Turnkey Triplex in South Belmont - LongTerm Income Opportunity Discover a fully maintained triplex in the sought-after South Belmont neighborhood. This investment property features: *Three units: two one-bedroom apartments and one studio *Bright, functional layouts with laminate floors, full kitchens, updated bathrooms, and abundant natural light *Fresh curb appeal: vinyl siding, inviting front porch, lowmaintenance yard, and street parking *Prime location: minutes from Rhodius Park, William Penn School, local diners, cafes, and everyday conveniences *Income-ready: longterm rental model offering stable monthly cash flow with a combined gross potential of approximately $2,436/mo (about $29,232/year) Ideal for both investors and owner-occupants seeking consistent, predictable rental income. Schedule your showing today!
Sold
$200,000
1344 S Belmont Ave, Indianapolis, IN 46221
3beds
3baths
--sqft
Multi Family, Triplex
Built in 1900
-- sqft lot
$199,900 Zestimate®
$--/sqft
$1,120 Estimated rent
Owner options
What's special
Zillow last checked: 8 hours ago
Listing updated: September 11, 2025 at 11:46am
Listing Provided by:
Stephen Flanagan 317-236-9172,
R. P. Lux Company
Bought with:
Kyle Hoffman
@properties
Source: MIBOR as distributed by MLS GRID,MLS#: 22027807
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
Heating
- Natural Gas
Cooling
- Window Unit(s)
Appliances
- Laundry: No Laundry Facil.
Features
- Has basement: No
Property
Parking
- Parking features: On Street
Features
- Levels: Two
- Stories: 2
- Fencing: Fenced,Partial
Lot
- Size: 4,356 sqft
Details
- Parcel number: 491116105012000901
- Special conditions: Sales Disclosure On File
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Traditional
- Property subtype: Multi Family, Triplex
Materials
- Vinyl Siding
Condition
- New construction: No
- Year built: 1900
Community & neighborhood
Security
- Security features: Smoke Detector(s)
Location
- Region: Indianapolis
- Subdivision: Belmont
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Estimated market value
$199,900