Multifamily Homes & Duplexes for Sale in 46201

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  /10

  $239,000

  • 5 Beds
  • 4 Baths

  4114 E Washington St, Indianapolis, IN 46201

  ***Through no fault of the Seller, this home is back on the market*** This property is calling for the savvy investor. Rent all 3 units for a generous passive stream of income or live on one side and rent the other 2 units. This multi-unit has a ton of potential. One 1/2 of the home is a 3 bedrooms and 2 bathrooms. Other side is 2 units; both are 1 bedroom, 1 bathroom. Home has off street parking

  

  Lindsay Adams

  Pillario Property Management LLC

  (317) 458-9196

  4114 E Washington St, Indianapolis, IN 46201
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  /16

  $170,000

  • 2 Beds
  • 2 Baths

  944 N Hamilton Ave, Indianapolis, IN 46201

  Fully leased with gross annual rent of \$18,780, this 2-unit property offers immediate, reliable income. Each unit features 1 bed, 1 bath, and approx. 700 sq. ft., plus split basements for storage. Recent upgrades in one unit include new LVP flooring and appliances. Tenants pay all utilities, keeping expenses predictable and low. Amenities include both street and off-street parking, along

  

  Dana Rivers

  Resolute Realty

  (317) 961-2988

  944 N Hamilton Ave, Indianapolis, IN 46201
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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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  /52

  $459,900

  • 8 Beds
  • 4 Baths

  525 N Keystone Ave, Indianapolis, IN 46201

  Luxurious, fully remodeled duplex that can be your next turnkey investment or a multi-generational gem! Discover modern living in this stunningly remodeled duplex located just minutes from downtown Indianapolis, Bottleworks District, and Mass Ave. Each side of this spacious property boasts 4 generously sized bedrooms and 2 full designer bathrooms, offering flexibility for large families, house

  Chris Price Keller Williams Indy Metro S

  525 N Keystone Ave, Indianapolis, IN 46201
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  /24

  $264,900

  • 4 Beds
  • 2 Baths

  4860 E 14th St, Indianapolis, IN 46201

  Charming Duplex in Emerson Highlands - Ideal for Investors or House Hackers! Welcome to this well-maintained duplex in the desirable Emerson Highlands neighborhood of Center Township. Each unit offers 2 spacious bedrooms and a full bathroom upstairs, with a thoughtful layout designed for comfortable living. Each unit features: Private entries, Separate utilities/meters, Cozy front porches,

  Rosie Berzenye T&H Realty Services, Inc.

  4860 E 14th St, Indianapolis, IN 46201
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  /8

  $194,000

  • 6 Beds
  • 2 Baths

  312 N Linwood Ave, Indianapolis, IN 46201

  Large 3 bed, 1 bath per unit duplex on Indy's East Side. Plenty of upside with renovations happening all around. Perfect for an investor or house hacker searching for a value-add opportunity. All utilities are separately metered and the responsibility of the tenant. Unit 314 is currently occupied. Tenants rights apply. Please do not disturb tenants. Sold as-is. Book your showing today!

  RJ LaChance Tyler Knows Real Estate LLC

  312 N Linwood Ave, Indianapolis, IN 46201
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  /43

  $245,000

  • 4 Beds
  • 2 Baths

  3328 E New York St, Indianapolis, IN 46201

  Prime Investment Opportunity in the growing Near Eastside corridor of Downtown Indy! 3328-3330 E New York St. is a new renovation on a classic Indy 4-square duplex. This property was fully renovated inside & out in 2023, and is now occupied by tenants on both sides ($1100 / mo, residents pay their own utilities). New York Street was recently converted into a 2-way as of 2025, which is poised to

  Tyler Lingle @properties

  3328 E New York St, Indianapolis, IN 46201
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  /15

  $425,000

  • 6 Beds
  • 4 Baths

  1364 N Dearborn St, Indianapolis, IN 46201

  This fully updated duplex offers a turnkey investment with no upfront work required, making it an ideal addition to any portfolio. Located in a stable Indianapolis neighborhood, the property is move-in ready and designed to attract long-term tenants. Each unit features stylish kitchens with shaker cabinetry, eye-catching backsplashes, and spacious islands that serve as both prep space and

  Rebecca Allen F.C. Tucker/Sirkus-Allen

  1364 N Dearborn St, Indianapolis, IN 46201
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  /4

  $170,000

  • 2 Beds
  • 2 Baths

  68 Jenny Ln, Indianapolis, IN 46201

  Fully occupied 1 bed, 1 bath duplex in Indianapolis, perfect for your next investment. The 64 side is leased through July 2026 at $845/month, while the 68 side is secured through February 2026 at $905/month. Tenants cover all utilities except water, keeping owner expenses low. Strong rental history and long-term leases make this a reliable cash-flowing property.

