Coldwell Banker Home Page
Skip to main contentColdwell Banker Home Page
Local Realty Service Provided By: Coldwell Banker Martin, Miller, Lamb Real Estate
Property view
Listing view 2
Listing view 3

126-128 N Colorado Avenue, 
Indianapolis, IN 46201

$314,900

—

Bed

—

Bath

-

Sq Ft

Multi-Family

Active

Listed by

Trent Kiester

@Properties

317-489-3441

Last updated:

March 16, 2026, 10:39 PM

MLS#

22089377

Source:

IN MIBOR

About This Home

126-128 N Colorado Avenue

FANTASTIC turnkey duplex in Indianapolis offering immediate income potential for investors or an ideal opportunity for owner-occupants looking to offset their mortgage. Each unit of this well-maintained property features 3 bedrooms and 2 full bathrooms, a open concept main level layout, and strong rental appeal. One unit is currently occupied at $1,669 per month while the other unit is vacant and ready to be rented or moved into. Both units offer comfortable living spaces with generous natural light, practical floor plans, and ample storage, making them attractive to long-term tenants. The property has been well cared for and ready to rent, allowing the next owner to step right into a cash-flowing investment without the need for major renovations. Whether you're expanding your rental portfolio or looking for a house hack opportunity, this income-producing duplex delivers a solid combination of location, stability, and investment potential.

Home Facts

Multi-Family

Built in 1900

Price Summary

314,900

MLS #:

22089377

Last Updated:

March 16, 2026, 10:39 PM

Added:

a day ago

Structure

Structure

Year Built:

1900

Lot

Lot Size (Sq. Ft):

5,227

Finances & Disclosures

Finances

Price:

$314,900

Source:IN MIBOR
Copyright 2026 Metropolitan Indianapolis Board of Realtors. All rights reserved. Listings courtesy of Metropolitan Indianapolis Board of Realtors as distributed by MLS GRID. Metropolitan Indianapolis Board of Realtors provides content displayed here (“provided content”) on an “as is” basis and makes no representations or warranties regarding the provided content, including, but not limited to those of non-infringement, timeliness, accuracy, or completeness. Individuals and companies using information presented are responsible for verification and validation of information they utilize and present to their customers and clients. Metropolitan Indianapolis Board of Realtors will not be liable for any damage or loss resulting from use of the provided content or the products available through Portals, IDX, VOW, and/or Syndication. Recipients of this information shall not resell, redistribute, reproduce, modify, or otherwise copy any portion thereof without the expressed written consent of Metropolitan Indianapolis Board of Realtors.

Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.

Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.