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Indiana Multifamily Homes & Duplexes for Sale

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  • /49

    $259,999

    • 4 Beds
    • 2 Baths

    429 N Colorado Ave, Indianapolis, IN 46201

    This fully renovated duplex on the east side of Indianapolis offers an incredible opportunity for both investors and homeowners looking to offset their mortgage. With both sides vacant and ready to rent, you can move into one side and start collecting rent from the other immediately. Each unit features 2 beds, 1 bath and has been fully renovated in 2022, so there's no work needed-just move in or

    Tyler Lingle @properties

    429 N Colorado Ave, Indianapolis, IN 46201
  • /11

    $210,000

    • 4 Beds
    • 2 Baths
    • 2,000 Sq Ft

    1017 11th St, Tell City, IN 47586

    Welcome to 1017 11th Street in Tell City. This home has BRAND NEW windows throughout, a roof that is 2 years old and air conditioner that is not even a year old!! The big expenses have been taken care of and this house is ready for a new family to enjoy the spaciousness. In the home you will find a welcoming living room that flows well into the cozy kitchen. Off the kitchen is the master suite

    Caty Litherland Turnkey Realty & Property Management

    1017 11th St, Tell City, IN 47586
  • /14

    $99,000

    • 1 Bed
    • 1 Bath

    2870 Stuart St, Indianapolis, IN 46218

    DUBLEX Investor Opportunity! This income-producing double is primed for a flip or long-term rental. With major renovations already completed-including a new roof, subfloor, electrical, HVAC, siding, plumbing, and drywall-this property offers a solid foundation for your next project. Just bring your contractor to complete the finishing touches and unlock its full potential. Don't miss this

    Kelly Powell AMR Real Estate LLC

    2870 Stuart St, Indianapolis, IN 46218
  • /39

    $495,000

    • 4 Beds
    • 2 Baths
    • 2,202 Sq Ft

    704 Lincolnway, Valparaiso, IN 46383

    Situated c;lose to Valparaiso University and downtown Valparaiso, this 2--story building provides excellent exposure and location for any business! The R/T zoning allows for numerous commercial and professional uses but also allows for residential or mixed use! Property was recently used as a 2 unit rental with a 2-bedroom unit on each floor but is a perfect location for many types of

    Wendy Van Denburgh McColly Real Estate

    704 Lincolnway, Valparaiso, IN 46383
  • /14

    $140,000

    • 2 Beds
    • 2 Baths

    4920 E 34th St, Indianapolis, IN 46218

    Attention Investors! Looking for a cash-flowing occupied duplex?! Here you go! Just had a price improvement made. Current owner bought this as a duplex conversion. Single family rental property has been transformed into two individual one bedroom rental units. Both units are occupied and being managed by a professional property management company. Easy turnkey transition. Positive cash flow.

    Pamela Brown PMI Indianapolis

    4920 E 34th St, Indianapolis, IN 46218
  • /28

    $190,000

    • 2 Beds
    • 2 Baths

    3607 N Tacoma Ave, Indianapolis, IN 46218

    Fully rented brick two unit with 1 bedroom on each side. Each unit has 1 bedroom, 1 bath, and a basement area. Separate garage for two cars, fully fenced rear yard, large driveway. Tenants are month to month.

    Stacie Kidwell Sandoval F.C. Tucker Company

    3607 N Tacoma Ave, Indianapolis, IN 46218
  • /22

    $3,995,000

    • 40 Beds
    • 40 Baths
    • 23,310 Sq Ft

    1201 W Allen St, Bloomington, IN 47403

    Welcome to Hilltop Village, a charming 40-unit apartment complex nestled on 2.66 acres in an attractive location! This exceptional property comprises nine separate ranch-style buildings, providing 39 one-bedroom units, all remodeled within the past two years, offering modern comforts and style. The remaining unit has two separate entrances and serves as an office on one side, while the other side

    Audra Cannon CRM Properties, Inc

    1201 W Allen St, Bloomington, IN 47403
  • /17

    $164,900

    • 6 Beds
    • 2 Baths

    3319 N Capitol Ave, Indianapolis, IN 46208

    Excellent investment opportunity duplex with 3 bedrooms per side. Location is near downtown, children's museum, and fairgrounds. Duplex has alley access and parking as well as street parking. Must see and this will not last long. Both sides are in decent condition just waiting on your final touches. Live in one side and rent the other side!

