Income-Producing Duplex Investment Opportunity in Indianapolis! Don't miss your chance to own this income-producing duplex at 214 N Forest Avenue. Featuring two spacious units, each offering 3 bedrooms and 2 full bathrooms, this property is an outstanding opportunity for investors seeking reliable cash flow and long-term value. Both units are currently leased for $1,390 per month, providing immediate and consistent rental income. Each unit features a functional floor plan designed for comfortable living, making this property highly desirable for tenants. Whether you're looking to expand your investment portfolio or add a stable, turnkey rental to your holdings, this duplex offers the opportunity to start generating income from day one. With strong rental history, dependable monthly income, and full occupancy already in place, this is a turnkey investment you won't want to miss. Schedule your showing today!
Active
$229,900
214 N Forest Ave, Indianapolis, IN 46201
3beds
2baths
--sqft
Multi Family, Duplex
Built in 1920
-- sqft lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Two spacious units
- 15 days |
- 316 |
- 24 |
Zillow last checked:
Listing updated:
Listed by:
Seth Ragon 812-525-5966,
Your Home Team,
Corina Jones 317-281-7996,
Your Home Team
Source: MIBOR as distributed by MLS GRID,MLS#: 22111463
Loading...
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
Heating
- Natural Gas
Cooling
- Window Unit(s)
Appliances
- Laundry: Connections All
Features
- Basement: Unfinished
Property
Parking
- Parking features: Attached
- Has attached garage: Yes
- Details: Unit Parking(On Street)
Features
- Levels: One
- Stories: 1
Lot
- Size: 3,484 Square Feet
Details
- Parcel number: 491005152008000101
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family, Duplex
Materials
- Vinyl Siding
- Foundation: Block
- Roof: Shingle
Condition
- New construction: No
- Year built: 1920
Community & HOA
Community
- Subdivision: Clem & Gants
Location
- Region: Indianapolis
Financial & listing details
- Tax assessed value: $84,200
- Annual tax amount: $1,979
- Date on market: 7/1/2026
- Cumulative days on market: 17 days
- Tenant pays: All Utilities
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 7/1/2026 | Listed for sale | $229,900+99.9% |
Source:  MIBOR as distributed by MLS GRID #22111463 Report a problem | ||
| 5/21/2026 | Listing removed | $1,390 |
Source: Zillow Rentals Report a problem | ||
| 4/30/2026 | Listed for rent | $1,390 |
Source: Zillow Rentals Report a problem | ||
| 3/13/2026 | Sold | $115,000-8% |
Source: MIBOR as distributed by MLS GRID #22071137 Report a problem | ||
| 2/19/2026 | Pending sale | $124,999 |
Source: MIBOR as distributed by MLS GRID #22071137 Report a problem | ||
| 2/16/2026 | Listed for sale | $124,999 |
Source: MIBOR as distributed by MLS GRID #22071137 Report a problem | ||
| 2/5/2026 | Pending sale | $124,999 |
Source: MIBOR as distributed by MLS GRID #22071137 Report a problem | ||
| 1/31/2026 | Price change | $124,999-7.4% |
Source: MIBOR as distributed by MLS GRID #22071137 Report a problem | ||
| 10/31/2025 | Listed for sale | $135,000+1828.6% |
Source: MIBOR as distributed by MLS GRID #22071137 Report a problem | ||
| 10/26/2012 | Sold | $7,000-17.6% |
Source: MIBOR as distributed by MLS GRID #21185817 Report a problem | ||
| 9/14/2012 | Price change | $8,500-14.1% |
Source: Impact Realty Group, LLC #21190225 Report a problem | ||
| 8/7/2012 | Listed for sale | $9,900-85.8% |
Source: Impact Realty Group, LLC #21190225 Report a problem | ||
| 7/9/2012 | Sold | $69,955+487.9% |
Source: Public Record Report a problem | ||
| 7/8/2012 | Listed for sale | $11,900-0.8% |
Source: Impact Realty Group, LLC #21185817 Report a problem | ||
| 1/11/2002 | Sold | $12,000 |
Source: MIBOR as distributed by MLS GRID #2155124 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,231 +10.4% | $84,200 -10.4% |
| 2024 | $2,021 +7% | $94,000 +10.3% |
| 2023 | $1,889 +36% | $85,200 +6.5% |
| 2022 | $1,389 +7.9% | $80,000 +32.9% |
| 2021 | $1,288 +23.4% | $60,200 +8.3% |
| 2020 | $1,043 +0.9% | $55,600 +25.8% |
| 2019 | $1,034 +9.6% | $44,200 +1.8% |
| 2018 | $943 +5.6% | $43,400 +4.8% |
| 2017 | $893 +10.1% | $41,400 +9.5% |
| 2016 | $811 +6.5% | $37,800 +7.4% |
| 2014 | $761 +18.1% | $35,200 |
| 2013 | $644 | $35,200 +23.5% |
| 2012 | $644 | $28,500 +28.4% |
| 2011 | -- | $22,200 |
| 2010 | $467 -2.3% | $22,200 |
| 2009 | $477 | $22,200 +63.2% |
| 2007 | -- | $13,600 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: Near Eastside
Nearby schools
GreatSchools rating
- 7/10Center for Inquiry School 2Grades: K-5Distance: 1.6 mi
- 4/10Francis W. Parker School 56Grades: PK-8Distance: 2.3 mi
- 1/10Arsenal Technical High SchoolGrades: 9-12Distance: 0.8 mi
- $122,4001 bd1 ba660 sqft218 N Forest Ave, Indianapolis, IN 46201Off Market
- $106,9001 bd1 ba-- sqft212 N Forest Ave, Indianapolis, IN 46201Off Market
- $106,3001 bd-- ba660 sqft210 N Forest Ave, Indianapolis, IN 46201Off Market
- $123,0002 bd2 ba768 sqft222 N Forest Ave, Indianapolis, IN 46201Off Market
- $40,0002 bd1 ba720 sqft206 N Forest Ave, Indianapolis, IN 46201Sold
- $19,9004,356 Square Feet209 N Keystone Ave, Indianapolis, IN 46201Sold
- $147,0001 bd1 ba622 sqft216 N Forest Ave, Indianapolis, IN 46201Off Market
- $124,900-- bd-- ba-- sqft217 N Keystone Ave, Indianapolis, IN 46201Sold
A local agent can set up tours, give advice and negotiate with sellers.
