Indiana Multifamily Homes & Duplexes for Sale

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  /24

  $175,000

  • 4 Beds
  • 2 Baths

  218 N Rural St, Indianapolis, IN 46201

  INVESTOR ALERT! Don't miss this income-generating duplex at 218-220 N Rural St, just minutes from downtown Indianapolis! Located in the rapidly appreciating near eastside, this property offers unbeatable access to Gainbridge Fieldhouse, Lucas Oil Stadium, Mass Ave, the Bottleworks District, and major employers-making it a highly desirable rental location. Each unit features 2 bedrooms and 1

  Peter Stewart Keller Williams Indpls Metro N

  218 N Rural St, Indianapolis, IN 46201
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  /8

  $680,000

  • 10 Beds
  • 10 Baths
  • 6,996 Sq Ft

  80 W Jefferson St, Spencer, IN 47460

  This offering includes two identical multifamily buildings, each featuring five 1-bedroom, 1-bathroom ground-floor apartments, ideally located within walking distance of the Spencer downtown square. Positioned on Jefferson and Wayne Streets, these properties offer immediate access to local shops, restaurants, and community amenities, making them highly desirable for tenants seeking small-town

  Chris Cockerham FC Tucker/Bloomington REALTORS

  80 W Jefferson St, Spencer, IN 47460
• 

  

  

  /22

  $1,890,000

  • 2 Beds
  • 2 Baths
  • 1,000 Sq Ft

  636 W Francis Ave Unit 638, Clarksville, IN 47129

  An Opportunity For A Great Portfolio Addition of 20 Doors! Francis Place Duplexes consists of 10 contiguous buildings in Clarksville Indiana, a short distance from exit 1 at I-65. Located on an ideal street for this private cluster of duplexes. Each unit features 2 bedrooms, 1.5 bath with a walk-out lower level. Low maintenance brick exteriors, updated interiors, and a great location make this

  Aaron Withrow Keller Williams Louisville East

  636 W Francis Ave Unit 638, Clarksville, IN 47129
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  /14

  $110,000

  • 1 Bed
  • 1 Bath

  609 Udell St, Indianapolis, IN 46208

  Duplex with 1 bed, 1 bath, living room and kitchen on each side in the near West side on a block with many renovated houses! Utilities are metered separately. Seller has never occupied nor lived in the property and has limited knowledge of property systems and conditions. Sold AS IS.

  Terry Gerstner F.C. Tucker Company

  609 Udell St, Indianapolis, IN 46208
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  /36

  $169,900

  • 3 Beds
  • 4 Baths
  • 2,220 Sq Ft

  3001 S Hanna St, Fort Wayne, IN 46806

  Investment Opportunity for the handyman! This 4 unit building includes 3 one bed/one baths and 1 efficiency. Each unit has it's own entrance. New roof/Gutters ($20k) installed 6-27-25, Up and coming area provides lots of potential. Close to downtown and shopping. Apt. #1 Rented on Month to Month Lease of $750.00 Apt. #2 Rented on Month to Month Lease of $650.00 Apt. #3 Rented on Month to Month

  Tim Chaney Coldwell Banker Real Estate Gr

  3001 S Hanna St, Fort Wayne, IN 46806
• 

  

  /35

  $574,900

  • 4 Beds
  • 2 Baths

  591 Woodruff Place Middle Dr, Indianapolis, IN 46201

  SELLER SAYS BRING AN OFFER!!! This stunning, Victorian charmer, nestled in Indianapolis' historical neighborhood, Woodruff Place, offers two spacious units, each with a separate entry. First floor unit is currently Airbnb (an option the new owner may choose to continue). Enjoy the serenity of the surrounding landscape while living within walking distance of downtown Indianapolis. Each unit has

