Don't miss this exceptional income-producing duplex offering two spacious 3-bedroom, 1.5-bath units a perfect opportunity for investors and aspiring house hackers alike. Thoughtfully updated and move-in ready, this property features central air, new entry doors, washer and dryer, updated appliances, brand-new attic insulation, and a roof that's less than one year old. The 1056 unit has also been freshly painted throughout, giving it a clean, modern feel that's ready for its next occupant. Whether you're looking to expand your investment portfolio or take advantage of the house hacking strategy by living in one unit while renting the other, this property checks all the boxes. With average rents in the area ranging from $1,300 to $1,450 per 3-bedroom unit, the income potential is outstanding. Conveniently located just minutes from I-65, you'll enjoy quick access to downtown and an easy commute to major employers, shopping, dining, and entertainment. As an added incentive, the seller is open to offering reasonable concessions with a full-price offer, creating additional value and flexibility for qualified buyers. Opportunities like this don't stay on the market for long. Whether you're an investor seeking strong cash flow or a buyer looking to offset your mortgage by renting one side, this turnkey duplex is ready to help you build long-term wealth through real estate.
Rent-ready duplex on Indy's east side! The American Foursquare architectural style, with its traditional lines, provides a timeless appeal. Enjoy the seamless indoor-outdoor living with a welcoming porch, perfect for morning coffee, and a covered deck, ideal for evening relaxation and entertaining. This property offers a lifestyle of comfort and convenience, ready for you to make it your own. Close to schools, shopping and minutes from downtown Indianapolis.
Calling all investors! Don't miss this excellent opportunity to add to your portfolio with this 2 bedroom, 1 bath duplex located on the east side. Convenient storage shed in the backyard and parking available up front. With strong income potential, this property is a great addition for both new and seasoned investors.
Excellent investment opportunity near the heart of Indianapolis, Indiana. This updated quadplex offers immediate income potential with 3 units currently rented and 1 vacant unit ready for occupancy or lease-up. The vacant unit has been recently updated and is rent-ready, giving the next owner the opportunity to quickly increase cash flow or place a tenant at current market rents. Property features a solid multi-unit setup in a location with convenient access to downtown Indianapolis, major employers, dining, and entertainment. Whether you're looking to expand your portfolio or step into multifamily investing with built-in income, this property offers strong upside and long-term potential in a growing rental market.
Consistent performing, spacious duplex with all the conveniences your tenants want! Main Level Unit 307: A sprawling 1,755 sq ft layout with 3 bedrooms and 2 full baths, this unit boasts a proper primary suite, wide hallways, high ceilings, a welcoming foyer, and an oversized living room-perfect for comfortable living and entertaining. Upper Unit 309: At 1,620 sq ft, this 3 bed / 1 bath unit features a huge main bedroom and a bright, airy feel throughout. Both units include generous eat-in kitchens ideal for family-style dining. Tenants also enjoy shared free laundry and ample private parking in the rear of the building. Located in the heart of a picturesque historic neighborhood, walkable to all that vibrant Irvington has to offer, easy access to downtown and I-465. Whether you're an investor, or a wise homeowner looking to live in one unit and rent the other, this duplex delivers more space than the average, plus charm and an unbeatable Indy location!
Investment opportunity or owner-occupant dream in the heart of Broad Ripple Village! Just two blocks from this vibrant cultural district, this charming property offers endless potential with original hardwood floors, classic built-ins, and character you simply can't recreate. Bring your vision and a little TLC to make this home shine again. The oversized 22x22 detached garage off the alley presents a rare opportunity for workshop space, storage or possible future rental conversion. Whether you're looking to add to your portfolio or create a home with supplemental income potential, this property checks all the boxes! Enjoy one of Indy's most walkable neighborhoods with easy access to restaurants, bars, grocery stores, pharmacies, the Central Canal, trails, and public transit. Nearby amenities include the Monon Trail, Indiana Central Canal, and the IndyGo Red Line transit corridor. Broad Ripple is known for its eclectic atmosphere, nightlife, outdoor recreation, and strong community feel, making this location highly desirable for both homeowners and renters alike.
