Indianapolis IN Multi Family for Sale
- Type:
- Cluster
- Sq.Ft.:
- n/a
- Status:
- NEW LISTING
- Beds:
- n/a
- Year built:
- 1900
- Baths:
- MLS#:
- 22016986
- Subdivision:
- Rhodes E Ohio St
ADDITIONAL INFORMATION
Rare opportunity to purchase a 4-Unit building on Indy's booming East Side! If you have been looking for an opportunity to invest in a multi-family, then this is the perfect opportunity for you. For a similar price to a duplex in the area, you can purchase this 4-unit building. Each unit has 1 bedroom & 1 bathroom, a fair-sized living space & kitchen as well as private entrances. Located on a fair sized lot along Michigan Street, this property is located close to bus lines and the wonderful amenities downtown Indy has to offer! Don't pass up the opportunity to rent this gem!
- Type:
- Duplex
- Sq.Ft.:
- n/a
- Status:
- NEW LISTING
- Beds:
- n/a
- Year built:
- 1920
- Baths:
- MLS#:
- 22016371
- Subdivision:
- No Subdivision
ADDITIONAL INFORMATION
Great Investment Opportunity! This well-maintained duplex offers a fantastic opportunity for both investors and owner-occupants.This duplex features two spacious units, each with its own character and potential. Both units are tenant-ready and in good condition, requiring minimal updates for immediate occupancy. The property has historically rented for below-market rates, presenting an excellent opportunity for new owners to increase rental income potential with a little adjustment. With separate entrances, individual utilities, and a great layout, this duplex is a rare find for those looking to maximize rental income or for a multi-generational family needing separate living spaces. Don't miss out on this excellent investment-schedule a showing today!
- Type:
- Cluster
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1937
- Baths:
- MLS#:
- 22016055
- Subdivision:
- A M Ogle Et Al East Park
ADDITIONAL INFORMATION
This income producing property houses four tenants in separate studios. Each unit has private entrance, bath, kitchen and living space. Currently 3/4 occupied. Rent varies with each unit but average just over $800 per month. Landlord pays all utilities with an average of approx. $323 per month. 48 hour notice for showings please. Buyer can view one of the 4 units and the others will be available for second showings.
- Type:
- Cluster
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Year built:
- 2024
- Baths:
- MLS#:
- 22015001
- Subdivision:
- No Subdivision
ADDITIONAL INFORMATION
This well-positioned four-plex, located just 5 minutes east of downtown, offers strong income potential with 100% occupancy. All four units are fully rented, providing consistent cash flow for the investor. The new owner can continue generating steady rental income while benefiting from the property's modern, low-maintenance construction. Recently constructed as 2-story apartments, the building also features an unpaved parking lot at the rear. A great addition to any investment portfolio.
- Type:
- Triplex
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1910
- Baths:
- MLS#:
- 22013574
- Subdivision:
- No Subdivision
ADDITIONAL INFORMATION
This property is calling for the savvy investor. Rent all 3 units for a generous passive stream of income or live on one side and rent the other 2 units. This multi-unit has a ton of potential. One 1/2 of the home is a 3 bedrooms and 2 bathrooms. Other side is 2 units; both are 1 bedroom, 1 bathroom. Home has off street parking at the rear of the building.
- Type:
- Duplex
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1900
- Baths:
- MLS#:
- 22013057
- Subdivision:
- C E Reynolds North Tuxedo Add
ADDITIONAL INFORMATION
Have you been looking for an addition to your investment portfolio or an affordable opportunity to house hack? If so, congratulations! You have stumbled on a terrific opportunity. Each unit of this duplex has 2 bedrooms and 1 bathroom per side. With one unit rented out and locked into a lease, you have plenty of options for the vacant unit which is ready to move right into. Check this terrific opportunity out before it is too late!
