Investment opportunity at 334/336 N Temple Avenue! This side-by-side duplex features two spacious units, each offering 3 bedrooms and 2 full bathrooms. The property provides immediate rental income with additional value-add potential through gradually increasing rents to current market levels over time. With desirable unit sizes, separate entrances, and functional layouts, this duplex is well suited for investors looking to expand their portfolio and improve long-term cash flow.
Don't miss this fantastic duplex in the desirable Englewood neighborhood, offering two spacious 2-bedroom, 1-bathroom units-perfect for investors looking to expand their portfolio or owner-occupants seeking rental income. Each unit features a bright and inviting floor plan with a large living room that flows seamlessly into a formal dining room, creating an open and functional living space. The generously sized kitchen comes complete with a refrigerator and stove, providing plenty of cabinet and counter space for everyday living. Just off the kitchen, a door leads to a private back deck, offering a great spot to relax or entertain. Upstairs, you'll find two spacious bedrooms with ample closet space and an updated full bathroom. Large windows throughout each unit fill the home with abundant natural light, enhancing the warm and welcoming atmosphere. Ideally located just minutes from downtown Indianapolis, this property offers convenient access to major highways, restaurants, shopping, parks, and entertainment. Whether you're looking to add a solid income-producing property to your portfolio or live in one unit while renting the other, this well-located duplex is an opportunity you won't want to miss!
Welcome home to this beautifully designed 2-bedroom, 2.5-bath residence offering 1,320 square feet of comfortable, modern living space. The home features clean finishes, an open-concept layout, a contemporary kitchen, and a private entrance. Both oversized bedrooms measure approximately 16' x 11', providing plenty of room for additional furniture, a workspace, or a sitting area. Conveniently located near parks, local shops, dining, and downtown Indianapolis, this home offers easy access for commuting and exploring everything the city has to offer.
The Allen Apartments - A Rare Historic Investment Opportunity in Herron-Morton An exceptional opportunity to acquire a landmark multifamily property in one of Indianapolis' most desirable historic neighborhoods. Known as The Allen Apartments, this impressive three-unit residence offers historic character, timeless architecture, and outstanding long-term investment potential. Each spacious apartment providing immediate income while offering significant opportunity for future rental growth through thoughtful modernization. Built in 1913 by Mathilda Allen, former residence of JK Lilly Jr and other early noteworthy pharmaceutical pioneers. Seller is retiring, prefers a clean deal and no contingencies.
2421 North Capitol Avenue, Indianapolis, IN. Turnkey investment opportunity or ideal owner-occupant setup. Each unit offers 4 bedrooms and 2 full baths, featuring updated finishes, functional layouts, and strong rental potential. Convenient location near downtown, close to parks, Ivy Tech, and neighborhood revitalization projects. Whether you're looking to live in one unit and rent the other, or add a solid property to your portfolio, this one checks the boxes
Beautiful investment opportunity in the heart of Franklin Township! This lovely lot features two separate units (main house and detached ADU) that are both updated and fully leased. Main house is leased for $2400/month, while the ADU brings in $1250/month. Perfect for any investor looking to expand their portfolio. Don't miss this one!
New construction townhomes near Fountain Square being sold as a 3 unit apartment building. 2 bedrooms / 3.5 baths per unit. High end finishes throughout. Attached 1 car garage for each unit.
Beautifully remodeled duplex adjacent to historic Irvington in Indianapolis. Close to Howe High School, just west of Emerson Avenue. One side has 3 bedrooms, two of which are upstairs. Both units have full basements with a livable family room in each side. The other side has one bedroom but it has a large formal dining room. Both units also have a 2-season room in the back. Home has been impartially inspected and all issues have been corrected. Great opportunity to have income property OR to live in one side and let the other side help pay. Home features new cabinets, new flooring, new paint etc.
