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Great opportunity for an investment or build new for your family. This city lot is 2 blocks from Washington Park. Indianapolis has really impoved this area and single dwelling homes are selling in the mid to low $200,000's. The seller has architectual plans for three Townhomes each with 2 bedrooms and 2 baths. Current area rents would generate approximately $1550 a month per unit. Liv in one Townhome and pay for all three with rents from 2. That is an estimated $55,800 in gross receipts.

Property Details of 3222 N Tacoma Avenue

Property Details

Exterior Features

Utilities and Appliances

Community

Listed by Cathy O'Banion of United Real Estate Indpls (obanion.cathy@gmail.com)

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 Based on information submitted to MIBOR as of July 29, 2026 7:06 AM UTC . All data is obtained from various sources and has not been, and will not be, verified by broker or MIBOR.  All information should be independently reviewed and verified for accuracy.  Properties may or may not be listed by the office/agent presenting the information. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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