23

Multifamily Homes & Duplexes for Sale in 46203

Section Image Section Image
  • /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.

    Agent Photo

    Timothy O'Connor

    Berkshire Hathaway Home

    (463) 223-4024

    1602 E Minnesota St, Indianapolis, IN 46203
  • /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

    Agent Photo

    Leyton Wellbaum

    Highgarden Real Estate

    (317) 648-7871

    1651 Spann Ave, Indianapolis, IN 46203
  • /18

    $290,000

    • 6 Beds
    • 2 Baths

    1036 Churchman Ave, Indianapolis, IN 46203

    Excellent investment opportunity in Fountain Square! 3 bedrooms, 1 bath per side! 1 side vacant and with recent updates including fresh paint and new upper level flooring. Leased side at $1150/month. Walk to Fountain Square shops, eateries, and more. Several updates in 1036 exterior paint, refreshed kitchen and baths, new lighting, fully fenced in backyard and more. All appliances included!

    Molly Hadley F.C. Tucker Company

    1036 Churchman Ave, Indianapolis, IN 46203
  • /25

    $349,999

    • 3 Beds
    • 2 Baths

    2304 S Keystone Ave, Indianapolis, IN 46203

    Welcome to 2304 S. Keystone Ave., a beautifully remodeled duplex located in the heart of Indianapolis, Indiana. This exceptional property features two spacious units, each boasting three bedrooms and two modern bathrooms, making it ideal for both investors and owner-occupants. Step inside to discover a stylish interior with contemporary updates throughout. The kitchens are equipped with sleek

    Tyler Angel Keller Williams Indy Metro S

    2304 S Keystone Ave, Indianapolis, IN 46203
  • /16

    $214,999

    • 5 Beds
    • 3 Baths

    2633 S Randolph St, Indianapolis, IN 46203

    Here is the opportunity investors have been waiting for: a fully-leased duplex in an appreciating area of Indianapolis, offering immediate cash flow from the moment you close.This well-configured property features a desirable unit mix - a 3-bedroom, 2-bath unit paired with a comfortable 2-bedroom, 1-bath unit. This combination ensures broad tenant appeal and supports consistent, long-term

    Michael Rhoton F.C. Tucker Company

    2633 S Randolph St, Indianapolis, IN 46203
  • /10

    $265,000

    • 3 Beds
    • 3 Baths

    802 Weghorst St, Indianapolis, IN 46203

    Exceptional Triplex Investment Opportunity in Fountain Square! Unlock the potential of this rare multi-family gem located in the heart of highly sought-after Fountain Square-one of Indianapolis' fastest-growing and most vibrant neighborhoods. This income-producing triplex offers a solid foundation for both seasoned investors and those looking to start or expand their portfolio. Each of the three

    Josh Monteith Monteith-Legault Real Estate C

    802 Weghorst St, Indianapolis, IN 46203
  • /31

    $170,000

    • 4 Beds
    • 2 Baths

    2441 Wade St, Indianapolis, IN 46203

    This cash-flowing duplex is a fantastic opportunity for investors or house hackers alike! Conveniently located just minutes from Downtown Indianapolis, Fountain Square, Beech Grove, and the Southside, this property offers easy access to some of the city's best dining, entertainment, and amenities. Both units have been updated throughout and are truly move-in ready, offering modern finishes with

    Craig DeBoor Real Broker, LLC

    2441 Wade St, Indianapolis, IN 46203
  • /10

    $170,000

    • 2 Beds
    • 2 Baths

    1851 E Minnesota St, Indianapolis, IN 46203

    This charming duplex offers a wonderful opportunity for both investors and homeowners. Each unit features 1 bedroom and 1 full bathroom, perfect for simple, low-maintenance living. Sitting proudly on a desirable corner lot, this property offers great visibility and accessibility. One unit is currently rented, providing immediate income, while the other side is vacant and move-in ready-ideal for

    Craig DeBoor Real Broker, LLC

    1851 E Minnesota St, Indianapolis, IN 46203
  • /7

    $750,000

    • 6 Beds

    517 Prospect St, Indianapolis, IN 46203

    Proposed New Construction Duplex in the Heart of Downtown Indianapolis! Discover a rare opportunity to own a brand-new, high-performing duplex just steps from everything downtown Indy has to offer. Built by Paradigm Construction-one of the Midwest's premier builders known for quality craftsmanship and forward-thinking design-this project offers the perfect blend of investment potential and modern

    Tyler Willis @properties

    517 Prospect St, Indianapolis, IN 46203
  • /17

    $154,900

    • 2 Beds
    • 2 Baths

    1707 E Tabor St, Indianapolis, IN 46203

    Turnkey Duplex Investment - Tenant Occupied & Income Producing. This solid 1925-built duplex features two 1-bedroom, 1-bath units, both currently leased and producing rental income. Located near downtown Indianapolis with easy access to major roadways and public transit, this is a smart opportunity for any investor looking to grow their portfolio. Showings require 48-hour notice. Please do not

    Christopher Stjernholm Trelora Realty

    1707 E Tabor St, Indianapolis, IN 46203
  • /26

    $580,000

    • 4 Beds
    • 4 Baths

    934 Calvary St, Indianapolis, IN 46203

    Welcome to 932-934 Calvary St, a fully updated duplex offering flexibility, convenience, and strong income potential. Each side of this property has been thoughtfully improved with new kitchens, including cabinetry, countertops, and stainless steel appliances, plus updated bathrooms, lighting, paint, and flooring throughout. The layouts provide practical living spaces that suit a variety of

