Investor portfolio opportunity in Indianapolis! Income-producing 4-unit multifamily package with strong cash flow and value-add potential. Ideal for investors seeking a buy-and-hold investment property, rental portfolio expansion, or long-term equity growth in a market with steady rental demand. Each unit features a functional layout with opportunity to renovate, increase rents, and maximize returns. Current rental income includes Unit 2941 leased at $850/month through 5/31/2027 and Unit 2943 leased at $865/month through 5/31/2026. Additional units provide further income and upside potential. Sold as-is. Must be purchased together with 2945 Schofield Ave as a package for $339,900. Interior photos shown are from unit 2945 Schofield Ave; finishes and condition of other units may vary. All showings must be scheduled through the 2945 Schofield Ave listing.
Active
$159,900
2941 Schofield Ave, Indianapolis, IN 46218
4beds
2baths
--sqft
Multi Family, Duplex
Built in 1945
-- sqft lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Functional layout
- 66 days |
- 385 |
- 29 |
Zillow last checked:
Listing updated:
Listed by:
Shekinah Lewis 463-320-4950,
eXp Realty, LLC
Source: MIBOR as distributed by MLS GRID,MLS#: 22094423
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
Features
- Has basement: No
Property
Features
- Levels: One
- Stories: 1
Lot
- Size: 9,583 Square Feet
Details
- Parcel number: 490730114142000101
- Special conditions: As Is,Package
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family, Duplex
Condition
- New construction: No
- Year built: 1945
Community & HOA
Community
- Subdivision: Sangster Harrison
Location
- Region: Indianapolis
Financial & listing details
- Tax assessed value: $64,800
- Annual tax amount: $1,523
- Date on market: 5/5/2026
- Cumulative days on market: 69 days
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 5/5/2026 | Listed for sale | $159,900+10.3% |
Source:  MIBOR as distributed by MLS GRID #22094423 Report a problem | ||
| 10/23/2020 | Sold | $145,000+222.2% |
Source: Public Record Report a problem | ||
| 4/4/2020 | Listing removed | $550 |
Source: BHB Investments Report a problem | ||
| 3/2/2020 | Price change | $550+10% |
Source: BHB Investments Report a problem | ||
| 2/28/2020 | Listed for rent | $500+5.3% |
Source: BHB Investments Report a problem | ||
| 9/4/2019 | Listing removed | $475 |
Source: BHB Investments Report a problem | ||
| 6/26/2019 | Listed for rent | $475 |
Source: BHB Investments Report a problem | ||
| 11/28/2017 | Listing removed | $475 |
Source: BHB Investments, LLC - Property # 413198 Report a problem | ||
| 10/20/2017 | Listed for rent | $475+5.6% |
Source: BHB Investments, LLC - Property # 413198 Report a problem | ||
| 10/18/2017 | Listing removed | $45,000 |
Source: No Limit Real Estate, LLC #21469426 Report a problem | ||
| 10/18/2017 | Listed for sale | $45,000+12.5% |
Source: No Limit Real Estate, LLC #21469426 Report a problem | ||
| 10/17/2017 | Sold | $40,000-11.1% |
Source: MIBOR as distributed by MLS GRID #21469426 Report a problem | ||
| 8/18/2017 | Pending sale | $45,000 |
Source: No Limit Real Estate, LLC #21469426 Report a problem | ||
| 7/6/2017 | Listed for sale | $45,000 |
Source: No Limit Real Estate, LLC #21469426 Report a problem | ||
| 6/13/2017 | Pending sale | $45,000 |
Source: No Limit Real Estate, LLC #21469426 Report a problem | ||
| 3/21/2017 | Listed for sale | $45,000-10% |
Source: No Limit Real Estate, LLC #21469426 Report a problem | ||
| 9/12/2014 | Listing removed | $450 |
Source: bhb Report a problem | ||
| 8/13/2014 | Listed for rent | $450 |
Source: bhb Report a problem | ||
| 2/26/2008 | Listing removed | $50,000 |
Source: Number1Expert #2752574 Report a problem | ||
| 11/14/2007 | Listed for sale | $50,000 |
Source: Number1Expert #2752574 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,281 +5.3% | $64,800 +20% |
| 2024 | $1,217 -6.6% | $54,000 +5.3% |
| 2023 | $1,303 +263.5% | $51,300 -7.1% |
| 2022 | $359 +45.2% | $55,200 +16.5% |
| 2021 | $247 -65.5% | $47,400 +44.5% |
| 2020 | $715 +5.7% | $32,800 +8.3% |
| 2019 | $677 +2.1% | $30,300 +6.7% |
| 2018 | $663 -2.4% | $28,400 +0.7% |
| 2017 | $679 +0.1% | $28,200 |
| 2016 | $678 +5.3% | $28,200 -5.4% |
| 2014 | $644 -4.3% | $29,800 |
| 2013 | $674 | $29,800 |
| 2012 | $674 | $29,800 +21.1% |
| 2011 | -- | $24,600 |
| 2010 | $516 -2.3% | $24,600 |
| 2009 | $529 | $24,600 -7.2% |
| 2007 | -- | $26,500 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
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.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: Martindale-Brightwood
Nearby schools
GreatSchools rating
- 4/10Francis W. Parker School 56Grades: PK-8Distance: 0.7 mi
- 2/10Shortridge High SchoolGrades: 9-12Distance: 1.5 mi
- NAJoyce Kilmer School 69Grades: 6Distance: 0.8 mi
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- Indiana
- Marion County
- Indianapolis
- 46218
- Martindale-Brightwood
- 2941 Schofield Ave
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