Fantastic Investment Opportunity in Indianapolis! This income-producing duplex generates approximately **$2,200 per month** in rental income and offers an excellent opportunity for investors or owner-occupants. Each unit features **3 bedrooms and 1 full bathroom**, providing spacious and desirable living space. The property has been updated with new windows, new flooring, fresh interior paint, and numerous additional improvements, making it move-in ready while minimizing future maintenance. Located in a convenient Indianapolis neighborhood with easy access to schools, shopping, dining, parks, and major highways, this duplex is well-positioned to attract and retain tenants. Whether you're looking to expand your rental portfolio or offset your mortgage by living in one unit and renting the other, this property offers strong cash flow, modern updates, and long-term investment potential. Schedule your showing today!
Incredible opportunity on this multi-family property in Crown Hill neighborhood. Bungalow duplex in burgeoning area. Located near transportation, schools, parks, and more. Situated on wooded lot with privacy. Covered front porch. Unfinished basements with plenty of storage. Needs repairs throughout. Fair amount of fire damage throughout. Priced to sell with plenty of upside. This is a must see!
Discover an exceptional living and investment opportunity at 4726 & 4728 N College Ave, Indianapolis, IN. This grand three-story duplex features 3 Bedrooms and 1.5 Baths, 1 car garage & 1 carport in each unit. Extensively remodeled, top-to-bottom, the duplex seamlessly preserves the property's historic architectural character while introducing premium contemporary updates. Recently updated Chef's Kitchen serves as the functional heart of the home, featuring sleek stainless steel appliances, modern finishes, and an efficient layout perfect for everything from daily meal prep to entertaining. The Living Room offers a warm and inviting retreat centered that serves as an elegant focal point for relaxation and social gatherings. Generous Lot Size: Situated on an expansive 8,668-square-foot lot that offers rare space and privacy in the heart of the city. Private Yard: A dedicated outdoor oasis providing an exclusive canvas for gardening, pets, outdoor dining, and leisure. This meticulously updated duplex perfectly bridges classic 1925 charm with 21st-century luxury. Whether you are looking for a sophisticated primary residence with income potential or a standout addition to your investment portfolio, this property is ready for its next chapter.
Investors take note. Duplex with 3 bedrooms and 1 1/2 bathrooms on each side. Solid surface flooring throughout. Main levels feature large living space connected to upgraded kitchen area. 3 bedrooms on the upper level with spacious room sizes as well. Unit A is vacant and Unit B will be vacant by September 1st. Easy access to downtown and nearby amenities makes this an attractive offering for investors or someone wanting to live on one side with passive income on the other side.
Turnkey income duplex in the heart of the Monon 16 corridor! This 1910 two-story duplex offers two units, each with 2 bedrooms and 1 bathroom, for a total of 4 bedrooms and 2 bathrooms across 1,036 sq ft. Both units are currently occupied with leases in place through 2027, delivering combined monthly rental income of $2,550, a stabilized cash-flowing asset from day one. Unit 1622 features updated kitchen and bathroom flooring, and both units have been freshly painted. In-unit laundry is available on each side. The property sits on a 5,619 sq ft lot with a chain-link fenced yard and on-street parking. Forced-air gas heat and central electric AC keep both units comfortable year-round. Block foundation, brick and wood construction. Location is a major draw: Short distances from the Monon Trail, local restaurants, co-working spaces, schools, and Frank and Judy O'Bannon Old Northside Soccer Park. Great opportunity for an investor to add a stabilized, occupied asset with long-term leases already secured. Schedule showings with advance notice due to current occupancy.
1515 E Michigan St is a well-maintained 5-unit multifamily investment opportunity located just minutes from downtown Indianapolis. The property sits in a strong rental corridor near Holy Cross, Arsenal Heights, Cottage Home, and the Mass Ave corridor, with continued residential and commercial development throughout the surrounding area. The front building consists of four units, with a fifth unit created from a converted garage, offering a functional and efficient unit mix attractive to long-term tenants. The current owner has consistently maintained the property during their ownership, supporting stable operations and long-term tenant retention. The property is primarily tenant-occupied with two units currently available for immediate showings, offering flexibility for investors or owner-occupants. Strong rental demand and convenient access to downtown, major thoroughfares, and neighborhood amenities support long-term performance.
