Presenting a completely refinished duplex at 117 N Colorado AVE, INDIANAPOLIS, IN, a property of 1100 square feet per side, constructed in 1910, & offered in great condition. This attractive property, spanning two stories, embodies a classic American Foursquare architectural style, offering a compelling blend of historical character and contemporary appeal. The exterior, characterized by its traditional American Foursquare design, features a welcoming porch, providing an inviting entry point. A private fenced in backyard complements the residence, offering a secluded outdoor space for relaxation or recreation. This property represents a unique opportunity to acquire a well-maintained duplex with distinct architectural lineage. We invite you to schedule a private viewing to fully appreciate its potential. Each side is currently leased and is ready for an investor wanting the ease of a turnkey rental with all of the updates already handled.
New construction stacked 4-unit Multi-Unit House (MUH) featuring four separate 2-bedroom, 1-bath units. Each unit includes stainless steel appliances, LVP flooring, white soft-close cabinetry, and clean, durable finishes designed for everyday living. The property is being built with a practical layout and low-maintenance finishes throughout. Please note: Photos shown are AI renderings based on the builder's current projects, finishes, and planned design. Final finishes and details may vary slightly from the renderings. Purchase early enough in the construction process and there may be an opportunity to participate in some cosmetic color and finish selections!
Attention Investors! Hard to find 4-unit (true quad--not a conversion) on the northeast side of Indianapolis. Turnkey rental opportunity. Nice, large corner lot. Two-level brick with vinyl siding accents. Three of the four units are occupied, and one unit has been left vacant for showings. Vacant unit is move-in ready. Large living rooms in all units. Kitchens have eat-in areas. Newer mechanicals. Each unit has its own furnace and water heater. Building roof is 8 years old. New rubber roof on the carport. Newest tenant in apartment 1 pays market rent. Other two units are longer term tenants and are on a month-to-month leases. Apt 2 tenants will vacate by the end of October to give the new owner full flexibility with placing new tenants. Stoves and refrigerators are included. Tenants pay their gas and electric which are metered separately. See attachments. Majority of the building has vinyl replacement windows. Each unit has one assigned parking space in the carport. Plenty of street parking. Newly renovated Arlington Middle School is very close. The property is off of East 56th St and close to I465. Less than a 10 minute drive to Fort Ben State Park and all the amenities that Fort Ben has to offer. Also near the YMCA which has a fitness gym and pools. Buyer to complete all due diligence. Room sizes are estimated.
Welcome to 1521-1523 S East Street, a beautifully reimagined duplex offering elevated design, exceptional versatility and an enviable location in the much desired Bates-Hendricks neighborhood! Thoughtfully renovated throughout, each residence features 3 spacious bedrooms and 2.5 beautifully appointed bathrooms-upstairs unit has an additional HUGE finished attic space that could be used as a 4th bedroom blending timeless character with sophisticated modern finishes. Light-filled, open-concept interiors create an inviting sense of space, while stylish kitchens showcase new appliances, custom finishes, and contemporary details designed for both everyday living and effortless entertaining. The second residence is further enhanced by a versatile loft, perfect as an executive home office, media lounge, or additional gathering space. Outside, a privacy fenced yard, two-car garage and abundant street parking add convenience rarely found this close to downtown. Ideally positioned near Fountain Square, downtown Indianapolis, dining, entertainment and major thoroughfares, this property places the best of the city within easy reach. Whether envisioned as a sophisticated owner-occupied investment, multi-generational residence, or income-producing addition to a portfolio, this exceptional turn-key duplex delivers style, flexibility and opportunity in one impressive package!
Built in 2024, this like-new duplex offers a rare blend of modern construction and immediate rental income in the heart of Indianapolis. Each unit features 3 bedrooms, 2 bathrooms, and 1,250 square feet of thoughtfully designed living space, with one unit situated upstairs and the other downstairs for added privacy between tenants. With contemporary finishes and energy-efficient systems throughout, both units offer the kind of low-maintenance appeal that today's renters and owner-occupants are looking for. One side is currently leased making this an ideal opportunity for an investor seeking immediate cash flow. Located just minutes from downtown Indianapolis, this property offers convenient access to local dining, shopping, and major employment corridors, making it an attractive option for tenants and a smart addition to any rental portfolio. Don't miss this turnkey, newly built duplex in a growing Indianapolis neighborhood.
