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$179,900

Listing Price

1beds

--baths

600sqft

5,184sqft lot

224 N Tacoma Ave, Indianapolis, IN 46201

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  • Full foreclosure details

  • Home value, equity and ownership info

  • Find homes priced below market

  • Get full access with a FREE Account

Already a member?

For Sale

Off Market

Multi-Family

Home type

--

Price / sqft

1945

Year built

Home Details

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.

Interior Details

Square Feet
  • 600

Bedrooms
  • 1

Bathrooms
  • N/A

Heating
  • Has Heating:

    Yes

  • Heating Type:

    Central

Cooling
  • Has Cooling:

    Yes

  • Cooling Type:

    Central

Fuel
  • Has Fuel:

    No

  • Fuel Type:

    N/A

Basement
  • Has Basement:

    No

  • Basement Type:

    Full

Flooring
  • Has Flooring:

    No

  • Flooring Type:

    N/A

Fireplace
  • Has Fireplace:

    Yes

  • Fireplace Type:

    N/A

Property Details

Lot Size
  • 5184

Water
  • Yes

Sewer
  • Yes

Parking
  • Type:

    N/A

  • Location:

    N/A

  • Status:

    N/A

  • Number of Spaces:

    N/A

Deck
  • N/A

Patio
  • N/A

Fence
  • N/A

Pool
  • N/A

Porch
  • N/A

Stoop
  • N/A

Breezeway
  • N/A

Construction Details

Number of Stories
  • 1

Style
  • Duplex Single

Exterior
  • N/A

Foundation
  • N/A

Roof
  • N/A

Roofing Material
  • Asphalt

Tax History

Year

Amount

Land

Improvement

Percent Change

Assessment

2019

$1,854

$2,400

$90,600

--%

$93,000

2019

$1,854

$2,400

$71,400

--%

$73,800

2018

$1,830

$2,400

$69,800

--%

$72,200

2017

$261

$2,400

$4,800

--%

$7,200

2016

$248

$2,400

$4,400

--%

$6,800

2014

$140

$2,400

$4,100

--%

$6,500

0

$0

$2,400

$4,100

--%

$6,500

2011

$194

$6,900

$2,200

--%

$9,100

percent-home-icon

Average Home Price in 46201

Nearby Properties

Zip Code

Price

Bed

Bath

Sqft

Lot

Sold Date

$--

2 Beds

-- Baths

672 Sqft

4,008 Lot (sqft)

Sold 10/12/2026

$--

1 Beds

-- Baths

660 Sqft

3,615 Lot (sqft)

Sold 10/13/2026

$--

1 Beds

-- Baths

554 Sqft

6,011 Lot (sqft)

Sold 10/06/2026

percent-home-icon

Calculators

Mortgage

Mortgage Calculator

Calculate your monthly mortgage payments.
Household Income
70,000
$
Home price
179,900
$
Down payment
35,980
$
Mortgage Rate
6.5
%
Loan Term
Property Tax Rate
1.1
%
Homeowner's Insurance (Annual)
1,079.4
$
HOA (Monthly)
0
$
PMI
0
$
$1,165
Your Payment
Total Monthly Payment:$1,165
Percent of Income:20%
Affordable:Yes

Details for 224 N TACOMA AVE

Property Debt

Foreclosure Contact Details