402 N Parker Avenue, Indianapolis, IN 46201
Local realty services provided by:Schuler Bauer Real Estate ERA Powered
402 N Parker Avenue,Indianapolis, IN 46201
$184,900
- - Beds
- - Baths
- - sq. ft.
- Multi-family
- Active
Listed by: max moore, kenneth fletcher
Office: @properties
MLS#:22109652
Source:IN_MIBOR
Price summary
- Price:$184,900
About this home
Two-story brick duplex producing $2,450 per month in gross rents, offered at $184,900, with both unit rents documented by executed leases. Each of the two units features two bedrooms and one bathroom with both bedrooms located on the second floor. Tenants have been in place several years and pay their own utilities. System ages include roof at approximately fourteen to fifteen years, furnace and air conditioning at six to seven years, and water heater at six to seven years. Light cosmetic updates support rents of approximately $1,300 to $1,400 per unit, offering near-term upside on already-strong in-place income. The building anchors the St. Clair Place and Windsor Park corridor, blocks from neighborhood restaurants and minutes from downtown Indianapolis, Mass Ave, and Bottleworks. One of thirteen buildings in a 17-unit Indianapolis rental portfolio available individually or as a package. Executed leases available upon request. Property sold as-is.
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Home facts
- Year built:1930
- Subdivision & Development:Oxford Park
- Listing ID #:22109652
- Added:49 day(s) ago
- Updated:August 12, 2026 at 04:28 PM
Rooms and interior
- Basement:Yes
- Basement Description:Basement
Heating and cooling
- Cooling:Separate Meters
Structure and exterior
- Year built:1930
- Lot area:0.09 Acres
- Lot Features:Busline, Curbs, Sidewalks
- Construction Materials:Vinyl With Brick
Utilities
- Water:Water
- Sewer:Sewer
Finances and disclosures
- Price:$184,900
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