  Edwin Carter Divine Path Real Estate LLC

  591 Woodruff Place Middle Dr, Indianapolis, IN 46201
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  /34

  $250,000

  • 4 Beds
  • 2 Baths

  311 Eastern Ave, Indianapolis, IN 46201

  SELLER FINANCING available on this turnkey duplex! Desired terms: 6% interest, 5 year balloon, down payment of $130,000. Monthly payments with buyer to pay taxes/insurance separately. Open to lower rate with higher purchase price, and vice versa. Duplex was completely renovated inside & out in 2022! 313 side is leased for $950 on a month to month lease with 60 days notice to vacate. 311 side is

  Emily Huskey Keller Williams Indy Metro S

  311 Eastern Ave, Indianapolis, IN 46201
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  /36

  $265,000

  • 2 Beds
  • 1.5 Baths
  • 2,130 Sq Ft

  20508 Wicker Blvd, Lowell, IN 46356

  Investors & Entrepreneurs here is an opportunity for you. This 3+ acre parcel sits right on Route 41 and includes a 1,092 square foot commercial building set up to be a cozy restaurant with plenty of room for semi-truck parking. BONUS: There is a single family home on this property that has already had many updates and is just waiting for your finishing touches to live in close to your business

  Joe Moke Weichert, Realtors-Moke Agency

  20508 Wicker Blvd, Lowell, IN 46356
• 

  

  /20

  $219,000

  • 5 Beds
  • 2 Baths
  • 2,209 Sq Ft

  424 E 10th St, Michigan City, IN 46360

  Rewarding investment property to fit in your portfolio! This 2-unit beauty is in the coveted Elston Grove neighborhood. Enjoy the convenience of a short walk to downtown Michigan City, where you'll find a variety of restaurants, the new South Shore train station, and Lake Michigan public beach. This classic charmer is move-in ready, offering a pro forma potential of 27,900. Plus, the roof and

  Giorgios Karayannis @properties/Christie's Intl RE

  424 E 10th St, Michigan City, IN 46360
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  /52

  $235,000

  • 7 Beds
  • 6 Baths
  • 5,264 Sq Ft

  11477 N 250 W, Sumava Resorts, IN 46379

  Here it is! The MULTI UNIT you've been waiting for! Nestled in the heart of Sumava Resorts is this FIVE unit building. The commercial storefront is currently rented to the USPS and the four residential units are ready for tenants! This property has been in the same family since it was built and is on the market for the first time! The post office is a basic commercial storefront with a 1/2 bath.

  Amanda McDonell Northwest Indiana Real Estate

  11477 N 250 W, Sumava Resorts, IN 46379
• 

  

  /21

  $149,900

  • 4 Beds
  • 2 Baths

  1445 W Lee St, Indianapolis, IN 46221

  Great Investment Opportunity! 2BR, 1 Bath Duplex. With 2-car detached garage. Both sides are tenant occupied. 1445- rent $775/month, lease expires 2/28/2026. 1447 rent $825/month, lease expires 11/30/2025. Sold as-is.

  Karen Kelly Fathom Realty

  1445 W Lee St, Indianapolis, IN 46221
• 

  

  /20

  $189,900

  • 2 Beds
  • 2 Baths
  • 1,341 Sq Ft

  2609 Harvest Dr, Crown Point, IN 46307

  INVESTOR SPECIAL!! Check out this Move-in ready 2-bedroom, 2-bath second floor condo conveniently located in Schererville. Perfect for First-Time Homebuyers or Downsizers Affordable & Competitive. Enter the secure building and walk upstairs to the Upper-level to be greeted with an open-concept living/dining area, featuring BRAND NEW Carpet and Luxury Vinyl flooring with plenty of natural light.

