Indianapolis IN Multi Family for Sale
- Type:
- Cluster
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 1 Acres
- Year built:
- 1929
- Baths:
- MLS#:
- 21989728
- Subdivision:
- No Subdivision
ADDITIONAL INFORMATION
Great addition to your investment portfolio with this cash cow! Unique setting off of Bluff road situated on just over and acre. Two ranch homes with basements and a total of 4 producing units. One large house near the front of the lot includes 3 units. Updated laminate hardwood flooring, cabinets, kitchens and baths! New water lines throughout and updated electrical. 2nd home is on the rear of the property and features an easily accessible basement and wrap around wood deck. This 1 BR/1BA has the same updates throughout. Spacious gravel drive and parking for all of the tenants. Property is in a great rental area.
- Type:
- Duplex
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1920
- Baths:
- MLS#:
- 21992621
- Subdivision:
- No Subdivision
ADDITIONAL INFORMATION
This 3 bedroom, 2 full bath home has been split into two units.The front unit is 2 bedrooms, a kitchen, living room, laundry room,full bathroom and bonus room that could be used as a third bedroom. It has beautiful original wood floors. The back side is a one bedroom full bathroom unit with it's own kitchen, laundry room and living room. It also has an attached garage. The home shares one HVAC system with WIFI controlled thermostat. The HVAC is 1.5 years old. The dual stoves and fridges are only 2 years old. The home could easily be made back into one unit or kept as is for income. It has been a successful rental with both sides occupied. New maintaince free metal roof. Property is two miles from the center of downtown. One mile from center of IUPUI, Riley Children's Hospital, IU Health, Eskanzi and the VA. One block from White River Promenade entrance and entrance to Indy Zoo.
- Type:
- Duplex
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1924
- Baths:
- MLS#:
- 21990354
- Subdivision:
- Haywoods Boulevard
ADDITIONAL INFORMATION
Investor's Gem or Perfect House-Hack in Christian Park! Step into this exceptional duplex, located in the desirable Christian Park neighborhood on the near eastside, just a 10-minute drive from downtown Indianapolis. Both units were thoughtfully updated in 2023, and the roof was replaced in 2022, ensuring peace of mind for years to come. The vacant unit is move-in ready, offering an ideal opportunity for an owner-occupant or a new tenant. The other unit is tenant-occupied, bringing in $850 per month (exp 5/30/25). With tenants paying all utilities, the property is designed for optimal cash flow. Given the updated condition and prime location, hitting or exceeding the 1% rule should be no problem. The mirror-image units are spacious and modern, and both have laundry hookups and central heat/air, appealing to renters and owners alike. Currently under professional management, the new owner has the option to retain these services for a seamless transition, making this property an easy and profitable addition to any portfolio. Don't miss out on this incredible opportunity to invest in a turnkey property with immediate income potential. Schedule your showing today!
- Type:
- Duplex
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1929
- Baths:
- MLS#:
- 21990300
- Subdivision:
- Julian Etal Spring Gardens South
ADDITIONAL INFORMATION
INVESTORS check out this cash flowing property. This is a unique opportunity to own 2 single family homes on one lot. Unit 1 is a 2 bedroom/1 bath unit. It has a small shed with fenced backyard. Tenant pays $1200/mo and is responsible for all utilities. Unit 2 sits behind the front house off of the alley and has off street parking and fenced in area as well. It is a 1 bed/1 bath. This tenants pays $975/mo and is responsible for all utilities. . Please do not disturb tenants.
- 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:
- 1926
- Baths:
- MLS#:
- 21989906
- Subdivision:
- No Subdivision
ADDITIONAL INFORMATION
Great addition to you investment portfolio or house-hack, live in one side and rent the other! Great location, walking distance to Linwood Square, Irvington, and Little Flower. Spacious Duplex, 1BR each side, one level with full basement for additional storage or add a bedroom. Original hardwoods, good size primary BR, Family Room and separate Dining Room along with full basement give plenty of space for tenants to stretch out and storage. Newer Roof, HVAC and new water heater in one side. 2 Car garage for an extra amenity or additional rent. Alley access for off street parking. On bus route as well. Landlord pays water/sewer bill, tenants cover all other utilities. One side currently rented on month to month lease. Lots of rehab and revitalization taking place in area. Solid double needing cosmetics and a deep clean. Wonderful opportunity! Ideally located to parks, golf, bike trails, downtown, entertainment, shopping and highways!
- Type:
- Other
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- 2
- Lot size:
- 0.16 Acres
- Year built:
- 1925
- Baths:
- 1.00
- MLS#:
- 202425343
ADDITIONAL INFORMATION
Attention Investors! Great Opportunity! Property is in foreclosure/receivership and is being sold as is. No prsonal items or debris wil be removed by seller. Utilities are not on and will not be connectd by seller. All offers are subject to court approval. Room measurements have not been taken, buyer's agent will have the responsibility of measuring should they be required. No sign in yard.
