This charming duplex is the perfect addition to your investment portfolio! Being sold as-is, this property offers incredible potential for customization and value enhancement. One side is already rented, providing immediate income, while the other side is ready for updates or new tenants. The each unit features 1 bedroom and 1 bathroom. This property attracts renters seeking both comfort and accessibility. Whether you're a seasoned investor or just getting started, this duplex is an excellent opportunity to earn rental income and grow your equity. Don't miss the chance to capitalize on this as-is sale! Contact us today for more details or to schedule a viewing. Property is being sold as-is.
Multi-familyProperty Type
1940Year Built
6,839 sq ftLot Size
$63Price/Sq.Ft.
Listed by Meighan Wise• Keller Williams Indpls Metro N
Contact: meighanwise@gmail.com
Bought with Janice Ruiz• 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
Permits
Beds
1
Baths
—
Stories
1
Lot width
40 ft.
Lot depth
171 ft.
Lot size
6,839 Sq. Ft.
Year renovated
1940
Sq. Ft.
546
Year built
1940
Style
Multi-Family (2-4 Unit)
County
Marion County
APN
490719127110000101
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 29, 2026.
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
Sep 11, 2025 • Final
Right of way permit-excavation
Perform emergency sewer repairs in front of the property.
Plumbing
Sep 28, 2021 • Final
Right of way permit-excavation
Perform drainage improvements.
Grading
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: On Street
Interior
Basement Information
Has Basement
Basement Features: Cellar
Heating & Cooling
Heating Information: Forced Air, Natural Gas
Cooling Information: None
Multi-Family Financial Information
Gross Income: 1500
Expenses: 0
Multi-Unit Information
Multi Beds: 1
Multi Baths: 1
# of Units: 2
Multi Rooms: 5
Unit Type 1 Information
Kitchen: 10x12
Levels: 1
Rent: 750
Rent Frequency: Monthly
Unit Type: 1 Bedroom
Unit Type 2 Information
Kitchen: 10x12
Levels: 1
Rent: 750
Rent Frequency: Monthly
Unit Type: 1 Bedroom
Exterior
Exterior Features
Roof: Shingle
Property Features
Conversion: No
Property Information
Property Type: Residential Income
Property Condition: Fixer
Attached Property
Property Sub Type: Duplex
Zoning: multi family
Land Information
Gross Area Sq Ft: 1000
Current Use: Residential
Acres: <1/4 Acre
Lot Information
Lot Size Acres: 0.16
Lot Features: City Lot
Road Access: Not Applic
Utilities
Utility Information
Solid Waste Information: No
Location
School Information
Middle Or Junior High School: Arlington Community Middle School
High School: Shortridge High School
High School District: Indianapolis Public Schools
Location Information
Directions: GPS Friendly
Tax Legal Description: Airslie Add L49
Community Information
Low Maintenance Lifestyle YN: No
Public facts
Beds: 1
Baths: —
Sq. Ft.: 546
Stories: 1.0
Lot Size: 6,839 square feet
Style: Multi-Family (2-4 Unit)
Year Built: 1940
Year Renovated: 1940
County: Marion County
APN: 490719127110000101
Home facts updated by county records on Jul 29, 2026
Other
Listing Information
Attribution Contact: meighanwise@gmail.com
Green Information
Green Certification YN: No
Direction Faces: East
Home Information
Structure Type: Duplex
Levels: One
Around this home
Schools
James Russell Lowell School 51
Public PreK-5 • Assigned • 1.7mi
3/10
KIPP Indianapolis College Preparatory
Charter 6-8 • Assigned • 0.4mi
4/10
Shortridge High School
Public 9-12 • Assigned • 1.3mi
5/10
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
3/10 Heat Factor
7 days above 102° expected this year, 19 days in 30 years
2/10 Wind Factor
1% 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 • 46218
Average low and high temperatures (°F)
32
18
42
26
60
40
68
48
72
54
83
66
87
71
82
65
81
60
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 9.7 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
$110,000 – $133,000
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