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  • $239,999

    45 S Belleview Pl, Indianapolis, IN 46222

    4beds
    2baths
    --sqft
    : 
    $1,664/mo
    Get pre-qualified
    Multi Family, Duplex
    Built in 1924
    -- sqft lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Finished basement spaceExtensively remodeledWasher and dryer hookupsPrivate rear parkingSeparate living spacesBeautifully updatedUpdated interiors
    Turnkey Investment Opportunity on Indy's Westside! Near Downtown Indianapolis! Don't miss this beautifully updated, income-producing duplex just minutes from downtown Indianapolis, the Indianapolis Zoo, IUPUI, White River State Park, major interstates, shopping, dining, and entertainment. Whether you're looking to expand your investment portfolio or owner-occupy while generating rental income, this well-maintained property offers immediate cash flow and outstanding long-term potential. Both units have been extensively remodeled and are currently configured and used as 2-bedroom, 1-bath units thanks to the finished basement space, offering additional living flexibility beyond the original layout. Each unit features updated interiors, washer and dryer hookups, private rear parking, and separate living spaces designed for comfortable everyday living.Major capital improvements have already been completed, including a roof and furnaces that have been replaced within the past four years, providing peace of mind for years to come.The property is fully occupied with reliable, long-term tenants. Unit 45 currently rents for $1,050/month, and Unit 47 rents for $1,100/month, producing $2,150 in monthly rental income ($25,800 annually). Both tenants are on month-to-month leases and have a strong history of consistent, on-time payments. Tenants pay all utilities except water, which is paid by the seller and averages approximately $115 per month for both units combined. Whether you're a seasoned investor or just getting started, this is an excellent opportunity to acquire a well-maintained duplex with immediate income, strong rental history, and a convenient location close to everything Indianapolis has to offer.
    42 days
    170
    19

    Zillow last checked:

    Listing updated:

    Listed by:

    Heather Ludlow 317-698-2311,

    Greene Realty, LLC,

    Matthew Ludlow,

    Greene Realty, LLC

    Source: MIBOR as distributed by MLS GRID,MLS#: 22115026MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 2
      Features
      • Basement: Finished,Partial

      Property

      Parking
      • Parking features: None
      Lot
      • Size: 5,662 Square Feet
      Details
      • Parcel number: 491109140049000901

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Multi Family, Duplex
      Condition
      • New construction: No
      • Year built: 1924

      Community & HOA

      Community
      • Subdivision: Carpenters Home Place
      Location
      • Region: Indianapolis

      Financial & listing details

      • Tax assessed value: $142,700
      • Annual tax amount: $3,478
      • Date on market: 7/18/2026
      • Cumulative days on market: 44 days
      • Tenant pays: Cable TV, Electricity, Gas, Insurance, Sewer, Trash Collection

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        7/18/2026Listed for sale$239,999
        Source: MIBOR as distributed by MLS GRID #22115026 Report a problem
        1/23/2023Listing removed--
        Source: Zillow Rentals Report a problem
        1/18/2023Listed for rent$1,050
        Source: Zillow Rentals Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$3,344 +8.5%$142,700 +1.3%
        2024$3,081 +2.7%$140,900 +8.5%
        2023$3,001 +44.7%$129,900 +2.2%
        2022$2,074 +16.6%$127,100 +41.4%
        2021$1,778 +2.9%$89,900 +17.1%
        2020$1,728 +15.9%$76,800 +4.9%
        2019$1,491 +5.3%$73,200 +16.9%
        2018$1,416 +10%$62,600 -1.7%
        2017$1,287 +4.4%$63,700 +12.1%
        2016$1,233 +12.5%$56,800 +12%
        2014$1,096 -10%$50,700 -3.6%
        2013$1,218 $52,600 -3.1%
        2012$1,218 $54,300 +14.8%
        2011-- $47,300 -3.7%
        2010$1,021 -2.5%$49,100
        2009$1,046 $49,100 -6.7%
        2007-- $52,600
        2005-- $52,600
        2004-- $52,600 -14.5%
        2003-- $61,500 +195.7%
        2002-- $20,800 +200.1%
        2001-- $6,930
        2000-- $6,930
        Find assessor info on the county website

        Monthly payment

        Est. payment

        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.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: Near Westside

        Getting around

        78 / 100
        Very Walkable
        33 / 100
        Some Transit
        52 / 100
        Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: William Penn School 49
        • High: George Washington High School

        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.

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