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$174,900
2
beds
2
baths

224 N Tacoma Avenue
Indianapolis, Indiana 46201

Active / MLS #22062126 / Multiple Unit (2-4) / Near Eastside - Indianapolis
Listing information updated 12/8/2025 at 1:26pm
Turnkey Duplex - Fully Leased, $1,850/Month Income! Fantastic investment opportunity in Indianapolis! This 1-bedroom, 1-bathroom per side duplex with a full basement is fully occupied and generating $1,850/month in rental income. Each unit is on a current lease, providing stability and cash flow from day one. Convenient Location: Close to downtown Indy, shopping, dining, and major highways. This duplex is surrounded by remodeled and new construction homes giving it great future potential. Investor Friendly: With tenants already in place, this is a true turnkey rental. a list price of $179,900, this property comfortably meets the 1% rule, making it a great buy-and-hold investment. Bonus: The neighboring property at 228 N Tacoma Ave, a similar duplex, is also available. Would prefer to sell both as a package, giving you the opportunity to own two side-by-side income-producing properties.
Basement:
Unfinished
Beds Above Grade:
2
Cooling System:
Window Unit(s)
Heating System:
Forced Air, Natural Gas
Pool:
No
Age:
80 Years
Roof Type:
Shingle
Square Feet:
N/A
Lot Size:
0.12 Acres
Acreage:
0.12
Tax Amount:
N/A
Tax Year:
2024
Zip Code:
46201
City:
Indianapolis
County:
Marion
School District(s):
Indianapolis Public Schools
Elementary School:
N/A
Middle School:
N/A
High School:
N/A

Listing Office: Austyn Avenue Real Estate

Listing Office Phone: 317.500.5963

Disclaimer: The data relating to real estate for sale on this website comes courtesy of MIBOR REALTOR® Association as distributed by MLS GRID. Real estate listings held by brokerage firms other than @properties are marked with the Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 12/8/2025 at 1:26pm. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

$193,103
Average Sale Price
67
Average Days On The Market
92%
Sales Prices VS. List Price
Data represents the community area’s average over the past 12 months. All information deemed reliable, but not guaranteed.
Map of 224 N Tacoma Avenue, Indianapolis, IN 46201

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224 N Tacoma Avenue, Indianapolis, IN 46201 is a multiple unit (2-4) currently listed at $174,900. 224 N Tacoma Avenue features 2 Beds, 2 Baths. This multiple unit (2-4) has been listed on @properties IND since September 9th, 2025 and was built in 1945.