Updated and income-producing duplex opportunity near Garfield Park! Each side offers 3 bedrooms and 2 full bathrooms with modern updates throughout, making this a rare and versatile investment. Perfect for an owner-occupant looking to house hack-live in one side while generating rental income from the other-or add a strong cash-flowing property to your investment portfolio. Both units are tenant occupied, offering immediate income potential. Conveniently located with quick access to downtown Indianapolis, major highways, dining, shopping, and parks. Whether you're looking to expand your portfolio or offset your mortgage with rental income, this duplex is an excellent opportunity in a growing area.
Brookside Park duplex! Income-producing duplex offers a great opportunity in a rapidly developing area of Indianapolis. Both units are fully leased, making this an ideal opportunity for investors looking for immediate income and a property that meets the 1% rule. Great street just one block from Pogues Run and all the park amenities. Enjoy summer days at the Brookside pool. Play basketball or a round of disc golf with friends. Take the kids to the playground or enjoy nature throughout the trails. Property being sold AS-IS.
Turnkey Duplex Opportunity - Fully Renovated & Move-In Ready! Brand New Sewer Connection was just completed, adding 45 feet of New Water Lines. Each unit is separately metered. Newly renovated multi-unit property offering the perfect blend of versatility, comfort, and investment potential. Whether you're looking to expand your portfolio, house hack, or create a multigenerational living arrangement, this vacant and move-in-ready duplex is ready for its next owner. Perfect for an owner occupant looking to live on one side and rent out the other, or an investor looking to generate income while renting out 2 units. Unit 1 features 2 spacious bedrooms and 1 full bathroom, complemented with a bright open living & dining area, and a functional layout designed for comfortable living. Unit 2 offers 2 bedrooms and 1.5 bathrooms, along with a generous living area, separate dining space, and thoughtful updates throughout. Both units have been refreshed with modern finishes, neutral decor, updated flooring, and abundant natural light, creating inviting spaces that appeal to a wide range of buyers and future occupants. The property is completely vacant, allowing for immediate occupancy and flexibility to set market rents, occupy one or both units, or accommodate extended family needs. Schedule your Showing Today!
Discover a fantastic investment opportunity or owner-occupant option with this well-positioned duplex offering versatility and long-term potential. Each unit provides its own private living space, creating the perfect setup for rental income. Inside, both sides feature comfortable layouts with functional living areas, generous natural light, and practical kitchen spaces designed for everyday living. The bedrooms offer ample space, while the overall flow of each unit creates a welcoming and livable environment tenants will appreciate. Outside, the property provides room to enjoy the outdoors along with convenient access to nearby amenities, making it an attractive option for renters. If you're expanding your portfolio, this duplex checks the boxes for flexibility, convenience, and value. Opportunities like this don't come around often-don't miss your chance to make it yours.
Back on Market due to no fault of the Seller. -- Rehabbed, income-producing duplex offers a great opportunity in a rapidly developing area of Indianapolis. This move-in ready property features two spacious 3 bed, 1 bath units with open concept floor plans and basements on each side, including washer/dryer connections for added tenant convenience. One unit is currently rented at $1,200/month, making this an ideal opportunity for investors looking for immediate income and a property that meets the highly sought-after "1% rule." Major capital improvements have already been completed, including new roof, gutters, and siding in 2021, new sewer line and plumbing in both units, updated HVAC systems with central AC replaced in 2020 and 2022, plus new interior paint and flooring throughout. Unit 603 was fully renovated in 2021. Located near an IndyGo bus stop and offering quick access to downtown Indianapolis and major highways, this duplex combines location, updates, and rental appeal into one strong investment opportunity.
Discover a unique opportunity at 953-955 N Bosart AVE Duplex, INDIANAPOLIS, IN, a distinctive duplex constructed in 1921. This property offers a compelling blend of classic architecture and potential, situated on a generous 5097 square foot lot. Imagine the possibilities for creating a vibrant living space or a strategic investment in a property with enduring character. This duplex presents a versatile canvas, ideal for those seeking a multi-generational living arrangement, an income-generating asset. With its substantial lot, there's ample scope for outdoor enjoyment and creative landscaping, enhancing the living experience for all occupants. To truly appreciate the potential and charm of this 1921 duplex, schedule your private viewing today.