  Max Moore @properties

  68 Jenny Ln, Indianapolis, IN 46201
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  /9

  $89,900

  • 1 Bed
  • 1 Bath

  37 S Rural St, Indianapolis, IN 46201

  Excellent investment opportunity with this home to make it yours however you wish. This amazing opportunity is sold AS-IS.

  Ben Grise List With Ben, LLC

  37 S Rural St, Indianapolis, IN 46201
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  /39

  $165,000

  • 3 Beds
  • 2 Baths

  333 Leeds Ave, Indianapolis, IN 46201

  Located just minutes away from fountain square, this inviting home in downtown Indianapolis presents an exceptional opportunity to embrace a ready-to-move-in lifestyle. The kitchen offers a welcoming space to craft culinary delights, featuring shaker cabinets that combine classic design with practical storage, creating a functional and attractive area. In the bathroom, the tiled walk-in shower

  Julien Mills Ocean Air Realty

  333 Leeds Ave, Indianapolis, IN 46201
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  /18

  $224,900

  • 6 Beds
  • 2 Baths

  534 N Beville Ave, Indianapolis, IN 46201

  Here is a great duplex investment property that has had some interior updates done in the last five years. Each side features 3 bedrooms and 1 bathrooms. One side has a third story finished bedroom. This location is near elementary school and places like Fountain Square, Mass Ave, and Bottleworks. Single family homes on block sell 300-500K. Must see this if considering a multi family

  Kurt Clements Diverse Property Solutions Ind

  534 N Beville Ave, Indianapolis, IN 46201
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  /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
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  /3

  $224,900

  • 2 Beds
  • 1 Bath

  627 Wallace Ave, Indianapolis, IN 46201

  Opportunity Time! Emerson Heights Duplex. Tall Ceilings on first floor, large trim boards, 2 Bedroom each side, 625 has 1Bath, 627 has 1.5 bath. Prime location, easy access to shopping, interstates, downtown. Investment property or primary residence, your choice. Off street parking. Home has Bee windows and vinyl siding. Will need some updating and repair. Bring your creative mind.

  Joseph Defusco DeFusco Realty and Property Se

  627 Wallace 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
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  /88

  $543,000

  • 5 Beds

  606 N Emerson Ave, Indianapolis, IN 46219

  Rebuilt duplex is high end. Not a flip! This duplex has two units with optional adjoining doors. One two bedroom and one three bedroom. Kitchens are central and part of larger rooms with living rooms effectively a great room on each side. Home(s) come fully furnished as seen in the pictures and has a perfect 5 star rating on Air BNB and VRBO as "Meet us in Indy." Selling due to personal reasons.

  Joshua Vida Paradigm Realty Solutions

  606 N Emerson Ave, Indianapolis, IN 46219
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  /26

  $284,900

  • 6 Beds

  21 N Tacoma Ave, Indianapolis, IN 46201

  Phenomenal duplex opportunity! Both units have been completed flipped & updated in recent years. Each unit gets $1155/month & has a solid history of consistently renting out. Rent both sides out & make some great cash flow or live in one unit, house-hack, & have the other side pay your mortgage! The choice is yours. Area continues to attract new people, flipped homes, development & is only

  Alexander Elston United Real Estate Indpls

  21 N Tacoma Ave, Indianapolis, IN 46201
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  /31

  $165,000

  • 2 Beds
  • 2 Baths

  626 N Oxford St, Indianapolis, IN 46201

  Turnkey duplex in a rapidly growing area-perfect for investors! This all-brick property features two well-maintained 1 bed, 1 bath units with durable LVP flooring and fresh paint throughout. Both units are currently occupied by long-term tenants, offering immediate cash flow from day one. Oh... and did we mention that the current unit rents meet the "one percent" rule at the current asking price?

