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2026 Clay Street

Indianapolis, IN 46205

ActiveListed Oct 19, 2026 · 1 day on market

Key facts

Lot
0.12 acres
Year built
1958
Type
Residential Income · Duplex
Stories
One
MLS #
22132239
County
Marion
Subdivision
Montrose

About this home

Investment Opportunity Near the Nickel Plate Trail & Indiana State Fairgrounds! Add to your portfolio with this fully occupied duplex in a highly convenient location, directly alongside the Nickel Plate Trail and just a one-minute walk from the Indiana State Fairgrounds! With both units occupied, this property offers an opportunity for investors seeking an income-producing asset in an established Indianapolis location. The property's proximity to the trail, fairgrounds, and surrounding amenities adds to its appeal, offering convenient access to local attractions and everyday destinations. Whether you're an experienced investor looking to expand your portfolio or exploring your next multifamily investment, this property is worth a closer look. Opportunities to acquire an occupied multifamily property in a location like this don't come around every day. Take advantage of the existing occupancy and explore the potential this investment has to offer!

Description provided by the listing brokerage.

Interior

Condition
Updated/Remodeled

Exterior

Exterior features
Not Applicable
Roof
Asphalt
Construction
Block
Style
Ranch

Systems

Heating
Forced AirNatural Gas

Lot and HOA

Lot features
AccessBusline

Schools

School district
Indianapolis Public Schools

Taxes

Estimated annual tax
$2,878 / yearTwice the semi-annual installment the listing reports.
Tax year
2025

Estimate your monthly payment

$1,371per month, estimated
Principal and interest $1,058Property tax $240Insurance $73
20% · $41,980
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$209,900
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