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1201 Wade Street

Indianapolis, IN 46203
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Bed 0

Bed

Bath 0

Bath

Acres0.14

Acre(Lot)

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 a n 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.

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Detail Ic Property Details

Property Type : Residential Income

Price : $239,000

AD Id : 88047254

MLS Id : MBR22114118

Lot Size : 0.14 Acre

Year Built : 1929

Garage : 2

County : Marion

Subdivision: Julian Etal Spring Gardens South

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Feature Features

  • Room Information

    Has Basement: Yes
  • Heating & Cooling

    Cooling: Central Air

  • Building Information

    Year Built: 1929

  • Lot Information

    Lot Square Feet: 6142 Lot Acres: 0.14

    Property Information

    Property Type: Residential Income Sub Type: Duplex Structure Type: Duplex, FreeStand

  • Listing Price Information

    Original List Price:$239000

  • Tax Information

    Tax Lot: 9 Tax Legal Description: Julian Etal Spring Garden Add L9 Tax Year: 2025 Parcel Number: 491019112084000101

  • Parking Information

    Detached

    Garage Information

    Garage Space: 2

  • Location Information

    Subdivision: Julian Etal Spring Gardens South City: Indianapolis
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ByOwner last updated this listing 07/22/2026 @ 06:20

MLS: MIBOR #22114118 LISTED BY: Tasheana Hanza, Hanza Realty, LLC 317-800-4438 SOURCE: MIBOR REALTOR® Association (Listings courtesy of MIBOR REALTOR® Association as distributed by MLS GRID)

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