Multifamily Homes & Duplexes for Sale in 46201

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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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  /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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  /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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  /15

  $225,000

  • 6 Beds

  943 N Dearborn St, Indianapolis, IN 46201

  This fully remodeled duplex at 941-943 North Dearborn presents a strong investment opportunity in a desirable and growing area of Indianapolis. Each side of the property features 3 bedrooms and 1.5 bathrooms, making it ideal for long-term tenants or an owner-occupant. The 941 unit is currently leased at $1,500 per month through August 2026, providing immediate, stable rental income. The 943 unit

  Jacob Deacon eXp Realty, LLC

  943 N Dearborn St, Indianapolis, IN 46201
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  /5

  $400,000

  • 1 Bed
  • 1 Bath

  1547 N Grant Ave, Indianapolis, IN 46201

  Great property for savvy investor with 4 units. All units have been remodeled and are currently occupied by consistent long term section 8 tenants. This property currently generates $5,920 in monthly revenue.

  Chas Schaffernoth F.C. Tucker Company

  1547 N Grant Ave, 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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  /4

  $550,000

  • 5 Beds
  • 2 Baths

  2625 E North St, Indianapolis, IN 46201

  Great quad-plex property for investor. 4 units with 3 rented as of today. 2 front units have 4 BR's each. 2 back units are studio units with kitchens. Great rent - currently getting $6,900 per month with additional with 4th unit rented. See list agent for access or additional information.

  Chas Schaffernoth F.C. Tucker Company

  2625 E North St, Indianapolis, IN 46201
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  /26

  $210,000

  • 5 Beds
  • 2 Baths

  1221 N Rural St, Indianapolis, IN 46201

  Welcome to Brookside! A Solid Investment Opportunity in an up and coming area! This two-story duplex contains 2564 total square feet, providing ample room for comfortable living and creative design. Newer appliances, light fixtures, water heaters, privacy fence for each unit, new garage roof and more! Situated on a spacious lot, this property provides a possibility for various outdoor activities.

  Aubrey Walters eXp Realty, LLC

  1221 N Rural St, Indianapolis, IN 46201
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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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  /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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  /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

  $170,000

  • 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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  /30

  $149,900

  • 6 Beds
  • 2 Baths

  914 N Oakland Ave, Indianapolis, IN 46201

  A great investment opportunity awaits you in East Indianapolis. This duplex has separate front and back entries, a covered porch, a rear deck, and a large backyard. Each unit features 3 Bedrooms, 1 full Bathroom, a Great Room, and more. Strong potential with lots of upside. Stop by today!

  Chris Price Keller Williams Indy Metro S

  914 N Oakland Ave, 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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  /16

  $155,000

  • 4 Beds
  • 2 Baths

  2521 Southeastern Ave, Indianapolis, IN 46201

  Spacious 2 bedroom 1 bath duplex located on the East side of Indianapolis, a short 5 minute drive to Downtown Indianapolis. This home comes with a spacious living room, a designated dining room area and a kitchen that comes with a gas stove and refrigerator. Outside this home a covered front patio and a backyard for outdoor activities. Come see everything this home has to offer in person! This

  Edwin Watson Triple E Realty, LLC

  2521 Southeastern Ave, Indianapolis, IN 46201
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  /12

  $210,000

  • 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

  $250,000

  • 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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  /4

  $200,000

  • 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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  /45

  $459,000

  • 5 Beds
  • 5 Baths

  1126 N Rural St, Indianapolis, IN 46201

  Charming Tri-Plex Multi-Unit Property - A Smart Investment Opportunity! Discover the potential of this spacious and meticulously maintained tri-plex, perfect for investors or homeowners looking to generate rental income. The front unit boasts an expansive two-level layout with 3 bedrooms and 3 bathrooms, providing significant living space. The two back units are cozy 1-bedroom apts, each

  Chas Schaffernoth F.C. Tucker Company

  1126 N Rural St, 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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  /4

  $55,000

  • 6 Beds
  • 2 Baths

  2850 E New York St, Indianapolis, IN 46201

  Investment opportunity in the Englewood 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 additional storage. This property is just minutes from downtown Indianapolis, several parks, interstate access and local shopping. Live in one unit and rent the other, or

