149 & 151 Leota Street Indianapolis, IN 46202

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Map
Presented By
Mike Thomas Associates
9601 Coldwater Road
Fort Wayne, IN 46825
(260) 489-2000
Email
Agent to Contact

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Traditional • 125Y Old

$309,000

149 & 151 Leota Street

0.12 Acres
Property Description

Check out this incredible investment opportunity just north of Fountain Square! With quick access to downtown, highways, and multiple cultural districts, this location is hard to beat. 149 Leota St has historically been used as a mid-term rental, consistently generating $1,750/mo. 151 Leota St was recently renovated and is currently on the market for $1,300/mo as a traditional long term rental. This presents a unique opportunity to live in one side, rent out the other and have your mortgage nearly completely covered! Both units offer 11 ft ceilings on the main level and an open concept with living room, dining room, kitchen all seamlessly connected. Both units also feature full bathrooms with laundry machines on main level. Upstairs you will find 2 generously sized bedrooms with plenty of windows and closet space. Both units share the backyard, but 149 has side door access to the back. There is a storage shed and oversized 1 car garage in the backyard as well. This property is in proximity to numerous development projects and will continue to see strong appreciation!

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Map to 149 & 151 Leota Street, Indianapolis, IN 46202

Property
MLS # 22065215
Date Listed 2025-09-26
Status Active
Property Type Multi-Family/Apartments
Property SubType Duplex
New Construction No
Style Traditional
Type Duplex
Year Taxes Payable 2024
Year Built 1900
Days on Market 71
Additional
Design Traditional
Cooling Separate Meters
External Features
Construction Duplex
Lot Size 5,227 sq ft
Acreage 0.12 Acres
Fence Fence Complete
Location
Area Marion
County Marion
Subdivision J F Hills Add
Township Center
City Indianapolis
State IN
Zip 46202
Schools
School District Indianapolis Public Schools
Financial
Assoc. Dues $0.00

MLS# 22065215
Listing Provided Courtesy of Joel Newman
Blue Sky Realty Group
jnewmanrealestate@gmail.com

Listing updated November 1, 2025 at 9:39 am
Last checked 3 minutes ago

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.

Learn More About 149 & 151 Leota Street

Presented By
Mike Thomas Associates
9601 Coldwater Road
Fort Wayne, IN 46825
(260) 489-2000
Email
Agent to Contact

By clicking "Send Message", you agree to be contacted by Sarah Hubley about your request. Please see our Privacy Policy.