  Matthew Salgado Realty Executives Premier

  2609 Harvest Dr, Crown Point, IN 46307
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  /13

  $269,900

  • 4 Beds
  • 2 Baths
  • 1,982 Sq Ft

  116 Kingsbury Ave, La Porte, IN 46350

  ATTENTION: A generous price reduction on this opportunity to own one of the nicest and most well kept 2 apartment homes in La Porte, with the major benefit of a 7 bay garage beside and a fantastic location . What more could an investor or a private owner ask for. Updated from top to foundation, Two 2 bedroom apartments clean and fresh. Full basement, separate utilities for each unit. All

  Betty Daniel-Lanie McColly Real Estate

  116 Kingsbury Ave, La Porte, IN 46350
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  /10

  $125,000

  • 2 Baths
  • 2,156 Sq Ft

  795 N Main St, Martinsville, IN 46151

  This charming property is situated at 795 N Main St, Martinsville, IN 46151. Built in 1980, this former Church offers a spacious area of 2156 sq ft, featuring an Office 2 Bathrooms, a Sanctuary, Community Room with Kitchen and an Unfinished Apartment Area. Priced at $125,000, this building is perfect for those seeking a peaceful retreat in the heart of Martinsville. Ideal for smaller Church

  Merribeth Burns Dollars and Sense Real Estate Inc.

  795 N Main St, Martinsville, IN 46151
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  /25

  $589,000

  • 4 Beds
  • 2.5 Baths
  • 2,029 Sq Ft

  504 S Lake Ave, Michigan City, IN 46360

  Perfect investment opportunity with built in rental income for 2025! Elevated lot provides an excellent neighborhood view. Newly constructed in 2022, this bright and open townhome has 4 bedrooms and 3 baths. Utilize it as a short term rental, but also for your own personal enjoyment. Prime location within an easy walking distance to the beach, neighborhood cafes, zoo and lakefront park. Main

  Michael Conner @properties/Christie's Intl RE

  504 S Lake Ave, Michigan City, IN 46360
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  /26

  $649,900

  • 4 Beds
  • 3 Baths
  • 2,210 Sq Ft

  22 Chrismar Rd, Portage, IN 46368

  This FABULOUS 2,321 sq ft home is completely updated and is located in the quiet community of Ogden Dunes! Ogden Dunes is nestled on the southern shores of Lake Michigan, situated within the Indiana Dunes National Park, offering unparalleled natural beauty and tranquility. The home features 4 spacious bedrooms/3 bathrooms, a brand-new kitchen with quartz countertops, new LVP flooring, and new

  Theodore Lelek @properties/Christie's Intl RE

  22 Chrismar Rd, Portage, IN 46368
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  /4

  $160,000

  • 4 Beds
  • 2 Baths

  179 E Washington St Unit 12, Morgantown, IN 46160

  Main level is spacious and open, with 2 bedrooms and 1 and a half bath. Half bath attached to bedroom could be converted into full bath. The upper level can be rented out to help with your home payment, with separate exterior entrance. Upper level has 2 functional bedrooms and one bath. Property could be converted back into single family residence if desired. Estate sale...list price based upon

  John Walker Chief Realty

  179 E Washington St Unit 12, Morgantown, IN 46160
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  /6

  $160,000

  • 5 Beds
  • 3 Baths

  310 N Highland St, Morgantown, IN 46160

  INVESTORS ALERT...3 units here within 2 separate homes. Gross income currently 1850 per month. Tenant rights will exist upon sale, so minimum of 60 days required for possession if asking current tenants to vacate after closing. Estate sale...list price based upon recent certified appraisal

  John Walker Chief Realty

  310 N Highland St, Morgantown, IN 46160
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  /4

  $124,000

  • 5 Beds
  • 3 Baths

  450 Hoosier St, Morgantown, IN 46160

  INVESTOR ALERT...3 stand alone separate units on 1 parcel. Unit 1 has 2 bedrooms and 1 bath with gross rent of 570. Unit 2 has 1 bedroom and 1 bath with gross rent of 560. Unit 3 has 2 bedrooms and 1 bath with gross rent of 600. The total gross rent for all 3 on this parcel is 1730. Estate sale...list price based upon recent certified appraisal

  John Walker Chief Realty

  450 Hoosier St, Morgantown, IN 46160
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  /11

  $155,000

  • 2 Beds
  • 1 Bath

  1709 S Elm St, Muncie, IN 47302

  Turnkey Duplex Investment Opportunity! Attention investors! This fully remodeled duplex offers an excellent opportunity for immediate cash flow. Renovated in early 2024, this property is professionally managed by Morgan Properties and features two updated units with fully split utilities, allowing the burden of those costs to fall directly on to your tenants. GROSS INCOME: $1,649.00/MONTH

