Potential Cash-Flowing Duplex Near Downtown Indianapolis Don't miss this rare opportunity to own a well-maintained 5-bedroom duplex on the Near West Side just minutes from downtown! Whether you're an investor or an owner-occupant, live in one unit and rent the other for income and upside in a fast-growing market. Each unit offers over 1,000 square feet of living space: 1135 S Richland: A fully renovated 3 bed, 1 bath unit-top-to-bottom rehabbed and move-in ready. Previously rented at $1,175/month.1133 S Richland: A 2 bed, 1 bath unit remodeled within the past three years. Live in one, lease the other, or rent both for strong cash flow in an area with high rental demand. This property offers income potential and long-term appreciation potential.
Sold
$170,000
1133 S Richland St, Indianapolis, IN 46221
5beds
2baths
--sqft
Multi Family, Duplex
Built in 1900
-- sqft lot
$171,700 Zestimate®
$--/sqft
$1,080 Estimated rent
Home value
$171,700
$160,000 - $185,000
$1,080/mo
Zestimate® history
Owner options
List your home for rent
$1,080/mo
Rent Zestimate®
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$1,080/mo
Rent Zestimate®
Refinance and save
$1,123/mo
Est. payment
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$1,123/mo
Est. payment
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Zillow last checked:
Listing updated:
Listed by:
Mariah Hernandez 317-993-1011,
Triple E Realty, LLC
Bought with:
Richard Vinson
Trueblood Real Estate
Source: MIBOR as distributed by MLS GRID,MLS#: 22051638
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 2
Appliances
- Laundry: Connections Some
Property
Parking
- Details: Unit Parking(On Street)
Features
- Levels: One and One Half
- Stories: 1
Lot
- Size: 6,098 Square Feet
- Features: Access, Curbs, Sidewalks
Details
- Parcel number: 491110111027000101
- Special conditions: As Is
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Traditional
- Property subtype: Multi Family, Duplex
Materials
- Vinyl Siding
Condition
- New construction: No
- Year built: 1900
Community & HOA
Community
- Security: Smoke Detector(s)
- Subdivision: Kuhn & Johnsons
Location
- Region: Indianapolis
Financial & listing details
- Tax assessed value: $155,500
- Annual tax amount: $3,372
- Date on market: 7/18/2025
- Cumulative days on market: 103 days
- Tenant pays: Electricity, Gas
Price history
| Date | Event | Price |
|---|---|---|
| 3/14/2026 | Listing removed | $895 |
Source: Zillow Rentals Report a problem | ||
| 3/7/2026 | Price change | $895-5.3% |
Source: Zillow Rentals Report a problem | ||
| 2/17/2026 | Price change | $945-5% |
Source: Zillow Rentals Report a problem | ||
| 1/20/2026 | Listed for rent | $995+13.7% |
Source: Zillow Rentals Report a problem | ||
| 12/3/2025 | Sold | $170,000-8.1% |
Source:  MIBOR as distributed by MLS GRID #22051638 Report a problem | ||
| 11/13/2025 | Pending sale | $184,900 |
Source: MIBOR as distributed by MLS GRID #22051638 Report a problem | ||
| 11/4/2025 | Price change | $184,900-2.6% |
Source: MIBOR as distributed by MLS GRID #22051638 Report a problem | ||
| 10/13/2025 | Price change | $189,900-2.6% |
Source: MIBOR as distributed by MLS GRID #22051638 Report a problem | ||
| 9/30/2025 | Listed for sale | $194,900 |
Source: MIBOR as distributed by MLS GRID #22051638 Report a problem | ||
| 9/16/2025 | Pending sale | $194,900 |
Source: MIBOR as distributed by MLS GRID #22051638 Report a problem | ||
| 8/20/2025 | Price change | $194,900-4.9% |
Source: MIBOR as distributed by MLS GRID #22051638 Report a problem | ||
| 7/18/2025 | Listed for sale | $204,900+78.2% |
Source: MIBOR as distributed by MLS GRID #22051638 Report a problem | ||
| 5/14/2024 | Listing removed | -- |
Source: MIBOR as distributed by MLS GRID #21973884 Report a problem | ||
| 4/16/2024 | Listed for rent | $875+12.9% |
Source: MIBOR as distributed by MLS GRID #21973884 Report a problem | ||
| 4/15/2022 | Listing removed | -- |
Source: Zillow Rental Network Premium Report a problem | ||
| 4/4/2022 | Price change | $775-3.1% |
Source: Zillow Rental Network Premium #21829957 Report a problem | ||
| 2/25/2022 | Listed for rent | $800+14.3% |
Source: Zillow Rental Network Premium #21829957 Report a problem | ||
| 11/22/2021 | Sold | $115,000+15% |
Source: MIBOR as distributed by MLS GRID #21817928 Report a problem | ||
| 10/9/2021 | Pending sale | $100,000 |
Source: MIBOR as distributed by MLS GRID #21817928 Report a problem | ||
| 10/7/2021 | Listed for sale | $100,000+11.7% |
Source: MIBOR as distributed by MLS GRID #21817928 Report a problem | ||
| 1/13/2021 | Sold | $89,500-0.4% |
Source: MIBOR as distributed by MLS GRID #21757559 Report a problem | ||
| 12/22/2020 | Pending sale | $89,900 |
Source: MIBOR as distributed by MLS GRID #21757559 Report a problem | ||
| 12/17/2020 | Listed for sale | $89,900+156.9% |
Source: Keller Williams Indpls Metro N #21757559 Report a problem | ||
| 4/24/2020 | Listing removed | $700 |
Source: Zillow Rental Network Report a problem | ||
| 3/17/2020 | Price change | $700-4.1% |
Source: Zillow Rental Network Report a problem | ||
| 2/19/2020 | Listed for rent | $730+4.3% |
Source: Zillow Rental Network Report a problem | ||
| 2/12/2019 | Listing removed | $700 |
Source: Stewardship Properties Report a problem | ||
| 5/31/2018 | Sold | $35,000 |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,372 +12.9% | $155,500 +9.4% |
| 2024 | $2,986 -3.5% | $142,100 +12.9% |
| 2023 | $3,095 +208.5% | $125,900 -4% |
| 2022 | $1,003 +25.6% | $131,100 +201.4% |
| 2021 | $799 +2.2% | $43,500 +26.1% |
| 2020 | $781 +1.6% | $34,500 +4.2% |
| 2019 | $769 +13.6% | $33,100 +2.5% |
| 2018 | $678 +0.8% | $32,300 +11.8% |
| 2017 | $672 +11% | $28,900 +3.6% |
| 2016 | $606 +4.9% | $27,900 +4.5% |
| 2014 | $577 -15.9% | $26,700 -15.8% |
| 2013 | $686 | $31,700 +3.6% |
| 2012 | $686 | $30,600 +19.5% |
| 2011 | -- | $25,600 -1.9% |
| 2010 | $548 -2.3% | $26,100 |
| 2009 | $560 | $26,100 -20.2% |
| 2007 | -- | $32,700 |
Find assessor info on the county website
Neighborhood: West Indianapolis
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Nearby schools
GreatSchools rating
- 7/10Center for Inquiry School 2Grades: K-5Distance: 2.8 mi
- 4/10William Penn School 49Grades: 6-8Distance: 0.2 mi
- 1/10George Washington Community High School (9-12)Grades: 9-12Distance: 1 mi
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Estimated market value
$171,700
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
$171,700
- Indiana
- Marion County
- Indianapolis
- 46221
- West Indianapolis
- 1133 S Richland St
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