Multi Family homes for sale & real estate in 46218, IN

Multi Family Home for sale in 46218, IN:

FIVE UNIT INVESTMENT BRINGING IN $13,100/MONTH - ALMOST FULLY LEASED, TURNKEY, AND POSITIONED FOR LONG-TERM APPRECIATION! 1340 North Park Avenue is a heavily updated five-unit building in the heart of the Old Northside, one of Indianapolis' most historic, walkable, & consistently appreciating neighborhoods. Producing $13,100 in monthly income, ($157,200 annually), this stabilized asset delivers immediate cash flow with strong tenant demand and minimal operational lift. Each spacious residence offers two bedrooms and two bathrooms with updated kitchens, refreshed bathrooms, modern layouts, and in-unit laundry hookups. The penthouse stands out with a private rooftop deck and downtown vie

Multi Family Home for sale in 46218, IN:

Occupied duplex investment opportunity at 2207-2209 N Admiral Drive with current rents totaling $1,650 per month. Unit 2207 rents for $800/month, and unit 2209 rents for $850/month, representing $19,800 in annual scheduled gross rent. Both long time tenants have expressed interest in remaining. County records indicate approximately 1,632 total square feet. An opportunity to acquire two rental units with tenants already in place.

Multi Family Home for sale in 46218, IN:

Investment opportunity: All-brick/stone wrap duplex in private neighborhood, Imperial Estates. This property features two units (6143 & 6145 E Nelson Pl), each with 2 beds and 1 bath on both sides. New laminate hardwood flooring was installed in 2025. Newly painted all interior. New roof replaced in 2025. Long-term tenants in both units produce $1800/month in gross rents. This property presents a unique opportunity for those seeking a flexible living solution or an investment in a desirable location.

Multi Family Home for sale in 46218, IN:

Investment opportunity: All-brick/stone wrap duplex in private neighborhood, Imperial Estates. This property features two units (6147 & 6149 E Nelson Pl), each with 2 beds and 1 bath on both sides. New laminate hardwood flooring was installed in 2025. A new roof replaced in 2025. Long-term tenants in both units produce $1600/month($800 each)in gross rents. This property presents a unique opportunity for those seeking a flexible living solution or an investment in a desirable location.

Multi Family Home for sale in 46218, IN:

Attention investors and homeowners! Here's a great opportunity to own a recently updated 3-bedroom, 1.5-bath-per-side duplex in the desirable Mapleton-Fall Creek area. Fully vacant and ready for immediate occupancy, this property is ideal for an owner-occupant looking to house-hack or an investor ready to place tenants and begin generating rental income. The property underwent a major renovation in 2026, including updated modern kitchens with granite countertops and appliances, refreshed bathrooms with tiled showers, new pet-friendly luxury vinyl plank flooring, and additional interior improvements. Mechanical updates include newer furnaces. Each spacious unit features a welcoming covered f

Multi Family Home for sale in 46218, IN:

Discover a compelling investment opportunity at 3326 N Park AVE, INDIANAPOLIS, IN, USA. Built in 1928, this two-story duplex presents a great option for investors and handy homeowners alike, offering a blend of traditional charm and potential. Both sides feature 3 bedrooms and 1.5 bathrooms, with large living rooms, and updated kitchens and bathrooms. Previously rented at $1350 a side, home is currently vacant leaving the new owner the possibility or renting both for passive income, or living in one unit and renting the other side to pay the mortgage.