4614 E 16th St

Indianapolis, IN 46201

$165,995
Price
—
Beds
—
Baths
—Sq. Ft.
— / Sq. Ft.
—
Sq. Ft.
—
per Sq. Ft.

Description

Attention all investors, take a look at this affordable cash flow duplex! Experienced investors as well as newer ones often reference the "ONE PERCENT RULE" for analyzing investments. Those properties are true unicorns. Well, you have just found one! Pro forma gross revenue $1750, which means this property may easily be valued at $175,000. Don't pass this rare gem! You are good to go, both sides are currently rented! Great location, close to shopping, dining, transportation, interstate and all that...Attention all investors, take a look at this affordable cash flow duplex! Experienced investors as well as newer ones often reference the "ONE PERCENT RULE" for analyzing investments. Those properties are true unicorns. Well, you have just found one! Pro forma gross revenue $1750, which means this property may easily be valued at $175,000. Don't pass this rare gem! You are good to go, both sides are currently rented! Great location, close to shopping, dining, transportation, interstate and all that downtown has to offer!
  1. Listed by Julie Gibbs • F.C. Tucker Company

Property Details for 4614 East 16th Street

Architectural Style
Bungalow
Subdivision Name
No Subdivision
Township
Center
LISTING UPDATED: 09/19/2025 09:20 AM

Property Details for 4614 East 16th Street

StatusActive
MLS #22063312
Days on Market98
Taxes$835 semi-annually
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Duplex
Year Built1958
Lot Size0.13 AC / 5,662 SF
CountyMarion County

Location

Listing Courtesy of F.C. Tucker Company
Add your commute

Building Information for 4614 East 16th Street

Stories-Residences2Year Built1958Building Size-Lot Size0.13 AC / 5,662 SF

Payment Calculator

$959 per month

30 year fixed, 6.28% Interest

Principal and Interest

$820

Property Taxes

$139

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 4614 East 16th Street

Summary
Location and General Information
  • City: Indianapolis
  • County Or Parish: Marion
  • Directions: GPS Friendly
  • Postal Code: 46201
  • Postal Code Plus4: 1731
  • Road Access: Access Rd
  • State Or Province: IN
Taxes and HOA Information
  • Parcel Number: 490733177152000101
  • Semi Annual Property Tax Amt: 835
  • Tax Year: 2024
  • TaxLot: 180
School Information
  • School District: Indianapolis Public Schools
Property
Lot Information
  • Acreage: <1/4 Acre
  • Current Use: Residential
  • Lot Size Square Feet: 5489.0
  • Lot Size Acres: 0.13
  • New Construction: False
  • Year Built Numeric: 1958
  • Living Area Source: Assessor
Property and Assessments
  • Affected by Disclosures: No
  • Conversion: No
  • DPRYN: Yes
  • Legal Subdivision: Bigneys Sub Wash Black Admrs Sub 20Ft W Sidel179 & 30Ft E Side L180 Ex 45Ft N End
  • Photos Count: 6
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Transaction Type: Sale
Utilities
  • Solid Waste: Yes
Interior and Exterior Features
Interior Features
  • Basement Description: Unfinished
  • Basement YN: Yes
  • Levels: One
  • Laundry Features: In Basement
Multi Family
Multi-Family Information
  • Total Units: 2
Income & Expenses
  • Expenses: 3100
  • Gross Income: $21,000.00
Unit 1
  • Unit Kitchen: 8x6
  • Unit Levels: 1
  • Unit Rent Frequency: Monthly
  • Unit Type Type: 1 Bedroom
Rental
Rental Information
  • Tenant Pays: All Utilities

Property History for 4614 East 16th Street

DateEvent & SourcePriceAppreciation
Sep 17, 2025

Listed (Active)

MIBORMLS #22063312

$165,995—
Dec 24, 2021

Expired

MIBORMLS #21825747

—
Dec 3, 2021

Listed (Active)

MIBORMLS #21825747

$145,000—
Sep 8, 2009

Sold

MIBORMLS #2921982

$7,200—
Aug 29, 2009

Sold (Public Record)

