Sold for $330,500 Listed for $325,000
This property is not currently for sale or for rent.
Exceptional investment opportunity in the heart of Fountain Square: An updated duplex that promises both immediate income, instant equity and long-term appreciation. This property is not just a building; it's a gateway to the thriving urban lifestyle, ideally situated near iconic Indianapolis landmarks (.4 mile to Fountain Square, 1.2 mile to Gainbridge Fieldhouse, and 1.4 mile to Lucas Oil Stadium). With recent upgrades including New Siding (2025), complete Kitchen and Bathroom remodel on one side (2025), & newer HVAC, this duplex is move-in ready. The meticulously updated short term rental side (1204) with main floor bedroom and 1.5 baths, offers a new loft with a robust income stream. The other side (1206) provides potential for updates, and has a long term tenant for $1100 per month. An appraisal in August 2025 values the property at $340,000 confirming its significant value. Whether your buyer is looking to house hack, needs a turn-key rental, or wants a strategic addition to their portfolio, this property delivers. All furniture in unit 1204 is negotiable. PLEASE DO NOT DISTURB OCCUPANTS. Tenant rights. Agent related to seller.
GPS Friendly
| MLS # | 22067683 |
|---|---|
| Date Listed | 2025-10-13 |
| Status | Sold |
| Property Type | Multi-Family/Apartments |
| Property SubType | Duplex |
| New Construction | No |
| Style | Ranch |
| Type | Duplex |
| Basement | Storage Space, Unfinished |
| Year Taxes Payable | 2024 |
| Year Built | 1870 |
| Days on Market | 10 |
| Design | Ranch |
|---|---|
| Cooling | Central Air, Wall Unit(s), Other, Window Unit(s) |
| Heating | Forced Air, Natural Gas |
| Main Level Laundry | Yes |
| Construction | Duplex |
|---|---|
| Lot Size | 3,746 sq ft |
| Acreage | 0.09 Acres |
| Fence | Partial, Front Yard |
| Area | Marion |
|---|---|
| County | Marion |
| Subdivision | Spann & Cos 1st Woodlawn Add |
| Township | Center |
| City | Indianapolis |
| State | IN |
| Zip | 46203 |
| School District | Indianapolis Public Schools |
|---|---|
| Elementary | William McKinley School 39 |
| Middle School | HW Longfellow Med/STEM Magnet Midl |
| High School | Arsenal Technical High School |
| Assoc. Dues | $0.00 |
|---|
MLS# 22067683
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 Sarah Jane Johnson
F.C. Tucker Company
sarah.johnson@talktotucker.com
Listing updated November 26, 2025 at 4:30 pm
Last checked 10 minutes ago