$135,000

3065 N Colorado Ave Indianapolis, IN 46218

$1,603
Closing credit¹
0.1 acres
Multi-Family

Property details

About 3065 N Colorado Ave

Cash-Flowing Duplex in Indianapolis - $1,375/Month Income Address: 3063-3065 N Colorado Ave, Indianapolis, IN 46218 Great investment opportunity! This fully rented duplex generates steady cash flow: 2 units - each 2 bed / 1 bath, about 800 sqft + full unfinished basement on a corner lot. Both units currently rented 3063 at $700/month - lease agreement ends 9/30/25 3065 at $675/month - lease agreement ends 4/30/26 Tenants pay electricity and gas. Owner pays for water and sewer. Professional property management in place Perfect for investors looking for immediate income with minimal headaches. 3065: New furnace, newer water heater, gas stove included (the refrigerator belongs to tenant) 3063: new refrigerator, furnace 10 years old, newer water heater, gas stove included

Highlights

Home typeDuplex
HeatingNatural Gas
StatusActive
CoolingSeparate Meters
BasementYes
Lot size0.12 Acres
Year built1942
MLS #22043269

Summary

  • Basement: Yes
  • Architectural Style: Bungalow, TraditonalAmerican
  • Heating: Natural Gas
  • Cooling: Separate Meters
  • List Price: $135,000
  • Annual Tax Amount: $1,707
  • Tax Year: 2023
  • Directions: GPS Friendly
  • Year Built: 1942
  • Lot Size: 0.12 Acres
  • MLS Number: 22043269
  • MLS Name: MIBOR
  • Office Name: Ever Real Estate, LLC
  • Office Email: katrina.matheis@gmail.com
  • Listing Agent: Katrina Matheis

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: 6/11/2025, 11:46:27 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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3065 N Colorado Ave, Indianapolis, IN 46218 - view of front facade with a chimney, a front lawn, and roof with shingles

$135,000

3065 N Colorado Ave

$1,603

closing credit¹

Sell your home with Rocket and save even more!

Seller rebate

0.5% sale price²

Price information

Property sales

DateEventPrice
Aug 26, 2021
Home Sold
$67,000
Sep 23, 2020
Home Sold
$35,000

Tax history

YearAssessmentProperty Tax
2023$72,000$1,707
2022$68,800$1,624
2021$41,000$303
2020$13,100$356
2019$11,000$485
2018$16,400$389
2017$13,900$381

History based on county public records data.

Nearby schools

3

James Russell Lowell Elementary School 51

Public District PK-6

1.0 mi

3426 Roosevelt Ave

2

Arlington Woods Elementary School 99

Public District KG-6

1.3 mi

5801 E 30th St

3

Avondale Meadows Academy

Public Charter KG-5

1.5 mi

3980 Meadows Dr

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 $39,718. Typical income of Indianapolis, IN residents is between $35k-100k annually. Residents typically live in single, no kids family. The most common level of education of people living in this area is high school diploma.

How much money do the neighbors make?

44%
<35k
51%
35k-100k
3%
100k-200k
2%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree

What types of families live nearby?

47%
Single, No Kids
30%
Single, with Kids
15%
Married, No Kids
8%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

20%
<11 yrs old
10%
12-17 yrs old
18%
18-34 yrs old
38%
35-64 yrs old
14%
65+ yrs old

What do the neighbors do for fun?

  • Pro BoxingPro Boxing
  • NHRA Drag RacingNHRA Drag Racing
  • Mexican League SoccerMexican League Soccer

Where do the neighbors shop?

  • Family DollarFamily Dollar
  • Big LotsBig Lots
  • BurlingtonBurlington

Where do the neighbors go to eat?

  • White CastleWhite Castle
  • Golden CorralGolden Corral
  • Church's ChickenChurch's Chicken

What do the neighbors drive?

  • ChevroletChevrolet
  • KiaKia
  • BuickBuick

What do the neighbors listen to?

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

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Frequently asked questions

About 3065 N Colorado Ave

The listing price of 3065 N Colorado Ave property is $135,000.

The property 3065 N Colorado Ave is a multi located in Indianapolis, Indiana, 46218.

Active Listing: 3065 N Colorado Ave is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 3065 N Colorado Ave are: James Russell Lowell Elementary School 51 (GreatSchools Rating 3/10), Arlington Woods Elementary School 99 (GreatSchools Rating 2/10), Avondale Meadows Academy (GreatSchools Rating 3/10), Avondale Meadows Middle School (GreatSchools Rating 5/10), Kipp Indy College Preparatory Middle School (GreatSchools Rating 1/10), Paramount Brookside (GreatSchools Rating 9/10), Charles a Tindley Accelerated School (GreatSchools Rating 4/10), Shortridge High School (GreatSchools Rating 2/10), Arsenal Technical High School (GreatSchools Rating 1/10).

According to the records, the last property tax for 2023 is $1,707 (source: MLS/based on county public records data).

The last sale was on August 26, 2021 for $67,000 (source: MLS/tax record).

The year of construction for 3065 N Colorado Ave is 1942.

This home is located at 3065 N Colorado Ave in Indianapolis, IN and zip code 46218 in the Robinwood neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since June 7, 2025 and is currently priced at $135,000.

In May 2025, from all listings sold in Indianapolis, IN there were more than 300 sold above asking price, over 544 sold below and more than 315 were sold right at the asked price. In May 2025 in Indianapolis, IN there were 3.7% more homes for sale than in April. In May 2025, listings were on the market for 34 days. During the same period, the median list price in this real estate market was $250,180.

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

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