- 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.
- Type:
- Cluster
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1950
- Baths:
- MLS#:
- 21989362
- Subdivision:
- No Subdivision
ADDITIONAL INFORMATION
4 Units Newly Remodeled , Two 1 bedroom 1 bath Units. One 2 bedrrom 1 bath Unit , One 3 Bedroom 1 Bath unit
- Type:
- Duplex
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1899
- Baths:
- MLS#:
- 21987664
- Subdivision:
- Johnson & Hogshire
ADDITIONAL INFORMATION
Are you ready to up your Investment Portfolio? Take advantage of this amazing opportunity to own a duplex in the Indianapolis Downtown area! This property has undergone fire damage and is ready for the next Investor's strategic plan to join the movement of homeowners that are revitalizing this wonderful community. The property is being sold as-is. Reach out today and let's discuss how we can make this a reality for you!
- Type:
- Duplex
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1920
- Baths:
- MLS#:
- 21984186
- Subdivision:
- No Subdivision
ADDITIONAL INFORMATION
This tenant-occupied Tuxedo Park duplex has been tastefully updated, and is ready for its new owner! Each side includes a spacious living room, formal dining area, large kitchen, and upstairs has two bedrooms and a full bathroom! As of right now, total rental income for both sides is around $1,750/mo. However, rents have been steadily increasing in the area, so the next tenant turn means it's time for a rent increase! This property is being sold as a part of a 16 unit portfolio. Portfolio BLC numbers are: 21981814, 21981810, 21981802, 21981820, 21981817, 21981809, 21981807, 21981816, 21981806, 21981800, 21981811, 21981796, 21981813, 21981818, 21984186, 21981803. The portfolio has been valued at over 3.5 million. The seller is willing to accept an offer of $3,000,000 for the entire portfolio!
- Type:
- Duplex
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1917
- Baths:
- MLS#:
- 21981810
- Subdivision:
- No Subdivision
ADDITIONAL INFORMATION
The marvelously updated Bates-Hendricks duplex is an investor's dream! Each side has 3 bedrooms and 2.5 bathrooms, allowing you to maximize rents and get a great return on your investment! As it stands, this property is bringing in over $3000/month. However, rent estimation websites indicate the average rent for a home this size in the area is $1900 (per-side), so there may be an instant opportunity to improve ROI! This property has been gutted to the studs and will have your tenants proud to call it home! This property is being sold with a larger portfolio with the blc numbers: 21981814, 21981810, 21981802, 21981820, 21981817, 21981809, 21981807, 21981816, 21981806, 21981800, 21981811, 21981796, 21981813, 21981818, 21984186, 21981803. The portfolio is valued at over 3.5 million. The seller is willing to accept an offer of $3,000,000 for the entire portfolio!
- Type:
- Duplex
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1940
- Baths:
- MLS#:
- 21985855
- Subdivision:
- Mccartys South Add
ADDITIONAL INFORMATION
7 bedroom, 4 bathroom, 2 kitchen, 2 Laundry sfr house OR duplex conversion OR an owner-occupied duplex! There are 3BR, 2 full BA downstairs; 4BR, 2 full BA upstairs. No current leases in place. The property comes with Central Air (new 2020), 2 water heaters (new 2020), heat pump (new 2020), newly insulated exterior walls. Painted with new flooring (2022). All furniture stays with the property. Property being sold as-is, furniture included (HIT Man solution foundation repair work estimate on file$33,500 Estimate) - Available upon request. Property currently occupied with a caretaker that cleans and maintains the site (no lease in place). 5M Inspection already available for sale from previous purchaser. Zillow says 7 bathrooms on the main floor - this is not accurate. Reference the remarks here and unit breakdown for correct numbers.
- Type:
- Cluster
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1940
- Baths:
- MLS#:
- 21983535
- Subdivision:
- Morton Place
ADDITIONAL INFORMATION
Attention savvy investors and buyers - 4 PLEX - HERRON MORTON - Surrounded by high-end luxury single-family homes and development. All units have private laundry - private entry - 3 Car detached garage with separate bays and service doors for additional income. All units have central air - All units are all electric. Tenants pay electric - owner pays water and sewer. No gas. One block from the new "The Grounds" retail and multi-use development. 3 Units are occupied and one is vacant and move-in ready for showings. HUGE UPSIDE with this location and two buildings for generations to come.
