Indiana Multifamily Homes & Duplexes for Sale

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  /36

  $225,000

  • 3 Beds
  • 2 Baths
  • 1,680 Sq Ft

  206 W Main St, Lewisville, IN 47352

  Turnkey Short-Term Rental Investment Opportunity in East Central Indiana This fully furnished and beautifully remodeled 3-bedroom, 2-bath home offers a rare turnkey investment opportunity in the heart of East Central Indiana. Located directly on US 40 in the quiet town of Lewisville, this charming 1.5-story home has been successfully used as a short-term rental with strong occupancy rates. With

  

  Susan Falck-Neal

  RE/MAX First Integrity

  (765) 575-7727

  206 W Main St, Lewisville, IN 47352
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  /21

  $143,500

  • 3 Beds
  • 2 Baths
  • 1,916 Sq Ft

  251 E 5th St, Peru, IN 46970

  Welcome to 251 E 5th Street in Peru, IN! This big 2-story home sits on a corner lot right across from a park—great for playing or relaxing. The city just approved it to be used as a duplex, so you can turn it into two homes in one! Work has already started: there’s new plumbing, new gas lines, some new drywall, fresh paint, new flooring and new kitchen appliances. The roof is only 3 years old,

  

  Memi Rennewanz

  MPR Realty, LLC

  (765) 722-2713

  251 E 5th St, Peru, IN 46970
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  /43

  $330,000

  • 6 Beds

  321 E 31st St, Indianapolis, IN 46205

  Located in the Mapleton Neighborhood! Welcome to your dream duplex! This beautifully maintained turnkey Duplex property is the perfect property for an investment. From the moment you walk in, you'll be impressed by the thoughtful design, fresh finishes, and immaculate condition-there's nothing to do but move in and start living!

  

  Timothy O'Connor

  Berkshire Hathaway Home

  (317) 648-0374

  321 E 31st St, Indianapolis, IN 46205
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  /18

  $154,900

  • 4 Beds
  • 2 Baths
  • 1,632 Sq Ft

  1724 Lake Ave, Whiting, IN 46394

  Attention Investors and House Hackers! Welcome to this prime opportunity to own 2 buildings in Whiting, Indiana! The front building offers 2 bedrooms, a 3/4 bathroom and an unfinished basement. The unit in the back is a 2 bedroom and a 3/4 bathroom unit as well. Don't miss this opportunity to fix up these units, and then live in one and rent out the other! Schedule your showing today!

  

  Steve Monsma

  Weichert Realtors - Shoreline

  (219) 247-8465

  1724 Lake Ave, Whiting, IN 46394
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  /5

  $165,000

  • 5 Beds
  • 4 Baths
  • 3,358 Sq Ft

  809 Jefferson Ave Unit 1-4, Evansville, IN 47713

  Large 4-unit property. Three of four units currently rented. Unit B pays their own electric bill. Unit B has new laminate wood flooring. Newer stairs in back of building (2023). Two (2) New heaters installed (2025). Annual numbers are estimating values Building being sold As-Is.

  

  Michelle Stanger

  Stanger Homes, LLC

  (812) 609-6308

  809 Jefferson Ave Unit 1-4, Evansville, IN 47713
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  /56

  $179,900

  • 6 Beds
  • 2 Baths

  3214 & 3216 N Capitol Ave, Indianapolis, IN 46208

  This duplex is ready for new owners, some updates, and new tenants. Live in one side and rent out the other, or have two great income-producing units with a little bit of rehab. 3 bedrooms and 1 bath on both sides. This property is part of a 15-property portfolio and can be bought individually or as part of the package.

  

  James Abner

  eXp Realty, LLC

  (317) 743-3621

  3214 & 3216 N Capitol Ave, Indianapolis, IN 46208
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  /15

  $119,900

  • 4 Beds
  • 2 Baths

  1724 N Somerset Ave, Indianapolis, IN 46222

  Solid Block double. 2-bedrooms per side. Located East of Indianapolis Motor Speedway. Great potential with a little work. Property is currently vacant. Rent has been between $850-$1,200 per month according to past listings.

