SOLD SEP 24, 2026

Sold on sep 2026

$250,000

•

2 ba

•

1,280

sq ft

2201-2203 E Riverside Dr, Indianapolis, IN 46208

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About this home

Fully renovated and perfectly positioned in the sought-after Riverside neighborhood, this turnkey duplex offers an incredible opportunity for both investors and first-time buyers. Overlooking the beautiful Riverside Golf Course, this property combines modern updates with unbeatable location and income potential. Live in one unit while renting the other to offset your mortgage and build wealth through house hacking, or lease both units for strong cash flow and long-term appreciation. Each side has been thoughtfully renovated with updated finishes, creating a move-in-ready experience for tenants or owner-occupants alike. Just minutes from downtown, parks, dining, and major employers, you'll enjoy the convenience of city living in one of the area's most desirable neighborhoods. Whether you're looking to start your real estate investment journey or add a quality asset to your portfolio, this rare Riverside duplex checks every box. Don't miss your chance to own a fully updated income-producing property in an exceptional location.

Multi-familyProperty Type

1920Year Built

4,095 sq ftLot Size

$195Price/Sq.Ft.

Listed by Jesus Flores • West & Main Real Estate

Listed by Kendrick Davis • West & Main Real Estate

Bought with Lendys Molina • Realty of America LLC

Redfin checked: 2 minutes ago

•Source:MIBOR as Distributed by MLS Grid #22118040

Redfin Estimate

$246,931

$3,069 since sold in September 2026$99K since September

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 52.8% higher than the average sale price ($162K) of 6 comparable homes.

SOLD JUL 17, 2026
$65,000
A
4 beds2 baths1,452 sq ft
952 Udell St, Indianapolis, IN 46208
SOLD AUG 7, 2026
$149,900
B
3 beds1 bath1,296 sq ft
2102 Gent Ave, Indianapolis, IN 46202
SOLD AUG 14, 2026
$160,000
C
3 beds2 baths2,160 sq ft
1438 W 23rd St, Indianapolis, IN 46208
SOLD MAY 20, 2026
$179,900
D
3 beds1.5 baths1,482 sq ft
1877 Mansfield St, Indianapolis, IN 46202
SOLD JUN 17, 2026
$185,000
E
3 beds2 baths1,200 sq ft
1027 N Elder Ave, Indianapolis, IN 46222
SOLD JUN 11, 2026
$230,000
F
4 beds2 baths2,205 sq ft
2666 Burton Ave, Indianapolis, IN 46208

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Market trends in 46208, IN

Last updated September 2026

Buyer's Market

Seller's Market

Balanced market

Sale-to-List Price

97.4%

0.3% MoM

Median sale price

$227K

$5K MoM

Avg. days on market

33d

0 days MoM

Recently sold homes

100

18 MoM

New listings for sale

NEW 12 HRS AGO
$239,900
4 beds2 baths1,470 sq ft
1145 Udell St, Indianapolis, IN 46208
NEW 13 HRS AGO
$330,000
3 beds2 baths1,250 sq ft
3011 Boulevard, Indianapolis, IN 46208
$89,900
3 beds1 bath1,755 sq ft
535 W 29th St, Indianapolis, IN 46208
$74,900
4 beds2 baths3,504 sq ft
1134 W 35th St, Indianapolis, IN 46208
FOR SALE BY OWNER
$65,000
— beds— baths5,201 sq ft
4217 Graceland Ave, Indianapolis, IN 46208
$119,900
2 beds1 bath1,492 sq ft
622 W 41st St, Indianapolis, IN 46208
$250,000
7 beds4 baths2,150 sq ft
945 W 28th St, Indianapolis, IN 46208
$179,000
3 beds2 baths2,363 sq ft
349 W 29th St, Indianapolis, IN 46208
$120,000
4 beds1.5 baths2,856 sq ft
3351 Kenwood Ave N, Indianapolis, IN 46208
$89,900
2 beds1 bath2,332 sq ft
3528 Graceland Ave, Indianapolis, IN 46208
See all

