127 S Belmont Ave

Indianapolis, IN 46222

$94,900
Price
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Beds
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Baths
—Sq. Ft.
— / Sq. Ft.
—
Sq. Ft.
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per Sq. Ft.

Description

We have a great investment opportunity here with this duplex! The location is walking distance to Washington St and shopping and bus lines. The duplex features 2 bedrooms per side. It has a nice covered porch for cool evenings. There is also ample parking behind the units with alley access. Come and see this and envision the cash flow possibilities. Renovations will make this property shine again! The lower levels have separate living, dining, and kitchen areas with 2 bedrooms upstairs.We have a great investment opportunity here with this duplex! The location is walking distance to Washington St and shopping and bus lines. The duplex features 2 bedrooms per side. It has a nice covered porch for cool evenings. There is also ample parking behind the units with alley access. Come and see this and envision the cash flow possibilities. Renovations will make this property shine again! The lower levels have separate living, dining, and kitchen areas with 2 bedrooms upstairs.
  1. Listed by Kurt Clements • Diverse Property Solutions Ind • [email protected]

Property Details for 127 South Belmont Avenue

Architectural Style
TraditonalAmerican
Subdivision Name
No Subdivision
Township
Center
LISTING UPDATED: 05/17/2025 06:45 PM

Property Details for 127 South Belmont Avenue

StatusActive
MLS #22039123
Days on Market5
Taxes$1,084 semi-annually
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Duplex
Year Built1920
Lot Size0.00 AC / 0 SF
CountyMarion County

Building Information for 127 South Belmont Avenue

Stories-Residences2Year Built1920Building Size-Lot Size0.00 AC / 0 SF

Property Information for 127 South Belmont Avenue

Summary
Location and General Information
  • City: Indianapolis
  • County Or Parish: Marion
  • Directions: GPS Friendly
  • Postal Code: 46222
  • Postal Code Plus4: 4207
  • Road Access: Access Rd
  • Road Frontage Type: City Street
  • State Or Province: IN
Taxes and HOA Information
  • Parcel Number: 491110138011000101
  • Semi Annual Property Tax Amt: 1084
  • Tax Year: 2024
  • TaxLot: 0
School Information
  • School District: Indianapolis Public Schools
Property
Lot Information
  • Acreage: <1/4 Acre
  • Current Use: Vacant
  • Lot Description: Sidewalks
  • Lot Size Acres: 0.0
  • New Construction: False
  • Possible Use: Residential
  • Structure Type: Duplex
  • Year Built Numeric: 1920
  • Living Area Source: Assessor
Property and Assessments
  • Affected by Disclosures: Yes
  • Conversion: No
  • DPRYN: Yes
  • Legal Subdivision: 127 S Belmont Ave Condominiums Unit A
  • Photos Count: 12
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Road Surface Type: Asphalt
  • Transaction Type: Sale
  • Property Condition: Fixer
Green Features
  • Green Certification: No
Utilities
  • Solid Waste: Yes
Interior and Exterior Features
Exterior Features
  • Foundation Details: Block
  • Roof: Asphalt
Interior Features
  • Basement Description: Partial, Unfinished
  • Basement YN: Yes
  • Cooling: None
  • Heating: Forced Air, Natural Gas
  • Levels: Two
  • Multi Baths: 2
  • Multi Beds: 4
Multi Family
Multi-Family Information
  • Total Units: 2
  • Garage Parking: Parking Lot
Income & Expenses
  • Expenses: 0
  • Gross Income: $.00
Unit 1
  • Unit Kitchen: 120
  • Unit Levels: 2
  • Unit Rent Frequency: Monthly
  • Unit Type Type: 2 Bedroom

Property History for 127 South Belmont Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 127 South Belmont Avenue

Taxable ValueLand$1,400Additions$44,300Total$45,700
Tax Record2024$1,084 ($90 / month)
Home Facts
Beds0Total Finished SqFt1,024 SqFtAbove Grade Finished SqFt1,024 SqFtStyleCondominiumYear Built1920ZoningZO01CountyMARIONAPN49-11-10-138-011.000-101Fireplace TypeHas Fireplace

Schools near 127 South Belmont Avenue

This home is within Indianapolis Public Schools.
Rating
School
Type
Grades
Distance
Public - PK to 6
Public - PK to 6
Public - PK to 6
Public - PK to 8
Rating
School
Distance
William McKinley School 39
PublicPK to 6

Eleanor Skillen Elementary School 34
PublicPK to 6

Ralph Waldo Emerson School 58
PublicPK to 6

William Penn School 49
PublicPK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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127 South Belmont Avenue is a multi-family home for sale in Indianapolis, IN 46222. This property was listed for sale on May 14, 2025 by Diverse Property Solutions Ind, it's currently listed at $94,900. It has been on the market for a total of 5 days and was last sold on February 3, 2022. This listing's school district is Indianapolis Public Schools. Nearby schools include William McKinley School 39, Eleanor Skillen Elementary School 34 and Ralph Waldo Emerson School 58. 127 South Belmont Avenue is a 0-bed, 0-bath, multi-family home built in 1920.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Diverse Property Solutions Ind

Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 05/19/2025 02:21 PM. All data is obtained from various sources and may not have been verified by broker orMLS GRID. Supplied Open House Information is subject to change without notice. All informationshould be independently reviewed and verified for accuracy. Properties may or may not be listed bythe office/agent presenting the information.

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