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Closed - Multi Family
31 N Walcott St, Indianapolis, IN 46201
Facts & features
Why you’ll love it
This property has been sold with Beycome on June 13, 2025.
- Renovated
- Garage
Outstanding duplex investment opportunity at 31 & 33 N Walcott St, Indianapolis, IN 46201—positioned just minutes from Downtown, the Monon Trail, and the Bottleworks District. This side-by-side duplex features two units, each offering 2 bedrooms and 1 full bathroom, with a combined 2,052 sq ft of living space on a 5,489 sq ft lot. Unit 31 N is in good, rent-ready condition with updated LVP flooring, modern drywall, a functional kitchen and bath, and all major systems (plumbing, electrical) operational. The water heater is approx. 4–5 years old. The unit was previously rented and has been vacant for only 3 months. Unit 33 N is a blank slate—fully gutted to the studs and ready for renovation. Over $15,000 has already been invested into structural foundation improvements (applies to both sides). Additional features include vinyl siding, a partial basement, separately metered units, and central air system setup (though HVAC units are missing). The roof has no active leaks but likely needs replacement. Street parking only, no garage, and no HOA. Property taxes were just $749 in 2023. This property is a solid value-add play for BRRRR investors or savvy landlords looking for passive income in the 46201 zip code. Priced at just $139,000.
Listed by: Steven Koleno • (804) 656-5007 • Beycome Brokerage Realty LLC
Co-listed by: Beycome Brokerage Realty LLC
Source: Beycome, MLS#: 17044344
Based on information as of Sep 02, 2026 at 08:10am EDT.
Affordability
$711/mo
- Mortgage$648
- Property tax$62
- HOA fee
- Homeowners insurance
Beycome estimates only. Actual amounts and terms vary by lender and location.
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Disclaimer
No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements. 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. Copyright Beycome ©2026. Based on information as of Sep 02, 2026 at 08:10am EDT.