- Type:
- Duplex
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1915
- Baths:
- MLS#:
- 22011784
- Subdivision:
- Vajens South Brookside
ADDITIONAL INFORMATION
Multi-family investing awaits on this Duplex in bustling Brookside Park District. Quickly travel to Pogue's Run, Brookside Park frisbee golf, shopping, nearby attractions, Irvington, Downtown Indy, interstate access & more. Capture increasing rent growth & price appreciation in this bustling area. Nearly turnkey with some finishing touches remaining. Well-planned private enclosed yard with fencing & private covered porches. The perfect opportunity awaits in this recently updated duplex on the Near Eastside. With ease of access to highways, downtown Indianapolis, multiple parks and more, this home is well-situated and sits on a sizeable lot. The exterior features covered Porches, open Patios, and fully-fenced Backyards with Alley Access. The interiors both feature some updates throughout- including LVP Flooring, Eat-In Kitchens, and unfinished Basements presenting additional Storage. Make this house a home, today!
- Type:
- Duplex
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1945
- Baths:
- MLS#:
- 22006741
- Subdivision:
- A M Ogle Et Al East Park
ADDITIONAL INFORMATION
This well-maintained duplex is an excellent investment opportunity, with one of the units currently rented and generating cash flow. Contact the listing agent or Brokerbay to schedule showings. A 48-hour notice is required for all showings. This duplex is located near all the amenities downtown has to offer, this property's prime location makes it easy to attract tenants. This duplex has newly remoldel bath, fresh paint and updated flooring. This duplex is ready for its new owner to enjoy consistent rental income. Don't miss out!
- Type:
- Duplex
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1945
- Baths:
- MLS#:
- 22006734
- Subdivision:
- A M Ogle Et Al East Park
ADDITIONAL INFORMATION
This well-maintained duplex is an excellent investment opportunity or to add to your portfolio, with both units currently rented and generating cash flow. Contact the listing agent directly or schedule showings, on Broker Bay. A 48-hour notice is required for all showings. This duples is located near all the amenities downtown has to offer and the property's prime location makes it easy to attract tenants. Both units have an newer updated bathroom and flooring. This duplex is ready for its new owner to enjoy consistent rental income. Don't miss out!
- Type:
- Duplex
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1930
- Baths:
- MLS#:
- 22011635
- Subdivision:
- Hafners Sub Fletcher
ADDITIONAL INFORMATION
This duplex offers an excellent opportunity for investor owner to live there or rent both sides. The property has covered porch on each side while having a large back yard with alley access. Each side has 2 bedrooms upstairs along with one bathroom. The lower level features living spaces, a dining nook and kitchen with back door access.
- Type:
- Duplex
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1930
- Baths:
- MLS#:
- 22009595
- Subdivision:
- Shannon Park
ADDITIONAL INFORMATION
Great opportunity for the savvy investor to add to your portfolio. Grace/Tuxedo Park area Duplex w/ 3 BR/1 BA each side. 827 N Bradley earning $1100 per month(Sect 8). 825 N Bradley unoccupied and ready for new tenants. Each unit has basement w/ Laundry Hook ups and covered porch. Property needs cosmetics. 2 car detached garage split. No photos of interior of 827 N Bradley. Offers shall be contingent upon walk through.
- Type:
- Duplex
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1904
- Baths:
- MLS#:
- 22009463
- Subdivision:
- Milligans Park
ADDITIONAL INFORMATION
Rare, Renovated Duplex in Windsor Park with Peaceful Front Porch Views of Pogue's Run Creek and Mature Trees - Available to Owner-Occupants and Investors Welcome to this 2bd, 2.5ba per side duplex - both sides have been mirror renovated, and one side is vacant, making this a perfect home for an owner-occupant (FHA loans as low as 3.5 perfect down; and conventional as low as 5 percent down). Located just a few doors down from Kan Kan Restaurant and Movie Theater, Amelia's Bread and Coffee and local shop Stomping Ground, you can't beat the location. Duplex is also within a mile of Mass Ave/Bottleworks (endless restaurants, shopping, fitness and more), Factory Arts District, North Mass Boulder and more. Investors, this is also a solid property to add to your portfolio to maintain excellent housing options for Indy residents. P.S. With a 40' x 140' lot, this offers a future opportunity for a garage and/or garage with carriage house with easy alley access. Off-street parking available in the back as well as street parking out front. All appliance stay.
