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Kade Koch

kade@kadekochrealty.com +1(317) 697-7953

Listed by rolonda lolla • Austyn Avenue Real Estate

$ 174,900

Est. payment -/mo

Save

Active

224 N Tacoma AVE Indianapolis, IN 46201

5,227 Sqft Lot

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Subdivision No Subdivision

MLS Listing ID 22062126

Year Built 1945

Tax Year 2024

Lot Size 5,227 Sqft

Acres 0.12

Property Sub-Type Duplex

Property Description

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.

Location

State IN

County Marion

Rooms

Basement Unfinished

Interior

Heating Forced Air, Natural Gas

Cooling Window Unit(s)

Fireplace N

Exterior

Roof Type Shingle

Building

Story One

Foundation Block

New Construction false

Schools

School District Indianapolis Public Schools

SCHOOLSPROPERTIES

Elementary Schools 20

8

Paramount School of Excellence

Public | KG - 8
6

Center For Inquiry School 2

Public | KG - 8
5

Christel House Academy South

Public | KG - 12
5

Indpls Lighthouse Charter School

Public | KG - 12
4

Theodore Potter School 74

Public | KG - 6
4

Frederick Douglass School 19

Public | PK - 8
3

William Mckinley School 39

Public | PK - 6
3

Christian Park School 82

Public | KG - 6
2

James a Garfield School 31

Public | KG - 8
2

Thomas D. Gregg Elementary School 15

Public | PK - 6
1

Se Neighborhood School of Excellence

Public | KG - 7
1

Washington Irving School 14

Public | PK - 6
1

Francis Parker Montessori School 56

Public | PK - 8
1

Eleanor Skillen School 34

Public | KG - 6
1

Brookside School 54

Public | KG - 6
1

James Russell Lowell School 51

Public | PK - 6
1

Ralph Waldo Emerson School 58

Public | KG - 6
1

Paul I Miller School 114

Public | PK - 6
0

Capitol City Seventh-Day Adventist School

Private | PK - 8
0

Fall Creek Academy

Public | KG - 12

Middle Schools 5

4

Beech Grove Middle School

Public | 7 - 8
1

H L Harshman Middle School

Public | 7 - 8
0

Carpe Diem - Meridian Campus

Public | 6 - 12
0

Longfellow Magnet Middle School

Public | 7 - 8
0

Thomas Carr Howe Community High School

Public | 7 - 12

High Schools 5

10

Herron High School

Public | 9 - 12
1

Arsenal Technical High School

Public | 9 - 12
0

Emmerich Manual High School

Public | 9 - 12
0

Christel House Dors South

Public | 9 - 12
0

Scecina Memorial High School

Private | 9 - 12

School and business data provided by Attom Data.

Kade Koch

Broker Associate

+1(317) 697-7953

Kade Koch

224 N Tacoma AVE Indianapolis, IN 46201

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

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224 N Tacoma AVE