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Active
  • Price cut: $5K (8/19)
    $209,900

    23 S Harris Ave, Indianapolis, IN 46222

    6beds
    3baths
    --sqft
    : 
    $1,456/mo
    Get pre-qualified
    Multi Family, Duplex
    Built in 1910
    -- sqft lot
    $204,500 Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Cozy carpet upstairsCharming covered front porch
    Attention investors: welcome to 23-25 S Harris Ave, a fully turn-key, cash-flowing side-by-side duplex on Indianapolis' high-growth near-west side where gross rents exceed the 1% rule from day one! Delivering $2,290/mo in total income (Unit 23 at $1,265/mo, Unit 25 at $1,025/mo, both month-to-month), this asset features low landlord overhead with all utilities separately metered and paid by the tenants. Perfectly situated just 10 minutes from Downtown Indy, IU campus, four major west-side hospitals, the Indianapolis Motor Speedway, and blocks from the new Elanco Global HQ, White River State Park, and the Indy Zoo, tenant demand remains exceptionally strong. Both units feature identical modern updates including durable LVP flooring in main living areas, cozy carpet upstairs, and redone kitchens boasting crisp white shaker cabinets. Both have central heating/air. Unit 23 offers a 3-bed/1-bath layout while Unit 25 offers 3-bed/1.5-baths. Welcomed by a charming covered front porch, this 1910 build combines classic character with key capital improvements, including a roof estimated at just 5 years old. An ideal portfolio add with immediate cash flow and substantial long-term appreciation potential! Professional management in place for a seamless ownership transfer (if desired).
    39 days
    598
    60

    Zillow last checked:

    Listing updated:

    Listed by:

    Peter Stewart 317-450-9202,

    Keller Williams Indpls Metro N

    Source: MIBOR as distributed by MLS GRID,MLS#: 22113487MLS Logo

      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: 40 days
      • Tenant pays: All Utilities

        Estimated market value

        $204,500

        $194,000 - $215,000

        $1,280/mo

        Price history

        DateEventPrice
        8/19/2026Price change$209,900-2.3%
        Source: MIBOR as distributed by MLS GRID #22113487 Report a problem
        7/22/2026Listed for sale$214,900+10.2%
        Source: MIBOR as distributed by MLS GRID #22113487 Report a problem
        8/14/2021Listing removed--
        Source: Zillow Rental Network Premium Report a problem
        8/4/2021Sold$195,000+457.1%
        Source: Public Record Report a problem
        7/23/2021Listed for rent$1,000
        Source: Zillow Rental Network Premium Report a problem
        3/10/2021Sold$35,000+29.6%
        Source: Public Record Report a problem
        5/31/2016Sold$27,000-18.2%
        Source: MIBOR as distributed by MLS GRID #21408647 Report a problem
        4/7/2016Listed for sale$33,000
        Source: RE/MAX Advanced Realty #21408647 Report a problem

        Public tax history

        YearProperty taxesTax 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

        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.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: Near Westside

        Getting around

        73 / 100
        Very Walkable
        33 / 100
        Some Transit
        50 / 100
        Bikeable

        Nearby schools

        GreatSchools rating

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