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Multifamily Homes & Duplexes for Sale in 46208

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  • /47

    $530,000

    • 5 Beds

    4652 N Kenwood Ave, Indianapolis, IN 46208

    This 3,100+ SF Butler-Tarkington duplex has been beautifully renovated and updated with all the modern conveniences while maintaining its historic charm. Both sides are currently rented to great tenants with timely payment histories with an annual gross rental income of $45,600. There are separate HVAC, electric, and water meters for each unit, and there is plenty of parking in the detached

    Agent Photo

    Elizabeth Ewbank

    Highgarden Real Estate

    (317) 699-4933

    4652 N Kenwood Ave, Indianapolis, IN 46208
  • /56

    $165,000

    • 6 Beds
    • 2 Baths

    3214 & 3216 N Capitol Ave, Indianapolis, IN 46208

    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. This property is part of a portfolio, so there may be additional properties in similar condition available. This duplex is ready for new owners, some updates, and new tenants. Live in one side and rent out the other, or have two great

    Agent Photo

    James Abner

    eXp Realty, LLC

    (317) 743-3621

    3214 & 3216 N Capitol Ave, Indianapolis, IN 46208
  • /46

    $205,000

    • 6 Beds
    • 1 Bath

    505 W 40th St, Indianapolis, IN 46208

    Incredibly rare, 2-story historic multi-family property in Butler-Tarkington neighborhood. Minutes from mid-town, Broad Ripple, interstate access, parks, schools, and much more! Enclosed, private back yard and separate enclosed front porches. 2-car detached garage for off-street parking. Appears to have been previously been 3 Bedrooms per side, but now converted to one unit having an extra

    Chris Price Keller Williams Indy Metro S

    505 W 40th St, Indianapolis, IN 46208
  • /18

    $175,000

    • 4 Beds
    • 2 Baths

    1134 W 27th St, Indianapolis, IN 46208

    This updated duplex offers an excellent opportunity for investors or owner-occupants alike. Each unit features 2 bedrooms and 1 bathroom, with interiors showcasing durable LVP flooring, refreshed kitchens with new cabinets and countertops, and modernized bathrooms. Each unit is equipped with a new furnace and electric water heater, while the property as a whole benefits from a brand-new roof and

    Denise LaChance Tyler Knows Real Estate LLC

    1134 W 27th St, Indianapolis, IN 46208
  • /16

    $169,999

    • 6 Beds
    • 2 Baths

    2918 N Kenwood Ave, Indianapolis, IN 46208

    INVESTOR SPECIAL*** This 3 Bedroom per unit duplex in Marion County presents a compelling prospect for those with a vision for investment and improvement. This property, while holding significant potential, is an excellent opportunity in a rapidly developing area of Indianapolis. With alley access parking and a prime location near Downtown Indianapolis and major highways. There's an excellent

    Keivan Rahimi Renaissance Property Management

    2918 N Kenwood Ave, Indianapolis, IN 46208
  • /11

    $159,900

    • 2 Beds
    • 1 Bath

    1263 W 32nd St, Indianapolis, IN 46208

    STOP! Look at this well-maintained brick duplex it offers an excellent investment opportunity with long-term potential. Each side of the property features 2 bedrooms and 1 full bathroom, providing functional layouts and consistent rental appeal. One unit is currently vacant-perfect for owner-occupants or investors looking to show, renovate, or rent at market rates. With durable construction,

    Ernest Hanohano-Pastushin F.C. Tucker Company

    1263 W 32nd St, Indianapolis, IN 46208
  • /23

    $219,999

    • 3 Beds

    3114 N Capitol Ave, Indianapolis, IN 46208

    Great potential in this 2 unit Residential Row House. The previous owner converted this single family home into 2 units. Unit 1 is 3114 N Capitol and includes the first and second levels. Unit 2 is 3116 N Capitol and is the basement. The basement was previously finished, but has now been gutted down to the studs due to water intrustion issues. This will make an excellent investment or single

