7918 E 10th St Indianapolis, IN 46219
East Warren NeighborhoodEstimated payment $3,859/month
Highlights
- 1.1 Acre Lot
- 3 Car Attached Garage
- Parking Storage or Cabinetry
- Ranch Style House
- Laundry closet
- Guest Parking
About This Home
Stop searching for your next investment-start earning from day one. This 6 bedroom, 3 bathroom, double unit home is a rare opportunity to acquire not just a property, but a fully operational, high-yield business with a proven track record and phenomenal potential. This turnkey powerhouse has been beautifully updated into two stunning, income-producing rental units, and is being sold fully furnished. The numbers speak for themselves: with one unit grossing over $67K in 2024 and a combined gross of over $40K in the first half of 2025 alone, your path to immediate ROI is clear. Set on a sprawling 1.1 acres with no HOA, each 3-bedroom unit is a masterclass in guest experience. Guests will love the modern kitchens with quartz countertops, cozying up by the stylish stone or shiplap fireplaces, and enjoying the dedicated game rooms. The outdoor amenities are a destination in themselves, featuring two hot tubs, a fire pit, and a private deck-ensuring 5-star reviews and repeat bookings. And the real magic lies in the potential. A third, unfinished unit with a private entry sits above the 3-car garage, offering a straightforward path to dramatically increase your cash flow. This space, previously a long-term rental grossing $1K a month, is your blank canvas to supercharge this income producing asset. This property's flexibility is its superpower-perfect for a savvy investor, a multi-generational family, or an owner who wants to live in one unit while the other pays the mortgage. A turnkey business like this, in a market hungry for unique getaways, is an investor's dream and will be gone in a flash. Schedule your private showing today before another investor claims your financial future!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,590
Year Built
- Built in 1950 | Remodeled
Parking
- 3 Car Attached Garage
- Parking Storage or Cabinetry
- Rear-Facing Garage
- Side Facing Garage
- Garage Door Opener
- Guest Parking
Home Design
- Duplex
- Ranch Style House
- Block Foundation
- Vinyl Siding
- Stone
Bedrooms and Bathrooms
- 6 Bedrooms
- 3 Bathrooms
Laundry
- Laundry closet
- Washer and Dryer Hookup
Unfinished Basement
- Partial Basement
- Crawl Space
- Natural lighting in basement
Schools
- Hawthorne Elementary School
- Raymond Park Intermediate & Middle School
- Warren Central High School
Additional Features
- Fire Pit
- 1.1 Acre Lot
- Property is near bus stop
- Forced Air Heating and Cooling System
Listing and Financial Details
- Assessor Parcel Number 490736110001000700
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| 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 |
|---|---|---|---|---|
| 2024 | $5,874 | $243,000 | $16,400 | $226,600 |
| 2023 | $5,874 | $241,200 | $16,400 | $224,800 |
| 2022 | $4,095 | $171,600 | $16,400 | $155,200 |
| 2021 | $4,051 | $169,600 | $16,400 | $153,200 |
| 2020 | $4,158 | $174,600 | $16,400 | $158,200 |
| 2019 | $4,113 | $172,800 | $16,400 | $156,400 |
| 2018 | $3,649 | $152,200 | $16,400 | $135,800 |
| 2017 | $3,045 | $138,400 | $16,400 | $122,000 |
| 2016 | $1,899 | $131,600 | $16,400 | $115,200 |
| 2014 | $1,472 | $119,800 | $16,400 | $103,400 |
| 2013 | $1,489 | $118,200 | $16,400 | $101,800 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/14/2025 10/14/25 | Price Changed | $649,000 | -4.4% | -- |
| 10/01/2025 10/01/25 | For Sale | $679,000 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | -- | None Listed On Document | |
| Quit Claim Deed | -- | None Listed On Document | |
| Personal Reps Deed | -- | None Available |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $123,500 | Purchase Money Mortgage |
Source: MIBOR Broker Listing Cooperative®
MLS Number: 22065116
APN: 49-07-36-110-001.000-700
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