INCOME! INCOME! INCOME! - $4,800/MONTH IN SUBSIDIZED VOUCHER RENTAL INCOME! This former 3 unit building now an oversized duplex produces $57,600 in annual gross rental income with rents supported through the IHA housing voucher program. The 1,400 sq. ft. lower unit rents for $2,200/month, while the nearly 2,000 sq. ft. upper unit rents for $2,600/month and features 5 bedrooms and 2 bathrooms, including an impressive third-floor primary suite with its own private bath. Huge backyard, off-street parking, and an existing three-car garage structure add even more future potential.
Active
$399,999
2421 Coyner Ave, Indianapolis, IN 46218
9beds
3baths
--sqft
Multi Family, Duplex
Built in 1910
-- sqft lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Off-street parkingExisting three-car garage structureHuge backyard
- 3 days |
- 191 |
- 18 |
Zillow last checked:
Listing updated:
Listed by:
Dominique Berry 317-319-4809,
BHB Real Estate Group
Source: MIBOR as distributed by MLS GRID,MLS#: 22113720
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 9
- Bathrooms: 3
- Main level bathrooms: 9
Property
Lot
- Size: 5,924 Square Feet
Details
- Parcel number: 490732215009000101
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family, Duplex
Materials
- Brick
Condition
- New construction: No
- Year built: 1910
Community & HOA
Community
- Subdivision: Spades Park
Location
- Region: Indianapolis
Financial & listing details
- Tax assessed value: $174,800
- Annual tax amount: $4,000
- Date on market: 7/13/2026
- Cumulative days on market: 6 days
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 7/13/2026 | Listed for sale | $399,999+393.8% |
Source:  MIBOR as distributed by MLS GRID #22113720 Report a problem | ||
| 7/4/2026 | Price change | $2,600+18.2% |
Source: Zillow Rentals Report a problem | ||
| 6/13/2026 | Listed for rent | $2,200 |
Source: Zillow Rentals Report a problem | ||
| 12/10/2025 | Sold | $81,000-59.5% |
Source: Public Record Report a problem | ||
| 6/24/2025 | Listing removed | -- |
Source: Owner Report a problem | ||
| 3/26/2025 | Listed for sale | $200,000+800.1% |
Source: Owner Report a problem | ||
| 11/23/2004 | Sold | $22,220 |
Source: MIBOR as distributed by MLS GRID #2454684 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,517 +5.4% | $174,800 +17.9% |
| 2024 | $3,337 -10.5% | $148,200 +5.3% |
| 2023 | $3,728 +22.6% | $140,700 -10.9% |
| 2022 | $3,041 +9.2% | $157,900 +19.8% |
| 2021 | $2,783 +2.2% | $131,800 +9.7% |
| 2020 | $2,724 +6.9% | $120,200 +4.2% |
| 2019 | $2,549 +26.9% | $115,400 +7.9% |
| 2018 | $2,009 -0.8% | $107,000 +14.9% |
| 2017 | $2,024 +1.8% | $93,100 |
| 2016 | $1,989 +4.6% | $93,100 +5.9% |
| 2014 | $1,900 -1.1% | $87,900 |
| 2013 | $1,923 | $87,900 +2.6% |
| 2012 | $1,923 | $85,700 -7.8% |
| 2011 | -- | $93,000 |
| 2010 | $1,965 -2.2% | $93,000 |
| 2009 | $2,009 | $93,000 +12.6% |
| 2007 | -- | $82,600 |
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
- 4/10Brookside School 54Grades: PK-5Distance: 0.7 mi
- 3/10H.L. Harshman Magnet Middle SchoolGrades: 6-8Distance: 0.9 mi
- 1/10Arsenal Technical High SchoolGrades: 9-12Distance: 1.2 mi
- $2,2004 bd1 ba1.4k sqft2421 Coyner Ave #A, Indianapolis, IN 46218For Rent
- $171,8004 bd2 ba1.1k sqft2425 NE Coyner Ave, Indianapolis, IN 46218Off Market
- $113,4002 bd1 ba1k sqft2425 Coyner Ave, Indianapolis, IN 46218Off Market
- $126,3004 bd0 ba1.7k sqft2417 Coyner Ave, Indianapolis, IN 46218Off Market
- $94,9003 bd1 ba1.1k sqft2411 Coyner Ave, Indianapolis, IN 46218Off Market
- $295,0003 bd1 ba2k sqft2433 Coyner Ave, Indianapolis, IN 46218For Sale
- $264,9003 bd3 ba1.9k sqft2409 Coyner Ave, Indianapolis, IN 46218Off Market
- $189,9003 bd2 ba1.1k sqft2437 Coyner Ave, Indianapolis, IN 46218For Sale
A local agent can set up tours, give advice and negotiate with sellers.
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