Great Investment Opportunity. Immediate income. Both units are leased with long term tenants. Both units are Updated. 1 Bedroom, 1 Bath with basement that has a laundry area. In a good area. Easy access to interstate, shopping and eateries.
Built in 2025 and already leased, this modern duplex offers a strong opportunity for investors looking for a low-maintenance addition to their portfolio or future owner-occupants interested in a house-hacking strategy. Each unit features 3 bedrooms, 2 full bathrooms, and approximately 1,250 sq. ft., with an open-concept kitchen and living area designed for today's renters. The interior showcases durable LVP flooring throughout, spacious kitchens with white cabinetry, granite countertops, stainless steel appliances, and generous cabinet storage. Each unit also includes modern bathrooms, in-unit mechanicals, and a functional layout with bedrooms separated from the main living space. Built with investor ease in mind, the property includes separate entrances, separate electric meters, exterior HVAC units, off-street rear parking, and a low-maintenance exterior with durable engineered wood siding designed for long-term performance. The property is also nearly new construction and includes a 10-year structural warranty provided and backed through 2-10 Home Warranty. Located near downtown Indianapolis, this duplex is positioned for both rental demand and long-term growth. Whether you are expanding your portfolio or planning ahead for a future house hack, this property offers modern construction, tenant income already in place, and a practical layout designed for long-term rental performance.
Charming duplex in the Mapleton-Fall Creek area offering a great cash flow investment opportunity! Unit 2141 was recently remodeled and features newer appliances. Each unit includes 2 bedrooms, 1 bathroom and a basement. Conveniently located near shopping, dining, and within walking distance to the Monon Trail. Don't miss this excellent investment opportunity!
This is a Mixed-Use property. It's a rare opportunity in Fountain Square neighborhood on a highly visible corner with C4 zoning. This building features three fully leased apartments upstairs and two commercial spaces downstairs. The Karate studio is leased and the adjacent commercial space is currently suitable for office/retail and storage. There is secure parking at the rear of the building. All major mechanicals have been updated.
House Hackers or HOLD Investors, rejoice! Incredible opportunity to live in one side and rent out the other or rent out both sides at better than 1% rule! (ask me how to increase rent rates!) This well maintained, all brick duplex is now available. One side is tenant occupied while the other is vacant and ready for move in or new tenant. Whole home basement could be finished to increase rent potential. Whether living in one side or just renting it all out, this house has great potential for major cash flow at this price!
Turnkey, income-producing opportunity at 267 Hendricks! This fully renovated duplex is currently tenant-occupied, offering immediate cash flow from day one. Each unit features 3 bedrooms, 1 full bath, and a full basement, providing spacious layouts and added storage. Recent updates minimize maintenance, making this a solid addition to any investment portfolio. Whether you're expanding your holdings or looking for a low-hassle rental, this property is already performing.
PRICE DROP!! Irvington duplex with the heavy lifting already done. 5953/5955 Rawles Ave is a 1-bed/1-bath on each side, both vacant and move-in ready for your next tenant. The updates that matter most are already behind you - new roof, new mechanicals, and new plumbing all in the past couple years mean you're not inheriting deferred maintenance, you're inheriting a stabilized asset. One side has been recently refreshed inside, so the cosmetic work is done too. Out back you've got a fenced yard, parking pad, and a storage shed - small details that tenants notice and landlords appreciate. Irvington's demand holds, the bones are solid, and the numbers work without a big renovation project attached. This one's ready to cash flow, especially under 175,000!?!. Come check it out!
Discover a duplex that blends historic character with real opportunity in the heart of Indianapolis. Built in 1900, this well-maintained property offers versatility for investors and homeowners alike. Inside, you'll find bright, airy living spaces with large windows that invite natural light, complemented by updated finishes and functional layouts. Each unit includes a kitchen with ample cabinetry, comfortable bedrooms, and inviting common areas perfect for relaxing or entertaining. With two units, one featuring 3 bedrooms and 1.5 baths and already generating income, and one with 2 bedrooms and 1.5 baths plus a plumbed attic area waiting to be developed, this property is ideal for building equity, expanding your portfolio, or living in one side while renting the other. Mechanicals and roof recently updated. Outside, the property features a generous yard and garage parking for two vehicles, adding convenience and appeal. Each unit also includes central air, forced air heat, a full basement, and in-unit washer and dryer. The property is sold as-is. Located in the Vajens Springdale subdivision near Brookside Park, close to local shops and dining on the Near Eastside, this duplex offers easy access to everything Indianapolis has to offer. Whether you're looking to expand your portfolio or settle into a home with income potential, this is a rare find.
