Finished attic spaceFull basementDetached one-car garageGreat outdoor living space
Exceptional opportunity to own a side-by-side duplex with each unit separately parceled! Welcome to 3116-3118 N Park Ave, where each spacious unit features 3 bedrooms, 2 full bathrooms, and 1 half bathroom, finished attic space, a full basement with the potential to be finished for additional living space, and a detached one-car garage. Each unit also offers a fully fenced backyard with a deck, creating great outdoor living space for future occupants. The property was previously renovated and is now ready for someone to restore it and bring it back to its full potential after deferred maintenance and wear from the previous occupants. The separate parcels provide outstanding flexibility for investors, builders, or owner-occupants looking to build equity. Keep both units as rentals, live in one and sell the other, or sell each property individually. Opportunities like this are hard to find. Conveniently located near downtown Indianapolis, major hospitals, local dining, shopping, and parks. Being sold As-Is.
7 days
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280
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24
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Zillow last checked:
Listing updated:
Listed by:
Ashley Mullin317-760-2897,
FS Houses LLC,
Ryan Mullin317-965-8708,
FS Houses LLC
Source: MIBOR as distributed by MLS GRID,MLS#: 22114993
Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 3
Bathrooms: 3
Features
Has basement: Yes
Property
Parking
Total spaces: 1
Parking features: Detached
Garage spaces: 1
Features
Fencing: Fenced
Lot
Size: 2,613 Square Feet
Details
Additional parcels included: 31163118 Park Avenue L74b
Parcel number: 490624138198000101
Special conditions: As Is
Construction
Type & style
Home type: MultiFamily
Property subtype: Multi Family, Duplex
Condition
Fixer
New construction: No
Year built: 2018
Community & HOA
Community
Subdivision: No Subdivision
Location
Region: Indianapolis
Financial & listing details
Tax assessed value: $277,700
Annual tax amount: $6,600
Date on market: 7/24/2026
Cumulative days on market: 9 days
Estimated market value
Zestimate®
$365,100
Estimated sales range
$347,000 - $383,000
Rent Zestimate®
$2,091/mo
Price history
Date
Event
Price
7/24/2026
Listed for sale
$375,000+41.5%
Source: MIBOR as distributed by MLS GRID #22114993Report a problem
2/28/2026
Listing removed
$265,000
Source: MIBOR as distributed by MLS GRID #22079931Report a problem
1/29/2026
Price change
$265,000-3.6%
Source: MIBOR as distributed by MLS GRID #22079931Report a problem
1/13/2026
Listed for sale
$275,000+2100%
Source: MIBOR as distributed by MLS GRID #22079931Report 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.
See how much you could borrow to make a competitive offer.
Source: MIBOR as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.