$215,000

$1,150Reward *

423 N Holmes Avenue, Indianapolis, IN 46222Listing ID 22111333

423 N Holmes Avenue, Indianapolis, IN 46222

Active

E G Crawford

Time on site: 45 days • Last updated: Jul 16, 2026

Property Type

Residential Income

Property Sub Type

Triplex

Acres

0.13

Days on Site

Year Built

1910

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.

Property Information

Property Details

Location

Address

423 N Holmes Avenue

County

Marion

City

Indianapolis

Zip Code

46222

Subdivision

E G Crawford

School District

Indianapolis Public Schools

MLS Area

4910 - Marion - Center

Interior Features

Other Rooms

Laundry Features

Other

Building

Building Information

Year Built

1910

Construction

Aluminum Siding

Property Taxes

Tax Year

2024

Listing provided by Compass Indiana, LLC, (317) 563-5051

Market Report for 46222

* The market data shown is based on available information from Multiple Listing Service (MLS) and/or public records. Data provided is for informational and educational purposes only and may not represent the full housing market. For more accurate information, consumers should consult a certified appraiser or licensed real estate agent.

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*Average of $2,150 in rewards is calculated based on the purchase or sale of a home between $400,000 to $449,000. The median home price for all housing types is in the United States is $405,400 as of 2025 as reported by the National Association of Realtors® (NAR). The actual reward amount may vary depending on the purchase or sales price of the home. Please see the Lakeview Home Rewards program terms and conditions for more details. The National Association of Realtors® is a registered trademark of the National Association of Realtors®.

Source: MIBOR REALTOR® Association

Based on information submitted to the MLS GRID as of 16 Aug 2026, 05:17 AM UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.

For corrections to this data please contact Brytecore MLS Support.

MBR39344