228 N Tacoma Avenue, Indianapolis, IN 46201
Local realty services provided by:Schuler Bauer Real Estate ERA Powered
228 N Tacoma Avenue,Indianapolis, IN 46201
$179,900
- - Beds
- - Baths
- - sq. ft.
- Multi-family
- Active
Listed by:rolonda lolla
Office:austyn avenue real estate
MLS#:22062223
Source:IN_MIBOR
Price summary
- Price:$179,900
About this home
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.
Contact an agent
Home facts
- Year built:1945
- Listing ID #:22062223
- Added:2 day(s) ago
- Updated:September 14, 2025 at 03:03 PM
Heating and cooling
- Cooling:Window Unit(s)
Structure and exterior
- Roof:Shingle
- Year built:1945
- Lot area:0.12 Acres
Finances and disclosures
- Price:$179,900
New listings near 228 N Tacoma Avenue
- New
$298,000Active3 beds 3 baths1,869 sq. ft.5404 Himalayan Drive, Indianapolis, IN 46239
MLS# 22062372Listed by: DIAMOND STARS REALTY LLC - New
$300,000Active4 beds 2 baths2,352 sq. ft.11435 E 63rd Street, Indianapolis, IN 46236
MLS# 22062307Listed by: F.C. TUCKER COMPANY - New
$309,900Active5 beds 3 baths3,110 sq. ft.5908 Cabot Drive, Indianapolis, IN 46221
MLS# 22062605Listed by: WHITE STAG REALTY, LLC - New
$286,000Active4 beds 3 baths1,861 sq. ft.Address Withheld By Seller, Indianapolis, IN 46237
MLS# 22060016Listed by: HIGHGARDEN REAL ESTATE - New
$239,900Active2 beds 2 baths1,664 sq. ft.4944 Windridge Drive, Indianapolis, IN 46226
MLS# 22018119Listed by: HIGHGARDEN REAL ESTATE - New
$250,000Active3 beds 3 baths1,192 sq. ft.3160 Dandy Trail, Indianapolis, IN 46214
MLS# 22062657Listed by: UNITED REAL ESTATE INDPLS - New
$274,900Active3 beds 2 baths1,491 sq. ft.6411 Nightshade Drive, Indianapolis, IN 46237
MLS# 22062279Listed by: SHEEPSHEDS, LLC - New
$525,000Active4 beds 4 baths4,353 sq. ft.4620 Kintz Drive, Indianapolis, IN 46239
MLS# 22062554Listed by: MAYWRIGHT PROPERTY CO. - Open Thu, 5 to 8pmNew
$549,500Active4 beds 4 baths3,321 sq. ft.1607 Woodlawn Avenue, Indianapolis, IN 46203
MLS# 22062585Listed by: RE/MAX AT THE CROSSING - New
$175,000Active4 beds 2 baths1,736 sq. ft.6647 E 45th Street, Indianapolis, IN 46226
MLS# 22059904Listed by: BLACK REALTY COMPANY
Protect your home and budget with an American Home Shield© home warranty. Learn more© 2023 - 2025 ERA Franchise Systems LLC. All rights reserved. ERA Franchise Systems LLC fully supports the principles of the Fair Housing Act and the Equal Opportunity Act. ERA, ERA Real Estate powered, and their respective logos are registered service marks of ERA Franchise Systems LLC. Each office is independently owned and operated.