- Type:
- Cluster
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1924
- Baths:
- MLS#:
- 22007677
- Subdivision:
- C E Reynolds North Tuxedo Add
ADDITIONAL INFORMATION
This income producing property houses four tenants in separate studios. Each unit has private entrance, bath, kitchen and living space. 3/4 occupied. Rent varies with each unit but average just under $900 per month. Landlord pays all utilities at an average of Appox. $500 per month. Buyer can view one of the 4 units and the others will be available for second showings.
- Type:
- Duplex
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1910
- Baths:
- MLS#:
- 22004833
- Subdivision:
- State Square
ADDITIONAL INFORMATION
Looking for an income generating duplex minutes from downtown, Fountain Square, and the new Community Justice Campus? Each unit is 2 beds and 1 bath with updated interior paint, LVP flooring, new decks, new light fixtures and more. Private parking for 4 vehicles with new gravel. All mechanicals were replaced 5 years ago. One unit is rented and the other unit is vacant. The vacant unit is rent ready and could potentially rent at market value for $1200. This is a rapidly changing neighborhood, and a house two doors down recently sold.
- Type:
- Duplex
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1928
- Baths:
- MLS#:
- 22006598
- Subdivision:
- Vajens South Brookside
ADDITIONAL INFORMATION
Discover the potential of this great duplex, perfect for investors seeking an income-producing property or for those looking to establish a new residence while renting out the other side. Ideally located within walking distance to Brookside Park and just a short drive from the Bottleworks District, Mass Ave, and all the amenities downtown has to offer, the convenience will make finding tenants easy. Featuring a new roof, fresh paint, and updated flooring, this well-maintained home is ready for its new owner. Don't miss this opportunity to own a cash flowing duplex!
- Type:
- Duplex
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Year built:
- 2021
- Baths:
- MLS#:
- 22006427
- Subdivision:
- Pickens & Loftins
ADDITIONAL INFORMATION
ATTENTION INVESTORS!!! Discover an exceptional investment opportunity with this fully renovated duplex, just minutes from downtown Indianapolis. Updated in 2021, this property features two distinct units: a spacious 4-bedroom, 2.5-bathroom unit and a cozy 1-bedroom, 1-bathroom unit. Highlights include modern finishes throughout, ample living space, and the potential for increased rental income and property values in this vibrant neighborhood. Expand it's potential even further by adding an already designed ADU. With its turn-key condition, this duplex is ready to generate income from day one. Don't miss your chance to add this fantastic investment property to your portfolio. Property can be sold individually or as part of a package with 246 N Beville Ave (BLC# 22006446).
- Type:
- Duplex
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1915
- Baths:
- MLS#:
- 22005228
- Subdivision:
- 111 E Washington
ADDITIONAL INFORMATION
GREAT income producing duplex with 3 bedrooms and one bath per side. Harwood floors thoughtout living and bedroom area of unit 3829. Vinyl plank flooring in kitchen and tile floors in bathroom. Hardwood floors in living room area of 3827, as well as tile in the kitchen and bathroom, and carpet in bedrooms. laundry on main floor of both units. newer updates to both units. One unit is tenated.
- Type:
- Cluster
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1910
- Baths:
- MLS#:
- 22003175
- Subdivision:
- Hartmans
ADDITIONAL INFORMATION
Fully Occupied Fourplex Near Downtown - Excellent Investment Opportunity! This meticulously renovated fourplex offers a blend of modern amenities and classic charm. The property has undergone a comprehensive studs-in/out renovation, featuring new mechanical systems including electrical, HVAC, and plumbing. Each unit boasts a fully equipped kitchen with a complete appliance package, including a washer and dryer. Additional upgrades include new bathrooms, updated flooring, windows, drywall finishes, and more. All units are separately metered for electric and gas, while water is on a shared meter. One unit also includes a finished basement, adding extra living space. Current rents range from $950 to $1,175 per month, offering substantial room for future rental growth. Situated in a prime location near downtown, with proximity to Woodruff Place, Emerson Heights, and Irvington, this property is poised for appreciation. Don't miss this incredible opportunity to maximize rental income in a rapidly developing area. Note: the vacant lot next door is not included in the sale. All units feature consistent, high-quality finishes throughout.
