SELLER FINANCING available on this turnkey duplex! Desired terms: 6% interest, 5 year balloon, down payment of $130,000. Monthly payments with buyer to pay taxes/insurance separately. Open to lower rate with higher purchase price, and vice versa. Duplex was completely renovated inside & out in 2022! 313 side is leased for $950 on a month to month lease with 60 days notice to vacate. 311 side is currently vacant. Tenants pay gas and electric (metered separately) and owner pays water/sewer bill (metered together) which averages $85 a month when both sides are occupied. First floor laundry connections in each unit. Photos courtesy of current property management company.
Active
$250,000
311 Eastern Ave, Indianapolis, IN 46201
4beds
2baths
--sqft
Est.:
Multi Family, Duplex
Built in 1900
-- sqft lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
First floor laundry connections
- 55 days
- on Zillow |
- 438 |
- 41 |
Zillow last checked: 7 hours ago
Listing updated: March 31, 2025 at 07:13pm
Listing Provided by:
Emily Huskey emilyhuskey@kw.com,
Keller Williams Indy Metro S
Source: MIBOR as distributed by MLS GRID,MLS#: 22025249

Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Main level bathrooms: 4
Heating
- Forced Air
Cooling
- Central Air
Appliances
- Laundry: Other
Features
- Has basement: Yes
Property
Parking
- Details: Unit Parking(Other)
Features
- Levels: One and One Half
- Stories: 1
Lot
- Size: 3,049.2 Square Feet
- Features: Other
Details
- Parcel number: 491005121019001101
- Special conditions: As Is
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Other
- Property subtype: Multi Family, Duplex
- Attached to another structure: Yes
Materials
- Other
Condition
- New construction: No
- Year built: 1900
Community & HOA
Community
- Subdivision: Gills Eastern Place
Location
- Region: Indianapolis
Financial & listing details
- Tax assessed value: $242,200
- Annual tax amount: $3,256
- Date on market: 3/14/2025
- Tenant pays: Electricity, Gas, Insurance
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