Long time established tenants, one has been there for 29 years, both tenants would like to stay, cash flow starts at closing. Appears to be a good solid structure, alum siding, double pane vinyl clad windows, open covered front and rear porches, part fenced rear yard plus asphalt paved off-street parking. Great rental investment.
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Beds
2
Baths
—
Stories
2
Lot width
40 ft.
Lot depth
152 ft.
Lot size
6,098 Sq. Ft.
Year renovated
1927
Sq. Ft.
1,176
Year built
1927
Style
Multi-Family (2-4 Unit)
County
Marion County
APN
490627118002000101
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Oct 19, 2026.
D5
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
Public facts
Beds: 2
Baths: —
Sq. Ft.: 1,176
Stories: 2.0
Lot Size: 6,098 square feet
Style: Multi-Family (2-4 Unit)
Year Built: 1927
Year Renovated: 1927
County: Marion County
APN: 490627118002000101
Home facts updated by county records on Oct 19, 2026
Around this home
Schools
Cold Spring School
Public K-8 • Assigned • 1.1mi
7/10
Riverside High School
Charter 9-12 • Assigned • 0.2mi
4/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
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
4/10 Heat Factor
7 days above 102° expected this year, 19 days in 30 years
2/10 Wind Factor
0% 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)
32
18
42
26
60
40
68
49
71
54
83
66
88
71
83
65
82
59
70
49
54
39
42
28
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 9.6 hours in
June and 3.3 hours in December, placing it below the
U.S. average for solar exposure.
9.6 hrs
3.3 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$100,000 – $121,000
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