Public Record #278820168

$7,200

-44.8% / yr

Aug 18, 2009

Pending

MIBORMLS #2921982

—
May 5, 2009

Listed (Active)

MIBORMLS #2921982

$19,900—
Mar 28, 2006

Sold (Public Record)

Public Record #238703169

$55,000—
Feb 8, 2005

Sold

MIBORMLS #2503188

$50,000—
Jan 3, 2005

Pending

MIBORMLS #2503188

—
Jan 3, 2005

Listed (Active)

MIBORMLS #2503188

$53,000—
Jan 2, 2005

Pending

MIBORMLS #2503188

—
Jan 2, 2005

Listed (Active)

MIBORMLS #2503188

$53,000—
Dec 15, 2004

Expired

MIBORMLS #2452636

—
Sep 15, 2004

Listed (Active)

MIBORMLS #2452636

$49,900—
Aug 3, 2001

Expired

MIBORMLS #2105448

—
Feb 3, 2001

Listed (Active)

MIBORMLS #2105448

$59,900—
DateEvent & SourcePrice
09/17/2025

Listed (Active)

MIBORMLS #22063312

$165,995
12/24/2021

Expired

MIBORMLS #21825747

—
12/03/2021

Listed (Active)

MIBORMLS #21825747

$145,000
09/08/2009

Sold

MIBORMLS #2921982

$7,200
08/29/2009

Sold (Public Record)

Public Record #278820168

$7,200

-44.8% / yr

08/18/2009

Pending

MIBORMLS #2921982

—
05/05/2009

Listed (Active)

MIBORMLS #2921982

$19,900
03/28/2006

Sold (Public Record)

Public Record #238703169

$55,000
02/08/2005

Sold

MIBORMLS #2503188

$50,000
01/03/2005

Pending

MIBORMLS #2503188

—
01/03/2005

Listed (Active)

MIBORMLS #2503188

$53,000
01/02/2005

Pending

MIBORMLS #2503188

—
01/02/2005

Listed (Active)

MIBORMLS #2503188

$53,000
12/15/2004

Expired

MIBORMLS #2452636

—
09/15/2004

Listed (Active)

MIBORMLS #2452636

$49,900
08/03/2001

Expired

MIBORMLS #2105448

—
02/03/2001

Listed (Active)

MIBORMLS #2105448

$59,900

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

Public Records for 4614 East 16th Street

Taxable ValueLand$9,200Additions$61,200Total$70,400
Tax Record2024$1,671 ($139 / month)
Home Facts
Total Finished SqFt552 SqFtAbove Grade Finished SqFt552 SqFtStories1Lot Size5,489 SqFtStyleMulti-Family Dwelling (2-4)Year Built1958ZoningZO01CountyMARIONAPN49-07-33-177-152.000-101

Schools near 4614 East 16th Street

This home is within Indianapolis Public Schools.
Rating
School
Type
Grades
Distance
Anna Brochhausen School 88
Public - PK to 6
Brookside School 54
Public - PK to 6
Thomas D. Gregg School 15
Public - PK to 6
James Russell Lowell School 51
Public - PK to 6
Rating
School
Distance
Anna Brochhausen School 88
PublicPK to 6

Brookside School 54
PublicPK to 6

Thomas D. Gregg School 15
PublicPK to 6

James Russell Lowell School 51
PublicPK to 6

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 4614 East 16th Street, Indianapolis, IN 46201

4614 East 16th Street is a multi-family home for sale in Indianapolis, IN 46201. This property was listed for sale on September 17, 2025 by F.C. Tucker Company, it's currently listed at $165,995. It has been on the market for a total of 98 days and was last sold on September 8, 2009. This listing's school district is Indianapolis Public Schools. Nearby schools include Anna Brochhausen School 88, Brookside School 54 and Thomas D. Gregg School 15. 4614 East 16th Street is a 0-bed, 0-bath, multi-family home built in 1958.

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 F.C. Tucker Company

Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 12/23/2025 03:56 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.