Open House:
Sunday, 11/10 4:00-6:00PM
- Type:
- Duplex
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1920
- Baths:
- MLS#:
- 21983130
- Subdivision:
- Fultons Nowland Avenue Addition
ADDITIONAL INFORMATION
SPRINGDALE DUPLEX Nestled among the mature trees, this up-down duplex offers 4 beds/2.5 one unit on the main and upper floor and 1 bed/1bath basement for the other unit! This has THREE parcels including the duplex, a vacant lot, and a three car garage with extra lot space! This fully-fenced in the yard will make you feel like you are in your own little oasis! With 10' ceilings on the main floor, the natural light flows throughout! The primary bedroom is on the main floor with renovated ensuite bathroom and a tranquil deck. Another spacious bedroom is adjacent to the flex room with beautiful stained glass windows. The second floor offers two bedrooms with a spacious second living space and a full bathroom. The basement offers a full kitchen, bathroom, living room and bedroom - separate entrance! Minutes away from Spades Park, Circle City Industrial Complex, Mayfair Taproom, Rabble Coffee, 8th Day Distillery, Bottleworks, Monon Trail, Kan Kan, Amelia's.
- Type:
- Duplex
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1900
- Baths:
- MLS#:
- 21982255
- Subdivision:
- State Square
ADDITIONAL INFORMATION
Investors dream duplex! Seize this incredible investment opportunity with this duplex located just minutes from downtown and fountain square. Live on one side and rent the other. This duplex offers great rental potential and is perfect for investors looking to expand their portfolio. Being sold as-is, it's a goldmine for savvy investors looking to capitalize on the area's transformation and rising property values. Act fast - properties like this don't stay on the market long!
- 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!
- Type:
- Duplex
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1910
- Baths:
- MLS#:
- 21977680
- Subdivision:
- Adams George F
ADDITIONAL INFORMATION
PRICE IMPROVED!! Welcome to your next investment gem located in the thriving near eastside of Indianapolis! This great remodeled duplex presents an ideal turnkey opportunity for discerning investors and house hackers seeking stable rental income with a potential for long term appreciation. Renovated just a few years ago, this duplex offers two spacious units, each with 3 bedrooms, 1 bathroom, and a generous 1232 square feet of living space. Additionally, both units feature full unfinished basements with laundry hookups, providing added convenience and storage options. Currently one side is occupied (926) and one is vacant, making this property a great option for both investors and house hacking owner occupants. The occupied side has a gross rent of $1150 per month, and the other unit could most likely get $1200-1300 or much more if section 8. Tenants are responsible for all utilities and the property is under professional management, streamlining operations and expenses for the owner. Moreover, with downtown Indianapolis just a quick 10-minute drive away, residents enjoy easy access to urban amenities, employment opportunities, and entertainment options. Situated amidst a backdrop of ongoing development, this duplex is strategically positioned to capitalize on the area's growth and appreciation potential. Don't miss out on this prime opportunity to secure a turnkey rental property near downtown Indianapolis! Property sold as-is.
- Type:
- Duplex
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1946
- Baths:
- MLS#:
- 21976906
- Subdivision:
- Estep & Cos
ADDITIONAL INFORMATION
Turnkey investment opportunity in a growing part of town! This all-brick duplex is a clean 1 bed, 1 bath on each side. LVP flooring, fresh paint. It's ready for tenants! This is walking distance to Sam's Square Pies, Gomez BBQ, 18th Street Brewing, Tik-Tok Lounge, and many other local spots!
- 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:
- 1910
- Baths:
- MLS#:
- 21972083
- Subdivision:
- Caven & Rockwood
ADDITIONAL INFORMATION
Perfect investment opportunity! 2-unit duplex just blocks away from downtown Fountain Square, shopping, and easy interstate access! Some updates have been done, such as flooring, paint, countertops, faucets, sinks, light fixtures, and much more! Nice sized backyard for a detached garage or shed to be put in. Both Units have separate utility meters except for water and both tenants have given owner back an average usage amount every month. #A has electric and gas (traditional furnace and window AC) and #B is total electric (baseboard heat and window AC). These units are purposely vacant due to seller selling. #A has rented for $1,095 and #B has rented for $795.
- Type:
- Cluster
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1939
- Baths:
- MLS#:
- 21971407
- Subdivision:
- Mars Hill
ADDITIONAL INFORMATION
Introducing a versatile commercial property tailored to your business needs! This spacious property boasts of four individual office spaces, each equipped with its own dedicated bathroom facilities for added convenience. Completely recently renovated with new flooring, new windows, and freshly painted! Whether you're running a startup or an established business, this flexible space offers the ideal environment to thrive. Use your space to run your business and rent out the other three spaces. With ample traffic flow, and a prime location, seize the opportunity to elevate your business operations. Basement can be finished out for even more space. You could use one space for business and rent out the other 3. Lots of possibilities. Duplicate listing of BLC # 21968016
- 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.
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.
Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. IDX information provided by the Indiana Regional MLS. Copyright 2024 Indiana Regional MLS. 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.