23 S Harris Avenue, Indianapolis, IN 46222

Indianapolis
Local realty services provided by:Schuler Bauer Real Estate ERA Powered
23 S Harris Avenue,Indianapolis, IN 46222
$209,900
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Pending
Listed by: peter stewart
Office: keller williams indpls metro n
MLS#:22113487
Source:IN_MIBOR | Licensed in Indiana

Price summary

  • Price:$209,900

About this home

Investors and house hackers, welcome to 23-25 S Harris Ave-a turn-key, updated side-by-side duplex on Indianapolis' rapidly developing near-west side! Unit 23 is currently rented at $1,265/mo on a month-to-month lease, providing immediate income, while Unit 25 is vacant and move-in ready-ideal for an owner-occupant looking to offset their mortgage with rental income or an investor ready to place their own tenant. With both sides offering nearly identical layouts and finishes, Unit 25 should support a similar rent of approximately $1,265/mo, bringing projected total gross rents to $2,530/mo. Once fully occupied, the property is projected to perform well above the coveted 1% rule, making it an especially compelling option for cash-flow-focused investors. Landlord expenses are kept low with all utilities separately metered and paid by the tenants. Just 10 minutes from Downtown Indy, IU Indianapolis, four major west-side hospitals, the Indianapolis Motor Speedway, and near the new Elanco...

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Home facts

  • Year built:1910
  • Subdivision & Development:Carpenters Home Place
  • Listing ID #:22113487
  • Added:97 day(s) ago
  • Updated:October 28, 2026 at 08:22 AM

Rooms and interior

  • Basement:Yes
  • Basement Description:Basement

Heating and cooling

  • Cooling:Central Electric
  • Heating:Forced Air
  • Central air:Yes

Structure and exterior

  • Roof:Asphalt
  • Year built:1910
  • Lot area:0.11 Acres

Finances and disclosures

  • Price:$209,900
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