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
$214,900
- - Beds
- - Baths
- - sq. ft.
- Multi-family
- Active
Listed by: peter stewart
Office: keller williams indpls metro n
MLS#:22113487
Source:IN_MIBOR
Price summary
- Price:$214,900
About this home
Attention investors: welcome to 23-25 S Harris Ave, a fully turn-key, cash-flowing side-by-side duplex on Indianapolis' high-growth near-west side where gross rents exceed the 1% rule from day one! Delivering $2,290/mo in total income (Unit 23 at $1,265/mo, Unit 25 at $1,025/mo, both month-to-month), this asset features low landlord overhead with all utilities separately metered and paid by the tenants. Perfectly situated just 10 minutes from Downtown Indy, IU campus, four major west-side hospitals, the Indianapolis Motor Speedway, and blocks from the new Elanco Global HQ, White River State Park, and the Indy Zoo, tenant demand remains exceptionally strong. Both units feature identical modern updates including durable LVP flooring in main living areas, cozy carpet upstairs, and redone kitchens boasting crisp white shaker cabinets. Both have central heating/air. Unit 23 offers a 3-bed/1-bath layout while Unit 25 offers 3-bed/1.5-baths. Welcomed by a charming covered front porch, this 1910 build combines classic character with key capital improvements, including a roof estimated at just 5 years old. An ideal portfolio add with immediate cash flow and substantial long-term appreciation potential! Professional management in place for a seamless ownership transfer (if desired)....
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Home facts
- Year built:1910
- Listing ID #:22113487
- Added:1 day(s) ago
- Updated:July 22, 2026 at 09:40 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:$214,900
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