This turnkey duplex presents an incredible investment opportunity with a steady stream of income, currently managed by BHB Management. Perfect for investors looking for a cash-flowing property, this updated duplex features two 2-bedroom, 1-bathroom units generating a total of $1,774 per month in rental income. The downstairs unit rents for $899, while the upstairs unit is leased for $750. Recent updates include new LVP flooring and replaced windows, ensuring a move-in-ready investment. The upstairs unit operates on all-electric utilities, while the downstairs unit utilizes electric, gas, and water. Located within walking distance of the iconic Long's Bakery, this property offers a strong rental opportunity & investment.
Sold
$143,750
1245 N Tremont St, Indianapolis, IN 46222
4beds
2baths
--sqft
Multi Family, Duplex
Built in 1920
-- sqft lot
$157,900 Zestimate®
$--/sqft
$1,599 Estimated rent
Home value
$157,900
$134,000 - $183,000
$1,599/mo
Zestimate® history
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$950/mo
Est. payment
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Est. payment
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List your homeWhat's special
All-electric utilitiesReplaced windowsNew lvp flooring
Zillow last checked:
Listing updated:
Listed by:
Max Moore 317-476-3338,
@properties,
Kyle Hoffman,
@properties
Bought with:
Amanda Clark
Clark Realty, LLC
Source: MIBOR as distributed by MLS GRID,MLS#: 22025240
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
Features
- Has basement: Yes
Property
Features
- Levels: One and One Half
- Stories: 1
Lot
- Size: 5,662 Square Feet
Details
- Parcel number: 490633130045000901
- Zoning: Residential
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family, Duplex
Condition
- New construction: No
- Year built: 1920
Community & HOA
Community
- Subdivision: No Subdivision
Location
- Region: Indianapolis
Financial & listing details
- Tax assessed value: $137,100
- Annual tax amount: $1,768
- Date on market: 3/7/2025
- Cumulative days on market: 17 days
Price history
| Date | Event | Price |
|---|---|---|
| 5/13/2025 | Sold | $143,750-4.2% |
Source:  MIBOR as distributed by MLS GRID #22025240 Report a problem | ||
| 4/9/2025 | Pending sale | $149,999 |
Source: MIBOR as distributed by MLS GRID #22025240 Report a problem | ||
| 4/3/2025 | Price change | $149,999-3.2% |
Source: MIBOR as distributed by MLS GRID #22025240 Report a problem | ||
| 3/24/2025 | Listed for sale | $154,900 |
Source: MIBOR as distributed by MLS GRID #22025240 Report a problem | ||
| 3/8/2025 | Pending sale | $154,900 |
Source: MIBOR as distributed by MLS GRID #22025240 Report a problem | ||
| 3/7/2025 | Listed for sale | $154,900+21% |
Source: MIBOR as distributed by MLS GRID #22025240 Report a problem | ||
| 8/28/2024 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 7/24/2024 | Price change | $875-7.9% |
Source: Zillow Rentals Report a problem | ||
| 6/5/2024 | Listed for rent | $950+5.6% |
Source: Zillow Rentals Report a problem | ||
| 6/9/2023 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 5/14/2023 | Listed for rent | $900 |
Source: Zillow Rentals Report a problem | ||
| 5/8/2023 | Sold | $128,000-11.7% |
Source: MIBOR as distributed by MLS GRID #21911889 Report a problem | ||
| 4/13/2023 | Pending sale | $145,000 |
Source: MIBOR as distributed by MLS GRID #21911889 Report a problem | ||
| 3/23/2023 | Listed for sale | $145,000+14499900% |
Source: MIBOR as distributed by MLS GRID #21911889 Report a problem | ||
| 2/2/2011 | Listing removed | $1 |
Source: United Country Report a problem | ||
| 11/21/2010 | Listed for sale | $1 |
Source: United Country Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,348 +89.5% | $137,100 -2.8% |
| 2024 | $1,767 +2.7% | $141,100 +89.4% |
| 2023 | $1,721 +48.9% | $74,500 +2.2% |
| 2022 | $1,156 +16.3% | $72,900 +45.5% |
| 2021 | $993 +2.9% | $50,100 +16.8% |
| 2020 | $966 +15.5% | $42,900 +4.9% |
| 2019 | $836 +5.9% | $40,900 +16.5% |
| 2018 | $790 +7% | $35,100 -1.7% |
| 2017 | $738 +6.4% | $35,700 +11.9% |
| 2016 | $694 +11.8% | $31,900 +11.1% |
| 2014 | $621 -9.3% | $28,700 -3.4% |
| 2013 | $684 | $29,700 -2.6% |
| 2012 | $684 | $30,500 -17.1% |
| 2011 | -- | $36,800 -3.7% |
| 2010 | $794 -2.5% | $38,200 |
| 2009 | $814 | $38,200 -6.6% |
| 2007 | -- | $40,900 |
Find assessor info on the county website
Neighborhood: Near Westside
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Nearby schools
GreatSchools rating
- 4/10Ernie Pyle School 90Grades: PK-5Distance: 0.8 mi
- 4/10William Penn School 49Grades: 6-8Distance: 2.2 mi
- 1/10George Washington Community High School (9-12)Grades: 9-12Distance: 1.4 mi
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Estimated market value
$157,900
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Estimated market value
$157,900
- Indiana
- Marion County
- Indianapolis
- 46222
- Near Westside
- 1245 N Tremont St
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