616 Eastern Ave
Indianapolis, IN 46201
Near Eastside- 6 Beds
- 2 Baths
6 Beds
2 Baths
Local Information
© Google
-- mins to
Description
Discover this well-maintained duplex on the east side, featuring solid long-term tenants and a fantastic investment opportunity. This property offers stability and a steady income stream, making it a perfect addition to any investment portfolio. Unit 1: Rented at $998/month Unit 2: Rented at $765/month (under market value, offering potential for rent increase). Tenants pay all utilities, ensuring low operational costs for the owner. Long-Term Tenants! Enjoy the peace of mind that comes with reliable, long-term tenants who care for the property. Nicely Kept Duplex:The property is well-maintained, reflecting the pride of both the owner and tenants. The interiors are clean and in good condition, minimizing the need for immediate repairs or renovations. This duplex is not just a property; it's a smart investment. The tenants pay all utilities, making it a hassle-free investment for the new owner. Potential for Growth:With one unit rented below market value, there is an opportunity to increase the rent and maximize your return on investment. Don't miss out on this fantastic opportunity to own a well-kept duplex with solid, long-term tenants.
This property is off market, which means it's not currently listed for sale or rent on Trulia. This may be different from what's available on other websites or public sources. This description is from August 09, 2024
Home Highlights
Parking
No Info
Outdoor
No Info
A/C
Has Cooling
HOA
None
Price/Sqft
No Info
Listed
180+ days ago
Home Details for 616 Eastern Ave
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MLS Status: Sold |
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Beds & Baths Number of Bedrooms: 6Number of Bathrooms: 2 |
Heating & Cooling Has Cooling |
Levels, Entrance, & Accessibility Stories: 2Levels: Two |
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Frontage Road Frontage: Not Applic |
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Cumulative Days on Market: 4 |
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Year Built Year Built: 1920 |
Property Type / Style Property Type: Residential IncomeProperty Subtype: Multi Family, Duplex |
Building Not a New Construction |
Property Information Parcel Number: 491005132013000101 |
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Price List Price: $250,000 |
Status Change & Dates Off Market Date: Tue Jun 11 2024Possession Timing: Close Of Escrow |
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Direction & Address City: IndianapolisCommunity: Hogate & Kings Rural St |
School Information High School District: Indianapolis Public Schools |
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Lot Area: 6098.4 sqft |
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BasementMls Number: 21984000 |
Last check for updates: about 15 hours ago
Listed by Tasheana Hanza
Hanza Realty, LLC
Bought with: Michelle Anderson, Bold Realty LLC
Source: MIBOR as distributed by MLS GRID, MLS#21984000

Price History for 616 Eastern Ave
| Date | Price | Event | Source |
|---|---|---|---|
| 08/08/2024 | $230,000 | Sold | MIBOR as distributed by MLS GRID #21984000 |
| 06/12/2024 | $250,000 | Pending | MIBOR as distributed by MLS GRID #21984000 |
| 06/08/2024 | $250,000 | Listed For Sale | MIBOR as distributed by MLS GRID #21984000 |
| 11/08/2022 | ListingRemoved | Zillow Rental Manager | |
| 10/27/2022 | $950 | Listed For Rent | Zillow Rental Manager |
| 03/05/2020 | $750 | ListingRemoved | Agent Provided |
| 02/15/2020 | $750 | PriceChange | Agent Provided |
| 01/25/2020 | $700 | Listed For Rent | Agent Provided |
| 02/12/2016 | $52,000 | Sold | N/A |
| 11/20/2015 | $55,000 | Sold | N/A |
| 09/17/2013 | $17,500 | ListingRemoved | Agent Provided |
| 08/20/2013 | $17,500 | PriceChange | Agent Provided |
| 07/23/2013 | $19,500 | Listed For Sale | Agent Provided |
| 04/25/2008 | $19,000 | Sold | MIBOR as distributed by MLS GRID #2808851 |
Property Tax and Assessment
| Year | 2025 |
|---|---|
| Tax | $4,098 |
| Assessment | $212,700 |
Home facts updated by county records
Comparable Sales for 616 Eastern Ave
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.09 | Multi-Family Home | $239,000 | 06/30/25 | 6 | 2 | - | |
0.27 | Multi-Family Home | $220,000 | 12/19/25 | 6 | 2 | - | |
0.35 | Multi-Family Home | $225,000 | 02/25/26 | 6 | 2 | - | |
0.39 | Multi-Family Home | $185,000 | 10/09/25 | 6 | 2 | - | |
0.14 | Multi-Family Home | $229,000 | 04/17/26 | 2 | 2 | - | |
0.32 | Multi-Family Home | $169,000 | 06/10/25 | 4 | 2 | - | |
0.28 | Multi-Family Home | $260,000 | 02/06/26 | 3 | 2 | - | |
0.07 | Multi-Family Home | $415,000 | 09/04/25 | 4 | 4 | - | |
0.55 | Multi-Family Home | $232,500 | 05/07/26 | 6 | 2 | - | |
0.38 | Multi-Family Home | $270,000 | 05/15/26 | 4 | 2 | - |
Assigned Schools
These are the assigned schools for 616 Eastern Ave.
What Locals Say about Near Eastside
At least 258 Trulia users voted on each feature.
88 % Say there are sidewalks
86 % Say yards are well-kept
77 % Say parking is easy
76 % Say it's dog friendly
74 % Say car is needed
71 % Say kids play outside
65 % Say there's holiday spirit
54 % Say it's walkable to restaurants
54 % Say neighbors are friendly
50 % Say it's walkable to grocery stores
47 % Say they plan to stay for at least 5 years
41 % Say there's wildlife
40 % Say streets are well-lit
38 % Say there are community events
35 % Say it's quiet
29 % Say people would walk alone at night
Learn more about our methodology.
LGBTQ Local Legal Protections
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Apartments for Rent
Homes for sale near 616 Eastern Ave

Based on information submitted to the MLS GRID as of 2026-05-15 23:33:09 PDT. All data is obtained from various sources and may not have been verified by 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. Some IDX listings have been excluded from this website. Click here for more information
Homes for rent near 616 Eastern Ave
Off Market Homes Near 616 Eastern Ave
Explore by feature
616 Eastern Ave, Indianapolis, IN 46201 is a 6 bedroom, 2 bathroom multi-family built in 1920. 616 Eastern Ave is located in Near Eastside, Indianapolis. This property is not currently available for sale. 616 Eastern Ave was last sold on Aug 8, 2024 for $230,000 (8% lower than the asking price of $250,000). The current Trulia Estimate for 616 Eastern Ave is $257,500.