  

  Timothy O'Connor

  Berkshire Hathaway Home

  (463) 223-9740

  1724 N Somerset Ave, Indianapolis, IN 46222
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  /35

  $435,000

  • 5 Beds
  • 3 Baths
  • 1,676 Sq Ft

  1101 S Rogers St, Bloomington, IN 47403

  This well-maintained triplex sits in the heart of Bloomington’s vibrant McDoel Gardens neighborhood—just steps from Switchyard Park, the B-Line Trail, Hopscotch Coffee, Cardinal Spirits, and Southern Stone Restaurant. This property has a HAND rental permit - 3 unrelated tenants PER UNIT! Located on the city bus line, the property offers both exceptional convenience and strong tenant appeal. Each

  

  Laura Stevens

  The Indiana Team LLC

  (812) 497-8099

  1101 S Rogers St, Bloomington, IN 47403
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  /21

  $950,000

  • 6 Beds
  • 5 Baths

  6795 W 21st St, Indianapolis, IN 46214

  Rare multi-use property on 4.3 acres with several income producing structures already in place*. Property is ideal for Home Business, Multi-Generational Living or Investment. WELCOME to your dream compound near "Speedway" yet with all the peace and freedom of country living. Property includes main home with in-law quarters, pool, pole barn, and several income-producing opportunities. The main

  

  Janet Giles

  Your Realty Link, LLC

  (765) 268-5769

  6795 W 21st St, Indianapolis, IN 46214
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  /35

  $1,500,000

  • 8 Beds
  • 4 Baths
  • 3,269 Sq Ft

  309 SE 2nd St, Washington, IN 47501

  Great Cap Rate!! Total Gross Income of over $16,781.00 Monthly. This is a total package 19 rental Units to be sold as one Portfolio all located in Washington IN! Addresses and rents are as followed: 211 S Meridian Street (14-10-34-201-043.000-017): $1550.00, 107 NE 2nd St (14-10-27-403-042.000-017): $1100.00, 601 N St Rd 57 (14-10-27-401-006.000-017): $781.00, 312 N St Rd 57

  

  Delmar Wagler

  Integrity Realty Group LLC

  (812) 220-0171

  309 SE 2nd St, Washington, IN 47501
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  /16

  $149,900

  • 11 Beds
  • 9 Baths

  1602 E Minnesota St, Indianapolis, IN 46203

  4-unit property and 2-bedroom single family home all on 1 lot. Unit 4 is occupied. All 5 units were occupied, and each tenant was paying $1,000 per month. The 2-bedroom single family home has separate furnace and air-conditioner. The 4-unit building has 2 furnaces for the 4 units Owner pays for the gas, electric and water. Great investment opportunity.

  

  Timothy O'Connor

  Berkshire Hathaway Home

  (463) 223-4024

  1602 E Minnesota St, Indianapolis, IN 46203
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  /23

  $80,000

  • 2 Beds
  • 1 Bath

  806 S 8th St, Richmond, IN 47374

  Add the finishing touch to this multi-family home. Each Unit is a 2BR 1BA with first floor laundry. This project is ideal for investors or homeowners looking to customize the final details. New furnaces. New water heaters.

  

  Elizabeth Hughey

  White's Farm Est. 1922 DBA White's Realty

  (765) 548-3469

  806 S 8th St, Richmond, IN 47374
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  /19

  $139,900

  • 4 Beds
  • 2 Baths
  • 1,853 Sq Ft

  520 N Alameda Dr, Muncie, IN 47303

  Don't miss this opportunity to add to your investment portfolio!! Check out this affordable duplex near BSU campus. If you've been looking for another rental, don't pass this one up! Brand-new HVAC system installed August 2024!

