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301 E Southern Avenue

Indianapolis, IN 46225

ActiveListed Oct 19, 2026 · 1 day on market

Key facts

Lot
0.25 acres
Year built
1920
Type
Residential Income · Duplex
Stories
Two
MLS #
22132262
County
Marion
Subdivision
No Subdivision

About this home

Huge Duplex in a Prime Location Expand your real estate portfolio with this spacious duplex in an excellent Indianapolis location, directly adjacent to Garfield Park and just minutes from downtown! Offering a combination of size, location, and established occupancy, this property presents an exciting opportunity for investors looking to add a multifamily asset to their holdings. Both units are fully occupied by long-term tenants, providing an established rental history and the potential for continued income. With its generous size and desirable location near one of Indianapolis's historic parks, this duplex offers an opportunity to build long-term value while benefiting from existing tenancy. Enjoy convenient access to downtown Indianapolis, local restaurants, shopping, entertainment, and major commuter routes, all while being right next to the green space and recreational amenities of Garfield Park.

Description provided by the listing brokerage.

Interior

Basement
Unfinished
Condition
Updated/Remodeled

Exterior

Roof
Asphalt
Construction
Wood Siding
Foundation
Block
Style
Traditional

Systems

Heating
Forced AirNatural Gas

Schools

School district
Indianapolis Public Schools

Taxes

Estimated annual tax
$4,646 / yearTwice the semi-annual installment the listing reports.
Tax year
2025

Estimate your monthly payment

$1,492per month, estimated
Principal and interest $1,033Property tax $387Insurance $72
20% · $40,980
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$204,900
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