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$145,000

1206 N Gladstone Ave Indianapolis, IN 46201

0.1 acres
Multi-Family

Property details

About 1206 N Gladstone Ave

The duplex of dreams! This duplex offers two units, each of which offers 1 bedroom and 1 bathroom per side. With plenty of updates to both the interior and exterior, you can add this property to your portfolio right away and get the cash flowing. The 1206 unit is currently vacant, updated, and ready for someone to move right in. Whether you are looking to rent out both units or move into one, this is a plug and play property from the start. The 1208 unit is occupied by a long-term tenant with below market rent, which provides a great value-add opportunity. Don't miss the opportunity on this Little Flower duplex!

Highlights

Home typeDuplex
StatusActive
CoolingSeparate Meters
BasementYes
Lot size0.13 Acres
Year built1924
MLS #22047055

Summary

  • Basement: Yes
  • Exterior: Not Applicable
  • Architectural Style: Ranch
  • Cooling: Separate Meters
  • List Price: $145,000
  • Annual Tax Amount: $2,338
  • Tax Year: 2023
  • Directions: From 10th and Sherman go East 3 blocks to Gladstone. North on Gladstone to duplex on left.
  • Year Built: 1924
  • Lot Size: 0.13 Acres
  • MLS Number: 22047055
  • MLS Name: MIBOR
  • Office Name: Wilmoth Group
  • Office Email: maxr@wilmothgroup.com
  • Listing Agent: Maxwell Richter

IDX Listings courtesy of MIBOR Broker Listing Cooperative® as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS.

DMCA Notice

Copyright ©2025 MIBOR REALTOR® Association. All rights reserved. Information is provided exclusively for consumers’ personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Based on information submitted to the Broker Listing Cooperative listing service. All information provided is deemed reliable but is not guaranteed and should be independently verified. All data is obtained from various sources and may not have been verified by broker or Broker Listing Cooperative listing service. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/6/2025, 11:31:27 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Price information

Property sales

DateEventPrice
Mar 15, 2018
Home Sold
$45,000
Dec 27, 2011
Home Sold
$15,000
Jun 03, 2010
Home Sold
$28,250

Tax history

YearAssessmentProperty Tax
2023$98,600$2,338
2022$95,200$2,247
2021$93,800$1,945
2020$84,000$1,911
2019$76,200$1,659
2018$65,000$1,323
2017$57,200$1,245

History based on county public records data.

Nearby schools

3

Ralph W. Emerson Elementary School 58

Public District PK-6

0.8 mi

321 N Linwood Ave

3

Brookside Elementary School 54

Public District KG-6

0.8 mi

3150 E 10th St

3

James Russell Lowell Elementary School 51

Public District PK-6

1.3 mi

3426 Roosevelt Ave

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $41,463. Most Indianapolis, IN residents have annual incomes between $35k-100k. The majority of families are single, no kids. Residents of this area typically have high school diploma education.

How much money do the neighbors make?

34%
<35k
64%
35k-100k
2%
100k-200k
0%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree

What types of families live nearby?

59%
Single, No Kids
18%
Single, with Kids
16%
Married, No Kids
7%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

16%
<11 yrs old
6%
12-17 yrs old
22%
18-34 yrs old
47%
35-64 yrs old
9%
65+ yrs old

What do the neighbors do for fun?

  • Pro BoxingPro Boxing
  • UFCUFC
  • NHRA Drag RacingNHRA Drag Racing

Where do the neighbors shop?

  • BurlingtonBurlington
  • Family DollarFamily Dollar
  • Big LotsBig Lots

Where do the neighbors go to eat?

  • PopeyesPopeyes
  • Burger KingBurger King
  • Golden CorralGolden Corral

What do the neighbors drive?

  • DodgeDodge
  • BuickBuick
  • KiaKia

What do the neighbors listen to?

  • Urban ContemporaryUrban Contemporary
  • Adult StandardsAdult Standards
  • Contemporary InspirationalContemporary Inspirational
All data provided by Home Junction and Claritas

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Frequently asked questions

About 1206 N Gladstone Ave

The listing price of 1206 N Gladstone Ave property is $145,000.

The property 1206 N Gladstone Ave is a multi located in Indianapolis, Indiana, 46201.

Active Listing: 1206 N Gladstone Ave is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 1206 N Gladstone Ave are: Ralph W. Emerson Elementary School 58 (GreatSchools Rating 3/10), Brookside Elementary School 54 (GreatSchools Rating 3/10), James Russell Lowell Elementary School 51 (GreatSchools Rating 3/10), Paramount Brookside (GreatSchools Rating 9/10), Paramount Englewood (GreatSchools Rating 9/10), H. L. Harshman Magnet Middle School (GreatSchools Rating 3/10), Arsenal Technical High School (GreatSchools Rating 1/10), Irvington Community School (GreatSchools Rating 4/10), Victory College Preparatory Academy (GreatSchools Rating 6/10).

According to the records, the last property tax for 2023 is $2,338 (source: MLS/based on county public records data).

The last sale was on March 15, 2018 for $45,000 (source: MLS/tax record).

The year of construction for 1206 N Gladstone Ave is 1924.

This home is located at 1206 N Gladstone Ave in Indianapolis, IN and zip code 46201 in the E 10th St neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since June 25, 2025 and is currently priced at $145,000.

While more than 266 listings in Indianapolis, IN in June 2025 were sold above asking price, there were more than 276 listings sold at asking price, and more than 527 were sold below. Between May and June 2025, Indianapolis, IN real estate market has seen decrease in the number of listings by 0.2%. The median list price of listings available in June 2025 was $251,183, while the average time on the real estate market was 31 days.

From Rocket Homes Real Estate and based on county public records data.

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