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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  /15

  $129,900

  • 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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  /4

  $179,900

  • 4 Beds
  • 2.5 Baths
  • 3,600 Sq Ft

  107 Basket Factory Rd, Butler, IN 46721

  Price reduced nearly $10,000! Do not miss this investment opportunity. This property has 2 apartments on the second floor, a beauty shop and therapy office on the main floor. (Parcel and building dimensions are approximate. All financial information is believed accurate but not warranted by Fred Beck & Associates. You must rely on your own investigations. )

  

  Fred Beck

  Fred Beck & Associates LLC

  (260) 368-3533

  107 Basket Factory Rd, Butler, IN 46721
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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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  /17

  $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

  $279,000

  • 2 Beds
  • 3 Baths
  • 1,464 Sq Ft

  521 W 6th St, Bloomington, IN 47404

  This Historic 1464 sq ft investment Tri-Plex home is located in the Near West Side Historic district. This home features three (3) fully rented apartments close to restaurants, shopping and entertainment. Unit 1 has a new furnace. Unit 2 has new paint and carpet. Unit 3 is an efficiency. ****SUBJECT TO TENANTS RIGHTS****

  

  Michelle Stanger

  Stanger Homes, LLC

  (812) 551-2469

  521 W 6th St, Bloomington, IN 47404
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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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  /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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  /63

  $675,000

  • 2 Beds
  • 2 Baths

  1651 Spann Ave, Indianapolis, IN 46203

  Incredible House Hack Opportunity - Fully Renovated 3-Unit Property! Live in style while generating rental income from two additional units! This beautifully updated property features a total of three separate living spaces: Main House: 2-bedroom, 2.5-bath with high-end finishes throughout. Enjoy a stunning quartz kitchen, top-of-the-line appliances, and a spa-like retreat in the primary

  

  Leyton Wellbaum

  Highgarden Real Estate

  (317) 648-7871

  1651 Spann Ave, Indianapolis, IN 46203
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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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  /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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  /18

  $164,900

  • 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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  /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

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

  270 Rapid Rill Ln, Brownsburg, IN 46112

  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 the back patio. Large owner's bedroom

  Tony Reffeitt Integrity Real Estate

  270 Rapid Rill Ln, Brownsburg, IN 46112
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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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  /31

  $164,900

  • 2 Beds
  • 2 Baths

  913 N Drexel Ave, Indianapolis, IN 46201

  Nestled at 913-915 N Drexel Avenue in Indianapolis, Indiana, this income producing Emerson Heights duplex stands ready to welcome you. Recent upgrades includes new wood plank flooring and a shower surround in the 915 side, a new sewer line that was installed from the basement to the street in 2021, and various other updates and upgrades in the 913 side in 2021 and 2022. The property offers a

  Michael Carter RE/MAX Advanced Realty

  913 N Drexel Ave, Indianapolis, IN 46201
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  /4

  $109,900

  • 5 Beds
  • 2 Baths
  • 2,212 Sq Ft

  502 S Mound St, Muncie, IN 47305

  *This property is part of a potential 22 property package. Please see the attached document for details.* Duplex. Unit 502 is a section 8 lease. Monthly rent is $700. Unit 502 1/2 monthly rent is $905, $500 deposit. Lease ends 8-30-25. Tenants pay electric. Owner pays WTS.

  Heather Clemmons Starr Real Estate LLC

  502 S Mound St, Muncie, IN 47305
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  /45

  $189,000

  • 4 Beds
  • 2 Baths

  1666 S Talbott St, Indianapolis, IN 46225

  Cashflowing duplex + vacant lot is included in the price! Check out this 2 bed 1 bath per side duplex with one side vacant, newly updated and available for owner occupied buyers and second side with a 4 year long tenant that pays $975 per month with lease expiration on 3/31/2026. Occupied side to be shown only with an accepted offer. Vacant side can be viewed anytime. Tenants pay for utilities.

  Mihir Bhimaraju Real Broker, LLC

  1666 S Talbott St, Indianapolis, IN 46225
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  /24

  $89,900

  • 2 Beds
  • 2 Baths
  • 1,078 Sq Ft

  202 E Maple St, Muncie, IN 47305

  *This property is part of a potential 22 property package. Please see the attached document for details.* Duplex. Two 1 bedroom units. Side by side. Shared entrance space. Potential for 2 more 1 bedroom units in the full basement. Currently vacant. Needs TLC.

