This turnkey duplex presents an incredible investment opportunity with a steady stream of income, currently managed by BHB Management. Perfect for investors looking for a cash-flowing property, this updated duplex features two 2-bedroom, 1-bathroom units generating a total of $1,774 per month in rental income. The downstairs unit rents for $899, while the upstairs unit is leased for $750. Recent updates include new LVP flooring and replaced windows, ensuring a move-in-ready investment. The upstairs unit operates on all-electric utilities, while the downstairs unit utilizes electric, gas, and water. Located within walking distance of the iconic Long's Bakery, this property offers a strong rental opportunity & investment.
Sold
$143,750
1245 N Tremont St, Indianapolis, IN 46222
4beds
2baths
--sqft
Multi Family, Duplex
Built in 1920
-- sqft lot
$144,100 Zestimate®
$--/sqft
$1,489 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: May 13, 2025 at 06:51pm
Listing Provided by:
Max Moore max@atpropertiesind.com,
@properties,
Kyle Hoffman,
@properties
Bought with:
Amanda Clark
Clark Realty, LLC
Source: MIBOR as distributed by MLS GRID,MLS#: 22025240

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
Features
- Has basement: Yes
Property
Features
- Levels: One and One Half
- Stories: 1
Lot
- Size: 5,662 sqft
Details
- Parcel number: 490633130045000901
- Zoning: Residential
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family, Duplex
Condition
- New construction: No
- Year built: 1920
Community & neighborhood
Location
- Region: Indianapolis
- Subdivision: No Subdivision
Services availability
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Estimated market value
$144,100
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$144,100