Looking for an income generating duplex minutes from downtown, Fountain Square, and the new Community Justice Campus? Each unit is 2 beds and 1 bath with updated interior paint, LVP flooring, new decks, new light fixtures and more. Private parking for 4 vehicles with new gravel. All mechanicals were replaced 5 years ago. One unit is rented and the other unit is vacant. The vacant unit is rent ready and could potentially rent at market value for $1200.
Sold
$200,000
329 S State Ave, Indianapolis, IN 46201
4beds
2baths
--sqft
Multi Family, Duplex
Built in 1910
-- sqft lot
$200,100 Zestimate®
$--/sqft
$1,512 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: July 09, 2025 at 03:27pm
Listing Provided by:
Lisa Meulbroek 317-514-6183,
Liberty Real Estate, LLC.,
Chris Meulbroek 317-372-5059,
Liberty Real Estate, LLC.
Bought with:
Ryan Rominger
Trueblood Real Estate
Source: MIBOR as distributed by MLS GRID,MLS#: 22040100

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Main level bathrooms: 4
Heating
- Forced Air, Natural Gas
Cooling
- Central Air, Separate Meters
Appliances
- Laundry: Connections All
Features
- Has basement: No
Property
Parking
- Total spaces: 2
- Parking features: Alley Access
- Details: Unit Parking(2 Car Space)
Features
- Levels: Two
- Stories: 2
- Fencing: Fenced,Chain Link
Lot
- Size: 4,356 sqft
- Features: Access, Sidewalks, Storm Sewer, Street Lights
Details
- Parcel number: 491007205011000101
- Special conditions: As Is
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Colonial
- Property subtype: Multi Family, Duplex
- Attached to another structure: Yes
Materials
- Cedar, Vinyl Siding
- Foundation: Block
- Roof: Shingle
Condition
- Updated/Remodeled
- New construction: No
- Year built: 1910
Community & neighborhood
Location
- Region: Indianapolis
- Subdivision: State Square
Other
Other facts
- Road surface type: Concrete
Services availability
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Estimated market value
$200,100
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
$200,100