  

  Lisa Buckner

  RE/MAX Real Estate Groups

  (765) 723-6881

  520 N Alameda Dr, Muncie, IN 47303
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  /14

  $84,900

  • 1,132 Sq Ft

  620 S 8th St, Richmond, IN 47374

  This is an exceptional home that is currently a duplex, the condition for the price is amazing, and you will not believe all the amenities that this fantastic deal has to offer. The two plus car detached garage is perfect for a car enthusiast, and with the upstairs apartment you could live in this home for free. Call or text Kyle Tom today @ 765.220.0199 for your private tour or visit

  

  Kyle Tom

  Coldwell Banker Lingle

  (765) 752-1833

  620 S 8th St, Richmond, IN 47374
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  /9

  $99,750

  • 1,308 Sq Ft

  414 S 9th St, Richmond, IN 47374

  Great commercial opportunity with heavy traffic flow and high visibility. This site has potential for further expansion of existing or new retail opportunities. This site is located immediately north of the existing Family Dollar store at the corner of US 27 and South E Street. This property is also available as a long term investment rental with 2 large apartments and a very nice rentable 2.5

  

  Kyle Tom

  Coldwell Banker Lingle

  (765) 945-2590

  414 S 9th St, Richmond, IN 47374
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  /21

  $209,000

  • 4 Beds
  • 3 Baths

  190 E Washington St, Morgantown, IN 46160

  Income Producing Tri-Plex located in a very walkable location to downtown Morgantown. Both apartments on the main level are 1 bed/1 bath. The upstairs apartment features 2 beds/1 bath. Gross monthly income of $2,335. Lease terms available upon request. Property includes basement ready for your inspection. All three apartments have private entrances and onsite parking. Washer, Dryer, Oven/Range,

  

  Ron Rose

  Indiana Realty Pros, Inc.

  (812) 994-4976

  190 E Washington St, Morgantown, IN 46160
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  /31

  $299,900

  • 4 Beds
  • 2 Baths
  • 1,748 Sq Ft

  2412 Schrage Ave, Whiting, IN 46394

  TURNKEY remodeled 2-unit property in the heart of Whiting, Indiana! Perfect for owner-occupants or investors--live in one unit and rent the other, or add this as an income-producing property to your portfolio. Each unit offers 2 bedrooms, 1 full bath, a living room, and a kitchen with both front and rear entrances for convenience and privacy. Recent updates include newer windows, updated

  

  Melissa Yanez

  Favela Real Estate, LLC

  (219) 327-7113

  2412 Schrage Ave, Whiting, IN 46394
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  /35

  $660,000

  • 8 Beds
  • 8 Baths
  • 2,512 Sq Ft

  103-117 Jeffrey St, Chesterton, IN 46304

  INCREDIBLE investment opportunity less than 1 hour from Chicago. Take a look at these fully rented and well maintained duplexes in the highly desirable town of Chesterton. Easy commute to I-94, Indiana Toll Road, and the South Shore Train line. A/C and Floors updated and these are turn-key rentals ready to start earning you revenue. Great possibility to grow your portfolio or live in one side

  

  Nick Scalise

  Listing Leaders

  (219) 327-8192

  103-117 Jeffrey St, Chesterton, IN 46304
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  /34

  $495,000

  • 6 Beds
  • 6 Baths
  • 1,884 Sq Ft

  106 Jeffrey St, Chesterton, IN 46304

  3 unit investment opportunity less than 1 hour from Chicago. Take a look at these fully rented and well maintained duplexes in the highly desirable town of Chesterton with Award winning Duneland Schools. Easy commute to I-94, Indiana Toll Road, and the South Shore Train line. A/C and Floors updated and these are turn-key rentals ready to start earning you revenue. Great possibility to grow your

  

  Nick Scalise

  Listing Leaders

  (219) 300-6812

  106 Jeffrey St, Chesterton, IN 46304
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  /29

  $375,000

  • 4 Beds
  • 2 Baths
  • 1,872 Sq Ft

  200 Ivy St, Chesterton, IN 46304

  Welcome to this beautifully fully renovated home in the heart of downtown Chesterton! Featuring two separate units with private entrances, this home is currently being enjoyed as a spacious single family residence with a versatile related living space on the lower level. Each level is equipped with its own furnace, air conditioning, and water heater, offering comfort and efficiency throughout.

