Attention Investors! Great investment opportunity on this duplex near Butler University in popular Butler Tarkington neighborhood. Located on a large lot with sidewalks and mature trees. Home features 2 bedrooms/1 bath on one side and 1 bedroom/1 bath on the other side, hardwood floors, and unfinished basement with laundry area. Just a short drive to downtown Indy, interstate access, The IMA, shopping and dining. Not much to do to get this ready. This is a must see!
Multi-familyProperty Type
1920Year Built
70 sq ftLot Size
$223Est. Price/Sq.Ft.
Listed by Chris Price• Keller Williams Indy Metro Partners
*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
1
Baths
—
Stories
1.5
Lot width
40 ft.
Lot depth
212 ft.
Lot size
0.34 Acres
Year renovated
1920
Sq. Ft.
1,619
Year built
1920
Style
Multi-Family (2-4 Unit)
County
Marion County
APN
490614152040000801
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Oct 19, 2026.
D5
AIRSPACE SECONDARY ZONING DISTRICT
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
Airspace Secondary Zoning District
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
Parking
Parking Information
Unit Parking: On Street
Interior
Interior Sq. Ft. Information
Building Area Total: 696
Living Area: 0
Upper Level Sq. Ft.: 0
Laundry Room Information
Laundry Features: Connections All
Multi-Family Financial Information
Owner Pays: Other
Gross Income: 0
Expenses: 0
Multi-Unit Information
# of Units: 2
Furnished: Unfurnished
Unit Type 1 Information
Kitchen: 10x8
Levels: 1
Miscellaneous: No Equip
Rent: 0
Rent Frequency: Monthly
Utilities: Fuel Gas
Unit Type 2 Information
Kitchen: 10x9
Levels: 1
Miscellaneous: No Equip
Rent: 0
Rent Frequency: Monthly
Utilities: Fuel Gas
Exterior
Property Features
Conversion: No
Property Information
Property Type: Residential Income
Property Sub Type: Duplex
Lot Information
Lot Size Acres: 0.34
Lot Features: Access, Sidewalks
Utilities
Utility Information
Utilities: Gas, Sewer Connected
Solid Waste Information: Yes
Location
School Information
High School District: Indianapolis Public Schools
Location Information
Directions: From 38th and Meridian, West on 38th St to Rookwood, North on Rookwood to property
Tax Legal Description: COLUMBIA PLACE 70' S SIDE
Public facts
Beds: 1
Baths: —
Sq. Ft.: 1,619
Stories: 1.5
Lot Size: 0.34 acres
Style: Multi-Family (2-4 Unit)
Year Built: 1920
Year Renovated: 1920
County: Marion County
APN: 490614152040000801
Home facts updated by county records on Oct 19, 2026