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).
Active
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
$204,500 Zestimate®
$--/sqft
$-- HOA
What's special
Cozy carpet upstairsCharming covered front porch
- 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#: 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: 40 days
- Tenant pays: All Utilities
Estimated market value
$204,500
$194,000 - $215,000
$1,280/mo
Price history
| Date | Event | Price |
|---|---|---|
| 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




