45 Belleview
Indianapolis, IN
$239,999
45 Belleview, Indianapolis, IN 46222
Indianapolis, IN 46222 · Carpenters Home Place
MLS# MBR22115026
Listed 1 day ago
About this home
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 separate 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.
Property Details
- Type
- Multi-Family
- Year Built
- 1924
- Lot Size
- 0.13 acres
- Listed
- 1 day ago
- County
- Marion
- Listing Office
- Greene Realty, LLC
- Listing Agent
- Heather Ludlow
Mortgage Calculator
Estimate principal and interest for this listing.
$48,000
Estimated monthly payment
$1,214/mo
- Principal & interest
- $1,214
- Loan amount
- $191,999
Estimate only — not MLS listing data. Does not include taxes, insurance, or other costs. Rates change daily.
Listed by Greene Realty, LLC with Heather Ludlow. Contact heather@heatherludlow.com.