  

  Lisa Gaff

  White Hat Realty Group, LLC

  (219) 336-0887

  200 Ivy St, Chesterton, IN 46304
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  /20

  $199,000

  • 3 Beds
  • 2 Baths
  • 1,266 Sq Ft

  6639 Alexander Ave, Hammond, IN 46323

  Great investment opportunity! This income-producing 2-unit property features a front unit with 2 bedrooms and 1 bathroom, and a rear unit with 1 bedroom and 1 bathroom. The rear unit is currently rented at 795/month, while the front unit is vacant and has rental potential of 1,400/month. Don't miss your chance to start or expand your rental portfolio with this promising property!

  

  Jeff McCormick

  McCormick Real Estate, Inc.

  (219) 533-8207

  6639 Alexander Ave, Hammond, IN 46323
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  /20

  $287,500

  • 4 Beds
  • 3 Baths

  552 Jefferson Ave, Indianapolis, IN 46201

  Turnkey Duplex Near Downtown Indianapolis - Newly Remodeled & Fully Occupied Excellent investment opportunity just minutes from downtown Indianapolis! This fully remodeled duplex offers modern updates and strong rental income. Renovated in 2019, the property features a brand-new roof, updated mechanicals, and stylish interior finishes throughout both units. Unit 1: Spacious 3 bedrooms, 2

  

  Jessica Green

  CityPlace Realty

  (317) 548-0088

  552 Jefferson Ave, Indianapolis, IN 46201
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  /13

  $250,000

  • 4 Beds
  • 2 Baths
  • 1,920 Sq Ft

  1026 & 1028 N 9th St, Terre Haute, IN 47807

  Seize the chance to own a Brand-New Duplex in the heart of Terre Haute, Indiana. This is a perfect opportunity for both seasoned and first-time investors to secure a quality asset in a growing market. Whether you're expanding your portfolio or starting your real estate journey, this duplex delivers value from day one with it's two spacious units, each with 2 bedrooms and 1 full bathroom. Ideal

  

  Delmar Wagler

  Integrity Realty Group LLC

  (812) 613-2570

  1026 & 1028 N 9th St, Terre Haute, IN 47807
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  /35

  $685,000

  • 3 Beds
  • 2 Baths

  10334 Us Highway 50, Aurora, IN 47001

  Incredible Income Opportunity or convert back to single family! Discover this expansive all-brick, two-story home featuring three distinct apartments. The main floor unit offers 2 bedrooms and 2 full baths, currently renting for $1,800. Head upstairs to find a spacious second-floor apartment boasting 3-4 bedrooms and 2 full baths, complete with a large private front patio and an additional

  

  Jay Knowles

  Keller Williams River Town Realty

  (812) 561-7482

  10334 Us Highway 50, Aurora, IN 47001
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  /30

  $175,000

  • 3 Beds
  • 2 Baths

  415 Harlan St, Indianapolis, IN 46201

  Fountain Square - Christian Park turnkey duplex. Can also function as a single-family home with separate in-law quarters. Both units are vacant & move-in ready. The larger, lower unit features 2 bedrooms & contain access to the basement, while the upper unit features one large beedroom. Off-street parking for two vehicles. Recent updates include a newer roof, all new vinyl windows, rebuilt

  Catherine Keen United Real Estate Indpls

  415 Harlan St, Indianapolis, IN 46201
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  /27

  $140,000

  • 6 Beds
  • 2 Baths
  • 2,088 Sq Ft

  917 W Washington Blvd, Fort Wayne, IN 46802

  Investment opportunity in the heart of downtown! This duplex in the West Central historic district is zoned R3 and ideally located just minutes from Promenade Park, Parkview Field, Electric Works, and a vibrant mix of dining and entertainment. Each unit offers a possible 3-bedroom, 1-bath layout and generates approximately $1,400/month in rent, providing strong income potential. This property

  Honey Fender Anthony REALTORS

  917 W Washington Blvd, Fort Wayne, IN 46802
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  /27

  $244,900

  • 3 Beds
  • 2 Baths
  • 1,740 Sq Ft

  12 Vicki Dr, Vincennes, IN 47591

  Welcome to 12 Vicki Drive—a charming and meticulously maintained home situated on a beautiful corner lot at the end of a quiet dead-end street in one of Vincennes’ most desirable residential neighborhoods. This exceptional property offers privacy, comfort, and a well-thought-out floor plan that effortlessly accommodates both everyday living and entertaining. Built in 1996 and offering over 1,700

