Indianapolis IN Multi Family for Sale

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Type:
Duplex
Sq.Ft.:
n/a
Status:
NEW LISTING
Beds:
n/a
Year built:
1945
Baths:
MLS#:
22010141
Subdivision:
Montrose

ADDITIONAL INFORMATION

Welcome to this awesome duplex opportunity located near SoBro! This property can be used by an owner occupant to live in one side and rent out the other or for an investor looking to add to their portfolio. Current tenant is moving and is paying $765/month. Market rents are $1,250/per side Section 8 rents are $1,350/per side. Updates include a new water heater on 4260 was replaced in 2023 and new floors were installed in 2020. Water heater on 4262 replaced in 2021, floors replaced 2023, furnace 2024, and exterior paint in 2024. The left unit is currently occupied and will be vacant by closing. Invite friends over and walk to Indy Fuel Games or summer nights at the State Fair. Easy access to all of Indy on Fall Creek, Keystone or Binford.

Type:
Duplex
Sq.Ft.:
n/a
Status:
NEW LISTING
Beds:
n/a
Year built:
1930
Baths:
MLS#:
22010618
Subdivision:
Meridian Kessler

ADDITIONAL INFORMATION

Terra Real Estate is proud to bring to market a 3-property, 6-unit duplex portfolio in the robust Meridian-Kessler neighborhood in Indianapolis. All properties have been fully renovated within the last few years. Property addresses include: 5262/5264 N College Ave: 3 Beds/1.5 Bath each side (Fully Leased)...5234/5236 N College Ave: 3 Bed/1.5 Bath each side...4837/4839 N College Ave: 2 Bed/ 1 Bath each side (Fully Leased)

Type:
Duplex
Sq.Ft.:
n/a
Status:
NEW LISTING
Beds:
n/a
Year built:
1911
Baths:
MLS#:
22009490
Subdivision:
Pivot City

ADDITIONAL INFORMATION

This exceptional duplex offers luxury living in a prime location just half a mile from the Indiana State Fairgrounds and a short walk to the scenic 4.4-mile Monon Trail. Thoughtfully redesigned for modern appeal, each unit boasts a fully renovated kitchen featuring sleek granite countertops, premium stainless steel appliances, and custom cabinetry. New flooring and freshly painted interiors provide a refined touch, while updated windows allow natural light to enhance the contemporary aesthetic. The elegantly renovated bathrooms feature designer tile work, modern sinks, and premium fixtures, elevating the experience of each space. Residents enjoy the flexibility of dedicated parking at the back and easy street parking, adding convenience and privacy. Whether you envision living in one unit and generating income from the other, or managing both as luxury short-term rentals, this property's versatile layout and prime location are ideal for investors seeking quality and potential. Available on commercial real estate platforms, this duplex-and the full 4-unit package-represents a rare opportunity in one of the area's most desirable neighborhoods.

Type:
Duplex
Sq.Ft.:
n/a
Status:
NEW LISTING
Beds:
n/a
Year built:
1950
Baths:
MLS#:
22009187
Subdivision:
Wrights

ADDITIONAL INFORMATION

Beautifully updated corner lot all brick duplex. Each unit faces a separate street providing privacy to each unit. 5102 Hillside Ave. is a 2 bedroom, 1 bath. 2132 East 51st is a 3 bedroom, 2 bath. Each unit has been updated to include new flooring, interior paint, kitchen cabinets, kitchen counter tops, new light fixtures, new water heaters, new furnaces and AC units, garbage disposals and remodeled bathrooms with tile surround shower/baths and vanities. Don't forget about the large backyard, perfect entertaining and the 2 car garage with new doors! A great investment or owner-occupied property! Each unit has washer/dryer hook-ups. Don't miss out, book your showing today!

Type:
Duplex
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Year built:
1920
Baths:
MLS#:
22008953
Subdivision:
North Side Addition

ADDITIONAL INFORMATION

This beauty has been completely remodeled, inside and out! 130,000 worth of renovations.. We are talking new roof, new siding, new doors, windows, flooring throughout, remodeled bathrooms, fresh paint in modern colors, new cabinets This beauty is Move in ready! Both side have 3 bedrooms, 1 bath, a basement, nice big rooms and has a great floor plan. This would be a great place to call home or an excellent investment property (rental or Airbnb) in the heart of Indy. Don't let this opportunity pass you by..

Type:
Duplex
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Year built:
1914
Baths:
MLS#:
22005152
Subdivision:
Jose Balz Fairgrounds

ADDITIONAL INFORMATION

Immaculately maintained 1914 period Arts and Crafts duplex in historic Watson Place/Baiz. Owner has retained all the charm and architectural integrity of the property while updating much. Each unit is 2164 sqft plus 700 sqft in the basement. The third floor could easily be a gigantic primary bedroom suite making each unit 4 bedrooms. Hand crafted kitchen cabinets, china hutches, stained and leaded glass windows, oak trim, elegante stair systems, beautiful hardwood floors through is just the beginning. Bathrooms are totally renovation. Rents could easily be north of $2,000/month. This property has the space and amenities for an owner occupant in one unit while rent from the other unit covers much of the living expenses.

