1133 S Richland Street
Indianapolis, IN 46221
Map
- – beds
- – baths
- – sqft
- 6,011 sqft lot
- 2004 build
Cash-Flowing Duplex Near Downtown Indianapolis Don't miss this rare opportunity to own a well-maintained 5-bedroom duplex on the Near West Side just minutes from downtown! Whether you're an investor or an owner-occupant, live in one unit and rent the other for income and upside in a fast-growing market. Each unit offers over 1,000 square feet of living space: 1135 S Richland: A fully renovated 3 bed, 1 bath unit-top-to-bottom rehabbed and move-in ready. Listed this week at $1,175/month.1133 S Richland: A 2 bed, 1 bath unit remodeled within the past three years. Currently tenant-occupied at $975/month through 2026.Live in one, lease the other, or rent both for strong cash flow in an area with high rental demand. This property offers immediate income and long-term appreciation potential.
Last checked:
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Last updated Jul 19, 2025
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MLS# 22051638 —
The Building
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Year Built:2004
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New Construction:false
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Construction Materials:Vinyl Siding
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Architectural Style:Traditional
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Levels:One and One Half
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Security Features:Smoke Alarm
Interior
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Laundry Features:Connections Some
Location
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Directions:GPS Friendly
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Latitude:39.752103
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Longitude:-86.190994
The Property
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View:true
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Property Type:Residential Income
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Property Subtype:Duplex
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Parcel Number:491110111027000101
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Acres:<1/4 Acre
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Lot Features:Access, Curbs, Sidewalks
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Lot Size Acres:0.14
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Lot Size SqFt:6,011 Sqft
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Price Per Acre:1463571
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Current Use:Residential
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Road Access:Access Rd
Listing Agent
- Contact info:
- Agent phone:
- (317) 993-1011
- Office phone:
- (317) 210-3637
Taxes
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Tax Lot:328
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Tax Year:2024
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Semi Annual Property Tax Amt:1686
Utilities
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Building Utilities:Municipal Storm Connected
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Solid Waste:Yes
Schools
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High School District:Indianapolis Public Schools
The Community
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Subdivision Name:Kuhn & Johnsons
Parking
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Parking:On Street
Extra Units
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# of Units Total:2
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Max Internet Speed
Provided by BroadbandNow®
This is the maximum advertised internet speed available for this home. Under 10 Mbps is in the slower range, and anything above 30 Mbps is considered fast. For heavier internet users, some plans allow for more than 100 Mbps.
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
7/18/25
Jul 18, 2025
|
Listed / Active | MIBOR | $204,900 | 78.2% (21.4% / YR) |
|
11/22/21
Nov 22, 2021
|
MIBOR | $115,000 | 15.0% | |
|
10/9/21
Oct 9, 2021
|
MIBOR | $100,000 |