Provided by Redfin

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Sale and tax history for 2201-2203 E Riverside Dr

Sale History
Tax History

Year

Property tax

Land + Additions

Assessment*

2025

$3,070 (+2.3%)

$11,200 + $115,000

$126,200

2024

$3,002

$11,200 + $111,000

$122,200

2023

$3,000 (+19.2%)

$11,200 + $111,000

$122,200

2022

$2,518 (+39.8%)

$11,200 + $111,000

$122,200

2021

$1,801 (−0.3%)

$3,000 + $70,800

$73,800

2020

$1,807 (+2.2%)

$3,000 + $70,800

$73,800

2019

$1,768 (+23.3%)

$3,000 + $70,800

$73,800

2018

$1,434 (+19.7%)

$3,000 + $67,800

$70,800

2017

$1,198 (+4.0%)

$3,000 + $49,000

$52,000

2016

$1,152 (+6.8%)

$3,000 + $49,000

$52,000

2015

$1,079 (−3.2%)

$3,000 + $48,000

$51,000

2014

$1,115 (+4.0%)

$3,000 + $46,000

$49,000

2013

$1,072

$3,000 + $48,600

$51,600

Public record

Public record
Zoning

Beds

Baths

—

Stories

Lot width

51 ft.

Lot depth

80 ft.

Lot size

4,095 Sq. Ft.

Year renovated

1920

Sq. Ft.

1,280

Year built

1920

Style

Multi-Family (2-4 Unit)

County

Marion County

APN

490627127061000101

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Jul 29, 2026.

AIRSPACE SECONDARY ZONING DISTRICT

COMPACT

Dwelling District Five

The D-5 district is intended for medium and large- lot housing formats, primarily for detached houses, but may incorporate small- scale multi- unit building types in strategic locations. This district can be used for new, walkable suburban neighborhoods or for infill situation in established urban areas, including both low density and medium density residential recommendations of the Comprehensive Plan, and the Suburban Neighborhood and Traditional Neighborhood Typologies of the Land Use Pattern Book.

Zone overlays

Airspace Secondary Zoning District
Compact Context Area

Permitted uses

Include but are not limited to:

Housing-Group
Housing-Single unit
Housing-Multiple units
Communications tower
Housing-Mobile home park
Park & open space

Property details

Interior

Basement Information
Has Basement

Multi-Family Financial Information
Gross Income: 0
Expenses: 0

Multi-Unit Information
# of Units: 2

Unit Type 1 Information
Kitchen: 172.9
Levels: 2
Rent: 0
Rent Frequency: Monthly

Exterior

Property Features
Conversion: No

Property Information
Other Equipment: Satellite Dish
Property Type: Residential Income
Has View
Property Sub Type: Duplex

Land Information
Current Use: Vacant
Acres: <1/4 Acre

Lot Information
Lot Size Acres: 0.09
Road Access: Not Applic

Utilities

Utility Information
Solid Waste Information: Yes

Location

School Information
High School District: Indianapolis Public Schools

Location Information
Directions: GPS Friendly
Tax Legal Description: Miller & Wackers Parkway W1/2 L83

Public facts

Beds: 2
Baths: —
Sq. Ft.: 1,280
Stories: 2.0
Lot Size: 4,095 square feet
Style: Multi-Family (2-4 Unit)
Year Built: 1920
Year Renovated: 1920
County: Marion County
APN: 490627127061000101

Home facts updated by county records on Jul 29, 2026

Other

Home Information
Construction Materials: Brick
Levels: Two
Security Features: Smoke Detector(s)

Around this home

Schools

George Washington Carver School 87

Public PreK-5 • Assigned • 1.3mi

3/10

Global Preparatory Academy

Charter K-8 • Assigned • 0.4mi

4/10

Riverside High School

Charter 9-12 • Assigned • 0.9mi

4/10

Crispus Attucks Medical Magnet High School (9-12)

