423 N Holmes Ave

Indianapolis IN 46222

0.13 ac.

Duplex

Last sold for $206,000

Hayley Wild, last sold this property on 01 September 2026 after 60 days on market.

Overview

Completely renovated just three years ago, this triplex offers an excellent investment opportunity with major updates already completed, including new drywall in many areas, fresh interior and exterior paint, updated flooring throughout, newer plumbing and electrical fixtures, updated cabinetry, newer appliances, and beautifully renovated bathrooms featuring new ceramic tile finishes. Conveniently located near downtown Indianapolis and Eskenazi Hospital, the property offers strong rental demand and income potential with market rents estimated at $1,100 per month for Units A and B and $750 per month for Unit C. This property consists of 2 two bedroom units, and 1 one bedroom unit. The property is currently vacant, providing the opportunity for an owner-occupant or investor to lease the units at market rents from day one and maximize returns.

Features

0.13 ac. 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 423 N Holmes Ave is $149.38k.

Median value

$149.38k

Estimated value range

$59.9k - $232k

Median days on market

Estimated value trend

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 423 N Holmes Ave

2026

Sold

$206,000

01 Sep 2026 by Hayley Wild, of Compass Indiana, LLC

2022

Sold

$80,000

12 Aug 2022 by Stephanie Rainbolt, of Keller Williams Indy Metro NE

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.