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$184,900
4
beds
2
baths

402 N Parker Avenue
Indianapolis, Indiana 46201

Active / MLS #22109652 / Multiple Unit (2-4) / Near Eastside - Indianapolis
Listing information updated 8/8/2026 at 10:46am
Two-story brick duplex producing $2,450 per month in gross rents, offered at $184,900, with both unit rents documented by executed leases. Each of the two units features two bedrooms and one bathroom with both bedrooms located on the second floor. Tenants have been in place several years and pay their own utilities. System ages include roof at approximately fourteen to fifteen years, furnace and air conditioning at six to seven years, and water heater at six to seven years. Light cosmetic updates support rents of approximately $1,300 to $1,400 per unit, offering near-term upside on already-strong in-place income. The building anchors the St. Clair Place and Windsor Park corridor, blocks from neighborhood restaurants and minutes from downtown Indianapolis, Mass Ave, and Bottleworks. One of thirteen buildings in a 17-unit Indianapolis rental portfolio available individually or as a package. Executed leases available upon request. Property sold as-is.
Architecture Style:
Traditional
Exterior Type:
Vinyl With Brick
Beds Above Grade:
4
Cooling System:
Separate Meters
Pool:
No
Age:
96 Years
Square Feet:
N/A
Lot Size:
0.09 Acres
Acreage:
0.09
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: @properties

Listing Office Phone: 317.476.3338

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 8/8/2026 at 10:46am. 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.

$192,272
Average Sale Price
77
Average Days On The Market
91%
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 402 N Parker Avenue, Indianapolis, IN 46201

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402 N Parker Avenue, Indianapolis, IN 46201 is a multiple unit (2-4) currently listed at $184,900. 402 N Parker Avenue features 4 Beds, 2 Baths. This multiple unit (2-4) has been listed on @properties IND since June 24th, 2026 and was built in 1930.

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