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2640 Guilford Avenue

Indianapolis, IN 46205

ActiveListed Sep 12, 2026 · 25 days on market

Key facts

Lot
0.04 acres
Year built
1900
Type
Residential Income · Duplex
MLS #
22125826
County
Marion
Subdivision
No Subdivision

About this home

Attention!!! With this Duplex you have the flexibility to live in one unit and collect rent from the other unit. Or continue maximizing it as a full investment property. Each unit offers 3 bedrooms. Unit 1 features 1.5 baths, a spacious living room, large kitchen, laundry room, and basement. Unit 2 includes 3 bedrooms, 1 full bath, living room, kitchen, and laundry area. Both units have separate utility meters and central air. Appliances include range and refrigerator. Recent updates include a new water heater in the lower unit, fresh exterior paint, and updated LVP flooring. This property presents an excellent opportunity for cash flow and long-term investment. Schedule your showing today!

Description provided by the listing brokerage.

Exterior

Exterior features
Balcony

Schools

School district
Indianapolis Public Schools

Taxes

Estimated annual tax
$4,302 / yearTwice the semi-annual installment the listing reports.
Tax year
2025

Estimate your monthly payment

$1,836per month, estimated
Principal and interest $1,381Property tax $359Insurance $96
20% · $54,800
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$274,000
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