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  • $240,000

    450 N Kealing Ave, Indianapolis, IN 46201

    4beds
    4baths
    --sqft
    Multi Family, Duplex
    Built in 1930
    -- sqft lot
    $239,200 Zestimate®
    $--/sqft
    $1,109 Estimated rent

    Owner options

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    $1,109/mo

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    $1,109/mo

    Rent Zestimate®

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    $1,191/mo

    Est. payment

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    $1,191/mo

    Est. payment

    What's special

    Income-Producing Duplex - Ideal for Investors or House Hackers! Don't miss this exceptional opportunity to own a well-maintained duplex featuring two spacious 2 bed / 2 bath units. Whether you're an investor seeking strong returns or a buyer looking to offset your mortgage by living in one unit and renting the other, this property checks all the boxes. Unit 450 is currently leased at $1,100 per month until 8/17. Unit 452 is vacant and ready for a new tenant or owner-occupant, having previously rented for $1,325 per month. With a combined gross rental potential of $2,600 per month, this property exceeds the 1% rule, making it a standout investment. Each unit offers a functional layout, full bathrooms, and in-unit laundry hook ups. With one side already cash-flowing and the other move-in ready, this duplex is perfect for a house hacker looking to build equity while reducing living expenses. Add this income-generating property to your portfolio or make it your home with built-in rental income.

    Zillow last checked: 7 hours ago

    Listing updated: September 10, 2025 at 03:08pm

    Listing Provided by:

    Tyler Lingle 317-443-5258,

    @properties,

    Kyle Hoffman,

    @properties

    Bought with:

    Jacob Deacon

    eXp Realty, LLC

    Source: MIBOR as distributed by MLS GRID,MLS#: 22051384MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 4
    Appliances
    • Laundry: Other
    Features
    • Has basement: Yes

    Property

    Parking
    • Total spaces: 2
    • Parking features: Detached
    • Garage spaces: 2
    • Details: Unit Parking(1 Car Garage)
    Features
    • Levels: Two
    • Stories: 2
    Lot
    • Size: 4,791 sqft
    • Features: Sidewalks
    Details
    • Parcel number: 491005123027000101
    • Zoning: C1

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Traditional
    • Property subtype: Multi Family, Duplex
    • Attached to another structure: Yes
    Materials
    • Aluminum Siding, Vinyl Siding
    • Foundation: Concrete Perimeter
    Condition
    • New construction: No
    • Year built: 1930

    Community & neighborhood

    Location
    • Region: Indianapolis
    • Subdivision: Jennings
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    Estimated market value
    $239,200