Turnkey Duplex Near Downtown Indianapolis - Newly Remodeled & Fully Occupied Excellent investment opportunity just minutes from downtown Indianapolis! This fully remodeled duplex offers modern updates and strong rental income. Renovated in 2019, the property features a brand-new roof, updated mechanicals, and stylish interior finishes throughout both units. Unit 1: Spacious 3 bedrooms, 2 full bathrooms - ideal for a family or long-term tenant Unit 2: Cozy 1 bedroom, 1 bathroom - perfect for a single occupant or couple Both units are currently tenant-occupied, providing immediate cash flow. Whether you're a seasoned investor or just getting started, this low-maintenance property is a solid addition to any portfolio. Located close to public transportation, dining, and downtown attractions. Don't miss your chance to own this income-producing gem in one of Indy's most promising areas!
Active
Price cut: $1.5K (8/11)
$286,000
552 Jefferson Ave, Indianapolis, IN 46201
4beds
3baths
--sqft
Est.:
Multi Family, Duplex
Built in 1900
-- sqft lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Stylish interior finishesBrand-new roof
- 38 days
- on Zillow |
- 599 |
- 53 |
Zillow last checked: 7 hours ago
Listing updated: August 11, 2025 at 04:57pm
Listing Provided by:
Jessica Green 317-526-2559,
CityPlace Realty
Source: MIBOR as distributed by MLS GRID,MLS#: 22050236

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
Cooling
- Central Air
Features
- Has basement: Yes
Property
Features
- Levels: One
- Stories: 1
Lot
- Size: 5,227.2 Square Feet
Details
- Parcel number: 491006135037000101
- Special conditions: As Is
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family, Duplex
Condition
- New construction: No
- Year built: 1900
Community & HOA
Community
- Subdivision: Ruddells Glenwood
Location
- Region: Indianapolis
Financial & listing details
- Tax assessed value: $238,400
- Annual tax amount: $5,658
- Date on market: 7/11/2025
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