3201 Sutherland Avenue Indianapolis, IN $ 235,000
3201 Sutherland Avenue
$ 235,000
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3201 Sutherland Avenue

Indianapolis, IN, 46205
$ 235,000
Bedrooms-- Baths0.0

Monthly Estimate*

$ 1,623

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Multi-Family Home for sale in Indianapolis, IN

for $235,000. This home was built in 1910 on a lot size of 0.17.

An excellent opportunity for investors and owner-occupants alike, this centrally located Indianapolis duplex features two 2-bedroom, 1-bath units and an established Airbnb operation. One side currently operates as an Airbnb, generating approximately $1,700 per month. The second unit previously generated similar monthly income as an Airbnb before transitioning to a long-term rental at $1,100 per month and is now vacant, offering flexibility for the new owner to move in or rent it out. The purchase price includes furniture, appliances, and inventory, plus two months of seller-provided coaching and co-hosting support to help the new owner learn the ins and outs of Airbnb hosting. Live in one side while managing the Airbnb next door, or add this versatile property to your rental portfolio. Conveniently located approximately 10 minutes from downtown Indianapolis, with easy access to popular local destinations, dining, and entertainment. Photos of the vacant unit show its previous Airbnb setup and are provided for design inspiration. Showings of the Airbnb unit are subject to guest stays and availability; the listing agent will coordinate available viewing dates with interested buyers. Schedule your showing today!

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Multi-Family Active

Price

$ 235,000

Property Type

Multi-Family

Taxes

$ 4,236

Style

Duplex

Lot Size

0.17

Year Built

1910

Town/City

Indianapolis

County/Region

Marion

MLS | Web ID

22135482

Features
General
Possession Closing
Security Features Smoke Detector(s)
Construction Materials Aluminum Siding
Year Built 1910
Township Center
Levels Two
Property Subtype Duplex
Tax Year 2025
Current Use Residential
County Marion
New Construction N
Property Type Residential Income
Subdivision Name G S Wrights 1st North
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 7275
Current Financing Exchange - 1031 Conventional FHA VA
Structure Type Duplex
Standard Status Active
Tax Lot 1
Legal Description G S Wrights 1st North Side Add L1 B2
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Exterior
Lot Features Access
Lot Size Acres 0.17
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Interior
Basement (Y/N) Y
Laundry Features No Laundry Facil.
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* Excluded Features
List By
Real Broker, Llc

Broker

mihirbhimaraju@welcomehomeindie.com

Email

Affordability Calculator

$1,976
Per Month
82%
18%
0%
Monthly Principal & Interest
$1,623
Monthly Property Taxes
$353
Monthly 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
4044905 Elementary School
4044909 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
11/6/2026$235,000 Listed Price

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3201 Sutherland Avenue, Indianapolis, IN, 46205 is a Multi-Family Home for sale at $235,000 with a lot size of 0.17. 3201 Sutherland Avenue has 0.0 baths and was built in 1910. The property's zip code is 46205 which is in Indianapolis, IN