    Kurt Clements Diverse Property Solutions Ind

    3319 N Capitol Ave, Indianapolis, IN 46208
  • /36

    $399,000

    • 4 Beds
    • 5 Baths
    • 2,578 Sq Ft

    4693&4695 N State Road 43 Rd, Solsberry, IN 47459

    100% occupied & newly renovated investment portfolio near Bloomington and Crane. Gross rent totals $3,450/mo (House $1850/mo, apartment $1000/mo, mobile home pad only $300/mo, two garages that are in the apartment building $300/mo). Located just 2 minutes away from the YOHO General Store, 15 mins to Bloomington Walmart. This property is low maintenance and stays leased up due to easy access to

    Wanqing (Megan) Dohman Century 21 Scheetz - Bloomington

    4693&4695 N State Road 43 Rd, Solsberry, IN 47459
  • /21

    $219,000

    • 5 Beds
    • 2 Baths

    3619 Salem St, Indianapolis, IN 46208

    Triplex opportunity in the heart of downtown Indianapolis! Are you Ready? Fully occupied with cash flow of $2600+/month. Two units have 1 bed/1 bath and another unit has 3 beds and 1.5 bath. The two single units are on main floor. The 3 bedroom unit is upstairs. Onsite parking as well as street parking available. Only minutes away from Butler-Tarkington. Three miles to Marian University. And

    Jason Justak eXp Realty, LLC

    3619 Salem St, Indianapolis, IN 46208
  • /14

    $149,900

    • 1,470 Sq Ft

    321 2nd St, Rising Sun, IN 47040

    Great Investment opportunity in Rising Sun! This duplex is perfect for generating rental income or offsetting your mortgage. The first-floor unit is occupied by a long-term tenant, providing immediate income, while the second-floor unit is vacant and ready for your vision. Owner pays water/trash (approx. $75/month); tenant covers gas/electric. Property sold as-is. Don't miss out!

    Alexis Jent Huff Realty Indiana

    321 2nd St, Rising Sun, IN 47040
  • /22

    $170,000

    • 3 Beds
    • 2 Baths
    • 1,317 Sq Ft

    905 Stewart Ave, Evansville, IN 47715

    Cute 3 Bedroom/2 bath home with newer (2017) flooring, refrigerator, range/oven, water heater, furnace, commodes. large partially fenced yard, coveredfront porch, large master bedroom, open LR/Kitchen/DR, separate laundry room. Tenant pays $1600/month and all utilities.

    Suzan North SOHN & ASSOCIATES, LTD.

    905 Stewart Ave, Evansville, IN 47715
  • /25

    $384,999

    • 2 Beds
    • 2.5 Baths
    • 2,255 Sq Ft

    8709 Lake Hills Dr, Saint John, IN 46373

    Motivated seller, willing to entertain serious offers!!Welcome to this beautifully updated 2-bedroom, 2.5 bath townhome in a prime location! Situated right across the street from a scenic lake and park, this home offers the perfect blend of tranquility and convenience. Step inside to brand new carpeting, fresh paint throughout, and new appliances that make this home move in ready. The spacious

    Tammy Viers Listing Leaders Northwest

    8709 Lake Hills Dr, Saint John, IN 46373
  • /26

    $279,500

    • 2 Beds
    • 2 Baths
    • 1,180 Sq Ft

    7501 E 111th Ln, Winfield, IN 46307

    Experience the charm and convenience of this exquisite, one-owner Ranch Townhome in the highly coveted Stonegate Commons community! Step inside to find a delightful zero-step entrance that welcomes you into a spacious, open-concept floor plan, offering an expansive living room perfect for entertaining friends and family or enjoying a quiet evening at home.The inviting eat-in kitchen is a true

    Jodie Ridderhoff Keller Williams Realty Group

    7501 E 111th Ln, Winfield, IN 46307
  • /27

    $348,900

    • 2 Beds
    • 2 Baths
    • 1,900 Sq Ft

    9567 Mill Creek Rd, Cedar Lake, IN 46303

    Step inside this stunning home, and you'll instantly feel the warmth and charm! Beyond its impeccable decor, this open-concept beauty offers plenty of space to enjoy. Featuring 2 bedrooms, an office, and a sunroom, this home is designed for comfort and style.The inviting living room boasts a cozy gas fireplace, perfect for relaxing evenings. In the kitchen, you'll find a massive island with

    Nicole Milford Compass Indiana, LLC

    9567 Mill Creek Rd, Cedar Lake, IN 46303
  • /21

    $299,900

    • 3 Beds
    • 2 Baths
    • 1,692 Sq Ft

    10409 White Oak Ln Unit 2b, Munster, IN 46321

    Turn-Key, Maintenance-Free Condo in Desirable Munster Subdivision! This 3-bedroom, 2-bathroom condo is move-in ready and located within Munster's top-rated school system. Situated in an elevator building for easy access, this home features an open-concept layout that seamlessly connects the kitchen, dining, and living areas. The spacious living room, complete with a cozy fireplace, opens to an

