Fully rented and cash-flowing, this turnkey duplex in the heart of Irvington brings in $1,250/month with long-term tenants in place through 11/30/2025. Both units are leased at $625/month, offering reliable income with potential for future rent growth. Located just steps from ALDI, Starbucks, Jockamo Pizza, and Lincoln Square Pancake House, the property sits in a highly walkable area with strong tenant demand. With nearby Irvington Community Schools and convenient public transit access, this is a low-maintenance investment in one of Indy's most desirable rental corridors-ideal for both new and seasoned investors looking to expand their portfolio.
Sold
Zestimate®
$145,000
45-47 N Catherwood Ave, Indianapolis, IN 46219
2beds
2baths
--sqft
Multi Family, Duplex
Built in 1942
-- sqft lot
$145,000 Zestimate®
$--/sqft
$1,496 Estimated rent
Owner options
What's special
Zillow last checked: 8 hours ago
Listing updated: October 29, 2025 at 03:04pm
Listing Provided by:
Max Moore 317-476-3338,
@properties,
Kyle Hoffman,
@properties
Bought with:
Batch Ceesay
@properties
Source: MIBOR as distributed by MLS GRID,MLS#: 22049500
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
Appliances
- Laundry: Connections All
Property
Parking
- Total spaces: 2
- Parking features: Garage
- Garage spaces: 2
- Details: Unit Parking(2 Car Garage, On Street)
Lot
- Size: 6,098 sqft
- Features: Access
Details
- Parcel number: 491002109045000701
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Bungalow
- Property subtype: Multi Family, Duplex
Materials
- Aluminum Siding
Condition
- New construction: No
- Year built: 1942
Community & neighborhood
Security
- Security features: Smoke Detector(s)
Location
- Region: Indianapolis
- Subdivision: Kuhns Eastern
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Estimated market value
$145,000