  Trey Miller RE/MAX Mainstream

  12 Vicki Dr, Vincennes, IN 47591
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  /16

  $239,999 Open Sun 1PM - 3PM

  • 3 Beds
  • 2 Baths
  • 1,416 Sq Ft

  270 Rapid Rill Ln, Brownsburg, IN 46112

  Open House Sunday August 10th - 1-3pm Fabulous 3 bedroom 2 bath brick home in Brownsburg. Entering from the covered front porch, you're greeted with a large great room featuring vaulted ceilings and a wood-burning fireplace. The kitchen has been updated with newer appliances. It offers a pantry and adjoins a sizeable breakfast room. The sunroom is glorious with tons of natural light and access to

  Tony Reffeitt Integrity Real Estate

  270 Rapid Rill Ln, Brownsburg, IN 46112
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  /43

  $225,000

  • 6 Beds
  • 1 Bath

  505 W 40th St, Indianapolis, IN 46208

  Incredibly rare, 2-story historic multi-family property in Butler-Tarkington neighborhood. Minutes from mid-town, Broad Ripple, interstate access, parks, schools, and much more! Enclosed, private back yard and separate enclosed front porches. 2-car detached garage for off-street parking. Appears to have been previously been 3 Bedrooms per side, but now converted to one unit having an extra

  Chris Price Keller Williams Indy Metro S

  505 W 40th St, Indianapolis, IN 46208
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  /43

  $479,000

  • 9 Beds
  • 1 Bath

  961 Woodruff Place Dr W, Indianapolis, IN 46201

  Grand 1910 Tudor Revival Duplex in Historic Woodruff Place One of the largest duplexes in Woodruff Place is ready for its next stewards! This stunning 1910 Tudor Revival residence offers a rare opportunity to own a piece of Indianapolis history in one of the city's most charming and sought-after neighborhoods. Nestled among mature trees and the iconic esplanades of Woodruff Place-complete

  Debbie Pidgeon United Real Estate Indpls

  961 Woodruff Place Dr W, Indianapolis, IN 46201
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  /36

  $845,000

  • 5 Beds
  • 3.5 Baths
  • 5,290 Sq Ft

  1066 N Aspen Dr, Vincennes, IN 47591

  Luxurious 5-Bedroom Home on 1.5 Acres | 1066 Aspen Drive, Vincennes, IN Discover the epitome of upscale living in this remarkable 5-bedroom, 3.5-bathroom home, offering over 5,000 square feet of meticulously designed living space. Nestled on 1.5 acres in a desirable neighborhood, 1066 Aspen Drive combines modern luxury with spacious comfort, making it the perfect home for both relaxation and

  Trey Miller RE/MAX Mainstream

  1066 N Aspen Dr, Vincennes, IN 47591
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  /44

  $261,990 New Construction

  • 2 - 3 Beds
  • 1.5 - 2.5 Baths
  • 1,247+ Sq Ft

  Wembley Plan at Parkrose - Paired Patio Homes Collection, Greenfield, IN 46140

  The Wembley by Fischer Homes offers a beautifully designed open floor plan with an island kitchen, perfect for modern living and entertaining. The main level features a first-floor owners suite with a spacious walk-in closet and the option to add a double vanity in the owners bath. Enjoy versatile spaces with an included living room that can be upgraded to a private study. Outdoor living is

  

  Fischer Homes

  Builder

  684 Firefly Ct Unit 36659146, Greenfield, IN 46140
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  /42

  $170,000

  • 3 Beds
  • 1 Bath
  • 2,166 Sq Ft

  4175 E Bellefontaine Rd, Hamilton, IN 46742

  Updated home just 3 blocks from downtown Hamilton. New insulation, siding, metal roof, deck, some windows and interior, attached garage, partial concrete drive, 200 amp electrical box all in 2020! Full basement with electric water heater and natural gas furnace. Three bedroom, one bath, 2,166 sq. ft. Close to Hamilton Lake and many amenities.

  Don Oberlin Oberlin Real Estate & Auctioneers Inc.

