Indianapolis IN Multi Family for Sale
- Type:
- Triplex
- Sq.Ft.:
- n/a
- Status:
- NEW LISTING
- Beds:
- n/a
- Year built:
- 1930
- Baths:
- MLS#:
- 22025426
- Subdivision:
- Hubbard Etal Southeast Add
ADDITIONAL INFORMATION
Tremendous opportunity to purchase a multi-unit in one of Fountain Square's most desirable locations! This triplex is a rare find with incredible investment potential. A brand-new HVAC system was just installed in one of the units. Two of the three units have been renovated with updated HVAC, electrical, plumbing, kitchen, and bath. The third unit remains unrenovated and has had a long-term tenant. Property is zoned C-5 for high-density mixed use, allowing for future office or commercial space. The location of the property provides an excellent opportunity to combine with the vacant lot next door for a high-density mixed-use project in the heart of Fountain Square.
- Type:
- Duplex
- Sq.Ft.:
- n/a
- Status:
- NEW LISTING
- Beds:
- n/a
- Year built:
- 1870
- Baths:
- MLS#:
- 22024936
- Subdivision:
- No Subdivision
ADDITIONAL INFORMATION
Charming & Updated Duplex in Historic Fletcher Place - Prime Investment Opportunity! Don't miss this amazing duplex in the heart of historic Fletcher Place! With two updated units, this property is perfect for long-term rentals, short-term stays, or Airbnb. Downstairs Unit: 2 bed / 2 bath Upstairs Unit: 2 bed / 1 bath + loft Located just blocks from downtown Indianapolis, you're within walking distance to local shops, top-rated restaurants, and entertainment. Plus, it's a short commute to Lucas Oil Stadium and all major downtown attractions. Whether you're looking for a strong income-producing investment or a place to call home while renting out the other unit, this duplex offers incredible flexibility. Recent updates throughout mean it's move-in or rent-ready!
- Type:
- Duplex
- Sq.Ft.:
- n/a
- Status:
- NEW LISTING
- Beds:
- n/a
- Year built:
- 1920
- Baths:
- MLS#:
- 22024953
- Subdivision:
- No Subdivision
ADDITIONAL INFORMATION
Live in one single and rent out the other.Located in the desirable Seiberts Pleasant Run neighborhood, this home offers two studio-style units, each with 448 square feet of open-concept living space. Recent updates include a new roof, exterior siding, modernized electrical, drywall, furnace, and PEX plumbing, all the major work has been done. All that's left is for you to make it your own.This property is positioned in a prime location for long-term tenants, airbnb, padsplit, or traveling professionals. Its proximity to hospitals, major highways, parks, shopping, and dining makes it a high-demand rental opportunity. Live in one unit and rent out the other, creating a path toward financial independence with ease.Stop paying someone else's mortgage and start building your own wealth. Take advantage of homeownership tax benefits, enjoy lower monthly payments than renting, and secure your future. This isn't just about buying a home-it's about creating stability, generating income, and taking a powerful step toward your dreams. The question isn't why buy, but why wait? Opportunities like this don't last long. The time to invest in yourself is now.
Open House:
Saturday, 3/8 7:00-9:00PM
- Type:
- Duplex
- Sq.Ft.:
- n/a
- Status:
- NEW LISTING
- Beds:
- n/a
- Year built:
- 1910
- Baths:
- MLS#:
- 22016108
- Subdivision:
- Fletcher Woodlawn
ADDITIONAL INFORMATION
Discover a remarkable investment opportunity in the heart of Fountain Square! This fully remodeled double showcases two units, each featuring 2 bedrooms and 2.5 full baths. Move-in ready, the home boasts a spacious kitchen with a large center island. Each unit has a dedicated garage space. Featuring low-maintenance living within walking distance to an array of restaurants, entertainment, and shops-just minutes from downtown.