Type:
Duplex
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Year built:
1920
Baths:
MLS#:
22003668
Subdivision:
Boswell & Flemings

ADDITIONAL INFORMATION

WOW! What a great opportunity! Renovated in 2022, this property is situated in a well-established and well-maintained neighborhood. Its proximity to schools, shopping centers, and churches makes it ideal for those seeking convenience and lifestyle. This duplex offers 2 bedroom/1 bath on each side and aligns perfectly with the quality of the surrounding area. Whether you're looking a home that is minutes from downtown Indy, Fall Creek park and the Monon trail. a rental property, or a home to flip, the location and amenities make this an excellent long-term solid investment What are you waiting for? Come and see this home today!

Type:
Duplex
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Year built:
1919
Baths:
MLS#:
22003343
Subdivision:
Northcroft

ADDITIONAL INFORMATION

This beautifully remodeled duplex situated in the central Meridian-Kessler locale of Indianapolis offers a fantastic investment opportunity with tenants already in place. Completely updated in 2021, this property boasts modern amenities and a prime location, perfect for both owner-occupants or investors. Property Features: 2 units, 4925 Broadway & 4927 Broadway, with separate entrances and utilities. Each unit has been fully renovated to compliment each other in 2021, including new flooring, updated kitchens and bathrooms, and modern fixtures along with new Furnaces/AC units, electrical, plumbing, and separate back porches! The divided 2-car garage was constructed with private parking and storage for both units in addition to the alley-adjacent parking pad. Unit 4927 is equipped with a 220v electric vehicle charging port, a rare and convenient feature. Located in a desirable neighborhood with great walkability and easy access to everything Indianapolis has to offer including local shops, restaurants, and entertainment. This duplex is an ideal blend of modern comfort and convenience for you and/or your tenant(s).

Type:
Duplex
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Year built:
1914
Baths:
MLS#:
21976231
Subdivision:
Flemings North Park

ADDITIONAL INFORMATION

Introducing this newly renovated DUPLEX with two identical units, each presenting 3 bedrooms and 1.5 bathrooms. You'll rarely find a duplex with an owner's room as large as this at 16x13! Step inside to find new and high-quality Phenix LVP flooring on the main level & durable carpeting on second level w/8 lb. moisture-resistant padding underneath. Also enjoy updated mechanicals, new paint, cabinets, appliances, lighting fixtures, plumbing fixtures, doors, furnaces + MORE! Appliances stay with home. Come and move in one side while renting out the other or rent both for maximum cash-flow. This is why everyone loves a DUPLEX! Conveniently & centrally located with easy access to Downtown Indy and all sides of thriving Indianapolis, this duplex offers both comfort and investment potential. Don't miss out. We'd love to keep this property in our portfolio but are happy to allow someone else to enjoy the long-term win! *OWNER IS OPEN TO SELLER FINANCING*

Type:
Cluster
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Year built:
1910
Baths:
MLS#:
21975453
Subdivision:
Osgoods Forest Park

ADDITIONAL INFORMATION

This is an amazing opportunity for someone with vision. There are currently 6 total units. It's zoned and as 4 unit row house. The 4 units on the 2nd and 3rd level could be renovated into two amazing single unit suites. The two units on the lower level need work. It is unoccupied so you can begin your renovation immediately.

Type:
Duplex
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Year built:
1915
Baths:
MLS#:
21964963
Subdivision:
Boulevard Square

ADDITIONAL INFORMATION

Duplex for sale in a popular neighborhood, 3 miles to Downtown and convenient location to all directions! Each unit has 3 bedrooms and 1.5 bathrooms! Spacious living room! Total rehab was done in 2021 with New kitchens cabinets, counter tops, kitchen floors, new dishwasher, garbage disposals, Range/oven stoves, microwave ovens and refrigerators! New HVAC, windows, new roof and gutters and chimneys, new sidings and exterior doors and refinished hardwood floors and new installed laminate floorings! A great investment opportunity.

Type:
Duplex
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Year built:
1900
Baths:
MLS#:
21888610
Subdivision:
Nordyke & Hollowells

ADDITIONAL INFORMATION

Ground level Half Double. Nicely finished living room with ceiling fan and fireplace and large eat-in-kitchen. Mini blinds, gas heat and insulated windows. Large private fenced backyard, off street parking. Stove and refrigerator provided and W/D hook-up available. Upstairs Unit All Electric. – Carpeted, ceiling fans, mini blinds, gas heat, insulated windows, W/D hookup, nicely completed eat-in-kitchen, air conditioning, stove and refrigerator provided. Very Quiet Street in mature neighborhood. Very large fenced backyard with mature trees. Located 1 block west of the Monon trail and 2 blocks from city bus stop..