  Ryan Rominger Trueblood Real Estate

  626 N Oxford St, Indianapolis, IN 46201
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  /8

  $475,000

  • 3 Beds
  • 2 Baths

  43 N Randolph St, Indianapolis, IN 46201

  Positioned in the heart of the rapidly redeveloping Arsenal Heights neighborhood, this ready to built duplex offers a rare chance to secure a modern, turnkey asset in one of downtown Indy's highest-demand rental corridors. Arsenal Heights is benefiting from significant revitalization and spillover growth from nearby Fountain Square, Mass Ave, and downtown's core employers. This submarket

  Ed Neu Neu Real Estate Group

  43 N Randolph St, Indianapolis, IN 46201
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  /12

  $200,000

  • 4 Beds
  • 2 Baths

  626 N Euclid Ave, Indianapolis, IN 46201

  This duplex features two spacious 2-bedroom, 1-bath units, each offering 1,145 square feet of living space. Fully rehabbed in 2019, both sides include updated finishes and tenant-friendly layouts. The property currently brings in $1,800 per month in total rent. Located near downtown Indianapolis with convenient access to amenities, this is a strong cash-flowing asset with low upkeep.

  Olga Bliuc-Haggard New Quantum Realty Group

  626 N Euclid Ave, Indianapolis, IN 46201
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  /9

  $245,000

  • 6 Beds
  • 2 Baths

  914 N Tuxedo St, Indianapolis, IN 46201

  This updated duplex meets the 1% rule with great tenants paying $1250 each side for an annual gross income of $30,000. This property features a newer privacy fence around the entire perimeter of the property, front and back! BOTH units have updated kitchens and bathrooms, fresh paint through-out, LVP flooring, PLUS new electrical panels for each side, new furnaces, new vanities, new sink

  Elizabeth Ewbank Highgarden Real Estate

  914 N Tuxedo St, Indianapolis, IN 46201
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  /8

  $187,000

  • 2 Beds
  • 2 Baths

  1328 N Chester Ave, Indianapolis, IN 46201

  Investor-ready opportunity in the heart of Indianapolis-this fully leased duplex at 1328-1330 North Chester Ave delivers instant cash flow with no HOA restrictions. Each unit features 1 spacious bedroom, 1 full bath, and comes equipped with a refrigerator and electric range. The property offers two detached car garage , a low-maintenance layout, and reliable tenants already in place. A newer roof

  Pavitar Khakh eXp Realty, LLC

  1328 N Chester Ave, Indianapolis, IN 46201
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  /3

  $149,900

  • 5 Beds
  • 1 Bath

  646 N Temple Ave, Indianapolis, IN 46201

  Great duplex for investor to purchase & update with some sweat equity. Lot's of upside for the right investor. 5 br's on each side of duplex. Currently 3 individual rooms are rented out & generating $3,500/month. Seller prefers CASH offers only and to close in 10 days from signed contract. This street has significant upside value for the right investor.

  Chas Schaffernoth F.C. Tucker Company

  646 N Temple Ave, Indianapolis, IN 46201
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  /4

  $139,900

  • 5 Beds
  • 2 Baths

  621 N Rural St, Indianapolis, IN 46201

  Great Duplex for investor to update & make significant quick equity and income. 4 units. 2 in front with 4 BR each and 2 small ones in back with 1 BR each. There was a fire in this duplex and since then it has been empty and needs work. A little sweat equity and a smart investor will enjoy excellent gains! Seller is looking for CASH sale to close in 10 days from signed purchase agreement.

  Chas Schaffernoth F.C. Tucker Company

  621 N Rural St, Indianapolis, IN 46201
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  /27

  $399,000

  • 11 Beds
  • 4 Baths

  543 N Oakland Ave, Indianapolis, IN 46201

  Investor Alert! Fully Rented 11-Bedroom Duplex - Cash Flow from Day One! This unique co-living style duplex in the heart of Center Township offers a rare opportunity to own a high-income producing property with zero vacancies. Currently generating steady monthly income, the property features 11 private bedrooms (5 on one side, 6 on the other), each rented individually. Tenants enjoy shared access