INVESTOR OPPORTUNITY - OCCUPIED DUPLEX WITH TENANTS RESPONSIBLE FOR ALL UTILITIES! Add two income-producing units to your portfolio with this well-located Indianapolis duplex. The 2BR/1BA unit is currently rented for $950/month with a lease through March 2027, while the 1BR/1BA unit rents for $625/month on a month-to-month basis, providing $1,575/month or $18,900 annually in current base rental income. Tenants are responsible for gas and electric and reimburse the owner for water/sewer, helping keep utility costs with the occupants rather than the investor. Owner provides stoves and refrigerators. Furnaces are approximately 7-8 years old. The property also includes a basement and offers an appealing combination of established income and future flexibility, with one unit currently month-to-month. Priced at $219,900, this could be an excellent addition to an existing rental portfolio or an opportunity for a 1031 exchange buyer. Property sold as-is. Buyer to verify rents, lease terms, tenant utility reimbursements, expenses, measurements and all information important to buyer.
AFFORDABLE, INCOME-PRODUCING DUPLEX WITH VALUE-ADD POTENTIAL! Clean, well-kept Indianapolis duplex offered at just $129,900 with both units currently occupied. The 2BR/1BA unit rents for $700/month with the current lease running through June 2027, while the 1BR/1BA unit rents for $475/month on a month-to-month basis, providing a combined $1,175/month in current rental income. Tenants pay gas and electric; owner pays water and sewer and provides stoves and refrigerators. Several major capital improvements have already been addressed, including a roof approximately 2 years old, furnaces approximately 4-5 years old, siding approximately 6-8 years old, and replacement windows approximately 12 years old. Full basement provides additional utility/storage space. With established tenants, significant improvements already completed, and potential opportunity to increase income over time, this property offers an appealing combination of current cash flow and future upside for the investor looking to add another door-or two-to the portfolio. Conveniently priced for a buy-and-hold investor or 1031 exchange buyer. Property sold as-is. Buyer to verify rents, lease terms, expenses, measurements and information important to buyer.
Great investment opportunity near Brookside Park. This duplex features one bed and one bath per unit. Each unit has performed well at $900 month. Updates are currently being done to both units. Easy access to I-70, the East 10th corridor and North Keystone. Just steps aways from the Pogues Run Trail. Park amenities range from a disc golf course, shelters, and basketball and tennis courts. The heart of Brookside Park is the 20,000 square foot Family Center built in 1928 which is home to an auditorium, gymnasium.
FLETCHER PLACE VICTORIAN DUPLEX :: This iconic property sits on nearly a quarter-acre corner lot in the heart of the city, blending modern updates with timeless Victorian charm. Step into the first-floor unit and be welcomed by original hardwood floors, classic glazed tile fireplaces, and 10-foot ceilings that exude historic character. This unit offers 2 bedrooms, 2 full baths, and a renovated kitchen, making it ideal for owner-occupancy with the potential to rent out the larger upper unit to offset your mortgage. An original stairwell leads you to the second-floor unit, where modern flair meets historic details. Enjoy city views from the second-story balcony, or retreat to one of the four spacious bedrooms, including a primary suite with a fully updated ensuite bath and walk-in closet. The kitchen has been fully renovated with newer appliances, cabinetry, and countertops, creating a stylish and functional space. Head up to the third floor, where a versatile flex space offers endless possibilities-extra sleeping quarters, a playroom, home office, or a creative studio. Recent updates include: a mini-split system on the third floor for optimal climate control, two HVAC systems, fresh interior paint, updated garage and garage door, new flooring, and modernized kitchens and baths. Currently operating as a functioning Airbnb, this property offers both lifestyle and income potential-P&L statements are available upon request. All of this is just minutes from some of the best dining, entertainment, and cultural spots in the city!
This 2,560 square foot duplex, built in 1915, spans two stories and sits on a 5,053 square foot lot, offering a blend of historic charm and versatile living possibilities. Recent updates include a full electrical rewire, a new sewer lateral, EV charging, central AC and a new basement under both units, plus 3 off-street parking spaces. This property offers the flexibility of a duplex for various living arrangements or investment strategies: both units have historically rented at $1,250/mo, with one leased through 3/12/28 and the other vacant with active rental inquiries, or ready for an owner-occupant. Schedule your private viewing today.
Excellent investment opportunity with this spacious two-story duplex featuring two separate units, each offering 3 bedrooms and 1 full bathroom. Both units boast generous living spaces, 9-foot ceilings, oversized bedrooms, and charming built-in shelving in the dining rooms, adding character and functionality throughout. One unit includes convenient in-unit laundry, while both sides offer plenty of room for comfortable everyday living. The property is fully fenced and features a covered front porch, along with one detached two-car garage at the rear of the property, providing one garage space for each unit. Whether you're looking to expand your investment portfolio, live in one unit while renting the other, or create a strong income-producing property, this duplex offers great versatility and potential.
