Indianapolis Real Estate Index

Contact Red Door Real Estate

If you have any questions or need more detailed information, please feel free to contact me via phone at 317-RED-DOOR / 317-733-3667 or fill out the form to let us know how we can help with your real estate needs.

Phone: (317) 733-3667
Fax: (317) 663-0840

Refine your search...
Use the form below to narrow down your results
Hi There! Is this Your First Time?

Did you know if you Register you have access to free search tools including the ability to save listings and property searches? Did you know that you can bypass the search altogether and have listings sent directly to your email address? Check out our how-to page for more info.

Back to Results
$150,000 -

427 N Gladstone Avenue Indianapolis IN 46201

-
Bedrooms
-
Baths
N/A
SQ. Feet
(Above Ground)
0.13
Acres

Great duplex investment opportunity on Indy's East side! Fully occupied. Property is ideal for an investor looking to add to their portfolio or an investor just starting out. Both sides feature 1 bed and 1 bath. 427 unit rents for $700/mo and 429 unit rents for $650/mo. 429 Unit is currently month to month. Plenty of upside potential, Section 8 rents would be $1000 a month or make it a short term at $250 a week. Also great for house hacking, owner live on one side and rent out the other. Owner pays water/sewer. Room sizes are approximate. Seller will not work with wholesalers.

Follow ►
  • Subscribe to Our Blog RSS
Read More...

Property Details

Price: $150,000 Previously: $150,000 Originally: $150,000 Bathrooms: 0.00 MLS #: 22033106 Year Built: 1929 Township: Center Type: Residential Income Zip Code: 46201 City: Indianapolis Subdivision: Tuxedo Park County: Marion School District: Indianapolis Public Schools

Interior Features

Interior Features:

Exterior Features

Exterior Features:
  • Features: Not Applicable
  • # Acres: 0.13

Listing Office: Jmg Indiana

Office Contact: Richardgraham@jasonmitchellgroup.com

Similar Properties To: 427 N Gladstone Avenue, Indianapolis

$176,000

Tuxedo Park
MLS® #:
22071150
Provider:
Wilmoth Group
324 N Linwood Avenue, Indianapolis
$160,000

Forest Park
MLS® #:
22075279
Provider:
Keller Williams Indy Metro S
3042-3044 English Avenue, Indianapolis
$165,995

No Subdivision
MLS® #:
22063312
Provider:
F.c. Tucker Company
4614 E 16th Street, Indianapolis
$160,000

Forest Park
MLS® #:
22075311
Provider:
Keller Williams Indy Metro S
3046-3052 English Avenue, Indianapolis
$160,000

North Brookside Park
MLS® #:
22022911
Provider:
F.c. Tucker Company
2909-2911 Brookside Avenue, Indianapolis
$130,000

Subdivision Not Available See Legal
MLS® #:
22073510
Provider:
Keller Williams Indy Metro S
3021 Boulevard Place, Indianapolis
$139,000

Haywoods Boulevard
MLS® #:
22066065
Provider:
@properties
24 S Euclid Avenue, Indianapolis
$149,999

Parker & Hanways Southwest
MLS® #:
22070564
Provider:
Triple E Realty, Llc
1445 W Lee Street, Indianapolis

View all similar properties here

All information is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties that a consumer may be interested in purchasing. All Information believed to be reliable but not guaranteed and should be independently verified. © 2025 MIBOR Broker Listing Cooperative®. All rights reserved.

Listing information last updated on December 19th, 2025 at 7:10am EST.

My Account

Log in, to view your saved searches and add to your favorite listings.

Sign Up Here For Your FREE Account

... So You Can:

  • View detailed property information
  • Print detailed property flyers
  • Save your searches & favorite homes
  • Inquire about a private showing
  • Map individual property locations
  • Share your favorite homes with friends
Interested In This Property?