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301 E Southern Avenue Indianapolis, IN ^$ 204,900

301 E Southern Avenue

^$ 204,900

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Recently Listed

301 E Southern Avenue

Indianapolis, IN, 46225

^$ 204,900

Bedrooms-- Baths0.0

Monthly Estimate*

^$ 1,415

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Multi-Family Home for sale in Indianapolis, IN

for $204,900. This home was built in 1920 on a lot size of 0.25.

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.

Multi-Family Active

Price

^$ 204,900

Property Type

Multi-Family

Taxes

^$ 4,646

Style

Traditional

Lot Size

0.25

Year Built

1920

Town/City

Indianapolis

County/Region

Marion

MLS | Web ID

22132262

Features

General

Heating Forced Air Natural Gas

Possession Closing

Roof Asphalt

Architectural Style Traditional

Construction Materials Wood Siding

Year Built 1920

Township Center

Levels Two

Property Subtype Duplex

Tax Year 2025

Current Use Apt<20

County Marion

New Construction N

Property Type Residential Income

Subdivision Name No Subdivision

Status Active

Directions GPS Friendly

City Indianapolis

High School District Indianapolis Public Schools

Number Of Units Total 2

MLS Area 4910 - Marion - Center

Lot Size Square Feet 11021

Property Condition Updated/Remodeled

Structure Type Duplex

Standard Status Active

Tax Lot 101

Legal Description Pt Sw1/4 S24 T15 R3 605.26' W Ne Cor P.O.B. W62' S178.43' E62' N178.43' To Beg 0.25 Ac

Interior

Basement Unfinished

Basement (Y/N) Y

Exterior

Foundation Details Block

Lot Size Acres 0.25

Road Surface Type Asphalt

Road Frontage Type City Street

* Excluded Features

List By

Century 21 Scheetz

Broker

nate@c21scheetz.com

Affordability Calculator

$1,802

Per Month

Monthly Principal & Interest: $1,415
Monthly Property Taxes: $387
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Indianapolis, IN

Average List Price ^$351,510

Percent of Sale Price 72%

About Indianapolis, IN

843,184 Population

8% Since 2002

^$43,160 Median Income

35.24 Median Age

29% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

4044905 Elementary School

4044909 Middle School

Unknown High School High School

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Pricing History

Date	Price	Price Change	Description
10/19/2026	$204,900		Listed Price

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301 E Southern Avenue, Indianapolis, IN, 46225 is a Multi-Family Home for sale at $204,900 with a lot size of 0.25. 301 E Southern Avenue has 0.0 baths and was built in 1920. The property's zip code is 46225 which is in Indianapolis, IN

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Property information provided courtesy of the Internet Exchange Program of the Metropolitan Indianapolis Board of REALTORS® Broker Listing Cooperative® listing service.

The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data is updated as of 10/20/2026.

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301 E Southern Avenue

Multi-Family Home for sale in Indianapolis, IN

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