Don't miss this excellent investment opportunity! This duplex, being sold as-is, features two units, each currently occupied by long-term tenants paying $900/month, providing immediate rental income. Each unit offers 3 bedrooms, 1 bathroom and the potential for upgrades to increase rental value. The property is conveniently located near local restaurants, stores, and public transportation, making it an attractive option for renters. Whether you're a seasoned investor looking to expand your portfolio or a first-time buyer interested in an income-generating property, this duplex has plenty of potential. Priced to sell, this is your chance to secure a property with reliable tenants already in place. No showings will be taken until after accepted contract. Tenants are in place and leases are available.
Multi-familyProperty Type
1920Year Built
6,098 sq ftLot Size
$68Est. Price/Sq.Ft.
Listed by Meighan Wise• Keller Williams Indpls Metro N
Contact: meighanwise@gmail.com
Bought with Peter Stewart• Keller Williams Indpls Metro N
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Beds
6
Baths
2
Stories
2
Lot width
40 ft.
Lot depth
152 ft.
Lot size
6,098
Year renovated
1920
Sq. Ft.
2,688
Year built
1920
Style
Multi-Family (2-4 Unit)
County
Marion County
APN
490732193172000101
Parking Spaces
—
Basement
Yes
Accessible
No
HOA Dues
—
Garage
No
Features
—
Last updated by owner on Dec 31, 2025.
D5
COMPACT
Dwelling District Five
The D-5 district is intended for medium and large- lot housing formats, primarily for detached houses, but may incorporate small- scale multi- unit building types in strategic locations. This district can be used for new, walkable suburban neighborhoods or for infill situation in established urban areas, including both low density and medium density residential recommendations of the Comprehensive Plan, and the Suburban Neighborhood and Traditional Neighborhood Typologies of the Land Use Pattern Book.
Zone overlays
Compact Context Area
Permitted uses
Include but are not limited to:
Housing-Group
Housing-Single unit
Housing-Multiple units
Communications tower
Housing-Mobile home park
Park & open space
Property details
Interior
Basement Information
Has Basement
Multi-Family Financial Information
Gross Income: 21600
Expenses: 1000
Multi-Unit Information
# of Units: 2
Unit Type 1 Information
Kitchen: 350
Levels: 2
Rent: 900
Rent Frequency: Monthly
Unit Type: 3 Bedroom
Exterior
Property Features
Conversion: No
Property Information
Property Type: Residential Income
Property Sub Type: Duplex
Land Information
Current Use: Residential
Acres: <1/4 Acre
Lot Information
Lot Size Acres: 0.14
Road Access: Frontage Road
Utilities
Utility Information
Solid Waste Information: No
Location
School Information
High School District: Indianapolis Public Schools
Location Information
Directions: GPS Friendly
Tax Legal Description: Vajens S Brookside Add L7
Community Information
Low Maintenance Lifestyle YN: No
Public facts
Beds: 6
Baths: 2.0
Sq. Ft.: 2,688
Stories: 2.0
Parking Spaces: —
Basement: Yes
Accessible: No
Lot Size: 6,098 square feet
Style: Multi-Family (2-4 Unit)
Year Built: 1920
Year Renovated: 1920
County: Marion County
APN: 490732193172000101
HOA Dues: —
Garage: No
Features: —
Home facts updated by owner on Dec 31, 2025
Other
Listing Information
Attribution Contact: meighanwise@gmail.com
Green Information
Green Certification YN: No
Home Information
Levels: Two
Around this home
Schools
Brookside School 54
Public PreK-5 • Assigned • 0.2mi
3/10
H.L. Harshman Magnet Middle School
Public 6-8 • Assigned • 0.9mi
10/10
Arsenal Technical High School
Public 9-12 • Assigned • 0.9mi
2/10
Purdue Polytechnic High School - Englewood
Charter 9-12 • Assigned • 1.0mi
3/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
4/10 Heat Factor
7 days above 102° expected this year, 19 days in 30 years
2/10 Wind Factor
0% chance of strong winds in next 30 years
4/10 Air Factor
5 unhealthy days expected this year, 7 days in 30 years
Provided by First Street
Historical weather
Indianapolis, IN • 46201
Average low and high temperatures (°F)
32
18
42
26
61
40
68
48
72
54
83
66
87
72
83
66
81
61
70
50
54
40
41
28
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 9.7 hours in
June and 3.3 hours in December, placing it below the
U.S. average for solar exposure.
9.7 hrs
3.3 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$174,000 – $211,000
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