Good opportunity for consistent rental income with this 1 bed / 1 bath duplex. Needs minor updates throughout to make it rent ready. Possibility for $500 a month or more. Both sides have a basement and one side has a room below as well. Up front, an enclosed patio leads into the living rooms which is adjacent to a small, secondary living area. Entering into the rear of the property, the kitchen leads into the bathroom and bedroom in the rear of the home. The full basement makes for easy access to the underside of the property and creates a great space for storage and/or laundry.
Will need some TLC but, overall, a good starting point for years of rental income.
Sold for $50,000
$50,000
1733 S State Ave, Indianapolis, IN 46203
--beds
0baths
504sqft
MultiFamily
Built in 1955
-- sqft lot
$201,400 Zestimate®
$99/sqft
$896 Estimated rent
Home value
$201,400
$169,000 - $240,000
$896/mo
Zestimate® history
Owner options
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$896/mo
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$896/mo
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$251/mo
Est. payment
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Est. payment
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Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Heating
- Other
Features
- Basement: Unfinished
Interior area
- Total interior livable area: 504 sqft
Property
Lot
- Size: 5,227 sqft
Details
- Parcel number: 491018152007000101
Construction
Type & style
- Home type: MultiFamily
Materials
- brick
- Foundation: Crawl/Raised
- Roof: Asphalt
Condition
- Year built: 1955
Community & neighborhood
Location
- Region: Indianapolis
Price history
| Date | Event | Price |
|---|---|---|
| 3/4/2024 | Sold | $50,000-32.4%$99/sqft |
Source: Public Record Report a problem | ||
| 9/23/2021 | Listing removed | -- |
Source: | ||
| 9/7/2021 | Listed for sale | $74,000$147/sqft |
Source: | ||
| 7/6/2021 | Pending sale | $74,000$147/sqft |
Source: | ||
| 6/30/2021 | Listed for sale | $74,000+94.7%$147/sqft |
Source: | ||
| 9/19/2001 | Sold | $38,000$75/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,269 +671.3% | $94,600 -1% |
| 2024 | $294 -9.7% | $95,600 +671% |
| 2023 | $326 +13.9% | $12,400 -10.1% |
| 2022 | $286 +8.4% | $13,800 +11.3% |
| 2021 | $264 -6% | $12,400 +8.8% |
| 2020 | $281 +2.5% | $11,400 -4.2% |
| 2019 | $274 -76.1% | $11,900 +3.5% |
| 2018 | $1,147 +36.1% | $11,500 +5.5% |
| 2017 | $843 -54.2% | $10,900 +3.8% |
| 2016 | $1,839 +5.7% | $10,500 -87% |
| 2014 | $1,740 -12.9% | $80,500 |
| 2013 | $1,999 | $80,500 -9.4% |
| 2012 | $1,999 | $88,900 +15.5% |
| 2011 | -- | $77,000 |
| 2010 | $1,606 -2.4% | $77,000 |
| 2009 | $1,645 | $77,000 +48.4% |
| 2007 | -- | $51,900 |
Find assessor info on the county website
Neighborhood: Near Southeast
Nearby schools
GreatSchools rating
- 2/10Frederick Douglass School 19Grades: PK-5Distance: 0.3 mi
- 5/10Arlington Community Middle SchoolGrades: 6-8Distance: 2.6 mi
- 1/10Arsenal Technical High SchoolGrades: 9-12Distance: 2.2 mi
Get a cash offer in 3 minutes
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Estimated market value
$201,400
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
$201,400
- Indiana
- Marion County
- Indianapolis
- 46203
- Near Southeast
- 1733 S State Ave

