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  • $425,000

    3220 N Park Ave, Indianapolis, IN 46205

    5beds
    7baths
    --sqft
    Multi Family, Duplex
    Built in 1910
    -- sqft lot
    $429,100 Zestimate®
    $--/sqft
    $1,834 Estimated rent

    What's special

    Two Homes for the Price of One! This fully renovated duplex was gutted in 2019 with major upgrades, including Hardie board siding, double-hung windows, furnaces, AC units, hot water heaters, PEX plumbing, electrical, and new water and sewer lines. One side offers 2,300+ SF, three bedrooms and three full baths, plus a half bath. The other has 1,500 SF, two en-suite bedrooms, and a half bath. Rent one side to offset your mortgage. The 3-bed unit operated as a mid-term rental with 80% occupancy at $1,100/room. The 2-bed unit is currently leased at $1,900/month. The home has potential for condo conversion. Prime location: 10 minutes to the $4B IU Health hospital expansion, 15 minutes to downtown, plus free Newfields and Children's Museum memberships.

    Zillow last checked: 7 hours ago

    Listing updated: May 21, 2025 at 12:32pm

    Listing Provided by:

    Andre Guadron aguahomes@gmail.com,

    Mainstay Property Group LLC

    Bought with:

    Tony Markus

    Viewpoint Realty Group, LLC

    Source: MIBOR as distributed by MLS GRID,MLS#: 22025333MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 7
    Heating
    • Electric
    Appliances
    • Laundry: Connections All, In Basement
    Features
    • Basement: Unfinished

    Property

    Parking
    • Parking features: Alley Access, Gravel
    • Details: Unit Parking(Parking Lot)
    Features
    • Levels: Two
    • Stories: 2
    Lot
    • Size: 6,534 sqft
    Details
    • Parcel number: 490624118005000101
    • Special conditions: Broker Owned

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Traditional
    • Property subtype: Multi Family, Duplex
    Materials
    • Brick, Wood Siding
    • Foundation: Block
    • Roof: Asphalt
    Condition
    • Updated/Remodeled
    • New construction: No
    • Year built: 1910

    Community & neighborhood

    Security
    • Security features: Security System
    Location
    • Region: Indianapolis
    • Subdivision: Osgoods Forest Park
    Services availability
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    Estimated market value

    $429,100