  4175 E Bellefontaine Rd, Hamilton, IN 46742
• 

  

  /39

  $280,000

  • 5 Beds
  • 2 Baths

  1049 S Tremont St, Indianapolis, IN 46221

  Turnkey duplex just five minutes from downtown Indianapolis, a perfect opportunity for investors or house hackers alike! This fully renovated property features two updated units: a 2-bedroom, 1-bath unit and a 3-bedroom, 1-bath unit, both with separate entrances, spacious layouts, and modern finishes. Each side is move-in ready and ideal for generating immediate rental income. Whether you choose

  Jayson Velasquez Triple E Realty, LLC

  1049 S Tremont St, Indianapolis, IN 46221
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  /15

  $125,000

  • 4 Beds
  • 2 Baths
  • 1,843 Sq Ft

  730 Webster St, South Bend, IN 46619

  Two homes on one lot in South Bend! One home is 3 bed / 1 bath and the other home is 1 bed / 1 bath. Many updates. Perfect for your next rental or great for combined family living! Recently occupied but now vacant. Sold as-is with no repairs

  Susan Beyler Harbor & Lake Real Estate

  730 Webster St, South Bend, IN 46619
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  /36

  $149,000

  • 5 Beds
  • 4 Baths
  • 4,786 Sq Ft

  160 W 3rd St, Peru, IN 46970

  Fantastic investment opportunity with this 4 unit apartment building with 4 car garage for additional income. All 4 units occupied with long term tenants and an income of $3650. 3 units are 1BR/1BA and 1 2BR/1BA unit. All are large with plenty of living space. 3 refrigerators, 4 gas stoves, and coin operated washer and dryer included in the sale.

  Star McClain Rogers Auction & Real Estate

  160 W 3rd St, Peru, IN 46970
• 

  

  /28

  $395,000

  • 4 Beds
  • 2 Baths
  • 1,836 Sq Ft

  2145 E 770 S, Wolcottville, IN 46795

  Unlock the potential of this rare lakefront duplex-style property on Witmer Lake, part of the highly sought-after Indian Lakes Chain. Situated on a double lot with 100 feet of channel frontage, this updated 4-bedroom, 2-bath home offers versatile income-producing options including Airbnb, long-term rental, or house hacking. The main level features 3 bedrooms, a full bath, laundry, and an

  Lucas Deck Weichert Realtors - Hoosier Heartland

  2145 E 770 S, Wolcottville, IN 46795
• 

  

  /69

  $240,000

  • 5 Beds
  • 3 Baths

  607 Chestnut St, Anderson, IN 46012

  Come see this fully occupied triplex, just blocks away from Anderson University campus. There is a history of consistent rental income, and consistent upkeep overtime. The property has close proximity to tons of amenities, major retailers, shops, downtown Anderson, and is just minutes from Mounds State & Shadyside Memorial Parks. The backyard is perfect for relaxing in the evenings or enjoying a

  Matthew Wehner Gardner Property Group

  607 Chestnut St, Anderson, IN 46012
• 

  

  /25

  $139,500

  • 2 Beds
  • 2 Baths

  4310 E Michigan St, Indianapolis, IN 46201

  Investor Special! Fully leased duplex-an excellent opportunity for cash flow from day one. This turnkey property meets the 1% rule, making it a great fit for buy-and-hold investors. Tenants already in place, professionally managed, and ready for new ownership. Don't miss this low-maintenance addition to your portfolio!

  Anthony Jackson-Moses Tip Top Realty, LLC

  4310 E Michigan St, Indianapolis, IN 46201
• 

  

  /33

  $150,000

  • 4 Beds
  • 2 Baths

  22 Wallace Ave, Indianapolis, IN 46201

  Great duplex for investors or an owner occupied buyer. One unit is currently occupied by a tenant, providing immediate cash flow, while the other unit is vacant and move-in ready, ideal for a new owner or to lease at market rent. Each side offers 2 bedrooms and 1 bathroom with spacious layouts, separate entrances and 1 car detached garage for each unit. Home is conveniently located, minutes away

  Evona Watson Triple E Realty, LLC

  22 Wallace Ave, Indianapolis, IN 46201

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