1245 N Tremont Street
Indianapolis, IN 46222
- – beds
- – baths
- – sqft
- 5,532 sqft lot
- 1920 build
This turnkey duplex presents an incredible investment opportunity with a steady stream of income, currently managed by BHB Management. Perfect for investors looking for a cash-flowing property, this updated duplex features two 2-bedroom, 1-bathroom units generating a total of $1,774 per month in rental income. The downstairs unit rents for $899, while the upstairs unit is leased for $750. Recent updates include new LVP flooring and replaced windows, ensuring a move-in-ready investment. The upstairs unit operates on all-electric utilities, while the downstairs unit utilizes electric, gas, and water. Located within walking distance of the iconic Long's Bakery, this property offers a strong rental opportunity & investment.
Last checked:
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Last updated Mar 28, 2025
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MLS# 22025240 —
The Building
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Year Built:1920
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New Construction:false
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Levels:One and One Half
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Basement:true
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Green Certification:No
Location
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Directions:GPS Friendly
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Latitude:39.785492
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Longitude:-86.200653
The Property
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View:true
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Property Type:Residential Income
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Property Subtype:Duplex
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Parcel Number:490633130045000901
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Acres:<1/4 Acre
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Lot Size Acres:0.13
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Lot Size SqFt:5,532 Sqft
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Price Per Acre:1191538
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Zoning:Residential
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Current Use:Residential
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Road Access:Not Applic
Listing Agent
- Contact info:
- Agent phone:
- (317) 476-3338
- Office phone:
- (317) 489-3441
Taxes
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Tax Lot:490633130045000901
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Tax Year:2023
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Semi Annual Property Tax Amt:884
Utilities
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Solid Waste:No
Schools
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High School District:Indianapolis Public Schools
The Community
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Subdivision Name:No Subdivision
Extra Units
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# of Units Total:2
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
3/24/25
Mar 24, 2025
|
Relisted | MIBOR | $154,900 | |
|
3/8/25
Mar 8, 2025
|
Pending | MIBOR | $154,900 | |
|
3/7/25
Mar 7, 2025
|
Listed / Active | MIBOR | $154,900 | 21.0% (11.5% / YR) |
