- Overview
- Description
- Property Details
- Location
- Facts & Features
- Getting Around
Street View
$170,000
Monthly Est:$846
1 Bed
1 Bath
--sqft
1221 Lee St, Indianapolis, IN 46221
$170,000
$846/moEst:
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Duplex
Built in 1938
$-- HOA
11,326 sqft lot
--/sqft
Description
This 2-bedroom, 2-bath duplex offers an excellent opportunity for an investor looking to add to their portfolio. The property also includes an additional vacant lot, creating exciting potential for future development. The additional lot could be an ideal location for a second duplex, subject to zoning, setbacks, utilities, permits, and buyer due diligence. Whether you're looking for an income-producing property, a value-add investment, or an opportunity to expand your rental portfolio, this property offers plenty of possibilities. Live in one unit, rent the other, or maximize the potential of both parcels. Opportunities like this don't come along often an existing duplex plus additional land for potential future development!
- Houzeo last checked: 10 minutes ago
- Listing updated: September 13, 2026 at 10:03 pm
- Listing Provided by: Carolyn Gonzalez | The Modglin Group (317) 865-9400
- Source: Metropolitan Indianapolis Board of REALTORS (MIBOR) MLS-IN | MLS#: 22125729
Property Details
Status
Active
Type
Multi Family
No. of Stories
-
County
City
Neighborhood
Year Built
1938
HOA Fees
-
Finished Area
- sqft
Lot Size
11,326 sqft lot
Basement Area
- sqft
MLS Name
Metropolitan Indianapolis Board of REALTORS (MIBOR) MLS
MLS Number
22125729
MLS Status
Active
Days on Market
47
Cumulative Days on Market
33
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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedroom: 1
Bathroom: 1
Utilities & Energy
Parking Features
Detached
Other Features
Subdivision Name
L C Coburns Sub J F
Price History
| Date | Event | Price |
|---|---|---|
09/12/2026 Source: | Listed for Sale | $170,000 $0/sqft |
09/11/2026 Source: | Listing Removed | $170,000 +51.79% $0/sqft |
06/07/2023 Source: | Price Increased | $112,000 +4.67% $0/sqft |
06/07/2023 Source: | Price Increased | $107,000 +110.22% $0/sqft |
01/15/2023 Source: | Price Increased | $50,900 +409.05% $0/sqft |
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Based on information from MIBOR REALTOR® Association through Oct 28, 2026, 06:15AM. 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.
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