2030 E Maryland Street Indianapolis, IN 46201
MULTI_FAMILY - Craftsman - Indianapolis, IN
Property Features for 2030 E Maryland Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Parking features
- Alley
- Standard status
- Active
- APN
- 491007196074000101
- Lot size
- 0.28 Acres
Taxes and HOA fees
- Tax Year
- 2024
- Tax Description
- Parkside Add L29 Thru L31
Utilities
- Heating system
- Electric (Heating)
- Cooling system
- Central Air
Building Details
- Year built
- 2025
- Floors in Building
- 2
- Number of units
- 2
- Architectural style
- Craftsman
Listing agent Lidia Casimiro Murrieta License #RB23001607 (317) 564-7100
Listing office Keller Williams Indy Metro NE River Rd Ste 200 8555, Indianapolis, IN (317) 564-7100
Listing date May 11, 2026
Copyright © 2026 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.
Investment Insights
Based on property information with market context.
The duplex is located at 2030 E Maryland Street in Indianapolis, near downtown. The exterior is configured for tenant convenience and owner ease, including separate entrances for each unit and off-street rear parking.
From an operational standpoint, the property is set up to simplify management and billing: each unit has its own electric meter, and each includes an exterior HVAC unit. A 10-year structural warranty is provided and backed through 2-10 Home Warranty. For investors seeking a nearly new, turn-key rental structure, or owner-occupants considering house-hacking, the combination of separate utilities, practical layouts, and minimal-exterior work requirements supports straightforward day-to-day use.
Key Highlights
- Built in 2025 modern duplex with each unit featuring 3 bedrooms and 2 full bathrooms
- Each unit has approximately 1,250 sq. ft. with an open‑concept kitchen and living area layout
- Separate entrances and separate electric meters for each unit
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $40.5k | $16.20 |
| − Vacancy | −$2.8k | −$1.12 |
| EGI | $37.7k | $15.08 |
| − OpEx | −$11.3k | −$4.52 |
| NOI | $26.4k | $10.55 |
