213-215 E 15th St, Indianapolis, IN, 46202
About This Home
Expand your investment portfolio with this exceptional turnkey opportunity in one of Downtown's best neighborhoods, The Old Northside Historic District! This duplex offers incredible versatility with mirrored income-producing units: a duplex thoughtfully divided into two separately parceled townhomes. The current owner has successfully operated the property as a thriving Airbnb for the past several years, and all furniture, decor, and furnishings are included, making this a truly turnkey investment from day one. Each spacious townhome offers approximately 2,292 square feet of thoughtfully designed living space, featuring an open-concept main level with generous living and dining areas, stylish kitchens, a convenient half bath, and an oversized laundry room. Upstairs, you'll find a private primary suite, three additional bedrooms, and two other full bathrooms. Quality craftsmanship shines throughout with attractive trim work and tasteful finishes. Whether you're looking to continue a successful short-term rental operation, add a high-performing asset to your portfolio, or explore multiple rental strategies, this unique property offers outstanding flexibility, strong income potential, and an unbeatable Downtown location.
Getting Around
Very Walkable
Good Transit
Very BikeableSchools
Construction
Condition
- Year built: 1905
Type & Style
- Home type: MultiFamily
- Property subType: Multi Family,Duplex
Interior
Appliances
- Laundry features: Laundry Closet
Basement
- Has basement: Yes
Bedrooms & Bathrooms
- Bedrooms: 4
- Bathrooms: 4
Heating & Cooling
- Heating features: Forced Air
- Cooling features: Central Air
Property
Details
- Parcel number: 490636220027000101
- Attached to another structure: Yes
- Special condition: Historic District
Features
- Has view: Yes
- View description: Neighborhood
Lot
- Lot size: 3,920 sqft
Parking
- Parking features: Detached
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Cold Wave
- Earthquake
- Heat Wave
- Inland Flooding
- Tornado
How This Home’s Risks Compare
FEMA Declared Disasters Across Indiana Counties
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $3,514 | $42,168 |
| Home Insurance * | $329 | $3,948 |
| Property Taxes | $515 | $6,180 |
| Electricity | $184 | $2,212 |
| Total | $4,542 | $54,504 |
Income You'd Need if You Spent...
Indiana FAIR Plan Programs
Indiana Basic Property Insurance Underwriting Association
Wildfire
Hail
WindHow Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-07-21 | Listed for sale | $695,000 |
| 2026-03-31 | Listing removed | $750,000 |
| 2026-01-30 | Listed for sale | $750,000 |
| 2026-01-02 | Listing removed | $750,000 |
| 2025-07-30 | Listed for sale | $750,000 |
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