EAST SIDE INVESTMENT OPPORTUNITY // This brick duplex situated in Otterbein, just outside of Little Flower and Community Heights, will appeal to investors and homebuyers alike! Each side consists of 2 bedrooms, 1 bathroom, an unfinished basement for storage and laundry, and a sweet front porch. The big ticket items have been taken care of for you! Roof is brand new, the HVAC has been updated, and it has a newer sewer liner. Both sides are turnkey, with one side being vacated in April and the other currently rented. Located less than 2 miles from highway access and just minutes from downtown, this property will make an excellent addition to an investor portfolio or a wonderful home for a savvy homebuyer who wants to live in one side and rent out the other.
Sold
$195,000
4940 E 16th St, Indianapolis, IN 46201
4beds
2baths
--sqft
Multi Family, Duplex
Built in 1951
-- sqft lot
$217,000 Zestimate®
$--/sqft
$1,362 Estimated rent
Home value
$217,000
$202,000 - $234,000
$1,362/mo
Zestimate® history
Owner options
List your home for rent
$1,362/mo
Rent Zestimate®
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$1,362/mo
Rent Zestimate®
Refinance and save
$1,288/mo
Est. payment
Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.
$1,288/mo
Est. payment
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List your homeWhat's special
Zillow last checked:
Listing updated:
Listing Provided by:
Lesli Gibson 574-361-4096,
Maywright Property Co.
Bought with:
IBRAHIM OJERINDE
IB REALTORS
Source: MIBOR as distributed by MLS GRID,MLS#: 21969660
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
Heating
- Forced Air
Cooling
- Other
Features
- Basement: Exterior Entry,Storage Space,Unfinished
Property
Parking
- Total spaces: 1
- Parking features: Gravel
- Details: Unit Parking(1 Car Garage, On Street, Unpaved)
Features
- Levels: One
- Stories: 1
- Fencing: Fenced
Lot
- Size: 10,018 sqft
- Features: Corner Lot
Details
- Parcel number: 490733110038000101
- Special conditions: Sales Disclosure On File
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family, Duplex
Materials
- Brick, Block
- Foundation: Block
Condition
- Updated/Remodeled
- New construction: No
- Year built: 1951
Community & neighborhood
Location
- Region: Indianapolis
- Subdivision: No Subdivision
Price history
| Date | Event | Price |
|---|---|---|
| 12/9/2025 | Listing removed | $1,050 |
Source: Zillow Rentals Report a problem | ||
| 10/29/2025 | Listed for rent | $1,050-8.7% |
Source: Zillow Rentals Report a problem | ||
| 6/17/2024 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 6/16/2024 | Price change | $1,150-6.1% |
Source: Zillow Rentals Report a problem | ||
| 5/15/2024 | Listed for rent | $1,225+58.1% |
Source: Zillow Rentals Report a problem | ||
| 4/29/2024 | Sold | $195,000+5.4% |
Source:  MIBOR as distributed by MLS GRID #21969660 Report a problem | ||
| 3/24/2024 | Pending sale | $185,000 |
Source: MIBOR as distributed by MLS GRID #21969660 Report a problem | ||
| 3/21/2024 | Listed for sale | $185,000+23.3% |
Source: MIBOR as distributed by MLS GRID #21969660 Report a problem | ||
| 4/20/2021 | Listing removed | -- |
Source: Zillow Rental Manager Report a problem | ||
| 4/17/2021 | Listed for rent | $775 |
Source: Zillow Rental Manager Report a problem | ||
| 12/22/2020 | Sold | $150,000+0.1% |
Source: MIBOR as distributed by MLS GRID #21754455 Report a problem | ||
| 11/21/2020 | Pending sale | $149,900 |
Source: Go Fish Realty #21754455 Report a problem | ||
| 11/20/2020 | Listed for sale | $149,900+200.4% |
Source: Go Fish Realty #21754455 Report a problem | ||
| 5/20/2020 | Sold | $49,900 |
Source: MIBOR as distributed by MLS GRID #21709275 Report a problem | ||
| 5/13/2020 | Pending sale | $49,900 |
Source: RE/MAX Advanced Realty #21709275 Report a problem | ||
| 5/9/2020 | Listed for sale | $49,900 |
Source: RE/MAX Advanced Realty #21709275 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,904 +0% | $191,900 +16.7% |
| 2024 | $3,902 +7.7% | $164,500 |
| 2023 | $3,624 +18.4% | $164,500 +7.2% |
| 2022 | $3,061 +23% | $153,500 +15.7% |
| 2021 | $2,489 +8.6% | $132,700 +23.4% |
| 2020 | $2,292 -30.2% | $107,500 +10.7% |
| 2019 | $3,285 +146.6% | $97,100 -18.5% |
| 2018 | $1,332 -2% | $119,100 +2.8% |
| 2017 | $1,360 +6.6% | $115,900 |
| 2016 | $1,276 +6.7% | $115,900 +6.2% |
| 2014 | $1,196 -2% | $109,100 |
| 2013 | $1,221 | $109,100 +2.2% |
| 2012 | $1,221 | $106,800 +10.6% |
| 2011 | -- | $96,600 |
| 2010 | $961 -2% | $96,600 |
| 2009 | $980 | $96,600 +19.9% |
| 2007 | -- | $80,600 |
Find assessor info on the county website
Neighborhood: Near Eastside
Nearby schools
GreatSchools rating
- 4/10Brookside School 54Grades: PK-5Distance: 1.5 mi
- 5/10Arlington Community Middle SchoolGrades: 6-8Distance: 3.7 mi
- 1/10Arsenal Technical High SchoolGrades: 9-12Distance: 2.8 mi
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Estimated market value
$217,000
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
$217,000
- Indiana
- Marion County
- Indianapolis
- 46201
- Near Eastside
- 4940 E 16th St
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