Excellent investment opportunity just minutes from Garfield Park! This unique property features two completely separate homes on one parcel, each with its own utilities, central A/C, private living space, and fenced yard access. The front home currently rents for $1,255/month and the rear home rents for $1,045/month, providing immediate rental income. Conveniently located near Garfield Park, shopping, restaurants, and public transportation, with easy access to downtown Indianapolis. Please note: The interior photos were taken prior to the current tenants moving in. We chose not to publish photos containing the tenants' personal belongings to respect their privacy. Additional interior photos are available upon request. Property is tenant occupied. Showings will be scheduled after an accepted offer to minimize disruption to the residents. Buyer inspections and walkthroughs will be completed during the due diligence period. Whether you're looking to add to your portfolio or own a property with two standalone rental homes, this is a rare opportunity in an area seeing continued investment and growth.
37 days
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232
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8
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Zillow last checked:
Listing updated:
Listed by:
Tasheana Hanza317-800-4438,
Hanza Realty, LLC
Source: MIBOR as distributed by MLS GRID,MLS#: 22114118
Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 3
Bathrooms: 2
Cooling
Central Air
Appliances
Laundry: Connections All
Features
Basement: Unfinished
Property
Parking
Total spaces: 2
Parking features: Detached
Garage spaces: 2
Details: Unit Parking(On Street, Other)
Features
Levels: One
Stories: 1
Fencing: Fenced
Lot
Size: 6,098 Square Feet
Details
Parcel number: 491019112084000101
Zoning: Residential
Special conditions: As Is
Construction
Type & style
Home type: MultiFamily
Property subtype: Multi Family, Duplex
Condition
New construction: No
Year built: 1929
Community & HOA
Community
Subdivision: Julian Etal Spring Gardens South
Location
Region: Indianapolis
Financial & listing details
Tax assessed value: $199,800
Annual tax amount: $4,788
Date on market: 7/14/2026
Cumulative days on market: 40 days
Tenant pays: All Utilities, Insurance
Estimated market value
Zestimate®
Not available
Estimated sales range
Not available
Rent Zestimate®
Not available
Price history
Date
Event
Price
8/20/2026
Price change
$229,000-4.2%
Source: MIBOR as distributed by MLS GRID #22114118Report a problem
7/14/2026
Listed for sale
$239,000-9.8%
Source: MIBOR as distributed by MLS GRID #22114118Report a problem