- Type:
- Duplex
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1920
- Baths:
- MLS#:
- 21990870
- Subdivision:
- Englewood
ADDITIONAL INFORMATION
Excellent investment opportunity on the Near Eastside. This duplex contains one bedroom, one bathroom, living room, and kitchen on each side. North unit is currently rented, but the South unit is vacant and can be shown. Arrangements will be made to view North side with tenants authorization upon second showing. Property being sold as-is.
- Type:
- Duplex
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1905
- Baths:
- MLS#:
- 21993678
- Subdivision:
- Bradley Denny & Atkinson
ADDITIONAL INFORMATION
Excellent Investment Opportunity: Seize the opportunity to invest in this updated and well-maintained duplex situated in the vibrant Tuxedo Park neighborhood on Indianapolis' east side. Each unit offers 2 bedrooms, 1 bathroom, and 1,213 square feet of comfortable living space. Enjoy immediate rental income as both units are currently tenant occupied, providing steady cash flow from day one. Benefit from the property's proximity to local amenities, transportation, and community features that enhance its rental appeal. This property is professionally managed, and comprehensive property management services are available to the new owner. With strong investor activity in the area, this property promises immediate cash flow and future appreciation. Don't miss out on this great investment opportunity!
- Type:
- Duplex
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1924
- Baths:
- MLS#:
- 21990354
- Subdivision:
- Haywoods Boulevard
ADDITIONAL INFORMATION
Investor's Gem or Perfect House-Hack in Christian Park! Step into this exceptional duplex, located in the desirable Christian Park neighborhood on the near eastside, just a 10-minute drive from downtown Indianapolis. Both units were thoughtfully updated in 2023, and the roof was replaced in 2022, ensuring peace of mind for years to come. The vacant unit is move-in ready, offering an ideal opportunity for an owner-occupant or a new tenant. The other unit is tenant-occupied, bringing in $850 per month (exp 5/30/25). With tenants paying all utilities, the property is designed for optimal cash flow. Given the updated condition and prime location, hitting or exceeding the 1% rule should be no problem. The mirror-image units are spacious and modern, and both have laundry hookups and central heat/air, appealing to renters and owners alike. Currently under professional management, the new owner has the option to retain these services for a seamless transition, making this property an easy and profitable addition to any portfolio. Don't miss out on this incredible opportunity to invest in a turnkey property with immediate income potential. Schedule your showing today!
- Type:
- Duplex
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1915
- Baths:
- MLS#:
- 21990027
- Subdivision:
- Tuxedo Park
ADDITIONAL INFORMATION
Investor's Dream Duplex Near Downtown Indy, generating $2600 in passive income monthly!! Welcome to this fantastic investment opportunity in the heart of Indianapolis! This duplex is located close to downtown, offering convenience and city living. Each side of this property features 3 bedrooms and 1.5 baths, providing large and comfortable living spaces for the tenants. The duplex offers several attractive features for investors, including newer HVAC systems, newer windows that ensure efficiency and tenant comfort year-round. Recently updated kitchens showcase new flooring, modern appliances, while the bathrooms have been also renovated to appeal to any and all tenants expectations. The exterior and interiors have been freshly painted within the last few years, newer flooring in several rooms that enhances the overall appeal and upkeep of the property. For added peace of mind, this property has been inspected and approved by the City/State, ensuring it meets all safety and habitability standards necessary for hassle-free renting. Both sides of the duplex are currently leased, with reliable tenants who have expressed interest in continuing their occupancy, providing immediate rental income for the new owner. With its great location near downtown Indianapolis, this duplex presents a great opportunity for savvy investors looking to capitalize on a thriving rental market. Whether you're looking to expand your investment portfolio or start anew, this property offers a solid foundation for long-term rental income and growth potential. Don't miss out on this great investment opportunity! Schedule your showing today and seize this lucrative opportunity to invest in Indianapolis Real Estate!