    Heather Bult @properties/Christie's Intl RE

    10409 White Oak Ln Unit 2b, Munster, IN 46321
  • /18

    $115,000

    • 1 Bed
    • 1 Bath

    3112 W 10th St, Indianapolis, IN 46222

    Unlock the potential of this affordable duplex located in the heart of Indianapolis, perfect for investors looking to expand their rental portfolio! This property offers TWO units, presenting a fantastic opportunity to generate steady rental income with some TLC. Currently, one side is rented for $700/month, providing immediate cash flow while you renovate the other unit. This fixer-upper is

    Kevin Hudoba Keller Williams Indpls Metro N

    3112 W 10th St, Indianapolis, IN 46222
  • /24

    $325,000

    • 3 Beds
    • 2 Baths
    • 1,608 Sq Ft

    2751 Sand Hollow Dr, Ulen, IN 46052

    Stunning 3-Bedroom, 2-Bathroom Ryan Home - Built in 2023! This meticulously maintained, low-maintenance ranch home offers the perfect blend of modern convenience and comfort. Built in 2023, the home features 3 spacious bedrooms and 2 full bathrooms, providing ample space for family living or entertaining guests. The well-appointed master suite boasts a luxurious master bath with a dual vanity,

    Nubia Medina BerkshireHathaway HS IN Realty

    2751 Sand Hollow Dr, Ulen, IN 46052
  • /24

    $386,500

    • 4 Beds
    • 2.5 Baths
    • 3,724 Sq Ft

    3076 Indiana 66, Tell City, IN 47586

    Welcome to 3076 E State Road 66 in Cannelton. Inside this stunning large home you will find 4 large bedrooms with ample closet space, 2.5 bathrooms, an office, along with a bar/sitting room. The kitchen and dining areas boast picturesque views of a lake and wooded acre, creating a tranquil atmosphere. An expansive deck with multiple accesses, including from the mater bedroom, provides ample

    Caty Litherland Turnkey Realty & Property Management

    3076 Indiana 66, Tell City, IN 47586
  • /30

    $364,000

    • 3 Beds
    • 2 Baths

    433 W Main St, Greenfield, IN 46140

    Incredible investment opportunity in the heart of Greenfield. Duplex which has been totally restored and updated now has an apartment up with all appliances and separate utilities and one of Greenfield's finest Airbnb's down. Both professionally managed and in prime location to benefit from Greenfield's charming downtown attractions -- restaurants, breweries, Pennsy Trail, The Depot, galleries

    Mark Dudley RE/MAX Realty Group

    433 W Main St, Greenfield, IN 46140
  • /4

    $42,500

    • 700 Sq Ft

    #2 SW Cor 075 W & 590 S, Wolcottville, IN 46795

    ALL REASONABLE OFFERS WILL BE CONSIDERED. Storage condo #2 is available for immediate purchase. Stop waiting for the cost of building materials to come down, don't sit on a wait list for another building to be constructed. This Indian Lakes Storage condo is ready for its new owner. 20 feet wide by 35 ft in depth should fit any boat, rv, or motorhome through the 12 ft insulated overhead door. No

    Daniel Orlando Mike Thomas Associates

    #2 SW Cor 075 W & 590 S, Wolcottville, IN 46795
  • /44

    $169,900

    • 4 Beds
    • 3 Baths

    427 W 9th St, Anderson, IN 46016

    Great opportunity for extra cash flow! This triplex offers a large main level unit with a spacious living area with a beautiful wood burning fireplace/dining room and 2 bedrooms with front and back entrances! Both units upstairs are accessible via private entrance and offer a great layout for residents to enjoy! All units have solid hardwood floors and come with appliances. Main level unit is

    Trevar Denney RE/MAX Real Estate Solutions

    427 W 9th St, Anderson, IN 46016
  • /43

    $499,000

    3041 S Kercheval Dr, Indianapolis, IN 46239

    Welcome to 3041 S Kerchavel. This home sits on just under an acre and offers a unique opportunity for multi family! Starting as a 4 bedroom 2 bath house, this home now has in addition to, a studio apartment with kitchen and full bath, private entrance and yard as well as an additional living space that offers a 1 bedroom, sunroom, covered patio, full kitchen, living room and laundry! This home

    Jenn Horton Highgarden Real Estate

    3041 S Kercheval Dr, Indianapolis, IN 46239
  • /15

    $125,000

    • 3 Beds
    • 2 Baths

    1816 Olive St, Indianapolis, IN 46203

    Duplex! minutes away from everything.. huge potential's with this fixer up/investment property..could be used as a rental property or single-family town houses, sold for twice the price! three bedroom two bath on each side.. seller will consider a land contract contact. agent for details! Please no wholesalers!!

