224 N Tacoma Avenue, Indianapolis, IN 46201

Indianapolis
Local realty services provided by:Better Homes and Gardens Real Estate Gold Key
224 N Tacoma Avenue,Indianapolis, IN 46201
$174,900
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Pending
Listed by: rolonda lolla
Office: austyn avenue real estate
MLS#:22062126
Source:IN_MIBOR

Price summary

  • Price:$174,900

About this home

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.

Contact an agent

contact an agent

Yes, I would like more information. Please use and/or share my information with a BHGRE®  affiliated agent to contact me about my real estate needs. By clicking Send message, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a BHGRE®  affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (CENTURY 21® , Coldwell Banker® , Corcoran® , ERA® , Sotheby's International Realty® ). I acknowledge that I have read and agree to theTerms of useandPrivacy notice

Home facts

  • Year built:1945
  • Listing ID #:22062126
  • Added:200 day(s) ago
  • Updated:March 31, 2026 at 07:32 AM

Rooms and interior

  • Basement:Yes
  • Basement Description:Basement, Unfinished

Heating and cooling

  • Cooling:Window Unit(s)
  • Heating:Forced Air

Structure and exterior

  • Roof:Shingle
  • Year built:1945
  • Lot area:0.12 Acres
  • Lot Features:Not In Subdivision, Sidewalks, Street Lights
  • Foundation Description:Block

Utilities

  • Water:Water
  • Sewer:Sewer

Finances and disclosures

  • Price:$174,900
Copyright 2026 Metropolitan Indianapolis Board of Realtors. All rights reserved. Listings courtesy of Metropolitan Indianapolis Board of Realtors as distributed by MLS GRID. Metropolitan Indianapolis Board of Realtors provides content displayed here (“provided content”) on an “as is” basis and makes no representations or warranties regarding the provided content, including, but not limited to those of non-infringement, timeliness, accuracy, or completeness. Individuals and companies using information presented are responsible for verification and validation of information they utilize and present to their customers and clients. Metropolitan Indianapolis Board of Realtors will not be liable for any damage or loss resulting from use of the provided content or the products available through Portals, IDX, VOW, and/or Syndication. Recipients of this information shall not resell, redistribute, reproduce, modify, or otherwise copy any portion thereof without the expressed written consent of Metropolitan Indianapolis Board of Realtors.

New listings near 224 N Tacoma Avenue