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Active
$300,000

2608 E Southport Rd, Indianapolis, IN 46227

4beds
4baths
--sqft
: 
$2,020/mo
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Multi Family, Triplex
Built in 1900
-- sqft lot
$-- Zestimate®
$--/sqft
$-- HOA

What's special

Classic moldingSubstantial woodworkBeautiful original detailsImpressive pocket doorsTwo drivewaysAdditional lean-toUpdated kitchen
Discover a unique investment opportunity in the Southport area of Indianapolis with this fully occupied triplex offering three distinct rental units and plenty of character. The main-level residence features 2 bedrooms and 2 full bathrooms along with beautiful original details, including substantial woodwork, classic molding, and impressive pocket doors that reflect the home's historic charm. Upstairs, the 1-bedroom, 1-bathroom unit has seen approximately $35,000 in recent improvements, including an updated kitchen, electrical upgrades, and a new air-conditioning system. A separate rear 1-bedroom, 1-bathroom unit completes the property. Each unit has its own furnace and water heater, providing added convenience for both ownership and tenants. Outside, the property offers two driveways along with a spacious garage featuring tandem parking and an additional lean-to. All three units are currently leased, making this an excellent opportunity for an investor looking to add an established multifamily property to their portfolio. Conveniently located in the Southport area with easy access to shopping, dining, major roadways, and everything Indianapolis has to offer.
7 days
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473
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21
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Likely to sell faster than

Zillow last checked:

Listing updated:

Listed by:

Christopher Chaulk 317-203-9529,

@properties

Source: MIBOR as distributed by MLS GRID,MLS#: 22121086MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 4
    Heating
    • Natural Gas
    Cooling
    • Window Unit(s)
    Features
    • Has basement: Yes

    Property

    Parking
    • Total spaces: 2
    • Parking features: Detached
    • Garage spaces: 2
    Features
    • Levels: Two
    • Stories: 2
    Lot
    • Size: 0.28 Acres
    Details
    • Parcel number: 491508111006000513
    • Special conditions: As Is

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family, Triplex
    Materials
    • Other
    Condition
    • New construction: No
    • Year built: 1900

    Community & HOA

    Community
    • Subdivision: Indianapolis
    Location
    • Region: Indianapolis

    Financial & listing details

    • Tax assessed value: $283,300
    • Annual tax amount: $7,368
    • Date on market: 8/20/2026
    • Cumulative days on market: 8 days
    • Tenant pays: Electricity, Gas

      Estimated market value

      Not available

      Estimated sales range

      Not available

      Not available

      Price history

      DateEventPrice
      8/20/2026Listed for sale$300,000+145.5%
      Source: MIBOR as distributed by MLS GRID #22121086 Report a problem
      7/1/2015Sold$122,200-6%
      Source: MIBOR as distributed by MLS GRID #21332452 Report a problem
      6/1/2015Pending sale$130,000
      Source: Mike Duncan Real Estate Group #21332452 Report a problem
      1/21/2015Listed for sale$130,000
      Source: Mike Duncan Real Estate Group #21332452 Report a problem

      Public tax history

      YearProperty taxesTax assessment
      2025$6,445 +3.3%$283,300 +11.9%
      2024$6,238 +10.1%$253,200 +3.2%
      2023$5,665 +22.3%$245,300 +10.7%
      2022$4,631 +108.8%$221,500 +24.2%
      2021$2,218 +8.1%$178,400 +4.2%
      2020$2,053 -0.3%$171,200 +8%
      2019$2,059 +1.8%$158,500 +3.5%
      2018$2,022 +6%$153,200 +6.3%
      2017$1,908 +18.3%$144,100 +6.1%
      2016$1,613 -47.1%$135,800 +8.1%
      2014$3,048 +7.7%$125,600 +6.8%
      2013$2,830 $117,600 +1.6%
      2012$2,830 $115,800 +10.6%
      2011-- $104,700 -22.6%
      2010$2,706 +29.2%$135,200 +29.1%
      2009$2,095 $104,700 -6.4%
      2007-- $111,900 +9.5%
      2003-- $102,200 +162.7%
      2002-- $38,900 +199.9%
      2001-- $12,970
      2000-- $12,970
      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: 46227

      Getting around

      53 / 100
      Somewhat Walkable
      22 / 100
      Minimal Transit
      40 / 100
      Somewhat Bikeable

      Nearby schools

      GreatSchools rating

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