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2321 Guilford Avenue

Indianapolis, IN 46205

ActiveListed Dec 5, 2025 · 264 days on market

Key facts

Lot
0.13 acres
Year built
1920
Type
Residential Income · Duplex
Stories
Two
MLS #
22075538
County
Marion
Subdivision
Reagan Park

About this home

Just steps from the Monon Trail - Indianapolis' most heavily trafficked recreational corridor and one of the city's clearest growth engines - this fully renovated, two-unit duplex is offered turnkey and vacant on both sides. Each 3-bedroom, 1.5-bath unit has been outfitted with all-new LVP flooring and delivers functional, ready-to-lease living space from the day you close - occupy one side and let the other cover your mortgage, or run both as a rental pair. Behind the scenes, the property has been brought current from the ground up: a complete water supply line replacement, refreshed exterior siding, and a full grounds cleanup mean there's little left on the to-do list for a new owner. The location keeps paying off the more you look: minutes away, the M30 Collective is transforming the Monon and 30th Street corridor with new residential, dining, and retail space; IU Health's $4.29 billion hospital campus opens in 2027 and is expected to drive lasting demand for workforce housing nearby; and a funded expansion of the Monon Trail itself is already underway between 10th and 96th Street. Add easy walking and biking access to Bottleworks, downtown, Ivy Tech, and the Fall Creek Greenway, and you're looking at a property positioned squarely in the path of Indianapolis' next wave of growth - offered vacant, renovated, and priced to move.

Description provided by the listing brokerage.

Interior

Basement
DaylightInterior EntryPartialStorage SpaceUnfinished
Laundry
Connections AllIn Basement
Security
Smoke Detector(s)
Condition
Updated/Remodeled

Exterior

Exterior features
Lighting
Foundation
Block
Style
Traditional
Parking and garage
Alley AccessConcreteOn Street
Fencing
Chain LinkPartialPrivacy
Other equipment
Smoke Alarm

Systems

Heating
Forced AirNatural Gas
Cooling
Central Air

Lot and HOA

Lot features
City LotCurbsSidewalksStorm SewerStreet LightsTrees-Small (Under 20 Ft)

Schools

School district
Indianapolis Public Schools

Taxes

Estimated annual tax
$3,926 / yearTwice the semi-annual installment the listing reports.
Tax year
2025

Estimate your monthly payment

$1,890per month, estimated
Principal and interest $1,462Property tax $327Insurance $102
20% · $58,000
6.47%
Loan type
Loan term

Estimates only. This calculator does not give a quote. Defaults reflect Marion County / Indianapolis averages: property tax from this home's actual county bill, homeowners insurance at 0.42% annually. Conventional: PMI runs 0.55% of the loan annually when your down payment is below 20%, and drops automatically at 22% equity. Your real number depends on credit, taxes assessed for the parcel, escrow, condo insurance, and HOA. Rates as of May 2026 and subject to change.

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Listed at$290,000
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