$224,900
$5K PRICE DROP

Estimated payment $1,404/month

Total Views 5,376
3 Beds
2 Baths
-- Sq Ft
-- Price per Sq Ft

About This Home

Income-Producing Duplex Investment Opportunity in Indianapolis! Don't miss your chance to own this income-producing duplex at 214 N Forest Avenue. Featuring two spacious units, each offering 3 bedrooms and 2 full bathrooms, this property is an outstanding opportunity for investors seeking reliable cash flow and long-term value. Both units are currently leased for $1,390 per month, providing immediate and consistent rental income. Each unit features a functional floor plan designed for comfortable living, making this property highly desirable for tenants. Whether you're looking to expand your investment portfolio or add a stable, turnkey rental to your holdings, this duplex offers the opportunity to start generating income from day one. With strong rental history, dependable monthly income, and full occupancy already in place, this is a turnkey investment you won't want to miss. Schedule your showing today!

Listing Agent

Seth Ragon

Your Home Team Brokerage Email: seth@yourhometeam4life.com License #RB22000839 Listed on: 07/01/2026

Co-Listing Agent

Corina Jones

Your Home Team Brokerage Email: seth@yourhometeam4life.com License #RB14035921

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,979

Year Built

  • Built in 1920

Lot Details

  • 3,615 Sq Ft Lot

Parking

  • Attached Garage

Home Design

  • Duplex
  • Block Foundation
  • Vinyl Siding

Interior Spaces

  • 1-Story Property
  • Washer and Dryer Hookup
  • Unfinished Basement

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Utilities

  • Window Unit Cooling System
  • Heating System Uses Natural Gas

Community Details

  • Clem & Gants Subdivision

Listing and Financial Details

  • Tax Lot 49-10-05-152-008.000-101
  • Assessor Parcel Number 491005152008000101

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,979

Year Built

Built in 1920

Lot Details

3,615 Sq Ft Lot

Listing Details

  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2025
  • Year Built: 1920
  • Co List Office Phone: 317-851-9600
  • Lot Size Acres: 0.08
  • Structure Type: Duplex
  • Subdivision Name: Clem & Gants
  • Transaction Type: Sale
  • Conversion: No
  • Attribution Contact: seth@yourhometeam4life.com
  • Special Features: None

Interior Features

  • Basement: Yes
  • Basement Type: Unfinished
  • Levels: One
  • Total Bathrooms: 2
  • Total Bedrooms: 3

Exterior Features

  • Roof: Shingle
  • Construction Materials: Vinyl Siding
  • Direction Faces: East
  • Foundation Details: Block
  • Road Access: Access Rd

Garage/Parking

  • Parking Features: Attached
  • Unit Parking: On Street

Utilities

  • Cooling: Window Unit(s)
  • Heating: Natural Gas
  • Laundry Features: Connections All
  • Solid Waste: Yes

Lot Info

  • Property Attached Yn: No
  • Additional Parcels: No
  • Current Use: Residential
  • Lot Size Sq Ft: 3615
  • Parcel Number: 491005152008000101
  • Acres: <1/4 Acre

Rental Info

  • Tenant Pays: All Utilities

Tax Info

  • Tax Annual Amount: 1979.22
  • Tax Lot: 49-10-05-152-008.000-101
  • Semi Annual Property Tax Amt: 989.61

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $2,103 $84,200 $6,200 $78,000
2024 $2,141 $94,000 $6,200 $87,800
2023 $2,141 $85,200 $6,200 $79,000
2022 $2,007 $80,000 $6,200 $73,800
2021 $1,505 $60,200 $6,200 $54,000
2020 $1,402 $55,600 $2,200 $53,400
2019 $1,156 $44,200 $2,200 $42,000
2018 $1,145 $43,400 $2,200 $41,200
2017 $988 $41,400 $2,200 $39,200
2016 $893 $37,800 $2,200 $35,600
2014 $761 $35,200 $2,200 $33,000
2013 $732 $35,200 $2,200 $33,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/03/2026 08/03/26 Price Changed $224,900 -2.2% --
07/01/2026 07/01/26 For Sale $229,900 +99.9% --
03/13/2026 03/13/26 Sold $115,000 -8.0% $174 / Sq Ft View Prior Sale
02/18/2026 02/18/26 Pending -- -- --
02/16/2026 02/16/26 For Sale $124,999 0.0% $189 / Sq Ft
02/05/2026 02/05/26 Pending -- -- --
01/31/2026 01/31/26 Price Changed $124,999 -7.4% $189 / Sq Ft
10/31/2025 10/31/25 For Sale $135,000 +1828.6% $205 / Sq Ft
10/26/2012 10/26/12 Sold $7,000 -41.2% $14 / Sq Ft View Prior Sale
10/18/2012 10/18/12 Pending -- -- --
07/07/2012 07/07/12 For Sale $11,900 -- $24 / Sq Ft
Source: MIBOR Broker Listing Cooperative®

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Warranty Deed -- Meridian Title
Special Warranty Deed -- --
Deed $7,000 --
Sheriffs Deed $69,955 None Available
Source: Public Records

Source: MIBOR Broker Listing Cooperative®

MLS Number: 22111463

MIBOR Broker Listing Cooperative®

APN: 49-10-05-152-008.000-101

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