$268,500
PENDING

Estimated payment $1,973/month

Total Views 13
3 Beds
1 Bath
-- Sq Ft
-- Price per Sq Ft

About This Home

Turnkey investment opportunity in the heart of Indianapolis! This fully occupied duplex at 644-646 Eastern Ave is producing strong, consistent cash flow with both units leased at $1,450/month each for a total gross monthly income of $2,900. Each side offers spacious layouts with solid rental appeal, making this an ideal addition to any investor's portfolio. Whether you're looking to expand your holdings or secure a low-maintenance income-producing property, this duplex delivers immediate returns with tenants already in place. Conveniently located near downtown, major highways, dining, shopping, and employment centers. Don't miss this chance to own a performing multifamily asset in a growing market!

Listing Agent

Aaron Coats

eXp Realty LLC Brokerage Email: adcoats01@gmail.com License #RB23002201 Listed on: 05/21/2026

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,314

Year Built

  • Built in 1919

Lot Details

  • 5,793 Sq Ft Lot

Home Design

  • Duplex

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Bathroom

Additional Features

  • Basement

Community Details

  • Hogate & Kings Rural St Subdivision

Listing and Financial Details

  • Tax Lot 49-10-05-132-035.000-101
  • Assessor Parcel Number 491005132035000101

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,314

Year Built

Built in 1919

Lot Details

5,793 Sq Ft Lot

Listing Details

  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2024
  • Year Built: 1919
  • Lot Size Acres: 0.13
  • Subdivision Name: Hogate & Kings Rural St
  • Transaction Type: Sale
  • Conversion: No
  • Attribution Contact: adcoats01@gmail.com
  • Special Features: None

Interior Features

  • Basement: Yes
  • Total Bathrooms: 1
  • Total Bedrooms: 3

Exterior Features

  • Road Access: Street Cuts

Utilities

  • Solid Waste: Yes

Lot Info

  • Current Use: Residential
  • Lot Size Sq Ft: 5793
  • Parcel Number: 491005132035000101
  • Acres: <1/4 Acre

Tax Info

  • Tax Annual Amount: 6314
  • Tax Lot: 49-10-05-132-035.000-101
  • Semi Annual Property Tax Amt: 3157

Map

Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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 $7,812 $327,100 $24,900 $302,200
2024 $3,113 $266,100 $24,900 $241,200
2023 $3,113 $253,500 $24,900 $228,600
2022 $1,905 $154,200 $24,900 $129,300
2021 $3,231 $135,000 $24,900 $110,100
2020 $2,307 $94,700 $2,300 $92,400
2019 $2,183 $87,700 $2,300 $85,400
2018 $1,743 $68,500 $2,300 $66,200
2017 $1,538 $67,300 $2,300 $65,000
2016 $257 $7,200 $2,300 $4,900
2014 $134 $6,200 $2,300 $3,900
2013 $148 $6,200 $2,300 $3,900
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
05/26/2026 05/26/26 Pending -- -- --
05/21/2026 05/21/26 For Sale $268,500 +7.4% --
11/18/2022 11/18/22 Sold $250,000 0.0% $194 / Sq Ft View Prior Sale
10/19/2022 10/19/22 Pending -- -- --
10/14/2022 10/14/22 Price Changed $250,000 -7.2% $194 / Sq Ft
10/10/2022 10/10/22 For Sale $269,500 +7.8% $209 / Sq Ft
09/10/2022 09/10/22 Pending -- -- --
09/09/2022 09/09/22 Off Market $250,000 -- --
09/01/2022 09/01/22 For Sale $269,500 -- $209 / 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
Warranty Deed $250,000 --
Warranty Deed -- None Listed On Document
Warranty Deed $41,000 Investors Title
Warranty Deed $41,000 Investors Title
Warranty Deed -- Title Services
Warranty Deed -- Investors Title
Quit Claim Deed -- --
Warranty Deed -- None Available
Warranty Deed -- Attorney
Deed $35,000 --
Warranty Deed -- Attorney
Quit Claim Deed -- None Available
Corporate Deed -- None Available
Special Warranty Deed -- Investors Titlecorp
Sheriffs Deed $54,000 None Available
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
Previous Owner $237,500 New Conventional
Previous Owner $237,500 New Conventional
Previous Owner $207,576 New Conventional
Previous Owner $207,576 Construction
Source: Public Records

Source: MIBOR Broker Listing Cooperative®

MLS Number: 22103894

MIBOR Broker Listing Cooperative®

APN: 49-10-05-132-035.000-101

Your Personal Tour Guide

Ask me questions while you tour the home.