  Ryan Boots Boots Realty, LLC

  1709 S Elm St, Muncie, IN 47302
• 

  

  /24

  $189,400

  • 4 Beds
  • 2 Baths

  1829 N Rural St, Indianapolis, IN 46218

  THIS WHOLE MULTI-UNIT IS FOR SALE NOT A SPLIT PARCEL. CASHFLOWING $1400(1829 Side) & $900(1831 Side). Tenant is on month-to-month giving you the option to continue cash flowing or obtain your own tenants. ALL CASH OFFERS ARE NEGOTIABLE. Property is ideal for an investor looking to add to their portfolio or an investor just starting out and want to live on other side while collecting rent from

  LaKisha Lately F.C. Tucker Company

  1829 N Rural St, Indianapolis, IN 46218
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  /33

  $574,900

  • 3 Beds
  • 3 Baths
  • 3,392 Sq Ft

  3022 W Palmer Ave, La Porte, IN 46350

  Tucked away in the heart of Legacy Estates, this exceptional three-bedroom, three-bath townhome offers an unrivaled blend of comfort, convenience, and breathtaking golf course views. Perfectly positioned along the 16th hole of Legacy Hills Golf Course, this home boasts scenic vistas while ensuring plenty of privacy, making it the ideal retreat for both relaxation and entertainment. Built in 2012

  Jordan Gallas @properties/Christie's Intl RE

  3022 W Palmer Ave, La Porte, IN 46350
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  /49

  $719,000

  • 4 Beds

  1622 Prospect St, Indianapolis, IN 46203

  Discover a remarkable investment opportunity in the heart of Fountain Square! This fully remodeled double showcases two 1,975 sq ft units (3,940 total sq ft for duplex), featuring 2 bedrooms and 2.5 full baths. Move-in ready, the home boasts a spacious kitchen with a large center island. Each unit has a dedicated garage space. Featuring low-maintenance living within walking distance to an array

  Mark Branch Highgarden Real Estate

  1622 Prospect St, Indianapolis, IN 46203
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  /10

  $299,000

  • 3 Beds
  • 1 Bath
  • 922 Sq Ft

  2214 E 7th St, Bloomington, IN 47408

  Great location just east of IU! Excellent rental history. Rented through July 2025 at 1900/mo. Rented August 2025 through July 2026 at 2085/mo. 3 person occupancy permit. 6 person occupancy potential with duplex development. Sold individually or in conjuction with 2210 E 7th St, up to 12 person occupancy potential with duplex development on each parcel.

  David Kerber Bloomington Property Services

  2214 E 7th St, Bloomington, IN 47408
• 

  

  /10

  $295,000

  • 3 Beds
  • 1 Bath
  • 922 Sq Ft

  2210 E 7th St, Bloomington, IN 47408

  Great location just east of IU! Excellent rental history. Rented through July 2025 at 1950/mo. Rented August 2025 through July 2026 at 2085/mo. 3 person occupancy permit. 6 person occupancy potential with duplex development. Sold individually or in conjuction with 2214 E 7th St, up to 12 person occupancy potential with duplex development on each parcel.

  David Kerber Bloomington Property Services

  2210 E 7th St, Bloomington, IN 47408
• 

  

  /18

  $549,900

  • 3 Beds
  • 2.5 Baths
  • 1,826 Sq Ft

  510 S Lake Ave, Michigan City, IN 46360

  New in 2022. Optimal investment opportunity and/or personal vacation or full time home. An HOA specifically allowing short term rentals at a time when many communities are restricting investors. Michigan City offers fast track commuter train to Chicago, Lake Michigan beach access, nearby Indiana Dunes National Lakeshore and the gateway to recreation, dining, breweries, wineries, and all of

  Bobbie Cavic Coldwell Banker Realty

  510 S Lake Ave, Michigan City, IN 46360
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  /37

  $270,000

  • 2 Beds
  • 1 Bath

  238 N Beville Ave, Indianapolis, IN 46201

  Attention investors and house hackers! This Tenant-occupied duplex could make a great investment property or future personal residence! Located on Indy's east side, just blocks from Neidhammer Coffee Co and Willard Park. Only 10 minutes to the heart of downtown. List price includes both sides of the duplex as well as a garage structure along the alley.

