346 N Summit Street Indianapolis, IN 46201

Building Details

Year built

1920

Number of units

2

Listing Agency Trueblood Real Estate b***@truebloodRE.com Show Phone

North Street Suite 350 8700, Fishers, IN

Listed by Cody Friesz · License #RB21000315 Show Phone

Added: Feb 17 Checked: Jul 17 at 2:06 pm

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MLS# 22083049 Listing URL

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.

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Investment Insights

Based on property information with market context.

This property is a dual 3-bedroom, 1.5-bath duplex. Each unit is currently leased to an agency tenant, with the property generating $3,050 per month in rental income. The duplex layout is designed for separate, self-contained living spaces, offering spacious unit configurations that support ongoing residential use.

Located at 346 N Summit Street in Indianapolis, Indiana (Marion County), the home sits on a 0.08-acre lot. As a duplex, the property provides two rental units under one ownership, which can simplify management compared with owning separate properties.

For buyers seeking a turn-key structure with existing tenants, this duplex offers two units already in place rather than requiring lease-up. The continued use as income-producing residential units is supported by the current occupancy by agency tenants and the stated history of long-term rentals for both units. This makes the property well suited for investors or owner-operators looking for a straightforward duplex asset with established tenant occupancy and recurring monthly income.

Key Highlights

• Dual 3‑bedroom, 1.5‑bath duplex built in 1920
• Both units are currently leased to agency tenants
• $3,050/month immediate rental income from the leased units

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FAQs

What type of property is this?

Duplex - Two leased 3-bedroom units offer immediate rental income in a residential duplex format.

Where is this duplex located?

The property is located at 346 N Summit Street Indianapolis, IN.

What is the asking price?

The asking price for this property is $350,000.

What are key features of this property?

This property features: Dual 3‑bedroom, 1.5‑bath duplex built in 1920; Both units are currently leased to agency tenants; $3,050/month immediate rental income from the leased units