Great investment opportunity at 767-769 N Elder Ave. This property is a fantastic opportunity for an investor or buyer looking to renovate and make it their own. The sale also includes the adjacent vacant lot at 763 N Elder Avenue, providing additional possibilities for expansion, development, or added outdoor space. Property is being sold as-is.
A 16-unit building bringing in $15,910 a month with another $2,890 sitting on the table once you fill the two vacant units. Two side-by-side 8-unit buildings at 2008 and 2012 E Washington, sold together as one package. Every unit is a one-bed, one-bath layout, fully renovated under current ownership. New flooring, fresh paint, updated fixtures, modern kitchens and bathrooms. Electronic locks on every door, so turnovers don't turn into a rekey project. Fourteen units are leased today. Rents run from $1,060 to $1,175, with most around $1,130. Stabilized at $1,175 across all 16, the property produces $18,800 a month, or $225,600 a year. Two of the eight units in 2008 are vacant and turn-ready. Lease them up and that upside is yours, no renovation required. The expense side is clean. Seventeen months of seller actuals show operating expenses averaging about $5,041 a month, or just over $60,000 a year. Insurance is one blanket policy across both buildings. Trash, pest, internet, and taxes are flat fixed costs. Maintenance ran a little hot in late 2025 while leaks were chased down, and that line is trending back to baseline now. At stabilized occupancy, expenses level out around $5,216 a month and net operating income lands near $163,000 before debt. Each building runs on two central HVAC systems, four across the package. Shared parking in the rear gives every tenant one space. Roof, electrical, plumbing, and HVAC were all inspected at acquisition and reports are available. East Washington is one of the more active corridors in Indianapolis right now. New businesses, real neighborhood investment, and quick access to downtown, Fountain Square, and Irvington. You're buying into the path of growth, not chasing it. Rent roll, profit and loss, and the full deal package are ready for qualified buyers.
Unique opportunity to own a fourplex on Indy's near East side. 848 and 850 N. Oxford St is a cash flow dream. This large multi-family home consists of (2) 1-bedroom main floor units up front complete with kitchen, full bath, and fireplace; and (2) 3-bedroom two-story units in back complete with kitchen, laundry, and sizeable rooms. Most of the heavy lifting has been done for you. Units just need finish touches to make move-in ready. Most materials are newer including cabinetry, flooring, and drywall. Each unit is on a separate meter. Agents please read private remarks
Opportunity knocks on LaSalle St with this two-parcel duplex primed for its next chapter. Major updates completed in 2022 include separated sewer and water lines, individually metered utilities (water, sewer, gas, and electric), new HVAC systems, water heaters, and a newer roof and gutters-setting a strong foundation for the next phase. The property is currently in a mid-rehab state with much of the demolition complete, offering a clean slate to design and finish interiors to your vision. Flexible layout and parcel configuration create options for rental income, resale, or a hybrid investment strategy. With key infrastructure already addressed, the focus can shift to maximizing interior finishes and value. Ideal for investors or buyers looking to customize and capitalize on a versatile property.
Incredible Investment Opportunity Near Downtown! This fully renovated townhome-style duplex with modern living just minutes from downtown, Each unit/wing (418 & 420 Harlan St) features a 1260 sq. ft living floor space, 2 bedrooms, 2 full baths each. Fountain Square, and Mass Ave. Both units have been taken down to the studs and thoughtfully rebuilt/remodelled with high-end finishes. Enjoy spacious open floor plans with new luxury vinyl plank flooring on the main level and plush carpeting upstairs. Each kitchen features sleek granite countertops and upgraded fixtures throughout. Every detail has been updated-from new HVAC systems and energy-efficient windows to contemporary showers, vanities, and hardware. Perfect for owner-occupants, investors, or short-term rental potential. Don't miss this turn-key property in one of the city's most desirable and rapidly growing areas.
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.
