Discover a unique investment opportunity in the heart of downtown Indianapolis. This income-flowing duplex, perfectly positioned near the Children's Museum, Riverside Park, and Newfields, offers a strategic blend of cultural richness and urban convenience. Featuring a 2-bedroom unit on one side and a 3-bedroom unit on the other, both currently tenant-occupied, this property provides immediate returns on your investment. Recent updates including a new roof, water heater, and furnace, allowing you to focus on maximizing your investment. With leases extending through February 2025 for unit 837 and October 2024 for unit 839, stability is already built-in. Property includes 2 lots, lot #9 and #10. Home sits on lot #10 and lot #9 is vacant and could be utilized for a future sale or potential residential development. For those looking to expand their portfolio, consider the potential to bundle this purchase with the adjacent listing at 1062/1064 W Roache Street, offering an even more significant opportunity for growth and revenue. This duplex is a gateway to a vibrant lifestyle and a thriving investment future in one of Indianapolis's most sought-after locations. Don't let this chance slip through your fingers. Schedule your showing now to take the first step towards securing your piece of Indianapolis's vibrant heart.
Sold
$156,000
837 W Roache St, Indianapolis, IN 46208
5beds
3baths
--sqft
Multi Family, Duplex
Built in 1910
-- sqft lot
$229,000 Zestimate®
$--/sqft
$1,358 Estimated rent
Home value
$229,000
$195,000 - $263,000
$1,358/mo
Zestimate® history
Owner options
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$1,358/mo
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$1,358/mo
Rent Zestimate®
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$1,020/mo
Est. payment
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$1,020/mo
Est. payment
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Zillow last checked:
Listing updated:
Listed by:
Eric Forney 317-271-5959,
Keller Williams Indy Metro S,
Lauren Forney 317-478-2621,
Keller Williams Indy Metro S
Bought with:
Kaine Lewark
F.C. Tucker Company
Source: MIBOR as distributed by MLS GRID,MLS#: 21967118
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 3
Heating
- Forced Air
Cooling
- Separate Meters
Appliances
- Laundry: Connections All
Features
- Has basement: Yes
Property
Parking
- Details: Unit Parking(On Street)
Features
- Levels: Two
- Stories: 2
- Fencing: Fenced,Fence Complete,Full,Privacy,Front Yard
Lot
- Size: 7,405 Square Feet
- Features: Access, Curbs, Sidewalks, Street Lights, Mature Trees
Details
- Parcel number: 490626149256000101
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Traditional
- Property subtype: Multi Family, Duplex
Materials
- Stone, Vinyl Siding
- Foundation: Block, Crawl Space
- Roof: See Remarks
Condition
- New construction: No
- Year built: 1910
Community & HOA
Community
- Security: Smoke Detector(s)
- Subdivision: A L Roaches
Location
- Region: Indianapolis
Financial & listing details
- Tax assessed value: $183,000
- Annual tax amount: $3,204
- Date on market: 3/8/2024
- Cumulative days on market: 87 days
- Tenant pays: All Utilities, Electricity, Trash Collection
Price history
| Date | Event | Price |
|---|---|---|
| 6/17/2025 | Listing removed | $1,500 |
Source: Zillow Rentals Report a problem | ||
| 5/19/2025 | Price change | $1,500-11.5% |
Source: Zillow Rentals Report a problem | ||
| 4/27/2025 | Listed for rent | $1,695+133.8% |
Source: Zillow Rentals Report a problem | ||
| 10/10/2024 | Sold | $156,000-5.5% |
Source:  MIBOR as distributed by MLS GRID #21967118 Report a problem | ||
| 7/9/2024 | Pending sale | $165,000 |
Source: MIBOR as distributed by MLS GRID #21967118 Report a problem | ||
| 6/26/2024 | Price change | $165,000-7.8% |
Source: MIBOR as distributed by MLS GRID #21967118 Report a problem | ||
| 6/6/2024 | Pending sale | $179,000 |
Source: MIBOR as distributed by MLS GRID #21967118 Report a problem | ||
| 5/22/2024 | Price change | $179,000-7.7% |
Source: MIBOR as distributed by MLS GRID #21967118 Report a problem | ||
| 4/5/2024 | Price change | $194,000-2.5% |
Source: MIBOR as distributed by MLS GRID #21967118 Report a problem | ||
| 3/22/2024 | Listed for sale | $199,000 |
Source: MIBOR as distributed by MLS GRID #21967118 Report a problem | ||
| 3/14/2024 | Pending sale | $199,000 |
Source: MIBOR as distributed by MLS GRID #21967118 Report a problem | ||
| 3/8/2024 | Listed for sale | $199,000+65.8% |
Source: MIBOR as distributed by MLS GRID #21967118 Report a problem | ||
| 9/18/2020 | Sold | $120,000 |
Source: MIBOR as distributed by MLS GRID #21725049 Report a problem | ||
| 7/24/2020 | Pending sale | $120,000 |
Source: MIBOR REALTOR Association #21725049 Report a problem | ||
| 7/15/2020 | Listed for sale | $120,000+118.2% |
Source: MIBOR REALTOR Association #21725049 Report a problem | ||
| 10/21/2019 | Listing removed | $725 |
Source: Zillow Rental Manager Report a problem | ||
| 9/19/2019 | Listed for rent | $725 |
Source: Zillow Rental Manager Report a problem | ||
| 8/20/2019 | Sold | $55,000+1224% |
Source: Public Record Report a problem | ||
| 9/21/2016 | Sold | $4,154 |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,308 -1.7% | $183,000 +31.3% |
| 2024 | $3,363 +5% | $139,400 -1.7% |
| 2023 | $3,204 +19.1% | $141,800 +4.5% |
| 2022 | $2,690 +67.6% | $135,700 +16.4% |
| 2021 | $1,605 -0.2% | $116,600 +68.3% |
| 2020 | $1,608 -32% | $69,300 +1.8% |
| 2019 | $2,364 +39.5% | $68,100 -18.8% |
| 2018 | $1,695 +1480.8% | $83,900 +9.2% |
| 2017 | $107 -93% | $76,800 +4.9% |
| 2016 | $1,541 +7.8% | $73,200 +8.8% |
| 2014 | $1,430 +90.5% | $67,300 -5.1% |
| 2013 | $751 | $70,900 +1% |
| 2012 | $751 | $70,200 +28.1% |
| 2011 | -- | $54,800 |
| 2010 | $519 +0.8% | $54,800 |
| 2009 | $515 | $54,800 +2.2% |
| 2007 | -- | $53,600 |
Find assessor info on the county website
Neighborhood: Near NW-Riverside
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Nearby schools
GreatSchools rating
- 6/10George Washington Carver School 87Grades: PK-5Distance: 0.4 mi
- 4/10Cold Spring SchoolGrades: K-8Distance: 1.9 mi
- 2/10Shortridge High SchoolGrades: 9-12Distance: 1.4 mi
Schools provided by the listing agent
- Middle: Northwest Community Middle School
- 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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Estimated market value
$229,000
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
$229,000
- Indiana
- Marion County
- Indianapolis
- 46208
- Near NW-Riverside
- 837 W Roache St
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