23 S Harris Avenue, Indianapolis, IN 46222
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
- Active
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 Global HQ, White River State Park, and Indy Zoo. Both units feature modern updates including durable LVP flooring, carpet upstairs, updated kitchens with white shaker cabinets, and central heating and air. Unit 23 offers 3 beds/1 bath, while Unit 25 features 3 beds/1.5 baths. A covered front porch adds classic 1910 character, while key improvements include a roof estimated at approximately 5 years old. A flexible opportunity for immediate income, house hacking, or long-term portfolio growth. Professional management is already in place and can remain if desired....
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Home facts
- Year built:1910
- Subdivision & Development:Carpenters Home Place
- Listing ID #:22113487
- Added:45 day(s) ago
- Updated:September 06, 2026 at 03:12 PM
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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