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Sold
  • $377,000

    6721 Riverfront Ave, Indianapolis, IN 46220

    2beds
    2baths
    --sqft
    Multi Family, Duplex
    Built in 1920
    -- sqft lot
    $375,300 Zestimate®
    $--/sqft
    $1,468 Estimated rent

    Home value

    $375,300

    $319,000 - $447,000

    $1,468/mo

    Zestimate® history
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    $2,369/mo

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    What's special

    Welcome to WATERFRONT living. Start your day with picturesque views of the White River from your private boat dock! This is a unique opportunity for investors and homeowners alike featuring two fully furnished, cash flowing homes that are separately metered and currently housing Airbnb guests. Adjacent vacant lot presents exciting opportunities to expand - Whether you envision constructing a new build, adding tiny homes, camping under mature trees, or creating a recreational space like a pickleball court, this lot offers the flexibility to enhance the property's value and appeal. Located close to major shopping amenities and Broadripple, the homes feature 2 bedrooms in one unit, studio in the other, with updated LVP flooring, bathroom remodel, deck with a serene view of the river and new plumbing to the septic system. Take advantage of cashflow from day 1 or live in one unit and rent out the other to reduce mortgage payments. This turnkey opportunity includes all furniture, decor, and Airbnb inventory, with future bookings for the studio through October. Schedule your showing today and explore the endless possibilities this waterfront gem has to offer!

    Zillow last checked:

    Listing updated:

    Listed by:

    Mihir Bhimaraju 513-264-7638,

    Real Broker, LLC

    Bought with:

    Octavia Puckett

    Carpenter, REALTORS®

    Source: MIBOR as distributed by MLS GRID,MLS#: 21985142MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    Cooling
    • Has cooling: Yes
    Appliances
    • Laundry: Main Level
    Features
    • Has basement: No

    Property

    Parking
    • Parking features: Common
    Features
    • Levels: One
    • Stories: 1
    • Exterior features: Fire Pit
    • Has view: Yes
    • View description: River
    • Has water view: Yes
    • Water view: River
    • Waterfront features: Dock, River Front
    Lot
    • Size: 10,018 Square Feet
    • Features: Mature Trees
    Details
    • Additional structures: Storage
    • Parcel number: 490336116054000800
    • Special conditions: Flood Insurance Required,Flood Plain

    Construction

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

    Community & HOA

    Community
    • Subdivision: Island Park
    Location
    • Region: Indianapolis

    Financial & listing details

    • Tax assessed value: $21,000
    • Annual tax amount: $4,124
    • Date on market: 6/15/2024
    • Cumulative days on market: 8 days

    Price history

    DateEventPrice
    8/22/2026Listing removed$2,400
    Source: Zillow Rentals Report a problem
    8/8/2026Price change$2,400-38.5%
    Source: Zillow Rentals Report a problem
    7/30/2026Price change$3,900+62.5%
    Source: Zillow Rentals Report a problem
    6/16/2026Listed for rent$2,400
    Source: Zillow Rentals Report a problem
    10/19/2025Listing removed$2,400
    Source: Zillow Rentals Report a problem
    8/24/2025Listed for rent$2,400
    Source: Zillow Rentals Report a problem
    7/22/2025Listing removed$2,400
    Source: Zillow Rentals Report a problem
    2/3/2025Price change$2,400-4%
    Source: Zillow Rentals Report a problem
    1/19/2025Listed for rent$2,500
    Source: Zillow Rentals Report a problem
    8/29/2024Sold$377,000-2.1%
    Source: MIBOR as distributed by MLS GRID #21985142 Report a problem
    6/21/2024Pending sale$385,000
    Source: MIBOR as distributed by MLS GRID #21985142 Report a problem
    6/15/2024Listed for sale$385,000+45.3%
    Source: MIBOR as distributed by MLS GRID #21985142 Report a problem
    9/23/2021Sold$265,000+6.4%
    Source: MIBOR as distributed by MLS GRID #21805579 Report a problem
    8/17/2021Pending sale$249,000
    Source: MIBOR as distributed by MLS GRID #21804968 Report a problem
    8/12/2021Listed for sale$249,000
    Source: MIBOR as distributed by MLS GRID #21804968 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$320 +0%$21,000 +66.7%
    2024$320 +73.1%$12,600
    2023$185 -2.2%$12,600 +75%
    2022$189 +5.6%$7,200
    2021$179 +6.3%$7,200
    2020$168 +2.3%$7,200
    2019$164 +1.2%$7,200
    2018$163 +7%$7,200
    2017$152 +1.9%$7,200
    2016$149 +0.5%$7,200
    2014$148 +2.2%$7,200
    2013$145 $7,200
    2012$145 $7,200 -54.7%
    2011-- $15,900
    2010$304 +9.2%$15,900
    2009$279 $15,900
    Find assessor info on the county website

    Neighborhood: Ravenswood

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $375,300
    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
    $375,300