2749 S Illinois Street
Indianapolis, IN 46225
- – beds
- – baths
- – sqft
- 11,238 sqft lot
- 1962 build
Situated in the thriving Garfield Park area, this freshly painted 2025 duplex is a prime house-hacking or investment opportunity! Each unit offers 2 bedrooms, 1 bathroom, and 900 sq ft of updated living space, making it ideal for homeowners looking to offset their mortgage or investors seeking a strong rental property. The second unit (98 Gimber St) features a 1.5-car garage with a workshop, providing valuable storage space or an ideal setup for hobbyists. Both units received extensive renovations in 2020, including new flooring, showers, cabinets, appliances, and fresh paint, ensuring a modern, move-in-ready feel. Additionally, the crawl space was professionally cleaned, reinforced, and fully waterproofed in 2020 to enhance the property's longevity and structural integrity. One unit is currently leased on a month-to-month basis, while the other has a 90-day lease, with a tenant eager to stay, offering immediate rental income potential or flexibility for an owner-occupant. This duplex sits minutes from downtown Indianapolis, placing residents near top dining, entertainment, and shopping destinations. The sought-after Garfield Park area offers tree-lined streets, historic charm, and easy access to walking trails, a conservatory, an arts center, and year-round events. The Southside's vibrant community scene features unique coffee shops, breweries, and markets, while I-65 access makes commuting a breeze. Whether you're looking to live in one unit while renting out the other to cover costs, expand your real estate portfolio, or secure a well-maintained rental property in a high-demand area, this duplex delivers on value, location, and long-term potential. Don't miss this rare opportunity-schedule your showing today!
Last checked:
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Last updated Mar 27, 2025
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MLS# 22028244 —
The Building
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Year Built:1962
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New Construction:false
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Construction Materials:Brick
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Architectural Style:Ranch
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Levels:One
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Security Features:Smoke Alarm
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Green Certification:No
Interior
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Laundry Features:Common Laundry
Location
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Directions:GPS Friendly
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Latitude:39.727496
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Longitude:-86.15981
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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Property Attached:true
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Parcel Number:491123119054000101
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Acres:1/4-1/2 Acre
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Lot Features:Storm Sewer
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Lot Size Acres:0.26
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Lot Size SqFt:11,238 Sqft
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Price Per Acre:1057692
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Structure Type:Duplex
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Fencing:Partial
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Fence:Yes
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Current Use:Residential
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Road Access:Access Rd
Listing Agent
- Contact info:
- Agent phone:
- (317) 445-0351
- Office phone:
- (317) 794-2827
Taxes
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Tax Lot:491123119054000101
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Tax Year:2023
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Semi Annual Property Tax Amt:982
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
Parking
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Parking:On Street,2 Car Space
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Parking Features:Detached
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Garage Spaces:1
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 |
|---|---|---|---|---|
|
3/27/25
Mar 27, 2025
|
Pending | MIBOR | $275,000 | |
|
3/21/25
Mar 21, 2025
|
Listed / Active | MIBOR | $275,000 | 450.0% (89.8% / YR) |
|
3/17/20
Mar 17, 2020
|
MIBOR | $50,000 |
