1445 W Lee St

Indianapolis, IN 46221

$149,999
Price
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Beds
—
Baths
—Sq. Ft.
— / Sq. Ft.
—
Sq. Ft.
—
per Sq. Ft.

Description

Calling all investors! This fully occupied duplex offers great cash flow potential with two units, each featuring 2 bedrooms, 1 bath, and a detached 1-car garage. Tenants are already in place, providing immediate income from day one. Conveniently located near local amenities, shopping, dining, and major highways, this property is perfect for any investor looking to expand their portfolio. Don't miss out!Calling all investors! This fully occupied duplex offers great cash flow potential with two units, each featuring 2 bedrooms, 1 bath, and a detached 1-car garage. Tenants are already in place, providing immediate income from day one. Conveniently located near local amenities, shopping, dining, and major highways, this property is perfect for any investor looking to expand their portfolio. Don't miss out!

Property Details for 1445 West Lee Street

Subdivision Name
Parker & Hanways Southwest
Township
Center
LISTING UPDATED: 12/12/2025 01:00 PM

Property Details for 1445 West Lee Street

StatusActive
MLS #22070564
Days on Market70
Taxes$1,608 semi-annually
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Duplex
Year Built1920
Lot Size0.13 AC / 5,662 SF
CountyMarion County

Location

Listing Courtesy of Triple E Realty, LLC
Add your commute

Building Information for 1445 West Lee Street

Stories-Residences2Year Built1920Building Size-Lot Size0.13 AC / 5,662 SF

Payment Calculator

$999 per month

30 year fixed, 6.15% Interest

Principal and Interest

$731

Property Taxes

$268

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1445 West Lee Street

Summary
Location and General Information
  • City: Indianapolis
  • County Or Parish: Marion
  • Directions: GPS Friendly
  • Postal Code: 46221
  • Postal Code Plus4: 1523
  • Road Access: Not Applic
  • State Or Province: IN
Taxes and HOA Information
  • Parcel Number: 491115132011000101
  • Semi Annual Property Tax Amt: 1608
  • Tax Year: 2024
  • TaxLot: 54
School Information
  • School District: Indianapolis Public Schools
Owner
  • Owner Pays: Taxes
Parking
  • Garage Spaces: 2.0
Property
Lot Information
  • Acreage: <1/4 Acre
  • Current Use: Residential
  • Lot Size Square Feet: 5706.0
  • Lot Size Acres: 0.13
  • New Construction: False
  • Year Built Numeric: 1920
  • Living Area Source: Assessor
Property and Assessments
  • Affected by Disclosures: No
  • Conversion: No
  • DPRYN: Yes
  • Legal Subdivision: Parker & Hanways South West Add L54
  • Photos Count: 30
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Transaction Type: Sale
Utilities
  • Solid Waste: Yes
Interior and Exterior Features
Interior Features
  • Cooling: Central Air
  • Heating: Natural Gas
  • Levels: Two
Multi Family
Multi-Family Information
  • Total Units: 2
  • Garage Parking: 2 Car Garage
Income & Expenses
  • Expenses: 0
  • Gross Income: $1,600.00
Unit 1
  • Unit Kitchen: 12x12
  • Unit Levels: 2
  • Unit Rent Frequency: Monthly
Unit 2
  • Unit Kitchen: 12x12
  • Unit Levels: 2
  • Unit Rent Frequency: Monthly
Rental
Rental Information
  • Tenant Pays: Electricity, Gas, Sewer, Water

Property History for 1445 West Lee Street

DateEvent & SourcePriceAppreciation
Dec 12, 2025

Price Change

MIBORMLS #22070564

$149,999—
Nov 6, 2025

Listed (Active)

MIBORMLS #22070564

$160,000—
Sep 5, 2025

Expired

MIBORMLS #22026282

—
Apr 28, 2025

Price Change

MIBORMLS #22026282

$149,900—
Apr 8, 2025

Price Change

MIBORMLS #22026282

$154,000—
Mar 12, 2025

Listed (Active)

MIBORMLS #22026282

$158,000—
Jan 5, 2022

Sold (Public Record)

Public Record #1511954245

$100,000—
Jan 5, 2022

Sold (Public Record)

Public Record #1510545041

$100,000

+13.4% / yr

Nov 16, 2017

Sold (Public Record)

Public Record #610945388

$59,500—
Oct 18, 2017

Sold (Public Record)

Public Record #608285320

$33,500

-0.4% / yr

Feb 11, 2014

Sold (Public Record)

Public Record #418510356

$34,000—
DateEvent & SourcePrice
12/12/2025

Price Change

MIBORMLS #22070564

$149,999
11/06/2025

Listed (Active)

MIBORMLS #22070564

$160,000
09/05/2025

Expired

MIBORMLS #22026282

—
04/28/2025

Price Change

MIBORMLS #22026282

$149,900
04/08/2025

Price Change

MIBORMLS #22026282

$154,000
03/12/2025

Listed (Active)

MIBORMLS #22026282

$158,000
01/05/2022

Sold (Public Record)

Public Record #1511954245

$100,000
01/05/2022

Sold (Public Record)

Public Record #1510545041

$100,000

+13.4% / yr

11/16/2017

Sold (Public Record)

Public Record #610945388

$59,500
10/18/2017

Sold (Public Record)

Public Record #608285320

$33,500

-0.4% / yr

02/11/2014

Sold (Public Record)

Public Record #418510356

$34,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1445 West Lee Street

Taxable ValueLand$4,000Additions$131,500Total$135,500
Tax Record2024$3,215 ($268 / month)
Home Facts
Total Finished SqFt1,120 SqFtAbove Grade Finished SqFt1,120 SqFtStories2Lot Size5,706 SqFtStyleMulti-Family Dwelling (2-4)Year Built1920CountyMARIONAPN49-11-15-132-011.000-101

Schools near 1445 West Lee Street

This home is within Indianapolis Public Schools.
Rating
School
Type
Grades
Distance
Eleanor Skillen Elementary School 34
Public - PK to 6
William McKinley School 39
Public - PK to 6
Christian Park School 82
Public - PK to 6
Daniel Webster School 46
Public - PK to 8
Rating
School
Distance
Eleanor Skillen Elementary School 34
PublicPK to 6

William McKinley School 39
PublicPK to 6

Christian Park School 82
PublicPK to 6

Daniel Webster School 46
PublicPK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 1445 West Lee Street, Indianapolis, IN 46221

1445 West Lee Street is a multi-family home for sale in Indianapolis, IN 46221. This property was listed for sale on November 6, 2025 by Triple E Realty, LLC, it's currently listed at $149,999. It has been on the market for a total of 70 days and was last sold on January 5, 2022. This listing's school district is Indianapolis Public Schools. Nearby schools include Eleanor Skillen Elementary School 34, William McKinley School 39 and Christian Park School 82. 1445 West Lee Street is a 0-bed, 0-bath, multi-family home built in 1920.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Triple E Realty, LLC

Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 01/15/2026 12:21 PM. All data is obtained from various sources and may not have been verified by broker orMLS GRID. Supplied Open House Information is subject to change without notice. All informationshould be independently reviewed and verified for accuracy. Properties may or may not be listed bythe office/agent presenting the information.