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.
228 N Tacoma Avenue Indianapolis IN 46201
- -
- Bedrooms
- -
- Baths
- N/A
- SQ. Feet
(Above Ground)
- 0.12
- Acres
Turnkey Duplex - One Side Leased at $800/Month, Other Side Vacant with $1,000/Month Potential or Owner-Occupy Option! Fantastic investment opportunity in Indianapolis! This 1-bedroom, 1-bathroom per side duplex with a full basement with 2 built out rooms is half occupied and currently generating $800/month in rental income. The other side is vacant and ready - with potential to rent for around $1,000/month or for you to move in and live while building equity. Convenient Location: Close to downtown Indy, shopping, dining, and major highways. The area is surrounded by remodeled and new construction homes, giving this property excellent long-term growth potential. Investor Friendly: One tenant already in place providing stability and cash flow from day one, with immediate upside potential on the vacant unit. At a list price of $179,900, this property meets the 1% rule, making it an attractive buy-and-hold investment. Bonus: The neighboring duplex at 224 N Tacoma Ave is also available. Prefer to sell both as a package, giving you the rare chance to own two side-by-side income-producing properties.
Property Details
Interior Features
- Cooling: Window Unit(s)
- Heating: Natural Gas
Exterior Features
- Setting / Lot Description: Access, Not In Subdivision, Sidewalks, Street Lights
- # Acres: 0.12
Listing Office: Austyn Avenue Real Estate
Similar Properties To: 228 N Tacoma Avenue, Indianapolis
No Subdivision
- MLS® #:
- 21984186
- Provider:
- Amr Real Estate Llc
No Subdivision
- MLS® #:
- 22033530
- Provider:
- Just Liv, Llc
No Subdivision
- MLS® #:
- 22057900
- Provider:
- @properties
No Subdivision
- MLS® #:
- 22018431
- Provider:
- Exp Realty, Llc
No Subdivision
- MLS® #:
- 22062089
- Provider:
- F.c. Tucker Company
No Subdivision
- MLS® #:
- 22047868
- Provider:
- F.c. Tucker Company
No Subdivision
- MLS® #:
- 22062126
- Provider:
- Austyn Avenue Real Estate
No Subdivision
- MLS® #:
- 22050434
- Provider:
- New Quantum Realty Group
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 September 13th, 2025 at 1:11pm EDT.
