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45 S Belleview Place

Indianapolis, IN 46222
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Bed 0

Bed

Bath 0

Bath

Acres0.13

Acre(Lot)

Turnkey Investment Opportunity on Indy's Westside! Near Downtown Indianapolis! Don't miss this beautifully updated, income-producing duplex just minutes from downtown Indianapolis, the Indianapolis Zoo, IUPUI, White River State Park, major interstates, shopping, dining, and entertainment. Whether you're looking to expand your investment portfolio or owner-occupy while generating rental income, this well-maintained property offers immediate cash flow and outstanding long-term potential. Both units have been extensively remodeled and are currently configured and used as 2-bedroom, 1-bath units thanks to the finished basement space, offering additional living flexibility beyond the original layout. Each unit features updated interiors, washer and dryer hookups, private rear parking, and separ ate living spaces designed for comfortable everyday living.Major capital improvements have already been completed, including a roof and furnaces that have been replaced within the past four years, providing peace of mind for years to come.The property is fully occupied with reliable, long-term tenants. Unit 45 currently rents for $1,050/month, and Unit 47 rents for $1,100/month, producing $2,150 in monthly rental income ($25,800 annually). Both tenants are on month-to-month leases and have a strong history of consistent, on-time payments. Tenants pay all utilities except water, which is paid by the seller and averages approximately $115 per month for both units combined. Whether you're a seasoned investor or just getting started, this is an excellent opportunity to acquire a well-maintained duplex with immediate income, strong rental history, and a convenient location close to everything Indianapolis has to offer.

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Detail Ic Property Details

Property Type : Residential Income

Price : $239,999

AD Id : 88169510

MLS Id : MBR22115026

Lot Size : 0.13 Acre

Year Built : 1924

County : Marion

Subdivision: Carpenters Home Place

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Feature Features

  • Room Information

    Has Basement: Yes

  • Building Information

    Year Built: 1924

  • Lot Information

    Lot Square Feet: 5445 Lot Acres: 0.13

    Property Information

    Property Type: Residential Income Sub Type: Duplex

  • Listing Price Information

    Original List Price:$239999

  • Tax Information

    Tax Lot: 105 Tax Legal Description: Carpenters Home Place Add L105 Tax Year: 2025 Parcel Number: 491109140049000901

  • Parking Information

    None

  • School Information

    Elementary School: William Penn School 49 Senior High School: George Washington High School
  • Location Information

    Subdivision: Carpenters Home Place City: Indianapolis Direction: GPS Friendly
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ByOwner last updated this listing 07/20/2026 @ 18:20

MLS: MIBOR #22115026 LISTED BY: Heather Ludlow, Greene Realty, LLC 317-370-7869 SOURCE: MIBOR REALTOR® Association (Listings courtesy of MIBOR REALTOR® Association as distributed by MLS GRID)

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