Located just minutes from the iconic Indianapolis Motor Speedway, this well-maintained duplex offers great potential for both investors and house hackers. Each unit features 2 bedrooms and 1 bathroom, with the left side tenant-occupied and generating steady rental income, while the right side has been recently updated with fresh interior paint and is vacant, ready for new tenants or an owner-occupant. The property provides the perfect opportunity to live in one unit and rent out the other to offset your mortgage or increase cash flow with minimal effort. Situated in an area with easy access to Speedway, shopping, dining, and major highways, this duplex is ideal for anyone looking to expand their rental portfolio or invest in a property that offers multiple income streams. Book a showing today!
*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
Permits
Beds
1
Baths
—
Stories
1
Lot width
66 ft.
Lot depth
204 ft.
Lot size
0.31 Acres
Year renovated
1966
Sq. Ft.
784
Year built
1966
Style
Multi-Family (2-4 Unit)
County
Marion County
APN
490536124004000982
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 29, 2026.
D3
METRO
Dwelling District Three
The D-3 District provides for low or medium intensity residential development. Land in this District should have good thoroughfare access, be relatively flat in topography, and be afforded pedestrian linkages to community and neighborhood services and facilities (schools, parks, shopping areas, etc.). Recreational facilities developed for the neighborhood complement the treed yards on the individual lots. Predominantly single-family detached dwellings are envisioned with two-family dwellings on corner lots in this District. The D-3 District has a typical density of 2.6 units per gross acre. This District fulfills the low density residential classification of the Comprehensive General Land Use Plan. All public utilities and facilities must be present. Development plans, which may include the use of clustering, should incorporate and promote environmental and aesthetic considerations, working within the constraints and advantages presented by existing site considerations, including vegetation, topography, drainage and wildlife.
Zone overlays
Metro 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
Jul 1, 1998 • Final
Heating & cooling permit-1-2 family addition-existing structure
HVAC
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Property details
Parking
Parking Information
Unit Parking: 2 Car Space
Interior
Laundry Room Information
Laundry Features: Other
Heating & Cooling
Heating Information: Forced Air
Cooling Information: Central Electric
Multi-Family Financial Information
Gross Income: 800
Expenses: 0
Multi-Unit Information
# of Units: 2
Unit Type 1 Information
Kitchen: 10x12
Levels: 1
Miscellaneous: Range/Oven, Refrigrater
Rent: 800
Rent Frequency: Monthly
Utilities: Cl Cntrl Air, Heat Forced
Unit Type 2 Information
Kitchen: 12x10
Levels: 1
Miscellaneous: Range/Oven,Refrigrater
Rent: 1100
Rent Frequency: Monthly
Utilities: Cl Cntrl Air,Heat Forced
Exterior
Building Information
Building Information: Storage
Exterior Features
Fence YN: Yes
Fencing: Partial
Property Features
Conversion: No
Property Information
Property Type: Residential Income
Property Sub Type: Duplex
Land Information
Current Use: Residential
Acres: 1/4-1/2 Acre
Lot Information
Lot Size Acres: 0.31
Road Access: Not Applic
Utilities
Utility Information
Solid Waste Information: No
Building Utilities: Septic System
Location
School Information
High School District: Marion Community Schools
Location Information
Directions: GPS Friendly
Tax Legal Description: Anchorage Sub 2nd Sec L 69
Public facts
Beds: 1
Baths: —
Sq. Ft.: 784
Stories: 1.0
Lot Size: 0.31 acres
Style: Multi-Family (2-4 Unit)
Year Built: 1966
Year Renovated: 1966
County: Marion County
APN: 490536124004000982
Home facts updated by county records on Jul 29, 2026
Other
Listing Information
Attribution Contact: tyler@tylerlingle.com
Green Information
Green Certification YN: No
Home Information
Construction Materials: Brick
Structure Type: Duplex
Levels: One
Around this home
Schools
Chapelwood Elementary School
Public PreK-6 • Assigned • 1.0mi
4/10
Chapel Hill 7th & 8th Grade Center
Public 7-8 • Assigned • 1.2mi
3/10
Ben Davis Ninth Grade Center
Public 9 • Assigned • 1.2mi
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
3/10 Heat Factor
7 days above 101° expected this year, 17 days in 30 years
2/10 Wind Factor
0% chance of strong winds in next 30 years
4/10 Air Factor
4 unhealthy days expected this year, 5 days in 30 years
Provided by First Street
Historical weather
Indianapolis, IN • 46224
Average low and high temperatures (°F)
33
17
42
26
60
40
68
48
72
54
83
66
87
71
82
65
82
58
71
49
54
39
42
28
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 9.6 hours in
June and 3.3 hours in December, placing it below the
U.S. average for solar exposure.
9.6 hrs
3.3 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$222,000 – $269,000
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