    Blake Settles Ever Real Estate, LLC

    934 Calvary St, Indianapolis, IN 46203
  • /23

    $579,000

    • 6 Beds

    1521 S East St, Indianapolis, IN 46225

    Welcome to this beautifully updated duplex (1521-1523 S East St.) in one of Indianapolis' hottest neighborhoods - Bates-Hendricks. Each unit features 3 spacious bedrooms and 2.5 modern bathrooms, offering the perfect blend of historic charm and contemporary comfort. Every inch of this property has been thoughtfully renovated, from the stylish kitchens with new appliances and custom finishes to

    Oumar Bah Bah Realty Trust

    1521 S East St, Indianapolis, IN 46225
  • /23

    $155,000

    • 2 Beds
    • 2 Baths

    1849 E Minnesota St, Indianapolis, IN 46203

    Fully rented and cash-flowing, this 1 bed, 1 bath duplex presents an excellent opportunity for both investors and owner-occupants. Currently generating $1,525/month in gross rental income, there's clear upside potential-market rents are projected at $1,000-$1200/month per unit. With boths units on a month-to-month lease, there's flexibility to raise rents or renovate. Each unit is separately

    Tyler Lingle @properties

    1849 E Minnesota St, Indianapolis, IN 46203
  • /6

    $114,900

    • 4 Beds
    • 2 Baths

    1844 E Minnesota St, Indianapolis, IN 46203

    Investors great potential! Each unit is 2 bedrooms, 1 bath with shared backyard and covered front porch. Property sold as-is, utilities are off.

    Kelly Wood RE/MAX At The Crossing

    1844 E Minnesota St, Indianapolis, IN 46203
  • /36

    $279,900

    • 4 Beds
    • 3 Baths

    2116 Prospect St, Indianapolis, IN 46203

    Triplex in fountain square with off street parking. Separated entries and a shared outdoor space. Units are all metered separately except for water. All units have in-unit laundry, new appliances, receding lights, updated bathrooms, updated kitchens, baseboard heat and window ac. Total rental income: $2,875 monthly. Upstairs unit has potential to create a loft/extra living space in the attic.

    Katie Berg Compass Indiana, LLC

    2116 Prospect St, Indianapolis, IN 46203
  • /34

    $290,000

    • 4 Beds
    • 4 Baths

    2609 E Troy Ave, Indianapolis, IN 46203

    Cash flowing duplex located minutes from Downtown, Fountain Square, Beech Grove, and the Southside! Totally remodeled in 2023. Updated plumbing and electrical. New roof on house and garage in 2022. New garage doors 2022. Kitchen refrigerator and electric range on both sides. Basement windows new in 2023, along with basement bedrooms and bathrooms. Flooring, tile, vanity, basement bedrooms,

    Sam Kingdon Key Realty Indiana

    2609 E Troy Ave, Indianapolis, IN 46203
  • /14

    $229,900

    • 6 Beds
    • 4 Baths

    1802 Woodlawn Ave, Indianapolis, IN 46203

    Welcome to this promising investment property located centrally in the vibrant city of Indianapolis, Indiana. Situated in a prime location, this multi-family 4 unit property offers an excellent opportunity for investors seeking steady rental income and future appreciation potential.This property enjoys easy access to downtown amenities, universities, employment centers, and transportation routes,

    Kurt Clements Diverse Property Solutions Ind

    1802 Woodlawn Ave, Indianapolis, IN 46203
  • /5

    $139,900

    • 4 Beds
    • 2 Baths

    1141 Dawson St, Indianapolis, IN 46203

    Property is currently rented but the property is in disrepair and needs many updates. Duplex but could be converted into a single family home. Lots of renovation in the neighborhood which is near Fountain Square. Bring your tools and start making money. The rent prices do not reflect the current rents in the neighborhood. Lots of upside!

    Kip Kistler Doc Real Estate, Inc

    1141 Dawson St, Indianapolis, IN 46203
  • /15

    $120,000

    • 3 Beds
    • 2 Baths

    1816 Olive St, Indianapolis, IN 46203

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

    Stephen Benedict Jade Crown Realty

    1816 Olive St, Indianapolis, IN 46203
  • /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
  • /16

    $124,900

    • 2 Beds
    • 2 Baths

    1610 Hoefgen St, Indianapolis, IN 46203

    Perfect Investment Opportunity! 2-unit duplex close to downtown, shopping, and easy interstate access. Being sold as-is, features two units. Each unit has 1 bedroom, 1 bath, living room, and dining room. Both units have separate utility meters. Whether you are looking to live in one side of the duplex and rent out the other, this is the perfect property for you!

    Kelly Wood RE/MAX At The Crossing

    1610 Hoefgen St, Indianapolis, IN 46203
  • /68

    $300,000

    • 3 Beds
    • 1 Bath

    1845 Barth Ave, Indianapolis, IN 46203

    Discover this solid investment opportunity with this charming Craftsman-style duplex, ideally situated between Garfield Park and Fountain Square-two of Indy's most vibrant neighborhoods. Each unit features 3 bedrooms and 1 bath, offering spacious living areas filled with character. With just modest updates needed, this property provides an excellent chance to add your personal touch and maximize

    Patrick Keller CrestPoint Real Estate

    1845 Barth Ave, Indianapolis, IN 46203
  • /28

    $337,000

    • 4 Beds
    • 2 Baths

    1701 Woodlawn Ave, Indianapolis, IN 46203

    Explore this attractively priced duplex in vibrant Fountain Square, just minutes from Downtown Indianapolis. Ideal for entrepreneurs, it offers a unique opportunity to use the top unit as an office while residing in or renting out the other. This property has a strong rental history, providing consistent income with its dual-unit setup. Each unit features modern kitchens, spacious living

    Alexandria Hyche Dix Realty Group

    1701 Woodlawn Ave, Indianapolis, IN 46203
How to Buy a Home How to Finance a Home How to Sell a Home