802 E Raymond St, Indianapolis, IN 46203
Property image
Property image
SOLD
JUN 15, 2026

802 E Raymond St
Indianapolis, IN 46203

Near Southside
  • 1 Bed
  • 1 Bath

$195,000

Last Sold: Jun 15, 2026
2% below list $200K

$195,000

Last Sold: Jun 15, 2026
2% below list $200K
1 Bed
1 Bath

Local Information

  • Map ViewExplore the area around 802 E Raymond St.
  • Schools3 Preschool Schools4 Elementary Schools1 Middle School4 High Schools
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Multi-Family
Year Built
1940
Parking
2 Parking Spaces

About this House

Fantastic investment opportunity for a turnkey property that has been consistently rented for the past 30 years. This exceptionally maintained property features a maintenance-free exterior with siding and windows updated, as well as newer HVAC systems and water heaters. The units offer excellent hardwood floors and ample closet space. All appliances are included in both units including Washers and dryers. One side currently brings in $675 per month with long-term tenants, Pleasant Run side is ready to rent. There is significant potential to increase rent to $900-$1,000 per month, especially given the included 2 car garage parking and off street parking. Additionally, the property includes a full dry basement-confirmed by photos taken after heavy rains-which could easily be converted into another bedroom or living area with the installation of egress windows. Located just steps away from Garfield Park. Just minutes from Downtown, Fountain Square & Bates Hendricks. Also easy near access to I-65. This is an ideal long-term rental for anyone looking to start or expand their portfolio.
802 E Raymond St, Indianapolis, IN 46203 is a 1 bedroom, 1 bathroom multi-family in Near Southside, built in 1940. It last sold for $195,000 on Jun 15, 2026 (2% below the $199,900 asking price). It is currently off market. The Trulia Estimate is $195,600, with a rent estimate of $757/month.

Home Details for 802 E Raymond St

Active Status

MLS Status: Sold

Interior Features

Interior Details
Basement: Full,Storage Space,Unfinished
Beds & Baths
Number of Bedrooms: 1Number of Bathrooms: 1
Heating & Cooling
Heating: Natural GasHas HeatingHeating Fuel: Natural Gas
Levels, Entrance, & Accessibility
Stories: 1Levels: One

Exterior Features

Exterior Home Features
Roof: AsphaltFoundation: Block
Parking & Garage
Number of Garage Spaces: 2Number of Covered Spaces: 2Other Parking: Unit Parking(2 Car Garage)No CarportNo Attached GarageParking Spaces: 2Parking: Detached
Frontage
Road Frontage: Street Cuts

Days on Market

Cumulative Days on Market: 16

Property Information

Year Built
Year Built: 1940
Property Type / Style
Property Type: Residential IncomeProperty Subtype: Multi Family, DuplexStructure Type: DuplexArchitecture: Bungalow,Ranch
Building
Not a New Construction
Property Information
Parcel Number: 491113161006000101

Price & Status

Price
List Price: $199,900
Status Change & Dates
Off Market Date: Thu May 14 2026Possession Timing: Close Of Escrow, Negotiable

Location

Direction & Address
City: IndianapolisCommunity: Hilgemeiers Sub Beatys
School Information
High School District: Indianapolis Public Schools

Lot Information

Lot Area: 5227.2 sqft

Listing Info

Special Conditions: As Is

Miscellaneous

BasementMls Number: 22098366
Last check for updates: about 4 hours ago
Listed by Randy Myers, (317) 408-4877
Indiana Real Estate Alliance,
Bought with: Ali Rahimi, Trueblood Real Estate
Source: MIBOR as distributed by MLS GRID, MLS#22098366

Price History for 802 E Raymond St

DatePriceEventSource
06/15/2026$195,000Sold
MIBOR as distributed by MLS GRID #22098366
05/15/2026$199,900PendingMIBOR as distributed by MLS GRID #22098366
04/30/2026$199,900Listed For SaleMIBOR as distributed by MLS GRID #22098366

Market trends in Indianapolis

Last updated June 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$243K
$9.18KMoM
Sale-to-List Price
99.2%
0.5%MoM
Price per sq ft
$143
$3MoM
Available listings
3885
69MoM
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Property Tax and Assessment