  Maria Lasher eXp Realty LLC

  543 N Oakland Ave, Indianapolis, IN 46201
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  /26

  $165,000

  • 5 Beds
  • 4 Baths

  103 N Chester Ave, Indianapolis, IN 46201

  Nestled at 103 N Chester AVE, INDIANAPOLIS, IN, this duplex presents an inviting home, ready for you to move in and begin creating lasting memories. Imagine preparing your favorite meals in a kitchen where shaker cabinets exude a sense of timeless elegance, further enhanced by the refined touch of crown molding, creating a space that is both functional and beautiful. The property offers a

  Michael Evans F.C. Tucker Company

  103 N Chester Ave, Indianapolis, IN 46201
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  /3

  $60,000

  • 6 Beds
  • 2 Baths

  951 N Sherman Dr, Indianapolis, IN 46201

  Submit all cash offers now as the seller is ready to sell! No contingencies, including financing or due diligence. Buyers should inspect before making an offer. Investment opportunity in the Grace Tuxedo Park area! This 2-story duplex offers two 3 bedroom, 1 bath units, ideal for long-term rental income. Layout includes living room, dining room, and kitchen as well as an unfinished basement for

  Jocelyn Deal eXp Realty LLC

  951 N Sherman Dr, Indianapolis, IN 46201
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  /40

  $465,000

  • 6 Beds
  • 4 Baths

  1602 E Vermont St, Indianapolis, IN 46201

  Excellent investment opportunity! This well-maintained four-unit property features a solid brick exterior and long-term tenant history, with potential to support higher rental rates. Unit 1 is a spacious 2-bedroom, 1-bath unit with 1,225 sq ft, central air, and a private washer/dryer. Unit 2 offers 1 bedroom, 1 bath, and 884 sq ft. Unit 3 includes 2 bedrooms, 1 bath, and 827 sq ft. Unit 4 is an

  Michael Miller F.C. Tucker Company

  1602 E Vermont St, Indianapolis, IN 46201
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  /28

  $499,000

  • 2 Beds
  • 1 Bath

  3701 E Vermont St, Indianapolis, IN 46201

  Don't miss this opportunity to own a quadplex in Indianapolis. This distressed property is priced to sell and ready for rehab-perfect for investors looking to add value and build equity. Each unit offers solid potential for future rental income. All 4 units are the same size and layout.

  Doug Fredbeck Keller Williams Indpls Metro N

  3701 E Vermont St, Indianapolis, IN 46201
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  /13

  $185,000

  • 6 Beds
  • 1 Bath

  221 S State Ave, Indianapolis, IN 46201

  Location location location 3 minutes from downtown Indy and 5 minutes from Fountain Square. Duplex is on main road within walking distance to bus line. Most homes in area are being remodeled and this property is in need of updates. Sold as-is for the savvy investor. Both sides occupied.

  Martha Hernandez eXp Realty, LLC

  221 S State Ave, Indianapolis, IN 46201
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  /32

  $320,000

  • 1 Bed
  • 1 Bath

  3614 E Washington St, Indianapolis, IN 46201

  Turnkey 6-unit multifamily opportunity on Washington Street! This well-maintained property offers six studio-style units with strong in-place rents and solid tenants. Current monthly gross rent is $4,207, with three units rented at $680/mo, one at $340 every two weeks ($737/mo), one at $300 every two weeks ($650/mo), and one at $180/week (~$780/mo), totaling $50,484/year. Owner pays all utilities

  Tasheana Hanza Hanza Realty, LLC

  3614 E Washington St, Indianapolis, IN 46201
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  /36

  $302,000

  • 1 Bed
  • 1 Bath

  37 Parkview Ave, Indianapolis, IN 46201

  Incredible 5-unit multifamily opportunity in Parkview, a fast-growing area surrounded by new construction and investment activity. This studio-style property offers strong in-place cash flow with four units currently occupied-rented at $750/month, $340 every two weeks (~$737/month), $675/month, and $700/month-bringing in a total of $2,862/month or $34,344/year. One unit remains available and is