    Stephen Benedict Jade Crown Realty

    1816 Olive St, Indianapolis, IN 46203
  • /20

    $499,000

    • 7 Beds
    • 5 Baths
    • 1,944 Sq Ft

    6825 E State Road 45, Bloomington, IN 47408

    Escape to the tranquility and privacy of this rare rural property offering not one, but three distinct parcels with endless possibilities. Located in a serene area with plenty of space to breathe, this property is perfect for those looking to enjoy quiet living while still maintaining a connection to the income-generating potential of the land. Please note, due to shared access, all four parcels

    Eileen Mejia Mejia Realty LLC

    6825 E State Road 45, Bloomington, IN 47408
  • /17

    $199,000

    • 4 Beds
    • 3 Baths

    1902 Rosemont Ave, New Castle, IN 47362

    Welcome to this partially tenant occupied triplex in New Castle. Unit A is a 1 bedroom 1 bath with a living room and kitchen. Unit B is a 2 bed room 1 bath unit with large living room and kitchen area. Unit C is vacant and is 1 bedroom 1 bathroom with living room and kitchen. Unit C was previously renting for $645 a month. Exterior parking lot and street parking. Each unit has own mail box.

    Sarah Schaefer White Stag Realty, LLC

    1902 Rosemont Ave, New Castle, IN 47362
  • /3

    $204,900

    • 5 Beds
    • 4 Baths

    502 N Harrison St, Rushville, IN 46173

    Seize this incredible opportunity to own a fully rented, income producing 4 unit in the heart of downtown Rushville! Situated on a highly visible corner lot, this well-maintained property offers excellent cash flow with tenants covering all utilities, maximizing your returns. This property is perfect for an owner occupant looking to live in one unit while generate passive income from the other

    Douglas Orr RE/MAX Tower

    502 N Harrison St, Rushville, IN 46173
  • /19

    $189,900

    • 3 Beds
    • 3 Baths

    2332 Washington St, Riley Township, IN 47802

    Calling all Investors ! If you are looking for a unique opportunity to own a triplex, this investment property is for you! This triplex offers secured Tenants, great annual income, low overhead and additional property for the opportunity to obtain the city's rezoning approval, to build additional income units and add to your annual net income. Call your favorite Realtor today!

    JENNY JONES New Beginnings Realty & Property Management

    2332 Washington St, Riley Township, IN 47802
  • /18

    $184,900

    • 1 Bed
    • 2 Baths

    2161 Ransdell St, Indianapolis, IN 46225

    Duplex for sale with great potential! While it needs some work, it offers a strong investment opportunity. One side is currently rented for $950/month, with room for higher rental income. Conveniently located near downtown and Garfield Park, this property is ideal for investors or buyers looking to add value.

    Mamadou Gueye Trueblood Real Estate

    2161 Ransdell St, Indianapolis, IN 46225
  • /36

    $899,000

    • 6 Beds
    • 4 Baths
    • 4,981 Sq Ft

    1031 E Jefferson Blvd, South Bend, IN 46617

    Step into the timeless elegance of this 6-bedroom, 4-bathroom Studebaker-built home, a true architectural masterpiece blending historic charm with modern updates. Located just minutes from the University of Notre Dame, this property offers strong short-term rental potential for game-day visitors, alumni, and traveling professionals. Adding even more value, a spacious carriage house features two

    Adam Pendl eXp Realty, LLC

    1031 E Jefferson Blvd, South Bend, IN 46617
  • /17

    $199,900

    • 2 Beds
    • 2 Baths
    • 1,392 Sq Ft

    1417 Brookside Dr Unit D1, Munster, IN 46321

    Welcome Home to this well maintained 2-bed, 2-bath condo in sought after Twin Creek, perfectly situated on the main level for easy access. Upon entering, enjoy the open flow between the living room, dining room, and kitchen, complete with ceramic tile and a large breakfast bar for additional seating. Wood Laminate floors throughout create a modern and low-maintenance feel. The spacious primary

    Bill Kornblum Realty Executives Premier

    1417 Brookside Dr Unit D1, Munster, IN 46321
  • /4

    $160,000

    • 2 Beds
    • 1 Bath
    • 896 Sq Ft

    1208 1210 S Lombard Ave, Evansville, IN 47714

    In addition to being an income producing asset, it can also be a home to the owner with the tenant's rental payment taking care of a lot or most of the mortgage payment!!! This ALL BRICK two Bedroom One Bath each side property is located on a well known street, and just twelve blocks south of the Lloyd Expressway!! It is a convenient location! Each unit has a separate utility meter and tenant