Year2025
Tax$2,200
Assessment$82,800
Home facts updated by county records

Comparable Sales for 802 E Raymond St

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
1517 Wade St, Indianapolis, IN
0.65
Multi-Family Home
$164,000
05/07/26
1
1
-
1546 S Alabama St, Indianapolis, IN
0.68
Multi-Family Home
$182,000
07/17/26
1
1
-
2654 Shelby St, Indianapolis, IN
0.69
Multi-Family Home
$143,500
07/15/26
1
1
-
1845 Barth Ave, Indianapolis, IN
0.44
Multi-Family Home
$295,000
12/19/25
3
1
-
1319 Cruft St, Indianapolis, IN
0.75
Multi-Family Home
$235,000
06/26/26
1
1
-
1201 Finley Ave, Indianapolis, IN
0.50
Multi-Family Home
$320,500
12/19/25
3
1
-
1545 E Legrande Ave, Indianapolis, IN
0.68
Multi-Family Home
$69,900
12/19/25
1
1
-
1210 E Southern Ave, Indianapolis, IN
0.64
Multi-Family Home
$175,000
12/22/25
2
2
-

Nearby homes

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Assigned Schools

These are the assigned schools for 802 E Raymond St.
View nearby schools on GreatSchools
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

Neighborhood Overview

Near Southside
See Local Highlights
Neighborhood stats provided by third party data sources.

What Locals Say about Near Southside

At least 56 Trulia users voted on each feature.

  • 95 % Say there are sidewalks

  • 86 % Say yards are well-kept

  • 81 % Say it's dog friendly

  • 72 % Say car is needed

  • 67 % Say kids play outside

  • 65 % Say it's walkable to restaurants

  • 65 % Say parking is easy

  • 64 % Say streets are well-lit

  • 63 % Say there's holiday spirit

  • 59 % Say neighbors are friendly

  • 59 % Say there's wildlife

  • 48 % Say people would walk alone at night

  • 43 % Say they plan to stay for at least 5 years

  • 41 % Say it's walkable to grocery stores

  • 41 % Say it's quiet

  • 39 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • Trulia User
    "everything makes our neighborhood feel special i love it i have 4 children and we always have fun and educational things to do around tge neighborhood!!"
    0
    Flag
  • Trulia User
    "lived here my entire childhood and so far adult life. I love it I feel safe and the neighbors are nice it's just so cozy"
    2
    Flag
  • Trulia User
    "put your dog on a leash and watch them. lost of stray amimals around here. other than that decent place to live"
    0
    Flag
  • Trulia User
    "Everyone is pleasant. You see families and couples walking their pets and enjoying where they live. Some people don’t even drive their vehicles to places they normally walk. "
    2
    Flag
  • Madamwendell
    "I do see owners walking their dogs all of the time, they are always on leash and well behaved. We seem to have loose dogs that get reported and returned to their home daily. "
    1
    Flag
  • Lilky_mullins
    "It’s great! Some people suck but mostly good people around here. Narrow streets. Some local traffic "
    2
    Flag
  • Cori D.
    "The wonderful atmosphere in the little neighborhoods tucked away from the busy streets. The neighbors are sweet and very friendly and I feel safe living here. "
    14
    Flag
  • Lilky_mullins
    "Lots of other dogs. although, some of them get loose and roam the neighborhood. Occasional dog poop on the sidewalks "
    0
    Flag
  • twiyakaska
    "you see people walking their dogs all the time around here. and we have the trails they can take their dogs walking on."
    0
    Flag
  • Alyssa K.
    "The neighborhood was dangerous. Cops down our street all the time. Cars broken into. Homeless people all around."
    38
    Flag
  • dustinfriesen
    "Lots of young families continually moving to this changing neighborhood. Unusually strong community values for long-time residents & new ones alike."
    0
    Flag
  • Jillpug
    "It's just really close to downtown and very up and coming. It is scenic & very close to churches, bars, & the YMCA. ok....."
    2
    Flag
  • Anisha T.
    "Parents, it is safe for kids typically during daylight but after dark it is fairly sketchy. Just watch your kids and u should be good! "
    1
    Flag
  • Robertwallace958
    "plenty of places to walk them, alot of fenced in yards, close to downtown, friendly and see the Lucas Oil Stadium "
    1
    Flag
  • Soccerakw
    "Great location! super convenient to downtown and freeways and walking distance to all the culture of Fountain Square. Yes there are some sketchier areas or streets and more than average car break-ins especially during the summer...but Bates Hendricks is one of the best places to live in Indiana. it's not boring."
    2
    Flag

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Homes for sale near 802 E Raymond St

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Off Market Homes Near 802 E Raymond St

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Based on information submitted to the MLS GRID as of 2026-08-03 23:52:52 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