Seize the day and take advantage of an excellent opportunity for an investor who wants a nice brick duplex that cash flows! Located just NW of Beech Grove, this rental property has 762 sf of space/unit with 2 BR's and 1 BA on each side. The first unit's address is 2401 S Perkins and is vacant, and newly rehabbed. It features new LVL flooring throughout, fresh paint, new smoke detectors, newly updated bath with new vanity, sink, faucet, new bath faucet for new shower/tub & new surround. The eat-in kitchen is 12 x12 and has a new drop in sink and faucet, LVL flooring. The unit at 3101 is now vacant also and has been cleaned, and painted throughout, has new smoke detectors. The 3101 side needs new flooring (either carpet or LVL in the bedrooms, hall, and living room. It is a mirror floor plan of the other unit. Both sides have gas heat, central air, laundry hookups, private driveways for parking, and storage sheds. Market rent for this property is $1,000/side, so do not miss the chance to get a solid, cash-flowing investment! Tenants will have convenient access to Beech Grove, Fountain Square, and downtown Indy. This affordable property is being sold "as-is".
137 days
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110
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6
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Zillow last checked:
Listing updated:
Listed by:
Joe Farley317-983-4818,
Tomorrow Realty, Inc.
Source: MIBOR as distributed by MLS GRID,MLS#: 22088058
Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 2
Bathrooms: 1
Main level bathrooms: 4
Heating
Forced Air, Natural Gas
Cooling
Central Air
Appliances
Laundry: Connections All, Laundry Room
Features
Has basement: No
Property
Parking
Parking features: Gravel
Features
Levels: One
Stories: 1
Fencing: Fenced,Chain Link
Lot
Size: 7,840 Square Feet
Features: City Lot, Corner Lot
Details
Additional structures: Barn Mini
Parcel number: 491020104175000101
Special conditions: As Is,Flood Plain,Sales Disclosure On File
Construction
Type & style
Home type: MultiFamily
Architectural style: Ranch
Property subtype: Multi Family, Duplex
Materials
Brick
Foundation: Crawl Space
Roof: Asphalt,Shingle
Condition
New construction: No
Year built: 1962
Community & HOA
Community
Security: Smoke Detector(s)
Subdivision: William L Elders
Location
Region: Indianapolis
Financial & listing details
Tax assessed value: $120,200
Annual tax amount: $2,968
Date on market: 3/13/2026
Cumulative days on market: 132 days
Tenant pays: Electricity, Gas, Grounds Care, Water
Road surface type: Asphalt
Estimated market value
Zestimate®
Not available
Estimated sales range
Not available
Rent Zestimate®
Not available
Price history
Date
Event
Price
7/8/2026
Pending sale
$175,000
Source: MIBOR as distributed by MLS GRID #22088058Report a problem
7/4/2026
Listed for sale
$175,000
Source: MIBOR as distributed by MLS GRID #22088058Report a problem
6/28/2026
Pending sale
$175,000
Source: MIBOR as distributed by MLS GRID #22088058Report a problem
5/18/2026
Price change
$175,000-3.8%
Source: MIBOR as distributed by MLS GRID #22088058Report a problem
3/13/2026
Listed for sale
$182,000
Source: MIBOR as distributed by MLS GRID #22088058Report a problem
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
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.
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