Don't miss this remarkable duplex located in the highly sought-after SoBro neighborhood! The area is bustling with investment, making this a prime time to secure a property in this thriving community. Perfect for a first-time homebuyer that wants to use a renovation loan to buy and renovate, or an newer investor that could live on one side and rent the other side out. The duplex is currently generating income with one tenant on a month-to-month lease, and the other tenant on a one-year lease, paying a total of $1,800/month, with estimated market rent at $2,420/month. The addresses are 2026 and 2028 Clay St. Recent updates to the property include fresh paint, updated light fixtures, modern appliances, and a renovated kitchen and bathroom, ensuring it's move-in ready and low maintenance. Situated in a convenient north side location, this property offers easy access to everything Indy has to offer. Enjoy proximity to schools, parks, shopping, and recreational spots like the Monon Trail. Commuting is simplified with access to the Red & Purple Lines, and major roads such as N College Ave, N Keystone Ave, 38th St, and Fall Creek Pkwy. The Fairgrounds are also just a short distance away.
Active
$210,000
2026 Clay St, Indianapolis, IN 46205
4beds
2baths
--sqft
Multi Family, Duplex
Built in 1958
-- sqft lot
$194,200 Zestimate®
$--/sqft
$-- HOA
What's special
Modern appliancesRenovated kitchenUpdated light fixturesFresh paint
- 357 days |
- 287 |
- 18 |
Zillow last checked:
Listing updated:
Listed by:
Andy Tresize 317-701-4289,
Compass Indiana, LLC
Source: MIBOR as distributed by MLS GRID,MLS#: 22038494
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
Heating
- Forced Air, Natural Gas
Features
- Has basement: No
Property
Parking
- Details: Unit Parking(On Street)
Features
- Levels: One
- Stories: 1
Lot
- Size: 5,227 Square Feet
- Features: Access, Busline
Details
- Parcel number: 490718103434000801
- Special conditions: As Is
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Ranch
- Property subtype: Multi Family, Duplex
Materials
- Block
- Roof: Asphalt
Condition
- Updated/Remodeled
- New construction: No
- Year built: 1958
Community & HOA
Community
- Subdivision: Montrose
Location
- Region: Indianapolis
Financial & listing details
- Tax assessed value: $117,200
- Annual tax amount: $2,362
- Date on market: 7/16/2025
- Cumulative days on market: 357 days
- Tenant pays: All Utilities
- Road surface type: Asphalt
Estimated market value
$194,200
$184,000 - $204,000
$1,021/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/16/2025 | Listed for sale | $210,000+250% |
Source: | ||
| 4/26/2021 | Listing removed | -- |
Source: Zillow Rental Manager Report a problem | ||
| 4/20/2021 | Listed for rent | $750 |
Source: Zillow Rental Manager Report a problem | ||
| 4/3/2021 | Listing removed | -- |
Source: Zillow Rental Manager Report a problem | ||
| 3/13/2021 | Listed for rent | $750+25% |
Source: Zillow Rental Manager Report a problem | ||
| 3/29/2018 | Listing removed | $600 |
Source: 360 Realty Property Management Report a problem | ||
| 3/8/2018 | Listed for rent | $600+9.1% |
Source: 360 Realty Property Management Report a problem | ||
| 3/7/2015 | Listing removed | $550 |
Source: 360-Realty Report a problem | ||
| 10/24/2014 | Price change | $550-8.3% |
Source: 360-Realty Report a problem | ||
| 10/13/2014 | Listed for rent | $600 |
Source: 360-Realty Report a problem | ||
| 8/19/2014 | Listing removed | $600 |
Source: 360-Realty Report a problem | ||
| 7/30/2014 | Listed for rent | $600 |
Source: 360-Realty Report a problem | ||
| 1/17/2013 | Listing removed | $600 |
Source: 360 Realty #21207007 Report a problem | ||
| 12/6/2012 | Listed for rent | $600 |
Source: 360 Realty #21207007 Report a problem | ||
| 11/29/2012 | Listing removed | $60,000 |
Source: 360 Realty #21206177 Report a problem | ||
| 11/27/2012 | Listed for sale | $60,000+115.1% |
Source: 360 Realty #21206177 Report a problem | ||
| 9/24/2012 | Sold | $27,900 |
Source: | ||
| 7/11/2003 | Sold | --0 |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,591 +0% | $117,200 +7.3% |
| 2024 | $2,590 +9.7% | $109,200 |
| 2023 | $2,361 +27.3% | $109,200 +9.2% |
| 2022 | $1,855 +14.4% | $100,000 +24.4% |
| 2021 | $1,621 +5.6% | $80,400 +14.9% |
| 2020 | $1,535 +26.8% | $70,000 +7.7% |
| 2019 | $1,210 +12.2% | $65,000 +28% |
| 2018 | $1,079 +3.1% | $50,800 +6.3% |
| 2017 | $1,046 +5.6% | $47,800 +5.8% |
| 2016 | $991 -10.5% | $45,200 -11.7% |
| 2014 | $1,107 +5.2% | $51,200 +3.6% |
| 2013 | $1,052 | $49,400 +5.3% |
| 2012 | $1,052 | $46,900 -0.8% |
| 2011 | -- | $47,300 |
| 2010 | $983 -5.1% | $47,300 -2.7% |
| 2009 | $1,036 | $48,600 -4.9% |
| 2007 | -- | $51,100 +517.9% |
| 2001 | -- | $8,270 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: Fairgrounds
Nearby schools
GreatSchools rating
- 6/10Rousseau McClellan School 91Grades: PK-5Distance: 0.7 mi
- NAJoyce Kilmer School 69Grades: 6Distance: 1.2 mi
- 2/10Shortridge High SchoolGrades: 9-12Distance: 2 mi
A local agent can set up tours, give advice and negotiate with sellers.
- Indiana
- Marion County
- Indianapolis
- 46205
- Fairgrounds
- 2026 Clay St





