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Listed price in listed location currency (USD).
$140,000
$174,900

000

MLS® 22062223

  • Key Facts
  • Description
  • Map

Key Facts

Type Duplex
Levels Residential Income
Size -
Garage 
Taxes 
Lot Size 
Approx. Age 1945
MLS® Number 22062223

Property Address: 228 N Tacoma Ave, Indianapolis, IN, 46201-3240

Average square foot calculated using Size range provided by listing agent.

Description

Turnkey Duplex - One Side Leased at $700/Month, Other Side Vacant with $1, 000/Month Potential or Owner-Occupy Option! Fantastic investment opportunity in Indianapolis! This 1-bedroom, 1-bathroom per side duplex with a full basement with 2 built out rooms is half occupied and currently generating $700/month in rental income. The other side is vacant and ready - with potential to rent for around $1, 000/month or for you to move in and live while building equity. Convenient Location: Close to downtown Indy, shopping, dining, and major highways. The area is surrounded by remodeled and new construction homes, giving this property excellent long-term growth potential. Investor Friendly: One tenant already in place providing stability and cash flow from day one, with immediate upside potential on the vacant unit. At a list price of $179, 900, this property meets the 1% rule, making it an attractive buy-and-hold investment. Bonus: The neighboring duplex at 224 N Tacoma Ave is also available. Prefer to sell both as a package, giving you the rare chance to own two side-by-side income-producing properties.
MLS® Number22062223
Laundry LevelLower
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1945
BasementStorage Space, Unfinished, Partially Finished
Driveway
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

Mar 10, 2026End Date
$140,000Sold Price

Sold

Sep 11, 2025List Date
$174,900List Price
  • Commute

Commute

Starting Address
Destination Address
228 N Tacoma Ave, Indianapolis, IN

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