Active

Price cut: $5K (6/15)

$173,500

1122 N Tuxedo St, Indianapolis, IN 46201

4beds

4baths

--sqft

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Multi Family, Duplex

Built in 1910

-- sqft lot

$-- Zestimate^®

$--/sqft

$-- HOA

What's special

Two spacious stories

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.

67 days

630

55

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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: 69 days
Tenant pays: All Utilities

Estimated market value

Not available

Estimated sales range

Not available

Price history

Date	Event	Price
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

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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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