Duplex in Butler-Tarkington - Great Investment Opportunity! This 1 bed, 1 bath per unit duplex is perfect for investors or owner-occupants! New vinyl siding and roof! Live in one side and rent out the other. 4017 is month-to-month and 4019 is currently vacant for easy showing. Both units are mirror images of each other. Located near shopping, dining, hospitals, and downtown Indianapolis, this charming duplex offers graveled off-street parking for two cars per unit. Agent is part owner. Square footage per tax records-Buyer/Agent to verify. Property is being sold as-is, where -is.
Multi-familyProperty Type
1939Year Built
1.15 acresLot Size
$93Est. Price/Sq.Ft.
Listed by Gregory Randolph• Kevin Warren
Bought with Janice Ruiz• Keller Williams Indpls Metro N
Investment opportunity, one bedroom one bath duplex close to Butler University and Downtown Indianapolis. Stable tenant base!
As the MLS and public records start to fill up, we'll list the details here.
Public record
Public record
Zoning
Beds
—
Baths
—
Stories
—
Lot width
40 ft.
Lot depth
125 ft.
Lot size
—
Year renovated
—
Sq. Ft.
—
Year built
—
Style
Multi-Family (5+ Unit)
County
Marion County
APN
490614125158000801
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on May 20, 2025.
D5
COMPACT
AIRSPACE SECONDARY ZONING DISTRICT
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
Airspace Secondary Zoning District
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: Other
Parking Features: Gravel
Interior
Laundry Room Information
Laundry Features: Connections All
Basement Information
Has Basement
Basement Features: Partial
Heating & Cooling
Heating Information: Forced Air, Natural Gas
Cooling Information: None
Multi-Family Financial Information
Owner Pays: Insurance, Lawncare
Gross Income: 16800
Expenses: 2800
Multi-Unit Information
Multi Beds: 2
Multi Baths: 2
# of Units: 2
Multi Rooms: 10
Unit Type 1 Information
Kitchen: 8x8
Levels: 1
Miscellaneous: Range/Oven, Refrigerator
Rent: 675
Rent Frequency: Monthly
Utilities: Fuel Gas, Heat Forced
Unit Type: 1 Bedroom
Unit Type 2 Information
Kitchen: 8x8
Levels: 1
Miscellaneous: Range/Oven,Refrigerator
Rent: 650
Rent Frequency: Monthly
Utilities: Heat Forced
Unit Type: 1 Bedroom
Exterior
Building Information
Building Information: Storage
Exterior Features
Exterior Features: Storage Shed
Fence YN: No
Roof: Asphalt
Property Features
Conversion: No
Property Information
Property Type: Residential Income
Attached Property
Property Sub Type: Duplex
Land Information
Current Use: Residential
Acres: <1/4 Acre
Lot Information
Lot Size Acres: 0.12
Road Surface Type: Asphalt
Road Frontage Type: NotApplic
Lot Features: Access
Road Access: Not Applic
Utilities
Utility Information
Solid Waste Information: No
Building Utilities: Separate Gas Meter,Sewer,Water
Location
School Information
High School District: Indianapolis Public Schools
Location Information
Directions: GPS Friendly
Tax Legal Description: Culver Riggs & Lynns Sub L298
Community Information
Low Maintenance Lifestyle YN: No
Public facts
Beds: —
Baths: —
Sq. Ft.: —
Stories: —
Lot Size: —
Style: Multi-Family (5+ Unit)
Year Built: —
Year Renovated: —
County: Marion County
APN: 490614125158000801
Home facts updated by county records on May 20, 2025
Other
Green Information
Direction Faces: West
Home Information
Foundation Details: Block
Construction Materials: Vinyl Siding
Structure Type: Duplex
Levels: One
Security Features: Smoke Detector(s)
Around this home
Schools
James Whitcomb Riley School 43
Public PreK-5 • Assigned • 0.5mi
4/10
Cold Spring School
Public K-8 • Assigned • 1.7mi
7/10
Shortridge High School
Public 9-12 • Assigned • 1.1mi
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 101° 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 • 46208
Average low and high temperatures (°F)
32
18
42
26
60
40
68
49
71
54
83
66
88
71
83
65
82
59
70
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.