Indianapolis IN Multi Family for Sale
- 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:
- 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#:
- 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:
- 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:
- 1911
- Baths:
- MLS#:
- 22006446
- Subdivision:
- Pickens & Loftins
ADDITIONAL INFORMATION
ATTENTION INVESTORS!!! This stunning duplex, situated on Indy's near east side, is just a stone's throw from downtown, making it an ideal location for renters. Fully renovated in 2021, each unit features 3 bedrooms and 2 bathrooms, offering spacious living areas perfect for tenants. This property presents an excellent opportunity with the potential for increased rents and property values in a rapidly developing area. The property has been professionally managed since renovation, ensuring a turn-key, income-producing experience from day one. Don't miss out on this chance to invest in a prime piece of real estate that combines modern living with a strategic location! Property can be sold individually or as part of a package with 41 N Beville Ave (BLC# 22006427).
- 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:
- Duplex
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1920
- Baths:
- MLS#:
- 22005137
- Subdivision:
- No Subdivision
ADDITIONAL INFORMATION
This newly renovated modern duplex home with 3 bedrooms and 1.5 baths with new flooring and fresh paint throughout is now available! Once you step inside you will love your large living area and main floor bedroom. Head into your newly renovated kitchen that includes new appliances, granite countertops, cabinetry & subway tile backsplash. Upstairs you'll find two more large bedrooms and your completely updated full bathroom. This gorgeous bathroom includes vanity, tub/shower, tile tub surround, new floors and more! You'll enjoy relaxing in your privacy fenced in backyard, just minutes from Downtown Indy! Laundry hook ups in basement. Off street parking pad in back. Come see this incredible rental opportunity today!
- 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:
- 1986
- Baths:
- MLS#:
- 22005202
- Subdivision:
- Arsenal Park
ADDITIONAL INFORMATION
Discover an outstanding investment opportunity with this charming duplex located at 1409 and 1411 Marlowe Ave in the heart of Indianapolis. Each side features three spacious bedrooms and one full bathroom, making this property perfect for both seasoned investors and those entering the real estate market. Situated just minutes from downtown Indianapolis, this duplex offers convenient access to the Monon Trail and the vibrant Bottleworks District, known for its shopping, dining, and entertainment. This prime location ensures a strong demand for rentals and great potential for appreciation in value. The open floor plans of both units create a welcoming atmosphere, enhanced by large windows that fill the spaces with natural light. Modern kitchens are equipped with ample counter space and essential appliances, perfect for culinary pursuits. Each unit's three well-sized bedrooms provide comfortable living spaces, while the conveniently located full bathrooms serve essential needs. With separate entrances and utilities, privacy and functionality are maximized for each unit. Investors will find significant potential for passive income, given the growing demand for rental properties in the 46201 zip code. Recent comparable properties highlight strong rental rates, making this duplex an attractive prospect for diversifying any investment portfolio. Don't miss this unique opportunity to own a duplex in a sought-after Indianapolis location. This property is ideal for anyone looking to embark on or expand their real estate journey. Explore the possibilities that 1409 and 1411 Marlowe Ave have to offer! Major renovation has already started on the 1411 Marlowe side. Many materials are there including kitchen cabinets, all bathroom vanities, new Anderson windows, front doors, back door, and HVAC duct work.
- Type:
- Duplex
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1910
- Baths:
- MLS#:
- 22004916
- Subdivision:
- J L Millers
ADDITIONAL INFORMATION
Nice income producing duplex located very close to Brookside Park. Both units have 2 bedrooms and 1 bathroom. Newer furnace and water heaters. Both units are Section 8 leased units.
- 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:
- 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:
- 1860
- Baths:
- MLS#:
- 22005170
- Subdivision:
- No Subdivision
ADDITIONAL INFORMATION
This two-unit duplex presents an exceptional opportunity for real estate investors seeking immediate cash flow. The property features long-term tenants, ensuring a steady rental income from the outset. Additionally, the duplex includes a spacious two-car garage and a sizable basement. This property represents an ideal foundation for building a successful real estate portfolio. Schedule an appointment today to explore this investment opportunity.
- Type:
- Duplex
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1925
- Baths:
- MLS#:
- 22004628
- Subdivision:
- Hartmans Add Robison & Voorhees
ADDITIONAL INFORMATION
Welcome to a fantastic investment opportunity or house hacker's dream! This spacious duplex, located just minutes from downtown Indianapolis, offers two well-maintained 3-bedroom, 1-bathroom units, each approximately 1,540 sq ft. One side is currently tenant-occupied ($995/mo), providing immediate rental income with plenty of upside, while the other side is vacant and move-in ready, making it perfect for an owner-occupant or another tenant. Each unit features central heat/air, and separate utility meters, with tenants covering all utility costs. With its ideal layout and prime location, this property offers endless possibilities. Investors can capitalize on consistent rental demand, and house hackers can enjoy living in one unit while renting out the other to offset living expenses. The property's proximity to downtown Indy ensures access to jobs, shopping, dining, and entertainment while maintaining a peaceful residential feel. Priced to sell, this property is a must-see for those looking to expand their portfolio or make a smart home investment. Don't miss your chance to secure a property with so much potential!
- Type:
- Duplex
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1949
- Baths:
- MLS#:
- 22004100
- Subdivision:
- Windsor Village
ADDITIONAL INFORMATION
Check out this income producing duplex. One side is rented for $775/mo. The other side is vacant for owner occupied or immediate tenant placement. A couple minor cosmetic items to do, otherwise easy to rent. Large back yard and individual parking areas for each.
- 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#:
- 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:
- 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.
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 $249,900. 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 $249,900. 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 has a population of 880,104. Indianapolis is less family-centric than the surrounding county with 26.56% 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 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 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.