Public 9-12 • Assigned • 1.5mi

4/10

Provided by GreatSchools

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

1/10 Fire Factor

Unlikely to be in a wildfire in next 30 years

3/10 Heat Factor

7 days above 102° expected this year, 19 days in 30 years

2/10 Wind Factor

1% chance of strong winds in next 30 years

4/10 Air Factor

5 unhealthy days expected this year, 7 days in 30 years

Provided by First Street

Historical weather

Indianapolis, IN • 46208

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

95/ 100

Exceptional sunlight

Sunscore

This home ranks in the top 14% for direct sun exposure in Indianapolis. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.

10.1 hrs

6.5 hrs

JuneDecember

Provided by Shadowmap

Estimated sale price

$235,000 – $284,000

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Nearby similar homes

NEW 13 HRS AGO

$330,000

3 beds2 baths1,250 sq ft

3011 Boulevard, Indianapolis, IN 46208

$250,000

7 beds4 baths2,150 sq ft

945 W 28th St, Indianapolis, IN 46208

NEW 16 HRS AGO

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8 beds3.5 baths4,280 sq ft

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NEW CONSTRUCTION

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NEW CONSTRUCTION

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New listings for sale in 46208

NEW 12 HRS AGO

$239,900

4 beds2 baths1,470 sq ft

1145 Udell St, Indianapolis, IN 46208

NEW 13 HRS AGO

$330,000

3 beds2 baths1,250 sq ft

3011 Boulevard, Indianapolis, IN 46208

$89,900

3 beds1 bath1,755 sq ft

535 W 29th St, Indianapolis, IN 46208

$74,900

4 beds2 baths3,504 sq ft

1134 W 35th St, Indianapolis, IN 46208

FOR SALE BY OWNER

$65,000

— beds— baths5,201 sq ft

4217 Graceland Ave, Indianapolis, IN 46208

$119,900

2 beds1 bath1,492 sq ft

622 W 41st St, Indianapolis, IN 46208

$250,000

7 beds4 baths2,150 sq ft

945 W 28th St, Indianapolis, IN 46208

$179,000

3 beds2 baths2,363 sq ft

349 W 29th St, Indianapolis, IN 46208

$120,000

4 beds1.5 baths2,856 sq ft

3351 Kenwood Ave N, Indianapolis, IN 46208

Home values near 2201-2203 E Riverside Dr

Data from public records.

Address	Redfin Estimate
2145 E Riverside Drive, Indianapolis, IN 2 Beds \| - Baths \| 1542 Sq. Ft.	$55,635
2165 E Riverside Drive, Indianapolis, IN 2 Beds \| 1.5 Baths \| 1839 Sq. Ft.	$209,747

Address	Redfin Estimate
2149 E Riverside Drive #0, Indianapolis, IN - Beds \| - Baths \| - Sq. Ft.	$130,470
2159 E Riverside Drive, Indianapolis, IN 3 Beds \| 1.5 Baths \| 1999 Sq. Ft.	$159,963

Address	Redfin Estimate
2149 E Riverside Drive, Indianapolis, IN 3 Beds \| - Baths \| 1226 Sq. Ft.	$148,467
2205 E Riverside Drive, Indianapolis, IN 1 Beds \| - Baths \| 1288 Sq. Ft.	$132,591

Property information provided by MIBOR as Distributed by MLS Grid when last listed in 2026. This data may not match . Learn more.

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About this home

Redfin Estimate

Market trends in 46208, IN

Homeowner tools

Sale and tax history for 2201-2203 E Riverside Dr

Public record

Property details

Around this home

Schools

Climate risks

Historical weather

Sun exposure

Nearby similar homes

New listings for sale in 46208

Home values near 2201-2203 E Riverside Dr

More real estate resources