1049 South Tremont Street

Indianapolis IN 46221

4922 sq. ft.

Duplex

Last sold for $253,000

Jayson Velasquez, last sold this property on 31 October 2025 after 86 days on market.

Overview

Turnkey duplex just five minutes from downtown Indianapolis, a perfect opportunity for investors or house hackers alike! This fully renovated property features two updated units: a 2-bedroom, 1-bath unit and a 3-bedroom, 1-bath unit, both with separate entrances, spacious layouts, and modern finishes. Each side is move-in ready and ideal for generating immediate rental income. Whether you choose to live in one unit and rent out the other or add this low-maintenance property to your portfolio, it offers both flexibility and strong financial upside. Located near major highways, restaurants, and downtown amenities, this duplex sits in a high-demand rental area with consistent tenant interest and long-term growth potential.

Features

2 carspaces

2 garage spaces

4922 sq. ft. lot size

Duplex

Estimated Value

Based on this property and similar duplexes sold in Indianapolis over the last 12 months, the estimated median property value of 1049 South Tremont Street is $143.3k.

Median value

$143.3k

Estimated value range

$65k - $253k

Median days on market

Estimated value trend

-33%

decrease over the last 12 months

Average days on market is based on recent, comparable sales in Indianapolis. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 1049 South Tremont Street

2025

Sold

$253,000

31 Oct 2025 by Jayson Velasquez, of Triple E Realty, LLC

2018

Sold

$41,000

16 Apr 2018 by Brenda Outcalt, of Carpenter Realtors - West

Happy sellers in Indianapolis

We have insufficient information to provide an overview of customer satisfaction for Indianapolis. Viewing the agent profiles, reviews and sales for Indianapolis can provide insights for this location.