Similar homes
- $210,0003 bd2 ba2k sqft250 N Oakland Ave, Indianapolis, IN 46201Active
MLS ID #22109276, Barbara Whiteside, Keller Williams Indy Metro NE. MIBOR as distributed by MLS GRID - $225,0004 bd2 ba2k sqft4609 English Ave, Indianapolis, IN 46201Active
MLS ID #22111741, Christi Coffey, F.C. Tucker Company. MIBOR as distributed by MLS GRID - $215,0003 bd2 ba2.3k sqft33 N Dearborn St, Indianapolis, IN 46201Active
MLS ID #22110748, David G Price, Fathom Realty. MIBOR as distributed by MLS GRID - $237,9003 bd2 ba1.7k sqft822 N Beville Ave, Indianapolis, IN 46201Active
MLS ID #22110618, Christina Humphery, Highgarden Real Estate. MIBOR as distributed by MLS GRID - $325,0004 bd3 ba2.7k sqft247 Hendricks Pl, Indianapolis, IN 46201ActiveMLS ID #22112381, Gloria Gear, Keller Williams Indy Metro Partners. MIBOR as distributed by MLS GRID
- $204,9994 bd2 ba2.8k sqft805 N Euclid Ave, Indianapolis, IN 46201ActiveMLS ID #22104811, Chase Lyday, Highgarden Real Estate. MIBOR as distributed by MLS GRID
- $219,9002 bd1 ba1.4k sqft1164 N Gladstone Ave, Indianapolis, IN 46201ActiveMLS ID #22109758, Aaron Gourdouze, Redfin Corporation. MIBOR as distributed by MLS GRID
- $209,9002 bd1 ba1.5k sqft1342 N Oakland Ave, Indianapolis, IN 46201ActiveMLS ID #22111746, James Gilday, eXp Realty, LLC. MIBOR as distributed by MLS GRID
- $224,9003 bd2 ba1.9k sqft1802 S Talbott St, Indianapolis, IN 46225ActiveMLS ID #22111485, Jennifer Goodspeed, Keller Williams Indy Metro Partners. MIBOR as distributed by MLS GRID
- $280,0003 bd1 ba-- sqft319 N Dequincy St, Indianapolis, IN 46201ActiveMLS ID #22093033, Esther Ang, eXp Realty, LLC. MIBOR as distributed by MLS GRID
- $180,0003 bd2 ba2.2k sqft543 N Temple Ave, Indianapolis, IN 46201ActiveMLS ID #22088696, Nancy Hernandez, F.C. Tucker Company. MIBOR as distributed by MLS GRID
- $215,0002 bd1 ba1.3k sqft435 N Bancroft St, Indianapolis, IN 46201ActiveMLS ID #22099679, Brian Coffey, Steve Lew Real Estate Group, LLC. MIBOR as distributed by MLS GRID
- $219,0004 bd2 ba-- sqft216 S Emerson Ave, Indianapolis, IN 46219ActiveMLS ID #22098346, Mihir Bhimaraju, Real Broker, LLC. MIBOR as distributed by MLS GRID
- $155,0003 bd1 ba1.6k sqft233 S Dearborn St, Indianapolis, IN 46201ActiveMLS ID #22112482, Cindy Stockhaus, Better Homes and Gardens Real Estate Gold Key. MIBOR as distributed by MLS GRID
- $184,9004 bd2 ba2.4k sqft2007 Southeastern Ave, Indianapolis, IN 46201ActiveMLS ID #22098459, Lora Reynolds, Epique Inc. MIBOR as distributed by MLS GRID
- $242,5003 bd2 ba2.2k sqft1731 S Arlington Ave, Indianapolis, IN 46203ActiveMLS ID #22086362, Michelle Hammes, Keller Williams Indy Metro NE. MIBOR as distributed by MLS GRID
- $278,0004 bd2 ba1.9k sqft439 S Oakland Ave, Indianapolis, IN 46201ActiveMLS ID #22071446, Adonis Dowbor, eXp Realty, LLC. MIBOR as distributed by MLS GRID
- $300,0004 bd4 ba-- sqft933 N Ewing St, Indianapolis, IN 46201ActiveMLS ID #22085349, Reuben Upadhyay, Better Homes and Gardens Real Estate Gold Key. MIBOR as distributed by MLS GRID
- $245,0003 bd2 ba1k sqft2860 Harlan St, Indianapolis, IN 46203ActiveMLS ID #22102917, Kyle Morris, F.C. Tucker Company. MIBOR as distributed by MLS GRID
- $224,5002 bd2 ba1.2k sqft1238 Cottage Ave, Indianapolis, IN 46203ActiveMLS ID #22101362, Todd Carpenter, Eddy Properties, LLC. MIBOR as distributed by MLS GRID
