Indianapolis IN Multi Family for Sale

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Type:
Duplex
Sq.Ft.:
n/a
Status:
NEW LISTING
Beds:
n/a
Year built:
1920
Baths:
MLS#:
22010495
Subdivision:
Brightwood

ADDITIONAL INFORMATION

This duplex has 3 bedrooms and 2 full bathrooms on each side. Fully renovated - roof 2 years old, new insulation, windows, light fixtures, siding, electrical, plumbing and drywall. Kitchen and bathrooms all new in both units. Nice covered porch for both units on front side. This duplex is ready for tenants. Only thing left to do is to put in new steps to back door on each unit. Owner renovated but has not rented out to anyone yet.

Type:
Duplex
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Year built:
1960
Baths:
MLS#:
22007705
Subdivision:
N Brandywine Hts

ADDITIONAL INFORMATION

Check out this solid all-brick duplex located in the heart of Indianapolis close to Frederick Douglass Park. This property offers endless potential for both investors and owner-occupants alike. Each unit features 2 bedrooms and 1 bath with spacious living areas. This duplex is full of opportunity.

Type:
Cluster
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Year built:
1920
Baths:
MLS#:
22004687
Subdivision:
Fletcher South Brookside

ADDITIONAL INFORMATION

This income producing property houses four tenants in separate studios. Each unit has private entrance, bath, kitchen and living space. Fully occupied. Rent varies with each unit but average just under $900 per month. Exact leases and rent rolls to be provided to serious buyer. 48 hour notice for showings please. 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:
1920
Baths:
MLS#:
22006583
Subdivision:
Brightwood

ADDITIONAL INFORMATION

DUPLEX ready to go for new owner/tenants! Recently updated 1 bedroom (each side) duplex. Owner recently refreshed the paint, installed new carpet, updated lighting and added appliances. Both bathrooms have received new vanities and commodes. The windows on the property are vinyl clad and double paned. The mechanicals have recently been inspected/serviced and are in good working condition.

Type:
Duplex
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Year built:
1960
Baths:
MLS#:
22005618
Subdivision:
Sangster Harrison

ADDITIONAL INFORMATION

Well maintained, brick duplex located near Frederick Douglas Park. Both units are currently occupied at $1,563 per month.

Type:
Duplex
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Year built:
1953
Baths:
MLS#:
22004906
Subdivision:
Clarkes Brookside Gardens

ADDITIONAL INFORMATION

Portfolio Alert! Looking to add to your portfolio or just starting and want want to create a portfolio. Look no further! This attractive portfolio features a collection of well-maintained duplexes, each comprising 1 bedroom and 1 bath. The properties boast a classic all-brick exterior, providing durability and timeless appeal. Units rent at $775 each.

Type:
Duplex
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Year built:
1953
Baths:
MLS#:
22004902
Subdivision:
Clarkes Brookside Gardens

ADDITIONAL INFORMATION

Portfolio Alert! Looking to add to your portfolio or just starting and want want to create a portfolio. Look no further! This attractive portfolio features a collection of well-maintained duplexes, each comprising 1 bedroom and 1 bath. The properties boast a classic all-brick exterior, providing durability and timeless appeal. Units rent at $775 each.

Type:
Duplex
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Year built:
1953
Baths:
MLS#:
22004892
Subdivision:
Clarkes Brookside Gardens

ADDITIONAL INFORMATION

Portfolio Alert! Looking to add to your portfolio or just starting and want want to create a portfolio. This attractive portfolio features a collection of well-maintained duplexes, each comprising 1 bedroom and 1 bath. The properties boast a classic all-brick exterior, providing durability and timeless appeal. Units rent at $775 each.

Type:
Duplex
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Year built:
1945
Baths:
MLS#:
22002808
Subdivision:
Arlington

ADDITIONAL INFORMATION

This is a 1945's rehabbed single story 4 bedroom 2 bath 2 laundry 2 kitchens duplex or SFR transitional housing opportunity. For the non-traditional investment approach at $200 per bed per week this recently improved investment can be filled within 30 days. We have the management piece already put together for you. At the suggested rate the investment is projected to Gross $44,000. Expense estimates/projections: Water/Sewer/Gas $87 per month, Electric $128 per month, Insurance $150 per month, Property Taxes $93 per month, Property Management $733 per month. We inflated utility expenses to approximately $250 per month to give us a pro-forma of $14,720 in total expenses (including management fee). Cash Flow on the investment would bring an estimated $17,855 per year for an investor bringing 20% down and a mortgage payment of $952 per month. Bringing a proforma cash on cash return estimate of 45%.

Type:
Duplex
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Year built:
1900
Baths:
MLS#:
21998715
Subdivision:
10th Sub

ADDITIONAL INFORMATION

Conveniently located, fully updated duplex just minutes from downtown Indianapolis! Both sides feature 3 bedrooms, 1.5 bathrooms, in-unit laundry, well appointed kitchen with stainless appliances and granite counters, comfy living room with neutral paint and LVP flooring, updated bathrooms with custom tile surrounds and a fenced in backyard and large front porch. One side (unit 25) is fully furnished and perfect for an Airbnb or for a traveling nurse. All furnishings are negotiable. The other side (unit 27) is newly vacant and is either waiting for it's new tenant or the perfect spot for you to move in and occupy. Both units are viewable with easy showing.

Type:
Duplex
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Year built:
2024
Baths:
MLS#:
21981725
Subdivision:
Fletchers Oak Hill

ADDITIONAL INFORMATION

INVESTMENT ALERT: Come check out Indy's Newest Construction Multi-Unit Homes!!! Vertical 2-Unit property available in several locations across market. Perfect for an owner occupant with cash flow potential in the 2nd unit or portfolio builder for investors! Builder utilizes LVP throughout, granite countertops & multiple color options for exterior. Multiple Lots available, 2 on Ingram! We can even build on your own lot....reach out today or schedule an appointment to tour our builds, review lot availability & building specs ! Every Unit comes supported by 2-10 Builder's Warranty!

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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 46218 has a population of 880,104. Indianapolis 46218 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 46218 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 46218 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

    142
    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
Andrew Academy KG - 08 222 15.3 46218
Anna Brochhausen School 88 PK - 06 337 17.7 46218
Arlington Woods Elementary School KG - 06 486 14.3 46218
Avondale Meadows Academy KG - 05 482 17.9 46205
Brookside School 54 KG - 06 552 12.3 46201
Christian Park School 82 KG - 06 411 16.4 46201
James Russell Lowell School 51 PK - 06 589 16.8 46218
Joyce Kilmer School 69 KG - 06 376 15 46218
KIPP INDY Unite Elementary KG - KG 103 11.4 46218
Paramount School of Excellence KG - 08 616 20.5 46201
Rousseau MC Clellan 91 KG - 08 476 17 46205
Thomas D Gregg School 15 PK - 06 640 14.6 46201

Middle Schools near Indianapolis, IN

School Grades Students P/T Ratio ZIP
H L Harshman Middle School 07 - 08 587 83.9 46201
KIPP INDY College Prep. Middle 05 - 08 347 13.3 46218
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
Arsenal Technical High School 09 - 12 1,831 14 46201
Charles A Tindley Accelerated School 09 - 12 288 13.4 46205
Thomas Carr Howe Comm High School 07 - 12 633 14.6 46201

Ungraded Schools near Indianapolis, IN

School Grades Students P/T Ratio ZIP
* Excel Center for Adult Learners 09 - 12 1,348 26.9 46205
Indiana School for the Deaf PK - 12 344 15.6 46205

Demographics near Indianapolis, IN 46218

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