  Jocelyn Deal eXp Realty LLC

  2850 E New York St, Indianapolis, IN 46201
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  /34

  $395,000

  • 4 Beds
  • 2 Baths

  2222 E 12th St, Indianapolis, IN 46201

  ATTENTION INVESTORS & HOUSEHACKERS: Searching for that near 1% rule with a low maintenance turn-key property? Look no further! This duplex is investor-ready with current mid-term tenants already placed. The booming Windsor Park area is close to Mayfair Taproom, Rabble Coffee, Amelia's Bakery, Kan Kan Cinema, & more! The property features new 2023 HVAC, water heater, plumbing, electrical, and LVP

  Morgan Thompson Berkley & State, LLC

  2222 E 12th St, Indianapolis, IN 46201
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  /12

  $140,000

  • 2 Beds
  • 2 Baths

  1206 N Gladstone Ave, Indianapolis, IN 46201

  The duplex of dreams! This duplex offers two units, each of which offers 1 bedroom and 1 bathroom per side. With plenty of updates to both the interior and exterior, you can add this property to your portfolio right away and get the cash flowing. The 1206 unit is currently vacant, updated, and ready for someone to move right in. Whether you are looking to rent out both units or move into one,

  Maxwell Richter Wilmoth Group

  1206 N Gladstone Ave, Indianapolis, IN 46201
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  /16

  $425,000

  • 3 Beds
  • 2 Baths

  420 S Hamilton Ave, Indianapolis, IN 46201

  INVESTOR ALERT!! Presenting New Construction Multi-Family located in one of Indianapolis' rapidly appreciating neighborhoods, ideal for both seasoned and first-time investors seeking strong rental income and long-term equity growth. This Professionally built property features two spacious and modern 3-Bedroom, 2-Bathroom units, each with open-concept floor plans, luxury vinyl plank flooring,

  Jade McGillem Richfield Realty Group

  420 S Hamilton Ave, Indianapolis, IN 46201
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  /40

  $495,000

  • 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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  /2

  $190,000

  • 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

  $335,000

  • 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

  $305,000

  • 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

  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 .14-acre lot with a large backyard, this property is just minutes from downtown Indianapolis, I-70, I-65, several parks, and local shopping this property is

  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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  /20

  $185,000

  • 1 Bed
  • 1 Bath

  819 N Bancroft St, Indianapolis, IN 46201

  Fall in love with this charming duplex on one of Emerson Heights' most picturesque, tree-lined streets-absolutely stunning in the fall! Each unit offers 1 bedroom and 1 bathroom with original hardwood floors, arched doorways, great storage and plenty of natural light that highlights the home's historic charm. BRAND NEW SEWER LINE! replaced July 2025. New AC in 817 (July 2025). Updates (from

  Martine Locke @properties

  819 N Bancroft St, Indianapolis, IN 46201
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  /30

  $240,000

  • 4 Beds
  • 4 Baths

  1538 N Grant Ave, Indianapolis, IN 46201

  NEW PRICE on this Investment Opportunity - 4-Unit Section 8 Property in Glass Works Subdivision, Indianapolis (46201) Discover a strong cash-flowing opportunity with 4-unit multifamily property located in the revitalized Glass Works subdivision of Indianapolis. Each of the four units is Section 8 approved, providing reliable, government-backed rental income with long-term tenant stability.

  Deborah Argenta Keller Williams Indpls Metro N

  1538 N Grant Ave, 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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  /12

  $190,000

  • 4 Beds
  • 4 Baths

  401 Wallace Ave, Indianapolis, IN 46201

  NEW PRICE on this Excellent investment opportunity in Irvington Park! This cash-flowing duplex features two 2 bed, 1 bath units-both currently occupied. Each unit offers spacious living areas and updated mechanicals. Easy access to downtown and public transit. Whether you're looking to expand your portfolio or begin your real estate investment journey, this property delivers immediate income

  Deborah Argenta Keller Williams Indpls Metro N

  401 Wallace Ave, 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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