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$229,000

45 S Belleview Place, Indianapolis IN, 46222

Price per sqftN/A
Built in1924
Property typeMulti-family
Courtesy of Greene Realty, LLC, Heather Ludlow Listing Contact:

Overview

Active

Listed Jul 18, 2026

Updated 2 days ago

Turnkey Investment Opportunity on Indy's Westside! Near Downtown Indianapolis! Don't miss this beautifully updated, income-producing duplex just minutes from downtown Indianapolis, the Indianapolis Zoo, IUPUI, White River State Park, major interstates, shopping, dining, and entertainment. Whether you're looking to expand your investment portfolio or owner-occupy while generating rental income, this well-maintained property offers immediate cash flow and outstanding long-term potential. Both units have been extensively remodeled and are currently configured and used as 2-bedroom, 1-bath units thanks to the finished basement space, offering additional living flexibility beyond the original layout. Each unit features updated interiors, washer and dryer hookups, private rear parking, and separate living spaces designed for comfortable everyday living.Major capital improvements have already been completed, including a roof and furnaces that have been replaced within the past four years, providing peace of mind for years to come.The property is fully occupied with reliable, long-term tenants. Unit 45 currently rents for $1,050/month, and Unit 47 rents for $1,100/month, producing $2,150 in monthly rental income ($25,800 annually). Both tenants are on month-to-month leases and have a strong history of consistent, on-time payments. Tenants pay all utilities except water, which is paid by the seller and averages approximately $115 per month for both units combined. Whether you're a seasoned investor or just getting started, this is an excellent opportunity to acquire a well-maintained duplex with immediate income, strong rental history, and a convenient location close to everything Indianapolis has to offer.

$1,524/mo

Est. mortgage payment based on a $229,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
22115026

Interior Features

Basement
Yes

Exterior Features

Lot Size
0.13 Acres

Listings courtesy of MIBOR Broker Listing Cooperative® as distributed by MLS GRID

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Sue Pfohl shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Properties displayed may be listed or sold by various participants in the MLS.

Based on information submitted to the MLS GRID as of 4:34 AM UTC on 10/8/2026. 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.

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