Turnkey Triplex in South Belmont - LongTerm Income Opportunity Discover a fully maintained triplex in the sought-after South Belmont neighborhood. This investment property features: *Three units: two one-bedroom apartments and one studio *Bright, functional layouts with laminate floors, full kitchens, updated bathrooms, and abundant natural light *Fresh curb appeal: vinyl siding, inviting front porch, lowmaintenance yard, and street parking *Prime location: minutes from Rhodius Park, William Penn School, local diners, cafes, and everyday conveniences *Income-ready: longterm rental model offering stable monthly cash flow with a combined gross potential of approximately $2,436/mo (about $29,232/year) Ideal for both investors and owner-occupants seeking consistent, predictable rental income. Schedule your showing today!
Sold
$200,000
1344 S Belmont Ave, Indianapolis, IN 46221
3beds
3baths
--sqft
Multi Family, Triplex
Built in 1900
-- sqft lot
$201,900 Zestimate®
$--/sqft
$1,182 Estimated rent
Home value
$201,900
$186,000 - $218,000
$1,182/mo
Zestimate® history
Owner options
List your home for rent
$1,182/mo
Rent Zestimate®
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$1,182/mo
Rent Zestimate®
Refinance and save
$1,338/mo
Est. payment
Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.
$1,338/mo
Est. payment
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List your homeWhat's special
Low maintenance yardBright functional layoutsInviting front porchAbundant natural lightUpdated bathroomsFull kitchensLaminate floors
Zillow last checked:
Listing updated:
Listed by:
Stephen Flanagan 317-236-9172,
R. P. Lux Company
Bought with:
Kyle Hoffman
@properties
Source: MIBOR as distributed by MLS GRID,MLS#: 22027807
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
Heating
- Natural Gas
Cooling
- Window Unit(s)
Appliances
- Laundry: No Laundry Facil.
Features
- Has basement: No
Property
Parking
- Parking features: On Street
Features
- Levels: Two
- Stories: 2
- Fencing: Fenced,Partial
Lot
- Size: 4,356 Square Feet
Details
- Parcel number: 491116105012000901
- Special conditions: Sales Disclosure On File
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Traditional
- Property subtype: Multi Family, Triplex
Materials
- Vinyl Siding
Condition
- New construction: No
- Year built: 1900
Community & HOA
Community
- Security: Smoke Detector(s)
- Subdivision: Belmont
Location
- Region: Indianapolis
Financial & listing details
- Tax assessed value: $100,300
- Annual tax amount: $2,545
- Date on market: 4/10/2025
- Cumulative days on market: 100 days
Price history
| Date | Event | Price |
|---|---|---|
| 9/10/2025 | Sold | $200,000-4.8% |
Source:  MIBOR as distributed by MLS GRID #22027807 Report a problem | ||
| 7/21/2025 | Pending sale | $210,000 |
Source: MIBOR as distributed by MLS GRID #22027807 Report a problem | ||
| 4/10/2025 | Listed for sale | $210,000+400% |
Source: MIBOR as distributed by MLS GRID #22027807 Report a problem | ||
| 6/3/2022 | Sold | $42,000-68.9% |
Source: Public Record Report a problem | ||
| 8/10/2019 | Listing removed | $135,000 |
Source: R. P. Lux Company #21648185 Report a problem | ||
| 6/27/2019 | Pending sale | $135,000 |
Source: R. P. Lux Company #21648185 Report a problem | ||
| 6/24/2019 | Price change | $135,000-6.9% |
Source: R. P. Lux Company #21648185 Report a problem | ||
| 6/20/2019 | Listed for sale | $145,000 |
Source: R. P. Lux Company #21648185 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,411 +8.2% | $100,300 -1.3% |
| 2024 | $2,227 +3.1% | $101,600 +8.2% |
| 2023 | $2,161 +47.8% | $93,900 +2.1% |
| 2022 | $1,463 +15.9% | $92,000 +44.2% |
| 2021 | $1,262 +2.5% | $63,800 +16.2% |
| 2020 | $1,231 +14.8% | $54,900 +4.4% |
| 2019 | $1,072 -0.1% | $52,600 +15.6% |
| 2018 | $1,073 +8.7% | $45,500 -1.5% |
| 2017 | $987 +10.3% | $46,200 +11.3% |
| 2016 | $895 +10.4% | $41,500 +10.1% |
| 2014 | $810 -8.5% | $37,700 -2.8% |
| 2013 | $886 | $38,800 -2.5% |
| 2012 | $886 | $39,800 +7% |
| 2011 | -- | $37,200 -3.6% |
| 2010 | $800 -2.3% | $38,600 |
| 2009 | $819 | $38,600 -6.3% |
| 2007 | -- | $41,200 |
Find assessor info on the county website
Neighborhood: West Indianapolis
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Nearby schools
GreatSchools rating
- 3/10Daniel Webster School 46Grades: PK-5Distance: 0.4 mi
- 4/10William Penn School 49Grades: 6-8Distance: 0.4 mi
- 1/10George Washington Community High School (9-12)Grades: 9-12Distance: 1.2 mi
Get a cash offer in 3 minutes
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Estimated market value
$201,900
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
$201,900
- Indiana
- Marion County
- Indianapolis
- 46221
- West Indianapolis
- 1344 S Belmont Ave
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