Turnkey duplex just five minutes from downtown Indianapolis, a perfect opportunity for investors or house hackers alike! This fully renovated property features two updated units: a 2-bedroom, 1-bath unit and a 3-bedroom, 1-bath unit, both with separate entrances, spacious layouts, and modern finishes. Each side is move-in ready and ideal for generating immediate rental income. Whether you choose to live in one unit and rent out the other or add this low-maintenance property to your portfolio, it offers both flexibility and strong financial upside. Located near major highways, restaurants, and downtown amenities, this duplex sits in a high-demand rental area with consistent tenant interest and long-term growth potential.
Active
$280,000
1049 S Tremont St, Indianapolis, IN 46221
5beds
2baths
--sqft
Est.:
Multi Family, Duplex
Built in 1900
-- sqft lot
$273,200 Zestimate®
$--/sqft
$-- HOA
What's special
Separate entrancesModern finishesSpacious layoutsFully renovated propertyUpdated unitsMove-in ready
- 1 day
- on Zillow |
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Zillow last checked: 7 hours ago
Listing updated: August 05, 2025 at 01:33pm
Listing Provided by:
Jayson Velasquez 317-400-7331,
Triple E Realty, LLC
Source: MIBOR as distributed by MLS GRID,MLS#: 22054895

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 2
Heating
- Forced Air
Cooling
- Central Air
Appliances
- Laundry: Connections All
Property
Parking
- Total spaces: 2
- Parking features: Detached
- Garage spaces: 2
- Details: Unit Parking(2 Car Garage, On Street)
Features
- Levels: Two
- Stories: 2
Lot
- Size: 4,791.6 Square Feet
- Features: Access
Details
- Parcel number: 491109108049000901
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family, Duplex
Materials
- Vinyl Siding
Condition
- New construction: No
- Year built: 1900
Community & HOA
Community
- Security: Smoke Alarm
- Subdivision: Jameson's Belmont
Location
- Region: Indianapolis
Financial & listing details
- Tax assessed value: $144,000
- Annual tax amount: $3,418
- Date on market: 8/5/2025
- Tenant pays: Electricity, Gas
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