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.
Sold
$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
What's special
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#: 22051384

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