- Type:
- Duplex
- Sq.Ft.:
- n/a
- Status:
- NEW LISTING
- Beds:
- n/a
- Year built:
- 1968
- Baths:
- MLS#:
- 22024171
- Subdivision:
- Raymond Park Heights
ADDITIONAL INFORMATION
Great investment opportunity! This duplex has a front 2/1 unit and a back 3/2 unit with tenants in long-term leases in both units. Recent updates in both units include new flooring, updated electric panels, plumbing, new furnaces and air conditioning. Maintenace costs will be low due to all the updates. Plenty of parking around the home. Back unit has large garage
- Type:
- Duplex
- Sq.Ft.:
- n/a
- Status:
- NEW LISTING
- Beds:
- n/a
- Year built:
- 1910
- Baths:
- MLS#:
- 22023535
- Subdivision:
- No Subdivision
ADDITIONAL INFORMATION
This duplex offers two mirror-image units, each featuring 2 bedrooms and 1 bathroom. The property provides a practical layout with a cozy living space, functional kitchen, and well-sized bathrooms. Each unit includes convenient access to a large shared backyard, offering potential for outdoor enjoyment. With its solid structure and potential for customization, this duplex presents an excellent opportunity for those looking to invest or house hack while living in one side! Its layout and design make it versatile for rental income or multi-generational living. So many options with this one!
- Type:
- Triplex
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1940
- Baths:
- MLS#:
- 22024340
- Subdivision:
- E C Bryans S Meridian St
ADDITIONAL INFORMATION
Attention investors and house hackers! This Tenant-occupied duplex with a detached accessory dwelling could make a great investment property or future personal residence! Located on Indy's south side, just 5 minutes from Garfield Park and only 10 minutes to the heart of downtown. List price includes both sides of the duplex as well as 2960 S Pennsylvania St, Indianapolis, IN 46225 (converted garage/accessory dwelling unit).
- Type:
- Duplex
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1959
- Baths:
- MLS#:
- 22022109
- Subdivision:
- D & J Hoeltke Minor Sub
ADDITIONAL INFORMATION
This double will need some TLC. Great income potential. Located on a busy street for easy rent
- Type:
- Duplex
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1930
- Baths:
- MLS#:
- 22017323
- Subdivision:
- Mckees Sub Wiley & Martin
ADDITIONAL INFORMATION
Located in the heart of Fountain Square, this 1-up, 1-down duplex offers endless possibilities for both owner-occupants and savvy investors! Live in the main level unit and generate rental income from the upstairs, or rent out both units. Just steps from the Wheeler Arts Building, Upland Brewery, and the vibrant dining, nightlife, and cultural hotspots that make Fountain Square one of Indy's thriving neighborhoods. The first-floor unit features 2 spacious bedrooms, 1 full bathroom, and a generous living area, providing a cozy and functional living space. The upstairs unit is equally charming, with an updated and well-designed kitchen that adds modern appeal. Outside, the large fenced-in backyard offers a private space, while the garage provides valuable parking and additional storage. Unwind or entertain on the spacious front porch, the perfect spot to enjoy the lively atmosphere of the neighborhood. This is a rare opportunity to own a versatile property in one of Indianapolis' dynamic and sought-after areas. Whether you're looking to invest or settle into the Fountain Square lifestyle, this property won't last long!
- Type:
- Duplex
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1931
- Baths:
- MLS#:
- 22018912
- Subdivision:
- No Subdivision
ADDITIONAL INFORMATION
Prime turn-key investment opportunity in the heart of Fountain Square! Steps to Indy's most popular restaurants, bars, breweries, and entertainment. Located close to downtown, IU Health, Methodist Hospital, and more, providing the perfect rental opportunities. Purchase as an entire investment, renting both sides for profitability. Or, live in one side, and rent out the other, allowing a majority of the mortgage to be paid by others. Updated thoughtfully throughout, offering 2 bedrooms/2.5 bathrooms per side, with each bedroom being an ensuite with attached, private full bathroom. Additional ample living spaces throughout, with convenient laundry closet and hookups on the main floor, and an unfinished partial basement per side for plenty of storage. Truly the perfect balance of privacy, community, and versatility. Deep yard space with the potential for off-street parking, future garage, or future accessory dwelling unit allow for convenience and potential. Enjoy an HOA-free investment, offering the ability for short-term rentals, long-term rentals, or house-hacking. With Fountain Square fun practically in your backyard, the opportunities and potential are endless!
