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    2623 Guilford Ave Indianapolis, IN 46205

    Pending
    For Sale
    $450,000

    Duplex - Indianapolis, IN

    Type:Duplex
    Lot size:
    0.14 Acres
    Days on Market:
    37
    Last Refresh:
    Dec 6 at 8:06 am

    Property Features for 2623 Guilford Ave

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Duplex
    Standard status
    Pending
    Security features
    Smoke Detector(s)
    Rooms
    Basement
    APN
    490625173104000101
    Basement Y/N
    1
    Lot size
    0.14 Acres

    Utilities

    Heating system
    Natural Gas
    Cooling system
    Central Air, Separate Meters

    Building Details

    Year built
    1900
    Number of units
    2
    Roof type
    Shingle
    Architectural style
    Other

    Keller Williams Indy South (317) 882-5900 [email protected]

    Listing agent Denis O'Brien (317) 882-5900 License #RB14047311

    Listing date Oct 31, 2025

    MLS# 22040297 Listing URL

    Copyright © 2025 MIBOR Service Corporation. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Renovated Duplex in Downtown Indianapolis

    This is a fully renovated duplex located in downtown Indianapolis. The property is an income-generating property with tenants already in place. One tenant lease is ending, presenting a house hacking opportunity. The low-maintenance property is suitable for both first-time buyers and seasoned investors. Each unit is fully furnished and features modern kitchens with updated appliances, stylish finishes, and thoughtfully designed interiors that combine comfort and functionality. In-unit laundry and off-street parking are included. The property is positioned in a high-demand rental area, minutes from major employers, public transit, top restaurants, entertainment, and attractions. The property is located in Indianapolis, Indiana, with a lot size of 0.14 acres.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Indianapolis
    County
    Hamilton
    State
    Indiana
    Longitude
    -86.141676
    Latitude
    39.804952

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    FAQs

    What type of property is this?
    Duplex - Income-generating duplex in downtown Indianapolis with dependable tenants.
    Where is this duplex located?
    The property is located at 2623 Guilford Ave Indianapolis, IN.
    What is the asking price?
    The asking price for this property is $450,000.
    What are key features of this property?
    This property features: - Fully renovated, income-generating duplex in downtown Indianapolis with existing tenants.; - Turnkey property with immediate cash flow potential, ideal for investors or owner-occupiers.; - Each unit is **fully furnished with modern kitchens, updated appliances, and stylish finishes.**
    (317) 882-5900
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    Indianapolis, IN 46205
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2623 Guilford Ave Indianapolis, IN 46205
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