241 Eastern Avenue Indianapolis, IN 46201

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Presented By
Mike Thomas Associates
9601 Coldwater Road
Fort Wayne, IN 46825
(260) 489-2000
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Other • 125Y Old

$199,000

241 Eastern Avenue

0.10 Acres
Property Description

Attention investors and savvy house-hackers! This updated 2-bedroom, 1-bathroom duplex is turnkey and ready to start producing income from day one. One unit is already rented at $885/month, providing immediate cash flow, while the vacant side is prepped and ready for a new tenant, or for you to move in and significantly offset your housing costs. The property has been thoughtfully renovated, including new HVAC and central AC in 2023 and more, to attract quality renters and minimize maintenance calls. Out back, you'll find a rare two-car garage, perfect for additional storage or future income potential. Located in one of Indy's rapidly growing neighborhoods, this is an ideal opportunity to secure a low-maintenance rental, expand your portfolio, or begin your investment journey with a smart, income-producing asset. Schedule your showing today, opportunities like this don't last long!

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Property
MLS # 22074017
Date Listed 2025-11-19
Status Active
Property Type Multi-Family/Apartments
Property SubType Duplex
New Construction No
Style Other
Type Duplex
Year Taxes Payable 2024
Year Built 1900
Days on Market 17
Additional
Design Other
External Features
Construction Duplex
Lot Size 4,356 sq ft
Acreage 0.10 Acres
Fence None
Location
Area Marion
County Marion
Subdivision Vondersaars Sub Fletcher
Township Center
City Indianapolis
State IN
Zip 46201
Schools
School District Indianapolis Public Schools
Financial
Assoc. Dues $0.00

MLS# 22074017
Listing Provided Courtesy of Kenneth Hall
eXp Realty, LLC
kenny@justlivindy.com

Listing updated December 5, 2025 at 10:55 am
Last checked 16 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 241 Eastern Avenue

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.