$179,900
224 N Tacoma Avenue
Turnkey Duplex - Fully Leased, $1,850/Month Income! Fantastic investment opportunity in Indianapolis! This 1-bedroom, 1-bathroom per side duplex with a full basement is fully occupied and generating $1,850/month in rental income. Each unit is on a current lease, providing stability and cash flow from day one. Convenient Location: Close to downtown Indy, shopping, dining, and major highways. This duplex is surrounded by remodeled and new construction homes giving it great future potential. Investor Friendly: With tenants already in place, this is a true turnkey rental. a list price of $179,900, this property comfortably meets the 1% rule, making it a great buy-and-hold investment. Bonus: The neighboring property at 228 N Tacoma Ave, a similar duplex, is also available. Would prefer to sell both as a package, giving you the opportunity to own two side-by-side income-producing properties.
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Map to 224 N Tacoma Avenue, Indianapolis, IN 46201
MLS #
22062126
Date Listed
2025-09-09
Status
Active
Property Type
Multi-Family/Apartments
Property SubType
Duplex
New Construction
No
Type
Duplex
Basement
Unfinished
Year Taxes Payable
2024
Year Built
1945
Days on Market
88
Additional
Cooling
Window Unit(s)
Heating
Forced Air, Natural Gas
External Features
Construction
Duplex
Lot Size
5,184 sq ft
Acreage
0.12 Acres
Fence
None
Location
Area
Marion
County
Marion
Subdivision
No Subdivision
Township
Center
City
Indianapolis
State
IN
Zip
46201
Schools
School District
Indianapolis Public Schools
Financial
Assoc. Dues
$0.00
| MLS # | 22062126 |
|---|---|
| Date Listed | 2025-09-09 |
| Status | Active |
| Property Type | Multi-Family/Apartments |
| Property SubType | Duplex |
| New Construction | No |
| Type | Duplex |
| Basement | Unfinished |
| Year Taxes Payable | 2024 |
| Year Built | 1945 |
| Days on Market | 88 |
| Cooling | Window Unit(s) |
|---|---|
| Heating | Forced Air, Natural Gas |
| Construction | Duplex |
|---|---|
| Lot Size | 5,184 sq ft |
| Acreage | 0.12 Acres |
| Fence | None |
| Area | Marion |
|---|---|
| County | Marion |
| Subdivision | No Subdivision |
| Township | Center |
| City | Indianapolis |
| State | IN |
| Zip | 46201 |
| School District | Indianapolis Public Schools |
|---|
| Assoc. Dues | $0.00 |
|---|
MLS# 22062126
IDX information provided by the MIBOR REALTOR® Association.
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.
Listing Provided Courtesy of rolonda lolla
Austyn Avenue Real Estate
rolonda@austynavenue.com
Listing updated November 13, 2025 at 11:39 am
Last checked 12 minutes ago
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