    Daniel Witte Witte Realty Group LLC

    3114 N Capitol Ave, Indianapolis, IN 46208
  • /49

    $649,999

    • 7 Beds
    • 7 Baths

    4155 Graceland Ave, Indianapolis, IN 46208

    This unique quadruplex in Butler Tarkington offers character, functionality, and investment opportunity all in one. The main house is full of timeless charm, featuring two stunning wood staircases, original built in shelving, and spacious living areas. With 4 large bedrooms and 4 full bathrooms, there's plenty of room to spread out. The updated kitchen shines with brand new cabinets and

    Alexandria Heygood Highgarden Real Estate

    4155 Graceland Ave, Indianapolis, IN 46208
  • /9

    $144,000

    • 4 Beds
    • 2 Baths

    1150 Eugene St, Indianapolis, IN 46208

    Located at 1150 Eugene ST, Indianapolis, IN, this duplex in Marion County presents a compelling proposition for those with an eye for opportunity, as it is a great option for investors and handy homeowners alike. Resting on a 3746 square feet lot area, this 1.5 story duplex, constructed in 1920, offers a canvas upon which to create lasting value. This is a great investment property, offering

    Michael Evans F.C. Tucker Company

    1150 Eugene St, Indianapolis, IN 46208
  • /10

    $172,900

    • 6 Beds
    • 4 Baths

    2913 Boulevard Place, Indianapolis, IN 46208

    Reduced! Seller says sell, make us an offer. Fully leased Duplex in up and coming area w/ 3 BR's & 2 BA's/1216 sq ft per side(+/-) is ready for new owners. Bringing in $1705 in rents per month(2913-$910 thru 8/31/2025, 2915-$795 thru 2/28/2026), both Section 8. Alley access parking. 2 furnaces/2 water heaters. Property appears to have been a 4 plex at one time and may be able to be converted

    Jason Williamson RE/MAX Advanced Realty

    2913 Boulevard Place, Indianapolis, IN 46208
  • /36

    $725,000

    • 8 Beds
    • 4 Baths

    59 W Fall Creek Parkway Dr S, Indianapolis, IN 46208

    Nestled along the scenic Fall Creek Parkway, this exceptional multi-family property presents a rare opportunity for investors seeking quality rental units in one of Indianapolis's most desirable neighborhoods. This charming property features four well-maintained units, each offering comfortable 2-bedroom, 1-bathroom layouts that appeal to a wide range of potential tenants. Say goodbye to tenant

    Jamie Suchotzky Red Hot, REALTORS LLC

    59 W Fall Creek Parkway Dr S, Indianapolis, IN 46208
  • /57

    $700,000

    • 8 Beds
    • 4 Baths

    55 W Fall Creek Parkway Dr S, Indianapolis, IN 46208

    Welcome to this outstanding multi-family property nestled in one of Indianapolis'most desirable neighborhoods. This gem features four thoughtfully designed units, each offering comfortable two-bedroom, one-bathroom layouts perfect for residents seeking convenience and quality living. Situated in a vibrant community, this property enjoys proximity to numerous local amenities that tenants will

    Jamie Suchotzky Red Hot, REALTORS LLC

    55 W Fall Creek Parkway Dr S, Indianapolis, IN 46208
  • /24

    $230,000

    • 6 Beds

    3502 N Kenwood Ave, Indianapolis, IN 46208

    A great addition or start to your portfolio! This 3 bedroom, 1.5 bathroom (on each side) duplex sits in the heart of Crown Hill. Updated roof, mechanicals, flooring, paint, kitchens, and windows. Walking distance to the Children's Museum and close proximate to major neighborhood renovation projects. Easy access to I-65!

