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  • Price cut: $15K (7/21)
    $190,000

    401 Wallace Ave, Indianapolis, IN 46201

    4beds
    4baths
    --sqft
    : 
    Multi Family, Duplex
    Built in 1920
    -- sqft lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Updated mechanicals
    NEW PRICE on this Excellent investment opportunity in Irvington Park! This cash-flowing duplex features two 2 bed, 1 bath units-both currently occupied. Each unit offers spacious living areas and updated mechanicals. Easy access to downtown and public transit. Whether you're looking to expand your portfolio or begin your real estate investment journey, this property delivers immediate income in a desirable rental area. Don't miss this turnkey asset!
    45 days
    on Zillow
    |
    1,297
    |
    86
    |

    Zillow last checked: 7 hours ago

    Listing updated: August 07, 2025 at 08:35am

    Listing Provided by:

    Deborah Argenta 317-695-5764,

    Keller Williams Indpls Metro N

    Source: MIBOR as distributed by MLS GRID,MLS#: 22042407MLS Logo
    Travel times

    Tour with a buyer's agent

    We'll find a local expert to take you on a private tour of 401 Wallace Ave.

    Next available tour time:Tomorrow at 11am

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 4
    Cooling
    • Central Air
    Features
    • Has basement: Yes

    Property

    Features
    • Levels: One and One Half
    • Stories: 1
    Lot
    • Size: 6,534 Square Feet
    Details
    • Parcel number: 491004144053000101
    • Special conditions: As Is

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family, Duplex
    • Attached to another structure: Yes
    Condition
    • New construction: No
    • Year built: 1920

    Community & HOA

    Community
    • Subdivision: Layman & Careys Irvington Park Add
    Location
    • Region: Indianapolis

    Financial & listing details

    • Tax assessed value: $177,600
    • Annual tax amount: $4,586
    • Date on market: 6/27/2025
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