  Chanda Johnson Maywright Property Co.

  238 N Beville Ave, Indianapolis, IN 46201
• 

  

  /11

  $109,900

  • 2 Beds
  • 1 Bath
  • 700 Sq Ft

  831 S Washington St, French Lick, IN 47432

  Located on a 1.15 acre lot is this 700 sq. ft. updated rental property. Features include 2 bedrooms and 1 full bath complete with a washer and dryer, range and refrigerator. Great rental income and currently leased on a 1 year contract. The property has vinyl siding and a newer metal roof as well as vinyl plank flooring throughout.

  Marcia Schnell SELL4FREE-WELSH REALTY CORPORATION

  831 S Washington St, French Lick, IN 47432
• 

  

  /23

  $175,900

  • 6 Beds
  • 3 Baths
  • 2,879 Sq Ft

  906 Varner Ave, Evansville, IN 47720

  Unique Multi-Unit Property on Evansville's Westside. This property features 3 units. The main house features living room, dining room, 3 bedrooms and 1 full bath. This unit has been updated with new flooring, kitchen and bath. There is a unit in the basement with separate exterior entrance that could be finished off for extra income. There is another building in back of the property that has

  Mindy Word F.C. TUCKER EMGE

  906 Varner Ave, Evansville, IN 47720
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  /9

  $129,900

  • 6 Beds
  • 2 Baths
  • 2,542 Sq Ft

  504 506 Adams Ave, Evansville, IN 47713

  Investment Opportunity, fully occupied duplex close to Evansville's down town. Tenants pay all utilities. 504 Is currently renting for $950 per month on section 8. Unit 506 is currently renting for $875.00.

  Stacey Carpenter KELLER WILLIAMS CAPITAL REALTY

  504 506 Adams Ave, Evansville, IN 47713
• 

  

  /12

  $119,900

  • 5 Beds
  • 3 Baths
  • 2,800 Sq Ft

  1320 S Grand Ave, Evansville, IN 47713

  Fully occupied duplex, featuring a 2 bedroom unit and a 3 bedroom unit. Total rent per month brings in $1495 per month. Tenants pay all utilities.

  Stacey Carpenter KELLER WILLIAMS CAPITAL REALTY

  1320 S Grand Ave, Evansville, IN 47713
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  /18

  $119,900

  • 5 Beds
  • 2 Baths
  • 2,080 Sq Ft

  1407 Fountain Ave, Evansville, IN 47710

  Attention all investors! Check out this fully occupied duplex. Unit A Rents for $795 per month. Unit B is currently renting for $775.00. Tenants are responsible for all utilites.

  Stacey Carpenter KELLER WILLIAMS CAPITAL REALTY

  1407 Fountain Ave, Evansville, IN 47710
• 

  

  /10

  $107,000

  • 4 Beds
  • 2 Baths
  • 2,211 Sq Ft

  1100 N 3rd Ave, Evansville, IN 47710

  Occupied Duplex, Unit A is currently renting for $875 and Unit B $775. Tenants pays for center point. Owner pays for water and lawncare.