    Alex Montagano eXp Realty LLC

    3502 N Kenwood Ave, Indianapolis, IN 46208
  • /31

    $725,000

    • 5 Beds
    • 4 Baths

    2407 N Capitol Ave, Indianapolis, IN 46208

    This STR portfolio is comprised of four properties totaling 16 rentable units. This is a quadplex with 4 units. Current ownership has demonstrated strong short-term income potential. Near downtown locations and boutique finishes drive high occupancy and opportunities for increased revenue with a combination of STR and MTR. Conversion to townhomes/condos or LTR as well as development of included

    Cory Gardner Gardner Property Group

    2407 N Capitol Ave, Indianapolis, IN 46208
  • /34

    $317,500

    • 2 Beds
    • 1 Bath

    3547 N Illinois St, Indianapolis, IN 46208

    This is the rare renovated duplex you have been looking for! 2 Bed 1 Bath with full length basement on each side. Bright, clean, and newly refreshed; perfect timing for an owner occupant or investor to place tenants. The new owner will enjoy new HVAC system, paint, water heaters, windows. Prospective tenants will love the updated kitchen with new cabinets & countertops. Bathrooms have new

    Tyler Willis @properties

    3547 N Illinois St, Indianapolis, IN 46208
  • /50

    $485,000

    • 7 Beds
    • 4 Baths

    15 W 28th St, Indianapolis, IN 46208

    Spacious and full of potential, this large office building is the perfect canvas for investors or business owners looking to create a fully customized space. Boasting generously sized rooms and beautiful original hardwood floors throughout, this property combines classic charm with the opportunity for modern upgrades. With some heavy work and renovation needed, this building is ideal for those

    Parker Jones Horizon Realty Group LLC

    15 W 28th St, Indianapolis, IN 46208
  • /22

    $215,000

    • 2 Beds
    • 1 Bath

    2862 Highland Place, Indianapolis, IN 46208

    Great investment opportunity in an increasingly popular area. 2bd 1bath both sides with fresh, modern updates. One side is leased making this an instant cash flowing property. Numerous ceiling fans, formal dining room and ample natural light make for very comfortable living! Large backyard creates numerous possibilities. Section 8 qualified - tenant pays $1377/month + utilities. Lease ends

    Virginia Iozzo Epique Inc

    2862 Highland Place, Indianapolis, IN 46208
  • /42

    $169,900

    • 6 Beds
    • 2 Baths

    3469 N Capitol Ave, Indianapolis, IN 46208

    Huge potential for a lovely duplex with ample room in each unit. This property appears to have had some updates in the past but still needs your own personal touch to make it special. Huge Living Rooms, D& Formal dining Room with a stairway foyer entrance/mud room, then a large eat in kitchen. Both sides have had some kitchen updates but one side might have a slightly larger kitchen. There are 3

    Jackie Lovell New Quantum Realty Group

    3469 N Capitol Ave, Indianapolis, IN 46208
  • /25

    $140,000

    • 6 Beds
    • 2 Baths

    2868 Highland Place, Indianapolis, IN 46208

    This property is in an auction, being sold as-is and where-is. Visit Auction dot com for all details and to place a bid. Investment opportunity in the Crown Hill 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. Featuring bay windows in the primary bedrooms, a built in bookcase and large picture

    Jocelyn Deal eXp Realty LLC

    2868 Highland Place, Indianapolis, IN 46208
  • /5

    $1,275,000

    • 3 Beds
    • 2 Baths

    1137 W 21st St, Indianapolis, IN 46202

    Riverside Duplex Portfolio - 3 New Construction Assets in One of Indy's Fastest-Growing Neighborhoods Location: Riverside Neighborhood, Indianapolis, IN Properties: 3 Duplexes (6 total units) Unit Mix: Modern 3-bed/2-bath and 6-bed/4-bath layouts Total Portfolio Price: Inquire for pricing and individual pro formas Portfolio Overview Presenting a rare opportunity to acquire three newly

    Ed Neu Neu Real Estate Group

    1137 W 21st St, Indianapolis, IN 46202
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