  Heather Clemmons Starr Real Estate LLC

  202 E Maple St, Muncie, IN 47305
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  /23

  $115,000

  • 3 Beds
  • 3 Baths
  • 2,435 Sq Ft

  230 Vine St, Mount Vernon, IN 47620

  View this tri-plex, ready and waiting for its new owner, on Vine! What a great property to add to your portfolio! This, Posey County multi-unit, is 100% occupied and offers a one bedroom efficiency, and 2 spacious one bedroom units. One of the one bedroom units has been updated in the last 4-5 years, and the larger one bedroom unit just updated in the last 2-3 years. Other updates include a

  Rick Mileham ERA FIRST ADVANTAGE REALTY, INC

  230 Vine St, Mount Vernon, IN 47620
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  /19

  $149,900

  • 1 Bed
  • 1 Bath

  630 Arbor Ave, Indianapolis, IN 46221

  Investment Opportunity Alert! Check out this fantastic duplex located on the west side of Indianapolis, near I-70 and just minutes from the airport! Each unit features 1 bedroom, 1 bathroom, and a basement, offering ample space. The property has been thoughtfully updated and boasts a proven rental history, with each unit previously leasing for $900/month. Don't miss out on this great chance to

  Luis Coronel Realty of America LLC

  630 Arbor Ave, Indianapolis, IN 46221
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  /11

  $359,900

  • 11 Beds
  • 5 Baths
  • 1,308 Sq Ft

  8501 S Walnut St, Daleville, IN 47334

  4 single family rental homes for sale. Currently below market rents at $3,455 per month. 2025 taxes $4,892. 3 homes are located Muncie, IN and 1 home located in Daleville, IN. (2511 E 13th St, Muncie, IN - $850/month) (27 W Orchard, Muncie, IN - $750/month) (3312 E 16th - $860/month) (8501 S Walnut, Daleville, IN - $995/month). Nice portfolio of homes with value add potential. All currently

  Ryan Kramer RE/MAX Real Estate Groups

  8501 S Walnut St, Daleville, IN 47334
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  /33

  $425,000

  • 5 Beds
  • 3 Baths

  522 Prospect St, Indianapolis, IN 46203

  This fully furnished, newly remodeled triplex at 522 Prospect Street is the ultimate opportunity for any investor. Featuring two 2 bed/1 bath units and one 1 bed/1 bath unit, the property has been updated with new flooring, modern kitchens, a new roof, siding, water heater, and furnace. All furnishings are included in the sale, making this a true turnkey investment.Previously operated as an

  Jacob Deacon eXp Realty, LLC

  522 Prospect St, Indianapolis, IN 46203
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  /15

  $144,500

  • 6 Beds
  • 2 Baths

  312 N Grant Ave, Indianapolis, IN 46201

  This is a traditional 2 story double built in 1910 that has had some updates completed at some point with a prior owner dividing each side to be have new legal descriptions as 2 separate units as 50% ownership as condo owners for each side but this Whole building is being sold together like a double without the units being offered as separate properties. Each side has a nice sized LR, DR,

  Jackie Lovell New Quantum Realty Group

  312 N Grant Ave, Indianapolis, IN 46201
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  /20

  $315,000

  • 3 Beds
  • 2 Baths

  802 N Bancroft St, Indianapolis, IN 46201

  Great duplex investment opportunity in Emerson Heights! Located on beautiful boulevard tree lined street with easy access to the interstate and all of the Irvington amenities. Original wood work features with modern updates to bathrooms, flooring, and kitchen., Includes a 2 car garage.

  Tim Reed Key Exchange Real Estate

  802 N Bancroft St, Indianapolis, IN 46201
• 

  

  /41

  $499,900

  • 8 Beds
  • 6 Baths

  59 N Audubon Rd, Indianapolis, IN 46219

  Welcome to 59 N Audubon, a rare and massive duplex located in the heart of historic Irvington-right on the circle and just steps from local favorites like Jockamo Upper Crust Pizza, SNUG Irish Pub, and Starbucks. This unbeatable location blends vibrant community living with timeless charm, surrounded by some of the most stunning historic architecture Indy has to offer. Each side of this

  Trent Kiester @properties

  59 N Audubon Rd, Indianapolis, IN 46219
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  /12

  $129,900

  • 5 Beds
  • 2 Baths

  2214 Admiral Dr, Indianapolis, IN 46219

  Amazing opportunity on this turnkey duplex on the east side of Indy! 3 BR 1 bath on one side, 2 BR 1 bath on other side! Recently occupied! Close to interstates and bus lines! Potential to generate 1900+ per month in rent!

  Avery Garrett Streamlined Realty

  2214 Admiral Dr, Indianapolis, IN 46219

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