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3239-3241 Boulevard Pl, Indianapolis, IN, 46208

6beds
4baths
--sqft
$349,999
--price/sqft
$2,480/moest. monthly cost
$99,200/yrincome needed

About This Home

Turnkey investment opportunity! This fully occupied duplex offers immediate rental income from day one, making it an ideal addition to any investor's portfolio. Each spacious unit features 3 bedrooms and 2 full bathrooms, providing a desirable floor plan that continues to attract quality tenants. The property has undergone an extensive renovation in recent years, including updated mechanicals, plumbing, flooring, finishes, and more, offering peace of mind and reduced maintenance for the next owner. Conveniently located just minutes from downtown Indianapolis, Newfields, the Children's Museum, major hospitals, and interstate access, this duplex is well-positioned in an area experiencing continued revitalization and strong rental demand. Whether you're looking to expand your investment portfolio or secure a cash-flowing asset with tenants already in place, this is an opportunity you won't want to miss.

Getting Around

43
WalkingCar-Dependent
45
TransitSome Transit
50
BikeBikeable

Schools

3/10
4/10
Cold Spring SchoolGrades K-82.1 mi
2/10
Shortridge High SchoolGrades 9-120.5 mi

Construction

Condition

  • Year built: 1920

Materials

  • Construction materials: Aluminum Siding

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family,Duplex

Interior

Appliances

  • Laundry features: Connections All

Basement

  • Has basement: Yes

Bedrooms & Bathrooms

  • Bedrooms: 6
  • Bathrooms: 4

Property

Details

  • Parcel number: 490623162011000101

Lot

  • Lot size: 5,227 sqft
  • Features: Sidewalks

Parking

  • Total spaces: 2
  • Parking features: Detached
  • Attached garage spaces: 2
  • Covered spaces: 2

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
    Cold WaveModerate
  • Heat Wave
    Heat WaveModerate
  • Inland Flooding
    Inland FloodingModerate
  • Strong Wind
    Strong WindModerate
  • Tornado
    TornadoModerate

How This Home’s Risks Compare

Cold Wave
Heat Wave
Inland Flooding
Strong Wind
Tornado

FEMA Declared Disasters Across Indiana Counties

Flood
Snowstorm

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

MonthlyAnnual
Mortgage $1,769$21,228
Home Insurance *$268$3,216
Property Taxes $259$3,108
Electricity $184$2,212
Total$2,480$29,760
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$85,028/yr
40% on housing$74,400/yr
45% on housing$66,133/yr

Indiana FAIR Plan Programs

Indiana Basic Property Insurance Underwriting Association

Covered
WildfireWildfire
Add-on available
HailHail
WindWind
Visit Website →
Current Policies
Residential: 810Commercial: 30
Total Premiums$1.77M
Total Exposure$1.82M

How 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.

Insurance Growth Rate5-year average: 10.6%
10.6%
0%30.0%
Electricity Growth Rate10-year average: 6.1%
6.1%
0%15.0%
Property Taxes Growth Rate2-year average: 2.3%
2.3%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

--This listing

vs Other Active Listings

Avg $/sqft

ZIP 46208$116
Marion County$125

vs Homes Sold Last Month

Median $/sqft

ZIP 46208$118
Marion County$131

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)

No zestimate history available

Price History

DateEventPrice
2026-08-14Price change$334,900
2026-07-22Listed for sale$349,999

For Sale by Agent

AgentSteven Schell
BrokerageWhite Stag Realty, LLC

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