402 N Parker Avenue, Indianapolis, IN 46201

Indianapolis
Local realty services provided by:Better Homes and Gardens Real Estate Gold Key
402 N Parker Avenue,Indianapolis, IN 46201
$184,900
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: max moore, kenneth fletcher
Office: @properties
MLS#:22109652
Source:IN_MIBOR | Licensed in Indiana

Price summary

  • Price:$184,900

About this home

Two-story brick duplex producing $2,450 per month in gross rents, offered at $184,900, with both unit rents documented by executed leases. Each of the two units features two bedrooms and one bathroom with both bedrooms located on the second floor. Tenants have been in place several years and pay their own utilities. System ages include roof at approximately fourteen to fifteen years, furnace and air conditioning at six to seven years, and water heater at six to seven years. Light cosmetic updates support rents of approximately $1,300 to $1,400 per unit, offering near-term upside on already-strong in-place income. The building anchors the St. Clair Place and Windsor Park corridor, blocks from neighborhood restaurants and minutes from downtown Indianapolis, Mass Ave, and Bottleworks. One of thirteen buildings in a 17-unit Indianapolis rental portfolio available individually or as a package. Executed leases available upon request. Property sold as-is.

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Home facts

  • Year built:1930
  • Subdivision & Development:Oxford Park
  • Listing ID #:22109652
  • Added:94 day(s) ago
  • Updated:September 27, 2026 at 03:02 PM

Rooms and interior

  • Basement:Yes
  • Basement Description:Basement

Heating and cooling

  • Cooling:Separate Meters

Structure and exterior

  • Year built:1930
  • Lot area:0.09 Acres
  • Lot Features:Busline, Curbs, Sidewalks
  • Construction Materials:Vinyl With Brick

Utilities

  • Water:Water
  • Sewer:Sewer

Finances and disclosures

  • Price:$184,900
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