INVESTOR ALERT!!!! This IRVINGTON income producing DUPLEX is ready to be yours. Property is fully occupied, New AC in one unit, roof is in good condition and 2 car detached garage is included. Both units have full basements with laundry and great extra storage. Nice hardwoods in most of the home and screened in porches in the front on both sides for extra space to relax. Each side has its own driveway leading to the shared 2 CAR GARAGE. The driveways connect making it a breeze to get in and out without having to back up. Prime road frontage is helpful when renting. Add it to your portfolio today!
This gorgeous, spacious 2 bed, 1 bath duplex has been recently remodeled and offers hardwood floors throughout and bright, fresh gray paint. Relax on the covered front porch or enjoy the sunroom just off the dining room. The home also features a rear parking pad, window A/C units, refrigerator, stove, and washer/dryer hookups off the kitchen. One unit is occupied. Please do not disturb the tenant. One unit can be shown today! The occupied unit can be shown with an accepted offer. Book a showing today!
Welcome to this recently renovated 1 bed, 1 bath duplex just minutes from Mass Ave, Downtown, and Fountain Square! Enjoy a refreshed kitchen and bathroom, fresh paint throughout, and a prime location close to some of the city's best dining and entertainment. To limit tenant disturbance, there will be no in-person showings without an accepted offer, but video walkthroughs are attached to the listing. One unit is occupied, and the tenant of the other unit just moved out and it is being turned over now. Preference is to sell this duplex as part of a portfolio package totaling seven units. The package includes: 406 S. Lasalle St (single-family home with 2 bedrooms and 1 bathroom), and 3702 N. Kenwood Ave (duplex with 2 bedrooms and 1 bathroom per unit). Together, these properties comprise seven income-producing units, offering a strong, diversified revenue stream. Leases/Ledgers are available for each occupied unit.
Check out this investment opportunity in Indianapolis' Eastside! This four-unit multifamily property at 2438 E. Washington Street offers immediate income potential with one unit currently leased at $850 per month and three additional units vacant and rent-ready, providing the perfect opportunity for an owner-operator or investor to place tenants at current market rates. The property features one bed units with two units on the main level and two units on the upper level. Residents enjoy in-unit air conditioning, on-site laundry facilities, off-street parking, and owner-operator enjoys the convenience of a dedicated basement mechanical room for streamlined maintenance and operations. Located along the East Washington Street corridor, this property provides easy access to downtown Indianapolis, major employers, public transportation, and nearby amenities. Tenants will appreciate proximity to the vibrant neighborhoods of Irvington and Downtown Indianapolis, along with quick access to shopping, dining, parks, entertainment, and major commuter routes including I-70 and I-65. Whether you're looking to expand your portfolio or acquire a value-add asset with immediate upside, this quadplex offers the rare combination of existing cash flow, vacancy-driven income growth, and a highly accessible location.
Rare investment or custom build opportunity in the heart of historic Herron-Morton Place! This brick-and-frame double has been fully stripped to the studs, offering a true clean slate for an investor or owner-occupant looking to build equity. The 2024 side is well underway with extensive rough-in work nearly completed, including updated electrical, plumbing, and HVAC ductwork. The majority of windows have been restored, repainted, and are either installed or on-site ready for installation. The 2022 side is completely gutted and framed, ready for immediate construction. Solid bones and exceptional potential in one of downtown's most desirable historic neighborhoods-bring your vision and transform this structure into a neighborhood gem!
Pristine duplex near Hawthorn Park. Excellent opportunity to live in one side and let rents from the other side cover your mortgage. Or, use it for multi-generation living with grandma on one side and adult kids on the other side. Or, use both sides for investment income. One simple modification could convert this 1700+ sq ft duplex into a 3BR, 2 full bath single-family residence. Clean, dry basement with loads of storage and laundry area. Gas, forced air heat, central air. 2-car carport, storage shed. Large covered front porch with 2-person glider for morning coffee or evening relaxation. Single HVAC system supports both units, rented at $950/mo, including utilities.
