$95,000

Estimated payment $644/month

Total Views 879
3 Beds
2 Baths
-- Sq Ft
-- Price per Sq Ft

About This Home

Investment opportunity featuring one occupied unit and one vacant unit ready for lease-up. Unit 2802 is currently rented at $650/month with tenant paying gas/electric, while Unit 2804 has a prospective Section 8 tenant approved at $800/month and expected to move in next month, bringing projected gross monthly income to $1,450/month. Tenants have historically paid their own utilities, helping keep operating expenses low. Recent improvements include updated flooring and interior finishes, along with a newer sump pump and gas heaters replaced within the last five years. This property offers additional value-add potential through future rent increases, operational efficiencies, and continued portfolio optimization. Whether you're a seasoned investor or looking to acquire your first multifamily property, this duplex presents an affordable entry point with established income and upside.

Listing Agent

Jared Smith

Rosewood Real Estate Brokerage Email: jared@rosewoodindy.com License #RB19002227 Listed on: 06/06/2026

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,554

Year Built

  • Built in 1900

Home Design

  • Duplex
  • Block Foundation
  • Stone Foundation

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Schools

  • Delta Middle School
  • Delta High School

Utilities

  • Window Unit Cooling System
  • Heating System Uses Natural Gas

Additional Features

  • 2-Story Property
  • 6,534 Sq Ft Lot
  • Basement

Listing and Financial Details

  • Tax Lot 18-11-22-338-002.000-003
  • Assessor Parcel Number 181122338002000003

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,554

Year Built

Built in 1900

Lot Details

6,534 Sq Ft Lot

Listing Details

  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2025
  • Year Built: 1900
  • Lot Size Acres: 0.15
  • Subdivision Name: No Subdivision
  • Transaction Type: Sale
  • Conversion: Yes
  • Attribution Contact: jared@rosewoodindy.com
  • Special Features: None

Interior Features

  • Basement: Yes
  • Levels: Two
  • Total Bathrooms: 2
  • Total Bedrooms: 3

Exterior Features

  • Foundation Details: Block, Stone
  • Road Access: Frontage Road

Utilities

  • Cooling: Window Unit(s)
  • Heating: Natural Gas
  • Solid Waste: No

Schools

  • Middle Or Junior School: Delta Middle School

Lot Info

  • Current Use: Apt<20, Residential
  • Lot Size Sq Ft: 6534
  • Parcel Number: 181122338002000003
  • Acres: <1/4 Acre

Rental Info

  • Tenant Pays: All Utilities

Tax Info

  • Tax Annual Amount: 1554
  • Tax Lot: 18-11-22-338-002.000-003
  • Semi Annual Property Tax Amt: 777

MLS Schools

  • High School: Delta High School

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 $1,554 $71,800 $5,700 $66,100
2024 $1,272 $57,700 $5,700 $52,000
2023 $1,262 $57,200 $5,200 $52,000
2022 $1,196 $53,900 $5,200 $48,700
2021 $1,024 $45,300 $5,600 $39,700
2020 $874 $37,800 $4,700 $33,100
2019 $916 $39,900 $5,100 $34,800
2018 $978 $39,800 $5,100 $34,700
2017 $898 $39,000 $4,700 $34,300
2016 $898 $39,000 $4,700 $34,300
2014 $455 $38,400 $4,700 $33,700
2013 -- $38,100 $4,700 $33,400
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
06/06/2026 06/06/26 For Sale $95,000 +427.8% --
02/12/2020 02/12/20 Sold $18,000 -33.1% $7 / Sq Ft View Prior Sale
01/31/2020 01/31/20 Pending -- -- --
12/13/2019 12/13/19 For Sale $26,900 +68.1% $11 / Sq Ft
04/14/2014 04/14/14 Sold $16,000 -23.4% $10 / Sq Ft View Prior Sale
03/17/2014 03/17/14 Pending -- -- --
01/10/2014 01/10/14 For Sale $20,900 -- $13 / 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
Quit Claim Deed -- None Listed On Document
Deed -- None Available
Interfamily Deed Transfer -- --
Warranty Deed -- --
Warranty Deed -- Soiurners Tittle
Sheriffs Deed $74,128 --
Source: Public Records

Mortgage 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 Status Loan Amount Loan Type
Open $260,250 Credit Line Revolving
Source: Public Records

Source: MIBOR Broker Listing Cooperative®

MLS Number: 22106580

MIBOR Broker Listing Cooperative®

APN: 18-11-22-338-002.000-003

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