This income-producing investment opportunity features two well-maintained single-family homes on an oversized lot spanning three parcels. Both homes are currently leased through summer 2027, with the 2-bedroom home renting for $1,400/month and the 1-bedroom leased at $950/month. With immediate rental income, potential for future rent growth, and a convenient location near the University of Indianapolis, this property is an appealing opportunity for investors looking to grow their rental holdings. Additional investment properties from the same portfolio are also available for purchase.
Active
$270,000
3740-3732 Asbury St, Indianapolis, IN 46227
3beds
2baths
--sqft
Multi Family, Duplex
Built in 1937
-- sqft lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
- 5 days
- 167
- 14
Zillow last checked:
Listing updated:
Listed by:
Antwon Culbreath 463-224-6687,
Redfin Corporation
Source: MIBOR as distributed by MLS GRID,MLS#: 22122499
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
Heating
- Forced Air, Natural Gas
Cooling
- Central Air
Property
Parking
- Total spaces: 2
- Parking features: Detached, Heated Garage
- Garage spaces: 2
Features
- Levels: One
- Stories: 1
Lot
- Size: 4,791 Square Feet
Details
- Parcel number: 491030118209000574
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Traditional
- Property subtype: Multi Family, Duplex
Condition
- New construction: No
- Year built: 1937
Community & HOA
Community
- Subdivision: University Heights
Location
- Region: Indianapolis
Financial & listing details
- Annual tax amount: $1,456
- Date on market: 8/26/2026
- Cumulative days on market: 7 days
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 8/26/2026 | Listed for sale | $270,000 |
Source: | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment





