Turnkey Duplex Investment Opportunity. Ideal for investors or owner-occupants, this duplex offers immediate cash flow and long-term value. Listed at $189,000, it qualifies for the 1% rule with potential rental income of $1,900/month when both sides are leased at $950/month. The 4712 unit is currently rented at $950/month, providing stable income, while 4710 is vacant and move-in ready-perfect for attracting a new tenant or for an owner looking to live on one side and rent the other. Recent updates include: new roof (2023), new gas water heater on the 4710 side, new carpet throughout 4710 side. Each side offers 2 bedrooms, 1 bath, and comfortable living space. Located just minutes from downtown Indy, this property is positioned in a high-demand rental area with excellent upside potential. Don't miss your chance to own a solid duplex in a growing neighborhood!
Sold
$155,000
4710 E Michigan St, Indianapolis, IN 46201
4beds
2baths
--sqft
Multi Family, Duplex
Built in 1920
-- sqft lot
$188,100 Zestimate®
$--/sqft
$1,288 Estimated rent
Home value
$188,100
$164,000 - $211,000
$1,288/mo
Zestimate® history
Owner options
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$1,288/mo
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$1,288/mo
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$1,019/mo
Est. payment
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$1,019/mo
Est. payment
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Comfortable living spaceNew carpetNew roofNew gas water heater
Zillow last checked:
Listing updated:
Listing Provided by:
Dana Holt 317-439-8825,
Keller Williams Indpls Metro N,
Robert Holt,
Keller Williams Indpls Metro N
Bought with:
Eli Skinner
Key Realty Indiana
Source: MIBOR as distributed by MLS GRID,MLS#: 22044294
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
Cooling
- Central Air
Features
- Basement: Unfinished
Property
Parking
- Parking features: Alley Access
- Details: Unit Parking(On Street, Paved Area)
Features
- Levels: Two
- Stories: 2
Lot
- Size: 3,049 sqft
Details
- Parcel number: 491004140064000101
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Traditional
- Property subtype: Multi Family, Duplex
- Attached to another structure: Yes
Materials
- Vinyl With Brick
- Foundation: Block
- Roof: Asphalt
Condition
- New construction: No
- Year built: 1920
Community & neighborhood
Location
- Region: Indianapolis
- Subdivision: Emerson Heights West Section
Price history
| Date | Event | Price |
|---|---|---|
| 10/3/2025 | Sold | $155,000-8.3% |
Source:  MIBOR as distributed by MLS GRID #22044294 Report a problem | ||
| 9/2/2025 | Pending sale | $169,000 |
Source: MIBOR as distributed by MLS GRID #22044294 Report a problem | ||
| 7/16/2025 | Price change | $169,000-10.6% |
Source: MIBOR as distributed by MLS GRID #22044294 Report a problem | ||
| 6/26/2025 | Pending sale | $189,000 |
Source: MIBOR as distributed by MLS GRID #22044294 Report a problem | ||
| 6/11/2025 | Listed for sale | $189,000+33.1% |
Source: MIBOR as distributed by MLS GRID #22044294 Report a problem | ||
| 2/23/2024 | Sold | $142,000-5% |
Source: MIBOR as distributed by MLS GRID #21962250 Report a problem | ||
| 2/7/2024 | Pending sale | $149,500 |
Source: MIBOR as distributed by MLS GRID #21962250 Report a problem | ||
| 2/2/2024 | Listed for sale | $149,500+99.3% |
Source: MIBOR as distributed by MLS GRID #21962250 Report a problem | ||
| 10/12/2018 | Listing removed | $595 |
Source: Lease 317 Report a problem | ||
| 9/27/2018 | Price change | $595-4.8% |
Source: Lease 317 Report a problem | ||
| 8/30/2018 | Listed for rent | $625 |
Source: Lease 317 Report a problem | ||
| 7/18/2018 | Sold | $75,000-8% |
Source: MIBOR as distributed by MLS GRID #21567530 Report a problem | ||
| 6/13/2018 | Pending sale | $81,500 |
Source: MIBOR REALTOR Association #21567530 Report a problem | ||
| 6/2/2018 | Price change | $81,500-9.4% |
Source: MIBOR REALTOR Association #21567530 Report a problem | ||
| 5/24/2018 | Listed for sale | $90,000 |
Source: MIBOR REALTOR Association #21567530 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,110 +18% | $181,400 +4.7% |
| 2024 | $3,482 -4.1% | $173,200 +18% |
| 2023 | $3,631 +25.9% | $146,800 -4.6% |
| 2022 | $2,884 +5.4% | $153,800 +23% |
| 2021 | $2,735 +11.7% | $125,000 +5.8% |
| 2020 | $2,448 +78.7% | $118,100 +13.9% |
| 2019 | $1,370 +17.1% | $103,700 +80.3% |
| 2018 | $1,170 +5.7% | $57,500 +10.4% |
| 2017 | $1,107 +9.9% | $52,100 +8.3% |
| 2016 | $1,007 +50.7% | $48,100 -6.6% |
| 2014 | $668 -50.9% | $51,500 -15.6% |
| 2013 | $1,360 | $61,000 +1% |
| 2012 | $1,360 | $60,400 +20.6% |
| 2011 | -- | $50,100 |
| 2010 | $1,047 -2.4% | $50,100 |
| 2009 | $1,072 | $50,100 -6.2% |
| 2007 | -- | $53,400 |
| 2006 | -- | $53,400 |
| 2005 | -- | $53,400 |
| 2004 | -- | $53,400 |
Find assessor info on the county website
Neighborhood: Near Eastside
Nearby schools
GreatSchools rating
- 3/10Ralph Waldo Emerson School 58Grades: PK-5Distance: 0.2 mi
- 5/10Arlington Community Middle SchoolGrades: 6-8Distance: 3.4 mi
- 1/10Arsenal Technical High SchoolGrades: 9-12Distance: 2.4 mi
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Estimated market value
$188,100
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
$188,100
- Indiana
- Marion County
- Indianapolis
- 46201
- Near Eastside
- 4710 E Michigan St
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