- Type:
- Duplex
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1910
- Baths:
- MLS#:
- 21989419
- Subdivision:
- Tuxedo Park
ADDITIONAL INFORMATION
Calling all Investors. Investment opportunity in Tuxedo Park. Home is a renovation project and being sold as-is. Home is in Short Sale. Property is a duplex that has been parceled into 2 condominiums. Both units are being sold together.
- Type:
- Duplex
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1920
- Baths:
- MLS#:
- 21984186
- Subdivision:
- No Subdivision
ADDITIONAL INFORMATION
This tenant-occupied Tuxedo Park duplex has been tastefully updated, and is ready for its new owner! Each side includes a spacious living room, formal dining area, large kitchen, and upstairs has two bedrooms and a full bathroom! As of right now, total rental income for both sides is around $1,750/mo. However, rents have been steadily increasing in the area, so the next tenant turn means it's time for a rent increase! This property is being sold as a part of a 16 unit portfolio. Portfolio BLC numbers are: 21981814, 21981810, 21981802, 21981820, 21981817, 21981809, 21981807, 21981816, 21981806, 21981800, 21981811, 21981796, 21981813, 21981818, 21984186, 21981803. The portfolio has been valued at over 3.5 million. The seller is willing to accept an offer of $3,000,000 for the entire portfolio!
- Type:
- Duplex
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1920
- Baths:
- MLS#:
- 21983130
- Subdivision:
- Fultons Nowland Avenue Addition
ADDITIONAL INFORMATION
SPRINGDALE DUPLEX Nestled among the mature trees, this up-down duplex offers 4 beds/2.5 one unit on the main and upper floor and 1 bed/1bath basement for the other unit! This has THREE parcels including the duplex, a vacant lot, and a three car garage with extra lot space! This fully-fenced in the yard will make you feel like you are in your own little oasis! With 10' ceilings on the main floor, the natural light flows throughout! The primary bedroom is on the main floor with renovated ensuite bathroom and a tranquil deck. Another spacious bedroom is adjacent to the flex room with beautiful stained glass windows. The second floor offers two bedrooms with a spacious second living space and a full bathroom. The basement offers a full kitchen, bathroom, living room and bedroom - separate entrance! Minutes away from Spades Park, Circle City Industrial Complex, Mayfair Taproom, Rabble Coffee, 8th Day Distillery, Bottleworks, Monon Trail, Kan Kan, Amelia's.
Albert Wright Page, License RB14038157, Xome Inc., License RC51300094, [email protected], 844-400-XOME (9663), 4471 North Billman Estates, Shelbyville, IN 46176
Listings courtesy of MIBOR as distributed by MLS GRID. Based on information submitted to the MLS GRID as of {{last updated}}. 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. © 2024 Metropolitan Indianapolis Board of REALTORS®. All Rights Reserved.
Indianapolis Real Estate
The median home value in Indianapolis, IN is $221,900. This is higher than the county median home value of $219,900. The national median home value is $338,100. The average price of homes sold in Indianapolis, IN is $221,900. Approximately 48.52% of Indianapolis homes are owned, compared to 40.53% rented, while 10.95% are vacant. Indianapolis real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Indianapolis real estate agent to arrange a tour today!
Indianapolis, Indiana 46201 has a population of 880,104. Indianapolis 46201 is less family-centric than the surrounding county with 26.06% of the households containing married families with children. The county average for households married with children is 26.96%.
The median household income in Indianapolis, Indiana 46201 is $54,321. The median household income for the surrounding county is $54,601 compared to the national median of $69,021. The median age of people living in Indianapolis 46201 is 34.3 years.
Indianapolis Weather
The average high temperature in July is 84 degrees, with an average low temperature in January of 19.5 degrees. The average rainfall is approximately 42.4 inches per year, with 21.6 inches of snow per year.