Attention!!! With this Duplex you have the flexibility to live in one unit and collect rent from the other unit. Or continue maximizing it as a full investment property. Each unit offers 3 bedrooms. Unit 1 features 1.5 baths, a spacious living room, large kitchen, laundry room, and basement. Unit 2 includes 3 bedrooms, 1 full bath, living room, kitchen, and laundry area. Both units have separate utility meters and central air. Appliances include range and refrigerator. Recent updates include a new water heater in the lower unit, fresh exterior paint, and updated LVP flooring. This property presents an excellent opportunity for cash flow and long-term investment. Schedule your showing today!
This 2-bedroom, 2-bath duplex offers an excellent opportunity for an investor looking to add to their portfolio. The property also includes an additional vacant lot, creating exciting potential for future development. The additional lot could be an ideal location for a second duplex, subject to zoning, setbacks, utilities, permits, and buyer due diligence. Whether you're looking for an income-producing property, a value-add investment, or an opportunity to expand your rental portfolio, this property offers plenty of possibilities. Live in one unit, rent the other, or maximize the potential of both parcels. Opportunities like this don't come along often an existing duplex plus additional land for potential future development!
Pre-inspection and video walk through available by request. Cash flow from Day One with this Little Flower duplex! Newer HVAC, plumbing, electrical, windows and flooring throughout both units. 1429 is a 1 bed, 1 bath and 1431 is a 2 bed, 1 bath. Nice cosmetic updates on both sides, including a new kitchen in 1429 and all new appliance packages in both. W/D in basement on each side - will stay with the next owner. Oversized 2 car garage. Units are metered separately for electric. No known defects but being sold in AS-IS condition. Tenant and lease details available at request!
Discover a truly special offering at 2724 Indianapolis AVE, INDIANAPOLIS, IN, USA. This completely remodeled duplex, originally built in 1920, has been thoughtfully updated inside, blending its traditional American Foursquare style with contemporary living. The heart of the home, the kitchen, is designed for both culinary exploration and everyday convenience, featuring sleek stainless steel appliances, elegant stone counters, and a practical pantry for all your storage needs. A dedicated space for relaxation and rejuvenation, the bathroom offers a modern walk-in shower, providing a refreshing start or end to your day. Beyond the main living areas, while a private yard offers an outdoor retreat. Practicality meets comfort with an included laundry room, and a welcoming porch extends the living space outdoors, perfect for enjoying the surroundings. This meticulously updated duplex represents an exceptional opportunity for sophisticated living in a desirable location.
Investment opportunity! Two-story duplex offering two spacious units. One unit features 3 bedrooms and 1.5 baths, while the second unit offers 4 bedrooms and 1.5 baths, with 4th bedroom on main level. The property also features backyard space and a detached 2-car garage. Convenient access to I-465 providing easy connectivity throughout Indianapolis with shopping, dining and other amenities nearby. Property is being sold AS-IS. Don't miss out on this opportunity to add this versatile multi-family property to your investment portfolio!
Southside Double 2 Bedroom 1 and 1/2 bath per side. Each unit has a unique floorplan, and share a large lot for parking. Unit 1 has a 2 car garage with an attached outdoor patio for entertaining. Unit 2(4407) was updated in 2021 with new kitchen, bathrooms, flooring and mechanicals. Each side was previously generating $1500 per month in income. Seller financing offered with 20% down payment at a 5% interest rate. Also listed as a single family home BLC #22118594
Welcome to 813 N Denny St, a recently renovated, fully vacant side-by-side duplex in Grace Tuxedo Park on Indianapolis' Near Eastside. Ideal for investors or owner-occupants looking to house hack, both units are move-in or rent-ready, with estimated rents positioning the property at or above the coveted 1% rule and offering strong cash-flow potential. The units feature nearly identical layouts, with one 1BR/1BA and one 2BR/1BA. Both offer enclosed front porches/three-season rooms, spacious living rooms with laminate flooring, arched doorways leading to formal dining rooms with built-in bench seating, refreshed kitchens, and updated baths with subway-tiled tub/shower surrounds. Each unit also has its own private full unfinished basement with laundry hookups and ample storage, and all utilities are separately metered for added convenience and lower landlord overhead. The 2BR features central heat and air, while the 1BR has central heat with window-unit AC. Outside, each unit has a separately fenced backyard with wood privacy fencing, plus a large gravel parking area off the alley with room for multiple vehicles. Conveniently located just minutes from Downtown, hospitals, universities, interstates, and continued Near Eastside redevelopment.
