Investors and house hackers, welcome to 23-25 S Harris Ave-a turn-key, updated side-by-side duplex on Indianapolis' rapidly developing near-west side! Unit 23 is currently rented at $1,265/mo on a month-to-month lease, providing immediate income, while Unit 25 is vacant and move-in ready-ideal for an owner-occupant looking to offset their mortgage with rental income or an investor ready to place their own tenant. With both sides offering nearly identical layouts and finishes, Unit 25 should support a similar rent of approximately $1,265/mo, bringing projected total gross rents to $2,530/mo. Once fully occupied, the property is projected to perform well above the coveted 1% rule, making it an especially compelling option for cash-flow-focused investors. Landlord expenses are kept low with all utilities separately metered and paid by the tenants. Just 10 minutes from Downtown Indy, IU Indianapolis, four major west-side hospitals, the Indianapolis Motor Speedway, and near the new Elanco Global HQ, White River State Park, and Indy Zoo. Both units feature modern updates including durable LVP flooring, carpet upstairs, updated kitchens with white shaker cabinets, and central heating and air. Unit 23 offers 3 beds/1 bath, while Unit 25 features 3 beds/1.5 baths. A covered front porch adds classic 1910 character, while key improvements include a roof estimated at approximately 5 years old. A flexible opportunity for immediate income, house hacking, or long-term portfolio growth. Professional management is already in place and can remain if desired.
Pending
Price cut: $5K (8/19)
$209,900
23 S Harris Ave, Indianapolis, IN 46222
6beds
3baths
--sqft
Multi Family, Duplex
Built in 1910
-- sqft lot
$202,800 Zestimate®
$--/sqft
$-- HOA
What's special
Modern updatesCentral heating and airDurable lvp flooringCarpet upstairs
- 85 days
- 101
- 9
Zillow last checked:
Listing updated:
Listed by:
Peter Stewart peter@peterstewartrealty.com,
Keller Williams Indpls Metro N
Source: MIBOR as distributed by MLS GRID,MLS#: 22113487
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 3
Heating
- Forced Air
Cooling
- Central Air
Features
- Has basement: Yes
Property
Parking
- Details: Unit Parking(On Street)
Features
- Levels: Two
- Stories: 2
Lot
- Size: 4,791 Square Feet
Details
- Parcel number: 491109139006000901
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Traditional
- Property subtype: Multi Family, Duplex
Materials
- Roof: Asphalt
Condition
- Updated/Remodeled
- New construction: No
- Year built: 1910
Community & HOA
Community
- Subdivision: Carpenters Home Place
Location
- Region: Indianapolis
Financial & listing details
- Tax assessed value: $202,000
- Annual tax amount: $4,852
- Date on market: 7/22/2026
- Cumulative days on market: 73 days
- Tenant pays: All Utilities
Estimated market value
$202,800
$193,000 - $213,000
$1,554/mo
Price history
| Date | Event | Price |
|---|---|---|
| 9/25/2026 | Pending sale | $209,900 |
Source: | ||
| 9/21/2026 | Listed for sale | $209,900 |
Source: | ||
| 9/9/2026 | Pending sale | $209,900 |
Source: | ||
| 8/19/2026 | Price change | $209,900-2.3% |
Source: | ||
| 7/22/2026 | Listed for sale | $214,900+10.2% |
Source: | ||
| 8/14/2021 | Listing removed | -- |
Source: Zillow Rental Network Premium Report a problem | ||
| 8/4/2021 | Sold | $195,000+457.1% |
Source: Public Record Report a problem | ||
| 7/23/2021 | Listed for rent | $1,000 |
Source: Zillow Rental Network Premium Report a problem | ||
| 3/10/2021 | Sold | $35,000+29.6% |
Source: Public Record Report a problem | ||
| 5/31/2016 | Sold | $27,000-18.2% |
Source: | ||
| 4/7/2016 | Listed for sale | $33,000 |
Source: RE/MAX Advanced Realty #21408647 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,732 +8.7% | $202,000 +1.3% |
| 2024 | $4,355 +2.7% | $199,400 +8.6% |
| 2023 | $4,240 +92.3% | $183,600 +2.2% |
| 2022 | $2,205 +22.7% | $179,600 +87.9% |
| 2021 | $1,797 +4.6% | $95,600 +23.2% |
| 2020 | $1,719 +24% | $77,600 +6.6% |
| 2019 | $1,387 -72.6% | $72,800 +25.1% |
| 2018 | $5,059 +191.4% | $58,200 -3% |
| 2017 | $1,736 +60.2% | $60,000 +19% |
| 2016 | $1,084 +18.2% | $50,400 +18.9% |
| 2014 | $917 -13.4% | $42,400 -5.4% |
| 2013 | $1,059 | $44,800 -5.1% |
| 2012 | $1,059 | $47,200 +17.7% |
| 2011 | -- | $40,100 -6.1% |
| 2010 | $888 -2.5% | $42,700 |
| 2009 | $910 | $42,700 -10.7% |
| 2007 | -- | $47,800 -18.3% |
| 2005 | -- | $58,500 |
Find assessor info on the county website
Monthly payment
Est. payment