    Sherry Hancock ERA FIRST ADVANTAGE REALTY, INC

    1208 1210 S Lombard Ave, Evansville, IN 47714
  • /13

    $219,900

    • 4 Beds
    • 2 Baths
    • 1,456 Sq Ft

    29954 Cardinal Ave, Elkhart, IN 46516

    Well maintained duplex with quality tenants and good income. Separate meters & Tenant's pay own utilities. 2 bedroom 1 bathroom on each side. West side has exclusive use of 2-car garage. Nice updates done to interiors.

    Travis Bontrager Bontrager Realty, LLC

    29954 Cardinal Ave, Elkhart, IN 46516
  • /10

    $163,000

    • 4 Beds
    • 4 Baths
    • 4,353 Sq Ft

    807 Washington Ave, Evansville, IN 47713

    Great Investment Opportunity near downtown Haynie's Corner! 6 unit investment opportunity: 2 residential units upstairs, 2 residential units downstairs, 1 commercial unit (2,00 sq ft could be 2), and a building in the back - could be an office, another unit or storage. Property also includes vacant lots across the street. These lots would make great parking lot

    Jonathan Baker BAKER AUCTION & REALTY

    807 Washington Ave, Evansville, IN 47713
  • /10

    $474,900

    • 6 Beds
    • 8 Baths
    • 8,234 Sq Ft

    258 Main Ave Unit 1-8, Frankfort, IN 46041

    This fully rented 8-plex is an incredible investment opportunity, offering steady income from day one. Each unit is occupied, providing immediate cash flow, while the property itself has a range of desirable features. A detached garage, already rented, along with a large carport for additional covered parking. Tenants enjoy the convenience of an in-building laundry facility located in the

    Jazah Jones BerkshireHathaway HS IN Realty

    258 Main Ave Unit 1-8, Frankfort, IN 46041
  • /11

    $113,400

    • 4 Beds
    • 1 Bath
    • 1,828 Sq Ft

    9630 W State Road 120, Orland, IN 46776

    Sold AS IS this 4 bedroom, 1 bath home with main level laundry, attached 2 car garage, walk around porch & extra large yard within walking distance to Orland offers potential

    Dallas Barkman CENTURY 21 Bradley Realty, Inc

    9630 W State Road 120, Orland, IN 46776
  • /25

    $145,000

    • 6 Beds
    • 2 Baths

    35 N Arsenal Ave, Indianapolis, IN 46201

    This spacious duplex offers two identical 3-bedroom, 1-bath units with significant investment potential. While both units need substantial renovation, they provide a solid foundation for customization and value-add improvements. Each unit features a large living area with ample natural light, and the kitchens offer plenty of space for a full upgrade. The primary bedrooms are generously sized, and

    Andrew Taylor Real Broker, LLC

    35 N Arsenal Ave, Indianapolis, IN 46201
  • /22

    $215,000

    • 2 Beds
    • 1 Bath

    2862 Highland Place, Indianapolis, IN 46208

    Great investment opportunity in an increasingly popular area. 2bd 1bath both sides with fresh, modern updates. One side is leased making this an instant cash flowing property. Numerous ceiling fans, formal dining room and ample natural light make for very comfortable living! Large backyard creates numerous possibilities.

    Virginia Iozzo Epique Inc

    2862 Highland Place, Indianapolis, IN 46208
  • /13

    $157,000

    • 2 Beds
    • 2 Baths

    28 S Hawthorne Ln, Indianapolis, IN 46219

    Cozy duplex located in super sought after Irvington!! One first floor and one second floor unit. Original hardwood throughout as well as hardwood trim. Large backyard and a great rear deck. Tons of opportunity, you could make it home or continue to use it as an income property. Make you private showing soon!

    Brian Lunsford RE/MAX Advanced Realty

    28 S Hawthorne Ln, Indianapolis, IN 46219
  • /24

    $99,900

    • 6 Beds
    • 2 Baths

    18 N Sherman Dr, Indianapolis, IN 46201

    Great income potential in this 3 bedrooms 1 bath per side duplex. This duplex is located in the heart of town between Irvington & Downtown. The home features plenty of rear parking and includes a 2c-d garage. You will be hard pressed to find a property with this much potential. Both sides need TLC, but will make an excellent investment.

    Daniel Witte Witte Realty Group LLC

    18 N Sherman Dr, Indianapolis, IN 46201

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