$289,000
This well-maintained duplex in the heart of Fountain Square offers a strong investment opportunity with reliable tenants in place. Unit 1228 is rented at $995 per month, while Unit 1226 generates $1,225 per month, with options to renew at a higher rate. Tenants pay all utilities, ensuring minimal expenses for the owner. Recent updates include a paved driveway, electrical upgrades, and reinforced basement walls. Located near popular restaurants and just minutes from downtown Indianapolis, this property is ideal for investors or owner-occupants seeking a prime location with strong rental income. Seller is not open to seller financing.
GPS Friendly
| MLS # | 22063696 |
|---|---|
| Date Listed | 2025-09-19 |
| Status | Active |
| Property Type | Multi-Family/Apartments |
| Property SubType | Duplex |
| New Construction | No |
| Style | Bungalow, Traditional |
| Type | Duplex |
| Year Taxes Payable | 2024 |
| Year Built | 1943 |
| Days on Market | 78 |
| Design | Bungalow, Traditional |
|---|
| Construction | Duplex |
|---|---|
| Lot Size | 5,227 sq ft |
| Acreage | 0.12 Acres |
| Fence | None |
| Area | Marion |
|---|---|
| County | Marion |
| Subdivision | Atkinson |
| Township | Center |
| City | Indianapolis |
| State | IN |
| Zip | 46203 |
| School District | Indianapolis Public Schools |
|---|
| Assoc. Dues | $0.00 |
|---|
MLS# 22063696
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 Annie Scott
F.C. Tucker Company
Annie.Scott@talktotucker.com
Listing updated November 11, 2025 at 6:58 am
Last checked 5 minutes ago