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214 N Forest Avenue

Indianapolis, IN 46201

ActiveListed Jul 1, 2026 · 114 days on market

Key facts

Lot
0.08 acres
Year built
1920
Type
Residential Income · Duplex
Stories
One
MLS #
22111463
County
Marion
Subdivision
Clem & Gants

About this home

Income-Producing Duplex Investment Opportunity in Indianapolis! Don't miss your chance to own this income-producing duplex at 214 N Forest Avenue. Featuring two spacious units, each offering 3 bedrooms and 2 full bathrooms, this property is an outstanding opportunity for investors seeking reliable cash flow and long-term value. Both units are currently leased for $1,390 per month, providing immediate and consistent rental income. Each unit features a functional floor plan designed for comfortable living, making this property highly desirable for tenants. Whether you're looking to expand your investment portfolio or add a stable, turnkey rental to your holdings, this duplex offers the opportunity to start generating income from day one. With strong rental history, dependable monthly income, and full occupancy already in place, this is a turnkey investment you won't want to miss. Schedule your showing today!

Description provided by the listing brokerage.

Interior

Basement
Unfinished
Laundry
Connections All

Exterior

Roof
Shingle
Construction
Vinyl Siding
Foundation
Block
Parking and garage
Attached

Systems

Heating
Natural Gas
Cooling
Window Unit(s)

Schools

School district
Indianapolis Public Schools

Taxes

Estimated annual tax
$1,979 / yearTwice the semi-annual installment the listing reports.
Tax year
2025

Estimate your monthly payment

$1,350per month, estimated
Principal and interest $1,108Property tax $165Insurance $77
20% · $43,980
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$219,900
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