Skip main navigation
Sold
  • $230,000

    616 Eastern Ave, Indianapolis, IN 46201

    6beds
    2baths
    --sqft
    Multi Family, Duplex
    Built in 1920
    -- sqft lot
    $260,100 Zestimate®
    $--/sqft
    $1,599 Estimated rent

    Home value

    $260,100

    $239,000 - $286,000

    $1,599/mo

    Zestimate® history
    Loading
    Loading...

    Owner options

    List your home for rent

    $1,599/mo

    Rent Zestimate®

    Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.

    Learn more

    $1,599/mo

    Rent Zestimate®

    Refinance and save

    $1,487/mo

    Est. payment

    Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.

    See today's rates

    $1,487/mo

    Est. payment

    Explore your selling options

    Work with a Zillow partner agent

    Leverage their expertise and Zillow's premium Showcase listings to get your home seen by more buyers.

    Get started

    List with your own agent

    Get your home in front of millions of buyers by listing it on Zillow.

    Learn how to do it

    Sell it yourself

    Take full control of how buyers see your home on Zillow by listing For Sale by Owner (FSBO).

    List your home

    What's special

    Discover this well-maintained duplex on the east side, featuring solid long-term tenants and a fantastic investment opportunity. This property offers stability and a steady income stream, making it a perfect addition to any investment portfolio. Unit 1: Rented at $998/month Unit 2: Rented at $765/month (under market value, offering potential for rent increase). Tenants pay all utilities, ensuring low operational costs for the owner. Long-Term Tenants! Enjoy the peace of mind that comes with reliable, long-term tenants who care for the property. Nicely Kept Duplex:The property is well-maintained, reflecting the pride of both the owner and tenants. The interiors are clean and in good condition, minimizing the need for immediate repairs or renovations. This duplex is not just a property; it's a smart investment. The tenants pay all utilities, making it a hassle-free investment for the new owner. Potential for Growth:With one unit rented below market value, there is an opportunity to increase the rent and maximize your return on investment. Don't miss out on this fantastic opportunity to own a well-kept duplex with solid, long-term tenants.

    Zillow last checked:

    Listing updated:

    Listing Provided by:

    Tasheana Hanza 317-800-4438,

    Hanza Realty, LLC

    Bought with:

    Michelle Anderson

    Bold Realty LLC

    Source: MIBOR as distributed by MLS GRID,MLS#: 21984000MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 2
    Cooling
    • Has cooling: Yes
    Features
    • Has basement: Yes

    Property

    Features
    • Levels: Two
    • Stories: 2
    Lot
    • Size: 6,098 sqft
    Details
    • Parcel number: 491005132013000101

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family, Duplex
    Condition
    • New construction: No
    • Year built: 1920

    Community & neighborhood

    Location
    • Region: Indianapolis
    • Subdivision: Hogate & Kings Rural St

    Price history

    DateEventPrice
    8/8/2024Sold$230,000-8%
    Source: MIBOR as distributed by MLS GRID #21984000 Report a problem
    6/12/2024Pending sale$250,000
    Source: MIBOR as distributed by MLS GRID #21984000 Report a problem
    6/8/2024Listed for sale$250,000+380.8%
    Source: MIBOR as distributed by MLS GRID #21984000 Report a problem
    11/8/2022Listing removed--
    Source: Zillow Rental Manager Report a problem
    10/27/2022Listed for rent$950+26.7%
    Source: Zillow Rental Manager Report a problem
    3/5/2020Listing removed$750
    Source: Indy Houses Plus Report a problem
    2/15/2020Price change$750+7.1%
    Source: Indy Houses Plus Report a problem
    1/25/2020Listed for rent$700
    Source: Indy Houses Plus Report a problem
    2/12/2016Sold$52,000-5.5%
    Source: Public Record Report a problem
    11/20/2015Sold$55,000+214.3%
    Source: Public Record Report a problem
    9/17/2013Listing removed$17,500
    Source: Homepath #21245752 Report a problem
    8/20/2013Price change$17,500-10.3%
    Source: Homepath #21245752 Report a problem
    7/23/2013Listed for sale$19,500+2.6%
    Source: Ala Carte Realty, LLC #21245752 Report a problem
    4/25/2008Sold$19,000
    Source: MIBOR as distributed by MLS GRID #2808851 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$4,098 +5.7%$212,700 +23.2%
    2024$3,876 +3.8%$172,700 +5.7%
    2023$3,733 +16.7%$163,400 +3.4%
    2022$3,197 +83.1%$158,100 +14.1%
    2021$1,746 +5.8%$138,600 +83.8%
    2020$1,650 +26.6%$75,400 +7.9%
    2019$1,303 +8.2%$69,900 +27.8%
    2018$1,204 -9.4%$54,700 +1.9%
    2017$1,329 +59.2%$53,700 -7.6%
    2016$835 +15.3%$58,100 +73.4%
    2014$724 -12.8%$33,500
    2013$831 $33,500 -9%
    2012$831 $36,800 +10.8%
    2011-- $33,200
    2010$695 -2.3%$33,200
    2009$712 $33,200 +1.5%
    2007-- $32,700 -31.4%
    2004-- $47,700
    2003-- $47,700 +92.3%
    2002-- $24,800 +195.2%
    2001-- $8,400
    2000-- $8,400

    Find assessor info on the county website

    Neighborhood: Near Eastside

    Nearby schools

    GreatSchools rating
    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
    $260,100
    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
    $260,100