:  MIBOR as distributed by MLS GRID #22099866 Report a problem | ||
| 6/15/2026 | Price change | $173,500-2.8% |
Source: MIBOR as distributed by MLS GRID #22099866 Report a problem | ||
| 5/6/2026 | Price change | $178,500+5.1% |
Source: MIBOR as distributed by MLS GRID #22099866 Report a problem | ||
| 5/4/2026 | Listed for sale | $169,900 |
Source: MIBOR as distributed by MLS GRID #22099866 Report a problem | ||
| 12/6/2018 | Listing removed | $735 |
Source: Go Section8 Report a problem | ||
| 7/17/2018 | Listed for rent | $735 |
Source: Go Section8 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,261 +5.1% | $107,100 +12.4% |
| 2024 | $2,151 -2.2% | $95,300 +5.8% |
| 2023 | $2,199 +35.3% | $90,100 -2.6% |
| 2022 | $1,625 -8.8% | $92,500 +32.7% |
| 2021 | $1,782 +2.1% | $69,700 -8.5% |
| 2020 | $1,745 +2.1% | $76,200 +4.1% |
| 2019 | $1,710 +13.1% | $73,200 +3.1% |
| 2018 | $1,512 +97.8% | $71,000 +2.9% |
| 2017 | $764 +14.2% | $69,000 +111.7% |
| 2016 | $669 +13.5% | $32,600 +22.6% |
| 2014 | $590 -28.6% | $26,600 +3.1% |
| 2013 | $826 | $25,800 -26.3% |
| 2011 | -- | $35,000 |
| 2010 | $744 -2.1% | $35,000 |
| 2009 | $759 | $35,000 +15.5% |
| 2007 | -- | $30,300 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: Near Eastside
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