29 N Tacoma Avenue
Indianapolis, IN 46201
0
Bed
0
Bath
0.12Acre(Lot)
Calling all investors and house hackers! This renovated fourplex presents an excellent opportunity to own a cash-flowing multifamily property just minutes from downtown Indianapolis. The property currently has three occupied units generating approximately $3,300 per month in rental income, with one vacant unit that was previously rented for $1,100 per month, offering a total rental potential of approximately $4,400 per month. The unit mix consists of two 2-bedroom units and two 1-bedroom units, providing a desirable layout that appeals to a wide range of tenants. The vacant unit also creates an ideal opportunity for an owner-occupant to offset their mortgage while building equity through rental income. Conveniently located near Downtown Indianapolis, Fountain Square, Mass Ave, and Irvingto
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Room Information
Has Basement: Yes -
Flooring Information
Construction Materials: Vinyl Siding
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Building Information
Year Built: 1920
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Lot Information
Lot Description: Not Applicable Lot Square Feet: 5009 Lot Acres: 0.12Property Information
Property Type: Residential Income Sub Type: Quadruplex Style: Craftsman, Traditional Structure Type: Quadruplex
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Listing Price Information
Original List Price:$430000
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Tax Information
Tax Lot: 198 Tax Legal Description: Ogle Etal East Park L198 Tax Year: 2024 Parcel Number: 491005209130000101 Tax Exemption: None
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Location Information
Subdivision: A M Ogle Et Al East Park City: Indianapolis Direction: GPS Friendly
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 4919 Young Avenue, Indianapolis, IN, 46201 | $199,000 | -- | -- | -- | |
| 15 N Riley Avenue, Indianapolis, IN, 46201 | $240,000 | -- | -- | -- | |
| 319 N Dequincy Street, Indianapolis, IN, 46201 | $280,000 | -- | -- | -- | |
| 405 Wallace Avenue, Indianapolis, IN, 46201 | $189,900 | -- | -- | -- | |
| Undisclosed Address, Indianapolis, IN, 46201 | $165,000 | -- | -- | -- | |
| 955 N Bosart Avenue, Indianapolis, IN, 46201 | $195,000 | -- | -- | -- | |
| 24 S Euclid Avenue, Indianapolis, IN, 46201 | $120,000 | -- | -- | -- | |
| 6 S Euclid Avenue, Indianapolis, IN, 46201 | $149,900 | -- | -- | -- | |
| 4432 E 10th Street, Indianapolis, IN, 46201 | $130,000 | -- | -- | -- | |
| 4225 E Washington Street, Indianapolis, IN, 46201 | $635,000 | -- | -- | -- |
Similar Multifamily To 29 N Tacoma Avenue
Nearby For Sale
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Based on information submitted to the MLS GRID as of 07/23/2026 @ 18:20. All data is obtained from various sources and may not have been verified by the broker or MLS GRID. 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.
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ByOwner last updated this listing 07/23/2026 @ 18:20
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