- Type:
- Duplex
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1925
- Baths:
- MLS#:
- 22018744
- Subdivision:
- Downeys Southeast
ADDITIONAL INFORMATION
Perfect Investment Opportunity! 2-unit duplex close to downtown, shopping, and easy interstate access, being sold as-is, features two units. Each unit has 1 bedroom, 1 bath, living room and dining room. Both units have separate utility meters. Whether you are looking to live in one side of the duplex and rent out the other, this is the perfect property for you!
- Type:
- Duplex
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1920
- Baths:
- MLS#:
- 22006325
- Subdivision:
- Beatys
ADDITIONAL INFORMATION
Discover this solid investment opportunity with this charming Craftsman-style duplex, ideally situated between Garfield Park and Fountain Square-two of Indy's most vibrant neighborhoods. Each unit features 3 bedrooms and 1 bath, offering spacious living areas filled with character. With just modest updates needed, this property provides an excellent chance to add your personal touch and maximize its appeal. Enjoy the convenience of being close to popular restaurants, parks, and scenic trails, making it an attractive location for renters. The area is rapidly developing, bringing a sense of excitement and growth to the community, and ensuring a steady pool of potential tenants eager to move in. This property includes a two-car garage, plus a generous third bay perfect for extra storage or a workshop. The anticipated rental income positions this duplex to deliver positive cash flow, making it a smart addition to any portfolio. To sweeten the deal, the seller is open to offering a generous credit for appliances with reasonable offers. Don't miss out on this opportunity to invest in an up-and-coming area with strong income potential.
- Type:
- Triplex
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1905
- Baths:
- MLS#:
- 22004910
- Subdivision:
- Metzger Garfield Park
ADDITIONAL INFORMATION
This exceptional investment opportunity presents a fully occupied triplex in the Garfield Park vicinity. The property boasts a steady stream of rental income, with tenants currently contributing a total of $3,016 per month. While the owner covers all utility expenses, the property offers potential for expanding your real estate portfolio. Don't miss this chance to acquire a this asset.
- Type:
- Duplex
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1955
- Baths:
- MLS#:
- 22001556
- Subdivision:
- Morris & Mills
ADDITIONAL INFORMATION
Explore this attractively priced duplex in vibrant Fountain Square, just minutes from Downtown Indianapolis. Ideal for entrepreneurs, it offers a unique opportunity to use the top unit as an office while residing in or renting out the other. This property has a strong rental history, providing consistent income with its dual-unit setup. Each unit features modern kitchens, spacious living areas, and privacy-perfect for both living and business needs. Located near top city attractions and the bustling arts scene of Fountain Square, this duplex is a smart investment or great starter home that's ready to generate income immediately. Don't miss this chance to combine your living and professional space in one prime location!
- Type:
- Triplex
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1900
- Baths:
- MLS#:
- 21994238
- Subdivision:
- E T Fletchers
ADDITIONAL INFORMATION
Unique Fully Renovated Live-Work Property (Duplex & Office Space) Nestled in North Square between Fletcher Place and Fountain Square off the Cultural Trail This incredible and rare opportunity awaits a savvy owner-occupant or investor. Here's the breakdown: Unit 1, available for an owner-occupant, is a spacious 3 bedroom, 3 full bathroom with an upper deck, original hardwoods and two levels. Unit 2, rented, is a 2 bedroom, 2 full bathroom flat with an oversized kitchen. Unit 3 is rented as an office space with a half bath and storage room. The private/fully fenced backyard and patio is shared amongst the spaces, and private/paved off-street parking is located in back. Property is zoned D8/residential w/ variance in place for office/commercial space.
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 $198,775. This is lower 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 $198,775. 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 46203 has a population of 880,104. Indianapolis 46203 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 46203 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 46203 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.