Type:
Cluster
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Year built:
1914
Baths:
MLS#:
21857656
Subdivision:
Osgoods Forest Park

ADDITIONAL INFORMATION

This Mapleton-Fall Creek duplex is an excellent investment opportunity and now up for grabs and better than ever! Both units updated with fresh paint, new hardware, cabinets, flooring, tubs, tile and vanities! Large two car garage accessed from paved alley w/ additional concrete pad for 2+ cars. 3350 side has been updated with wood look laminate floors throughout, updated kitchen w/ newer appliances, small utility room off kitchen w/ utility sink. W/D in basement included. Water softener & R/O system. Both sides have 3 bdrm, 1.5 baths. 3354 side has some new windows, wrkshp in bsmt. Lot is 100% fenced front and back. Roof '14, sewer line '13 w/backflow preventer, updated appliances, security doors, A/C '13 on 3354, GFA '18 on 3350.

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Albert Wright Page, License RB14038157, Xome Inc., License RC51300094, [email protected], 844-400-XOME (9663), 4471 North Billman Estates, Shelbyville, IN 46176

The information is being provided by Metropolitan Indianapolis Board of REALTORS®. Information deemed reliable but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. © 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 46205 has a population of 880,104. Indianapolis 46205 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 46205 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 46205 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.

Indianapolis Real Estate Market Conditions

  • Median sales price

    N/A
  • # Active listings

    133
    30-day change

Indianapolis Schools and Demographics

Education near Indianapolis, IN

Metric City County
High School Graduates 86.65 86.89
College Degree - 2 year 7.6 7.68
College Degree - 4 year 32.88 32.79
Graduate Degree 8.24 8.17
Expenditures per Student 14,503 14,503
Students per Teacher 17.7 17.7

Elementary Schools near Indianapolis, IN

School Grades Students P/T Ratio ZIP
Arlington Woods Elementary School KG - 06 486 14.3 46218
Avondale Meadows Academy KG - 05 482 17.9 46205
Elder W Diggs School 42 PK - 06 534 16.7 46208
Francis W Parker School 56 PK - 08 316 12.4 46205
James Russell Lowell School 51 PK - 06 589 16.8 46218
James Whitcomb Riley School 43 KG - 08 424 13.1 46208
John Strange Elementary School KG - 05 633 21.8 46220
Louis B Russell Jr School 48 PK - 06 409 17.8 46205
Mary E Nicholson School 70 KG - 05 347 15.1 46205
Riverside School 44 PK - 06 421 14.5 46202
Rousseau MC Clellan 91 KG - 08 476 17 46205
Skiles Test Elementary School 01 - 06 537 17.3 46220
Vision Academy KG - 06 255 18.2 46205
Washington Irving School 14 PK - 06 524 16.9 46202
William A Bell School 60 PK - 04 355 22.2 46205

Middle Schools near Indianapolis, IN

School Grades Students P/T Ratio ZIP
Broad Ripple Mgnt Jr Hs-Prfm Arts 06 - 08 406 9 46220
Crispus Attucks Med Mgnt Jr Hs 06 - 08 629 16.6 46202
Eastwood Middle School 06 - 08 835 17.6 46220
KIPP INDY College Prep. Middle 05 - 08 347 13.3 46218
Shortridge Law & Pub Pol Mag Jr Hs 06 - 08 343 12.5 46208
Tindley Collegiate Academy 05 - 08 343 15.9 46205
Tindley Preparatory Academy 05 - 08 301 14.7 46205

High Schools near Indianapolis, IN

School Grades Students P/T Ratio ZIP
Broad Ripple MGNT HS for PRFM Arts 09 - 12 502 11.4 46220
Charles A Tindley Accelerated School 09 - 12 288 13.4 46205
Crispus Attucks Medical Magnet HS 09 - 12 540 13 46202
Herron High School 09 - 12 741 16.2 46202
Nexus Academy of Indianapolis 09 - 12 109 8.4 46220
Shortridge Law & Public Policy MG HS 09 - 12 367 11.1 46208

Ungraded Schools near Indianapolis, IN

School Grades Students P/T Ratio ZIP
* Excel Center for Adult Learners 09 - 12 1,348 26.9 46205
Carpe DIEM - Meridian Campus 06 - 12 225 45 46208
Fall Creek Academy 06 - 12 186 16.9 46208
Indiana School for the Deaf PK - 12 344 15.6 46205
Indiana Virtual School 06 - 12 451 55.3 46220

Demographics near Indianapolis, IN 46205

Metric Zip Code City
Neighborhood Type Suburban
Population 880,104 969,542
Population Density 2,434 2,446
Median Age 34.3 34.4
People per Household 2.5 2.5
Median Household Income 54,321 54,601
Average Income per Capita 31,538 31,668