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Street View
$225,000
Monthly Est:$1,120
3 Beds
- 2 Baths
--sqft
1201 Wade St, Indianapolis, IN 46203
$225,000
$1,120/moEst:
Get Pre-Approved
Duplex
Built in 1929
$-- HOA
6,142 sqft lot
--/sqft
Description
Excellent investment opportunity just minutes from Garfield Park! This unique property features two completely separate homes on one parcel, each with its own utilities, central A/C, private living space, and fenced yard access. The front home currently rents for $1,255/month and the rear home rents for $1,045/month, providing immediate rental income. Conveniently located near Garfield Park, shopping, restaurants, and public transportation, with easy access to downtown Indianapolis. Please note: The interior photos were taken prior to the current tenants moving in. We chose not to publish photos containing the tenants' personal belongings to respect their privacy. Additional interior photos are available upon request. Property is tenant occupied. Showings will be scheduled after an accepted offer to minimize disruption to the residents. Buyer inspections and walkthroughs will be completed during the due diligence period. Whether you're looking to add to your portfolio or own a property with two standalone rental homes, this is a rare opportunity in an area seeing continued investment and growth.
- Houzeo last checked: 12 hours ago
- Listing updated: October 1, 2026 at 8:26 pm
- Listing Provided by: Tasheana Hanza | Hanza Realty, LLC (317) 800-4438
- Source: Metropolitan Indianapolis Board of REALTORS (MIBOR) MLS-IN | MLS#: 22114118

Property Details
Status
Active
Type
Multi Family
No. of Stories
-
County
City
Neighborhood
Year Built
1929
HOA Fees
-
Finished Area
- sqft
Lot Size
6,142 sqft lot
Basement Area
- sqft
MLS Name
Metropolitan Indianapolis Board of REALTORS (MIBOR) MLS
MLS Number
22114118
MLS Status
Active
Days on Market
86
Cumulative Days on Market
72

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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedrooms: 3
Bathrooms: 2
Interior
Cooling
Central Air
Utilities & Energy
Laundry Features
Connections All
Basement
Unfinished
Parking Features
Detached
Other Features
Subdivision Name
Julian Etal Spring Gardens South
Tenant Pays
All Utilities, Insurance
Price History
| Date | Event | Price |
|---|---|---|
08/28/2026 Source: | Pending | $225,000 $0/sqft |
08/28/2026 Source: | Listed for Sale | $225,000 -1.75% $0/sqft |
08/20/2026 Source: | Price Decreased | $229,000 -4.18% $0/sqft |
07/14/2026 Source: | Listed for Sale | $239,000 -9.81% $0/sqft |
12/06/2024 Source: | Listing Removed | $265,000 +29.33% $0/sqft |
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Based on information from MIBOR REALTOR® Association through Oct 07, 2026, 06:00AM. The Broker Listing Cooperative® listing service's Listing information is deemed reliable but is not guaranteed accurate by the Broker Listing Cooperative® listing service. All data is obtained from various sources and may not have been verified by broker or Broker Listing Cooperative listing service. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.. All Rights Reserved. © 2026 MIBOR REALTOR® Association.
Advertising Broker: Jonah Hartsburg | Hoosier Hub Realty









