Located in the heart of Indianapolis' vibrant Mapleton-Fall Creek area, 3137-3139 Guilford Avenue offers a strong investment opportunity with built-in income. This duplex features two units, with one side currently tenant-occupied, providing immediate rental revenue while leaving the second unit available for additional income or owner occupancy. The property sits just minutes from Downtown Indianapolis, the Monon Trail, Fall Creek Trail, and popular local destinations like the Children's Museum, Goose the Market, and nearby coffee shops and dining options along College Avenue and Meridian Street. The neighborhood continues to see growth and revitalization, making it attractive to both renters and homeowners. With its prime location, income potential, and flexibility, this duplex is a great opportunity for investors or buyers looking to offset their mortgage with rental income.
Sold
$257,000
3137 Guilford Ave, Indianapolis, IN 46205
6beds
2baths
--sqft
Multi Family, Duplex
Built in 1900
-- sqft lot
$259,200 Zestimate®
$--/sqft
$1,381 Estimated rent
Home value
$259,200
$244,000 - $275,000
$1,381/mo
Zestimate® history
Owner options
List your home for rent
$1,381/mo
Rent Zestimate®
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$1,381/mo
Rent Zestimate®
Refinance and save
$1,603/mo
Est. payment
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$1,603/mo
Est. payment
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Zillow last checked:
Listing updated:
Listed by:
Mark Jones 317-546-3482,
PMI Midwest
Bought with:
Linda Olsen
L&P Properties, LLC
Source: MIBOR as distributed by MLS GRID,MLS#: 22083003
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 2
- Main level bathrooms: 6
Appliances
- Laundry: No Laundry Facil.
Features
- Has basement: Yes
Property
Parking
- Details: Unit Parking(On Street)
Features
- Levels: Two
- Stories: 2
Lot
- Size: 7,840 Square Feet
- Features: Sidewalks
Details
- Parcel number: 490719132053000101
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Traditional
- Property subtype: Multi Family, Duplex
Materials
- Wood Siding, Brick
- Foundation: Block
Condition
- New construction: No
- Year built: 1900
Community & HOA
Community
- Security: Smoke Detector(s)
- Subdivision: North Side
Location
- Region: Indianapolis
Financial & listing details
- Tax assessed value: $191,200
- Annual tax amount: $4,428
- Date on market: 2/6/2026
- Cumulative days on market: 20 days
Price history
| Date | Event | Price |
|---|---|---|
| 4/9/2026 | Sold | $257,000+31.1% |
Source:  MIBOR as distributed by MLS GRID #22083003 Report a problem | ||
| 7/29/2022 | Sold | $196,000+26.5% |
Source: MIBOR as distributed by MLS GRID #21867721 Report a problem | ||
| 6/25/2021 | Sold | $155,000+10.7% |
Source: MIBOR as distributed by MLS GRID #21749033 Report a problem | ||
| 11/8/2019 | Sold | $140,000+1300% |
Source: Public Record Report a problem | ||
| 2/19/2018 | Sold | $10,000-25.9% |
Source: Public Record Report a problem | ||
| 5/13/2010 | Sold | $13,500+164.7% |
Source: Public Record Report a problem | ||
| 4/7/2010 | Sold | $5,100-73.6% |
Source: Public Record Report a problem | ||
| 11/19/2009 | Sold | $19,350 |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,428 +7.7% | $191,200 +2.5% |
| 2024 | $4,113 +5% | $186,600 +7.6% |
| 2023 | $3,917 +39.5% | $173,400 +4.5% |
| 2022 | $2,808 +16.7% | $165,900 +36.3% |
| 2021 | $2,406 +42.5% | $121,700 +17.1% |
| 2020 | $1,688 -2.5% | $103,900 +45.3% |
| 2019 | $1,732 -26% | $71,500 -1.7% |
| 2018 | $2,341 -24.8% | $72,700 +0.8% |
| 2017 | $3,112 +89.6% | $72,100 |
| 2016 | $1,641 +4.4% | $72,100 -0.8% |
| 2014 | $1,572 -3.1% | $72,700 |
| 2013 | $1,622 | $72,700 +0.8% |
| 2012 | $1,622 | $72,100 +27.2% |
| 2011 | -- | $56,700 |
| 2010 | $1,184 -2.4% | $56,700 |
| 2009 | $1,213 | $56,700 +29.7% |
| 2007 | -- | $43,700 |
Find assessor info on the county website
Neighborhood: Martindale-Brightwood
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Nearby schools
GreatSchools rating
- 4/10Francis W. Parker School 56Grades: PK-8Distance: 0.8 mi
- 2/10Shortridge High SchoolGrades: 9-12Distance: 0.9 mi
- NAJoyce Kilmer School 69Grades: 6Distance: 1.1 mi
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Estimated market value
$259,200
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$259,200
- Indiana
- Marion County
- Indianapolis
- 46205
- Martindale-Brightwood
- 3137 Guilford Ave
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