  Tasheana Hanza Hanza Realty, LLC

  37 Parkview Ave, Indianapolis, IN 46201
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  /28

  $169,000

  • 4 Beds
  • 2 Baths

  4710 E Michigan St, Indianapolis, IN 46201

  Turnkey Duplex Investment Opportunity. Ideal for investors or owner-occupants, this duplex offers immediate cash flow and long-term value. Listed at $189,000, it qualifies for the 1% rule with potential rental income of $1,900/month when both sides are leased at $950/month. The 4712 unit is currently rented at $950/month, providing stable income, while 4710 is vacant and move-in ready-perfect for

  Dana Holt Keller Williams Indpls Metro N

  4710 E Michigan St, Indianapolis, IN 46201
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  /3

  $115,000

  • 4 Beds
  • 2 Baths

  306 S Temple Ave, Indianapolis, IN 46201

  Submit all cash offers now as the seller is ready to sell! No contingencies, including financing or due diligence. Buyers should inspect before making an offer. Investment opportunity in the Christian Park area! This 2-story duplex offers two 2 bedroom, 1 bath units, ideal for long-term rental income. Layout includes living room, dining room, kitchen, and main floor laundry room. Situated on a

  Jocelyn Deal eXp Realty LLC

  306 S Temple Ave, Indianapolis, IN 46201
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  /18

  $159,000

  • 2 Beds
  • 2 Baths

  1444 N Denny St, Indianapolis, IN 46201

  Great Investment Opportunity. Immediate income. Both units are leased with long term tenants. Both units are Updated. 1 Bedroom, 1 Bath with basement that has a laundry area. In a good area. Easy access to interstate, shopping and eateries.

  Hilda Ellis Berkshire Hathaway Home

  1444 N Denny St, Indianapolis, IN 46201
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  /30

  $345,000

  • 4 Beds
  • 4 Baths

  38 Hendricks Place, Indianapolis, IN 46201

  Great Investment Opportunity Near Eastside Downtown Indianapolis! Don't miss this fantastic duplex just minutes from downtown. Each side features 2 bedrooms and 2 bathrooms making it ideal for an owner-occupant looking to live in one unit and rent the other, or for an investor seeking strong cash flow with dual rental income. One side is currently tenant-occupied, generating $1,500 per month in

  Lorie Blythe The Stewart Home Group

  38 Hendricks Place, Indianapolis, IN 46201
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  /11

  $409,000

  • 5 Beds
  • 4 Baths

  1135 Tecumseh St, Indianapolis, IN 46201

  Are you looking for a sound & stable Quadruplex property as an investment property on the near East side of Indianapolis and close to Brookside Park? Then you'll definitely want to check this one out. Very well maintained multi-unit property includes 2 parcels, fully fenced back and side yard, 5 parking spots in rear, 4 parking spots in front, and a 2-story detached garage with electric that

  Lisa Fischer Fischer Realty, LLC

  1135 Tecumseh St, Indianapolis, IN 46201
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  /58

  $275,000

  • 4 Beds
  • 4 Baths

  323 N Gladstone Ave, Indianapolis, IN 46201

  Submit all cash offers now as the seller is ready to sell! No contingencies, including financing or due diligence. Buyers should inspect before making an offer. Renovated duplex in the heart of Indianapolis, perfect for investors seeking a multi-family property. Each of the two spacious 2-story units features 2 bedrooms and 2 bathrooms, with new flooring, fresh paint, and updated kitchens and

  Jocelyn Deal eXp Realty LLC

  323 N Gladstone Ave, Indianapolis, IN 46201
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  /32

  $145,900

  • 2 Beds
  • 2 Baths

  315 S Rural St, Indianapolis, IN 46201

  Charming Cash-Flow Duplex - Your Ticket to Landlord Stardom! Picture this: a cozy, single-level duplex that's practically winking at you with investment potential! Nestled in the Near Eastside neighborhood, this quirky gem boasts two mirror-image units, each with 1 bedroom, 1 bathroom, and enough charm to make even the grumpiest cat purr. Each unit has its very own full basement, complete with

  Marybeth Cambre Ferris Property Group

  315 S Rural St, Indianapolis, IN 46201
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  /24

  $295,000

  • 2 Beds
  • 1 Bath

  639 N Hamilton Ave, Indianapolis, IN 46201

  Beautiful duplex in Saint Clair Place. Total rehab as of 2020. Many updates.

  Derek Eisenberg Continental Real Estate Group

  639 N Hamilton Ave, Indianapolis, IN 46201

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