This fully occupied duplex offers 1 bedroom and 1 bathroom per side with the classic bungalow-style layout. The living and dining rooms offer plenty of living space with the privacy of the bathroom and bedroom in the back of the home. Both units have recently been updated prior to the most recent tenants. With leases in place, this property offers stability and cashflow for months or potentially years to come. Don't miss out on this terrific investment opportunity!
Great opportunity to own a newly renovated duplex at an attractive price! Each side offers an impressive 5 bedrooms and 2 full bathrooms, providing plenty of space for tenants, owner-occupants, or extended living arrangements. Both units feature updated interiors with modern finishes and functional layouts, plus unfinished basements offering additional storage and potential. With 10 total bedrooms and 4 bathrooms, this property is an excellent option for investors looking for strong rental potential or an owner-occupant looking to live in one unit while generating income from the other. Move-in/rent-ready and priced to sell-don't miss this opportunity!
**INVESTORS** Add to your Investment Portfolio - Discover this Turnkey Cash Flow Opportunity - This one is 100% ready to go and generating $2595/mo in combined gross rents. Both sides are occupied and were renovated in 2022. Two units of approximately 1400 sqft, each with 3 bedrooms, 1 bath, covered porches and a separate entrance. Each unit features granite countertops, stainless appliances, wash/dryer hook-ups and LVP flooring throughout. Each unit has an unfinished private basement for extra storage. There is space in the back to offer off-street parking. Near Eastside - close to downtown Indy, Mass Ave and Irvington.
Live in one side and let the other help pay the mortgage! This updated duplex offers a fantastic opportunity for an owner-occupant looking to house hack or an investor seeking a versatile addition to their portfolio. Each unit features 2 bedrooms, 1.5 baths, plus finished third-floor attic space offering valuable flexibility as a bonus room, home office, dressing area, hobby space, or additional storage. Both units have benefited from numerous updates and improvements. The 515 side features renovated bathrooms, updated kitchen finishes including granite and butcher block countertops, updated plumbing and light fixtures, newer carpeting, a repaired rear porch, replacement dishwasher and recently replaced washing machine. A portion of the exterior sewer line serving the property was also replaced approximately two years ago. The 517 side has been freshly painted throughout and features new granite kitchen countertops, an updated upstairs bathroom, updated plumbing and light fixtures, newer carpeting throughout the stairways and third floor, a newer refrigerator, and recently replaced washer and dryer. The rear deck has also received additional repairs and fresh paint. With two spacious units, flexible finished attic areas, separate living spaces, and extensive updates already completed, this property offers options for a variety of buyers. Live in one unit while generating rental income from the other, rent both units for investment income, or create a multigenerational living arrangement while maintaining separate spaces.Conveniently located with access to everything Indianapolis has to offer, 515-517 Sutherland is ready for its next chapter. Home is on Indiana Historic Landmark Registry (see attached covenant).
Presenting an exceptional opportunity at 28-30 S Chester This duplex, encompassing a combined 1372 square feet of living space, plus additional basements, provides a solid investment opportunity. Grossing $1,400 in immediate income, this is a true cash flowing asset! The property's single-story, on basement design ensures convenient accessible layout & a welcoming porch extends the living space outdoors, providing an ideal setting for relaxation. Discover the potential of this distinctive property. Call for further details.
Investors, House Hackers, First time buyers - live in one and collect rent on the 2nd unit. New-construction duplex opportunity in Crown Hill on Indianapolis's near-north side, a few blocks west of Crown Hill Cemetery. The Marion model offers two 2-bed/2-bath units of approximately 980 SF each. Projected rent of $1,718 per unit is supported by 2-bedroom comparables within 2 miles, many clustered along N Meridian St. Pro forma: $41,232 gross potential rent, $30,336 estimated NOI at 5% vacancy and 8% management. Located within the Indy Health District, near the Children's Museum, Newfields, and the Meridian Street corridor. Taxes and insurance are estimates; buyer to verify. This property is broker owned.
PROPOSED CONSTRUCTION - Exciting opportunity to own a brand-new duplex with frontage along the bustling 46th Street corridor. Designed with two spacious, two-level residences, each unit offers 3 bedrooms, 2 full bathrooms, open-concept living and dining areas, an island kitchen and in-unit laundry. Unit A features approximately 1,545 square feet, while Unit B offers approximately 1,630 square feet. A detached two-car garage provides one parking space per unit. Enjoy new construction, income-producing potential and convenient access to the Monon Trail, neighborhood restaurants, shopping and entertainment. Renderings and plans are representative; final finishes, specifications, pricing and construction schedule are subject to change.
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.
