Indianapolis IN Multi Family for Sale

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Type:
Duplex
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Year built:
1920
Baths:
MLS#:
22007965
Subdivision:
Mansur Park

ADDITIONAL INFORMATION

Investors welcome! This is a 2 bedroom 1 bath double that comes with the stove and the fridge. Both units are currently occupied.

Type:
Duplex
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Year built:
1915
Baths:
MLS#:
22006927
Subdivision:
Hyde Park

ADDITIONAL INFORMATION

Great investment opportunity duplex with 3 bedrooms per side. This 2 unit has large covered porch, garage, and alley access. Hyde Park is up and coming and close to downtown and West side. Live in one side and rent the other with opportunity for sweat equity. Must see as this will not last long!

Type:
Duplex
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Year built:
1920
Baths:
MLS#:
22004652
Subdivision:
Columbia Place

ADDITIONAL INFORMATION

Turnkey investment opportunity in a desirable part of town! This well-maintained 1-bedroom, 1-bathroom duplex close to Butler University offers great potential for rental income! House exterior painted with NEW roof and NEW gutters in Fall 2024. House features aluminum siding, hardwoods, partial basements, with all utilities separately metered. Each unit features a spacious living area, dining room, kitchen w/ ample storage, and a generous sized bedroom! Stable, long-term tenants in place. (3920 - $800 month - leased until 4/30/2025. 3922 - $700 month - leased until 12/31/2024.)

Type:
Cluster
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Year built:
1910
Baths:
MLS#:
22003687
Subdivision:
Rubens Wildwood

ADDITIONAL INFORMATION

Welcome to this exceptional multi-family property offering a solid investment opportunity. This all-brick four-plex stands out with its recent upgrades to kitchens and bathrooms, ensuring modern comfort and style. The property is 100% occupied, and each unit features 2 bedrooms and 1 bath, demonstrating its appeal in the rental market. The location is superb, just a short distance from educational, transit, shopping, and recreational amenities that enhance tenant living experiences and property value. Whether you want to expand your investment portfolio or venture into the real estate market, this property offers a compelling location, condition, and income potential package.

Type:
Cluster
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Year built:
1910
Baths:
MLS#:
22003686
Subdivision:
Rubens Wildwood

ADDITIONAL INFORMATION

Welcome to this exceptional multi-family property offering a solid investment opportunity. This all-brick four-plex stands out with its recent upgrades to kitchens and bathrooms, ensuring modern comfort and style. The property is 100% occupied, and each unit features 2 bedrooms and 1 bath, demonstrating its appeal in the rental market. With a practical and well-maintained parking lot at the rear, this property provides ample parking space for tenants, adding to its desirability. The location is superb, just a short distance from educational, transit, shopping, and recreational amenities that enhance tenant living experiences and property value. Whether you want to expand your investment portfolio or venture into the real estate market, this property offers a compelling location, condition, and income potential package.

Type:
Duplex
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Year built:
1920
Baths:
MLS#:
22003405
Subdivision:
Armstong Park

ADDITIONAL INFORMATION

**Investor Special: Cash-Flowing 2-Bed/1.5-Bath Duplex in Indianapolis** Part of a portfolio! Attention investors! This well-maintained, cash-flowing 2-bedroom, 1.5-bathroom duplex in Indianapolis offers both immediate returns and long-term potential. Key updates include a full electrical overhaul, a new roof in 2021, and durable vinyl plank flooring throughout the first floor, with cozy new carpet in both bedrooms. The vacant unit (#1031) was recently updated in 2024, featuring a modern kitchen with granite countertops, subway tile backsplash, and new cabinetry. The bathroom has also been fully renovated with a tiled shower and new flooring, making it move-in ready for a tenant or owner-occupant. With one unit already generating income and the other ready to rent, this property is a prime investment opportunity in the Indianapolis market! This property is included in a portfolio.Total Portfolio includes MLS listings #22003397, #21995212, #22003404 & #22003403.Total portfolio price is $1,100,000.00.Portfolio may be sold in groups, individually or as a whole. Photo credit in Marketing material provided by PMI Meridian Property Management Group.

Type:
Duplex
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Year built:
1910
Baths:
MLS#:
22003404
Subdivision:
M C Masters Sub T C Harrison & Cos Add

ADDITIONAL INFORMATION

Investor Special: Cash-Flowing 3-Bed/1.5-Bath Duplex in Indianapolis. Part of a Portfolio! Ideal for investors, this cash-flowing duplex offers two 3-bedroom, 1.5-bath units with extensive updates. Both units have had full electrical upgrades, new windows, and modern kitchens featuring granite countertops, subway tile backsplashes, and brand-new cabinetry. Unit #3721 underwent a complete renovation in 2022, featuring luxury vinyl plank flooring throughout and a beautifully tiled bathroom with updated shower and flooring. Unit #3723 is occupied by a very long-term tenant, with partial luxury vinyl plank flooring in place, providing immediate steady income. Whether you're looking for cash flow or long-term appreciation, this duplex is a prime investment in a desirable Indianapolis location. Don't miss out on this opportunity! This property is included in a portfolio. Total Portfolio includes MLS listings 22003397, 22003403, 22003405, 21995212.Total portfolio price is $1,100,000.00.Portfolio may be sold in groups, individually or as a whole. Photo credit in Marketing material provided by PMI Meridian Property Management Group.