Thinking about buying your first home? Looking to expand your rental portfolio or purchase an owner occupied income-producing property, then this bungalow duplex gives you options and flexibility. Tucked away, just minutes from downtown Indianapolis and the IU Health campus, it offers all of the conveniences of Indy's city scene with easy access to sports, dining, parks, entertainment and more. Both one bedroom, one bathroom units have been updated with paint, newer carpet, waterproof luxury vinyl plank flooring in the kitchens and bathrooms, appliances, updated cabinets and countertops, new windows, insulation, and a newer furnace, water heater, and roof (2022). With the major improvements already completed and a price designed to attract, this duplex is ready for its new owners who want to focus on investing or immediately moving into the property. Schedule your private showing today, or reach out with any questions. I welcome the opportunity to partner with you with for your next chapter in real estate.
Attention investors: welcome to 23-25 S Harris Ave, a fully turn-key, cash-flowing side-by-side duplex on Indianapolis' high-growth near-west side where gross rents exceed the 1% rule from day one! Delivering $2,290/mo in total income (Unit 23 at $1,265/mo, Unit 25 at $1,025/mo, both month-to-month), this asset features low landlord overhead with all utilities separately metered and paid by the tenants. Perfectly situated just 10 minutes from Downtown Indy, IU campus, four major west-side hospitals, the Indianapolis Motor Speedway, and blocks from the new Elanco Global HQ, White River State Park, and the Indy Zoo, tenant demand remains exceptionally strong. Both units feature identical modern updates including durable LVP flooring in main living areas, cozy carpet upstairs, and redone kitchens boasting crisp white shaker cabinets. Both have central heating/air. Unit 23 offers a 3-bed/1-bath layout while Unit 25 offers 3-bed/1.5-baths. Welcomed by a charming covered front porch, this 1910 build combines classic character with key capital improvements, including a roof estimated at just 5 years old. An ideal portfolio add with immediate cash flow and substantial long-term appreciation potential! Professional management in place for a seamless ownership transfer (if desired).
Fully renovated duplex in an up-and-coming neighborhood offering exceptional investment potential. Each unit features 2 bedrooms and 1 full bathroom with thoughtfully updated interiors throughout. Recent improvements include new drywall, fresh interior and exterior paint, brand-new kitchens with modern finishes, fully renovated bathrooms, and a new roof. Whether you're looking to owner-occupy or expand your investment portfolio, this turnkey property offers low-maintenance living with strong rental appeal in a rapidly growing area. Conveniently located near downtown, local dining, shopping, and major highways. Don't miss this opportunity to own a move-in-ready duplex with excellent income potential.
1721-1727 Woodruff Place Cross Dr! Incredible investment opportunity to own this 4-plex in prime Woodruff Place! Yes, 4 units in a row. Each unit is 900sq ft on the main level, 2 bed / 1 full bath, with an additional 900sq ft unfinished basement that can be used as additional living space. All the units have been updated over the years. Currently no HOA or party wall agreement but these units can be separated and sold off individually. Great outdoor space and location! Short distance to the Bottleworks District, Mass Ave, etc! A great property to add to an investment portfolio.
Incredible opportunity in Windsor Park to own this great 4-townhome package! Each unit is 3 bed / 1.5 bath. Loft on 3rd floor! The addresses are 1101/1103/1105/1107 Sterling Street. There is a party wall agreement in place and each unit can be sold off separately. All units currently occupied with management in place. Great location, just a short walk to the Bottleworks District, Mass Ave, Kan-Kan, Amelia's, etc, etc!
Albert Wright Page, License RB14038157, Xome Inc., License RC51300094, [email protected], 844-400-XOME (9663), 4471 North Billman Estates, Shelbyville, IN 46176
Listings courtesy of MIBOR as distributed by MLS GRID. Based on information submitted to the MLS GRID as of {{last updated}}. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS. © 2024 Metropolitan Indianapolis Board of REALTORS®. All Rights Reserved.
Indianapolis is located in Indiana. 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.
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.