  Stacey Carpenter KELLER WILLIAMS CAPITAL REALTY

  1100 N 3rd Ave, Evansville, IN 47710
• 

  

  /22

  $86,450

  • 1,839 Sq Ft

  129 E Washington St Unit Dunkirk, Dunkirk, IN 47336

  Discover the exceptional duplex at 129 East Washington Street, Dunkirk, Indiana—an investment opportunity brimming with possibilities. This versatile property is sold as is, making it an ideal opportunity for those looking to customize and add value. One of the highlights of this property is its potential to be converted back into a single-family home, providing a unique chance to create your

  BRIAN INGLE FC Tucker Richmond

  129 E Washington St Unit Dunkirk, Dunkirk, IN 47336
• 

  

  /14

  $154,900

  • 5 Beds
  • 4 Baths
  • 3,502 Sq Ft

  1419 Cumberland Ave, Evansville, IN 47712

  Presenting a fantastic investment opportunity with this fully occupied four plex located on the west side of Evansville. The owner currently covers all utilities, simplifying the management process. With professional management in place, this turnkey property requires minimal effort from the new owner while providing steady returns. This quadplex offers an ideal addition to your investment

  Stacey Carpenter KELLER WILLIAMS CAPITAL REALTY

  1419 Cumberland Ave, Evansville, IN 47712
• 

  

  /16

  $250,000

  • 3 Beds
  • 3 Baths

  1808 E Washington St, Indianapolis, IN 46201

  SELLER FINANCING AVAILABLE! Urban Duplex with Investment Potential!! Located close to downtown and bus lines, this duplex offers both residential rental investment and commercial opportunity. Zoned C3 Neighborhood Commercial District, it's positioned on busy Washington Street, attracting thousands of passing cars daily. Livable and generating rental income, it offers great potential for updates.

  Martha Hernandez eXp Realty, LLC

  1808 E Washington St, Indianapolis, IN 46201
• 

  

  /8

  $264,900

  • 2 Beds
  • 1 Bath
  • 960 Sq Ft

  405 E Southern Dr, Bloomington, IN 47401

  Currently a 2 BR/1bath house rented for $1800/mo, but property was purchased to build a 4 plex. City zoning has already given preliminary approval for this use for this lot- Current house would need to be demolished, but you can collect rent until all the paperwork is finished! This is walkable to FETA restaurant and SOMA Coffeehouse at the corner of High and Henderson and perfect for student

  Kelly Harding Millican Realty

  405 E Southern Dr, Bloomington, IN 47401
• 

  

  /19

  $259,500

  • 4 Beds
  • 4 Baths
  • 2,860 Sq Ft

  708 SE 3rd St, Evansville, IN 47713

  Great investment opportunity awaits you. This lovely home offers 4 studio apartments. Two of the units have had long term tenants in them and the other two have been used for short term rentals. The two short term rentals are turn key and ready to go. The units offer murphy style beds in the living space, updated bathrooms and kitchens. Three of the units have a small balcony/porch space.

  Jason Eddy F.C. TUCKER EMGE

  708 SE 3rd St, Evansville, IN 47713
• 

  

  /5

  $180,000

  • 4 Beds
  • 5 Baths
  • 2,986 Sq Ft

  1224 N First Ave, Evansville, IN 47710

  Attention investors, this 5 unit building with a parking lot on a corner offers steady income in a convenient location right on First Ave. Curretnly offers Four one bedroom units and a efficiency, and a parking lot. With easy access to Diamond Ave and north side shopping. Some updates made by current owner, 4 units are currently rented out with 1 vacant and ready for some TLC for more income.

  Cathie Spalding Pinnacle Realty Group

  1224 N First Ave, Evansville, IN 47710
• 

  

  /4

  $199,900

  • 5 Beds
  • 2 Baths
  • 1,176 Sq Ft

  1222 W Kirkwood Ave, Bloomington, IN 47404

  5 Bd, 2 ba home w/rental permit for 5 on Bloomington's near West side of the downtown. This home is being sold “as is”. Currently rented for $1400/month, this property can work well for an owner occupant or an investor. Lots of parking in back of the structure. Ultra-convenient to downtown Bloomington, Indiana University, and Downtown and West side restaurants, services, and shopping. Great

  Andy Walker RE/MAX Acclaimed Properties

  1222 W Kirkwood Ave, Bloomington, IN 47404

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