Type:
Duplex
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Year built:
1910
Baths:
MLS#:
22003403
Subdivision:
Bryan

ADDITIONAL INFORMATION

**Investor Special: Cash-Flowing Duplex in Indianapolis** Part of a Portfolio! Seize this prime investment opportunity with a fully updated cash-flowing duplex in the heart of Indianapolis! This property underwent a complete renovation in 2022, featuring a new roof, updated electrical, plumbing, HVAC systems, and new windows, making it truly turnkey. The interiors showcase modern touches throughout, including luxury vinyl plank flooring, granite countertops with a stylish subway tile backsplash in the kitchen, and brand-new cabinetry. Both units boast elegantly tiled bathrooms with updated showers and flooring, ensuring tenant satisfaction and long-term rental appeal. This duplex offers immediate cash flow and long-term growth potential-ideal for any investor looking to expand their portfolio. This property is included in a portfolio.Total Portfolio includes MLS listings #22003397, #21995212, #22003404 & #22003405. Total portfolio price is $1,100,000.00.Portfolio may be sold in groups, individually or as a whole. Photo credit in Marketing material provided by PMI Meridian Property Management Group.

Type:
Duplex
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Year built:
1930
Baths:
MLS#:
22003397
Subdivision:
Armstrong Park

ADDITIONAL INFORMATION

Investor Special: Cash-Flowing 3-Bed/1.5-Bath Duplex in Indianapolis. Part of a Portfolio!This cash-flowing duplex is the perfect investment opportunity in Indianapolis, offering 3 bedrooms and 1.5 bathrooms per unit. Both units have received major upgrades, including full electrical updates, new windows, and modern kitchens featuring granite countertops, subway tile backsplashes, and brand-new cabinetry.Unit #3420 was recently updated in 2024, with a fully renovated kitchen and bathroom, including granite counters, new cabinetry, and stylish tile work in the shower and flooring-ready to attract quality tenants or owner-occupants. With a combination of recent upgrades and ongoing cash flow, this property is a fantastic addition to any investor's portfolio! This property is included in a portfolio. Total Portfolio includes MLS listings #22003403, 22003404, 22003405 & 21995212.Total portfolio price is $1,100,000.00.Portfolio may be sold in groups, individually or as a whole. Photo credit in Marketing material provided by PMI Meridian Property Management Group.

Type:
Duplex
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Year built:
1925
Baths:
MLS#:
22002731
Subdivision:
Cleveland Etal Central

ADDITIONAL INFORMATION

Charming Updated Cash Flowing Duplex! This property gross's $1750/mo in rental income. It was updated prior to the tenants moving in. Ideal for investors looking for a turn-key, well-maintained income generating property.

Type:
Duplex
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Year built:
1900
Baths:
MLS#:
21989967
Subdivision:
Avondale

ADDITIONAL INFORMATION

3 bed per side duplex with 1.5 baths on one side and 1 on the other. Each side is over 1300 sq ft of living space. Beautiful hardwood floors. Each side an a fully enclosed porch for extra living space. The is a detached one car garage that can be allocated to either unit or could be an additional income source. One side is vacant and the other has a long term tenant on month to month lease.

Type:
Duplex
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Year built:
1910
Baths:
MLS#:
21990198
Subdivision:
Avondale

ADDITIONAL INFORMATION

Check out the new addition to your portfolio walking distance the Children's Museum. 3 beds and 1.5 bath per unit gives this duplex tons of flexibility. You can live in one side and rent out the other, create a short term rental for the local amenities, or have student housing for the nearby universities. 3502 is vacant now and 3504 will be vacant by the end of July making it easy for you to leave your mark on this double!

Type:
Duplex
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Year built:
1910
Baths:
MLS#:
21989438
Subdivision:
Mayer & Metzgers

ADDITIONAL INFORMATION

Calling all Investors. Investment opportunity on Indy's near west side. Home is a renovation project and being sold as-is. Home is in Short Sale. Property is a duplex that has been platted into two condos. Both being sold together.

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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 46208 has a population of 880,104. Indianapolis 46208 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 46208 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 46208 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

    118
    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
Avondale Meadows Academy KG - 05 482 17.9 46205
Clarence Farrington School 61 KG - 06 567 12.1 46222
Crooked Creek Elementary School KG - 05 700 22.6 46228
Elder W Diggs School 42 PK - 06 534 16.7 46208
Flanner House Elementary School (Charter) KG - 06 228 17.4 46208
Fox Hill Elementary School KG - 05 806 22.4 46228
George W Carver School 87 PK - 08 336 15.3 46208
James Whitcomb Riley School 43 KG - 08 424 13.1 46208
Phalen Ldrshp Acad. - in Inc. KG - 03 294 36.8 46208
Riverside School 44 PK - 06 421 14.5 46202
Rousseau MC Clellan 91 KG - 08 476 17 46205
Stephen Collins Foster School 67 PK - 06 621 13.1 46222
Washington Irving School 14 PK - 06 524 16.9 46202

Middle Schools near Indianapolis, IN

School Grades Students P/T Ratio ZIP
Crispus Attucks Med Mgnt Jr Hs 06 - 08 629 16.6 46202
George Washington Comm Jr Hs 07 - 08 578 13.9 46222
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
Charles A Tindley Accelerated School 09 - 12 288 13.4 46205
Crispus Attucks Medical Magnet HS 09 - 12 540 13 46202
George Washington Community HS 09 - 12 848 16.1 46222
Herron High School 09 - 12 741 16.2 46202
Indianapolis Metropolitan High School 09 - 12 261 13.1 46222
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

Demographics near Indianapolis, IN 46208

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