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Multifamily Homes & Duplexes for Sale in 46208

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  • /56

    $179,900

    • 6 Beds
    • 2 Baths

    3214 & 3216 N Capitol Ave, Indianapolis, IN 46208

    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 income-producing units with a little bit of rehab. 3 bedrooms and 1 bath on both sides. This property is part of a 15-property portfolio and can be bought individually or as part of the package.

    Agent Photo

    James Abner

    eXp Realty, LLC

    (317) 743-3621

    3214 & 3216 N Capitol Ave, Indianapolis, IN 46208
  • /43

    $225,000

    • 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
  • /11

    $165,000

    • 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
  • /47

    $370,000

    • 5 Beds
    • 3 Baths

    4074 Boulevard Place, Indianapolis, IN 46208

    ATTENTION: Investors, Butler Alumni, House Hackers, and savvy buyers alike -don't miss this fully remodeled, turnkey vacant duplex just minutes from Butler University and surrounded by some of Indy's best local restaurants and spots including Hoagies & Hops, Twisted Wings, and Tarkington Park! This turnkey opportunity features a stunning renovation from top to bottom, including a brand-new roof,

    Morgan Thompson Berkley & State, LLC

    4074 Boulevard Place, Indianapolis, IN 46208
  • /68

    $575,000

    • 4 Beds
    • 2 Baths

    40 W 56th St, Indianapolis, IN 46208

    Discover an exceptional investment opportunity with this well-maintained duplex, perfectly situated just steps away from The Shoppes at 56th & Illinois. This unique property offers a blend of residential & commercial potential, with one side of the duplex benefiting from a commercial variance, a rare find in today's market. The duplex features two bedrooms, an updated bath, a spacious living

    Bernard Goodman Compass Indiana, LLC

    40 W 56th St, Indianapolis, IN 46208
  • /23

    $229,400

    • 2 Beds
    • 1 Bath

    3624 N Illinois St, Indianapolis, IN 46208

    Investor Special Near Crown Hill | Duplex Opportunity Discover the potential of this 2 bed, 1 bath per side duplex, located just minutes from Newfields, downtown Indy, and the IU Health campus, Butler University, and transit routes. With market rents of $1,100-$1,200 per unit, this property is a strong play-perfect for investors or house hackers looking to live in one unit while renting out

    Tyler Lingle @properties

    3624 N Illinois St, Indianapolis, IN 46208
  • /44

    $319,999

    • 6 Beds
    • 4 Baths

    Unlisted Address

    Don't miss this beautifully renovated duplex featuring two spacious 3 bed / 1.5 bath units, each offering modern comfort and updates throughout. Whether you're looking for a solid investment or a potential owner-occupancy opportunity, this property is ready to impress. Key Updates Include:Brand New Roof & Windows - Energy-efficient and maintenance-free, New Flooring Throughout Stylish, durable

    Jocelyn Young AMR Real Estate LLC

    Unlisted Address
  • /47

    $550,000

    • 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, plus each unit has its own dedicated, enclosed

    Elizabeth Ewbank Highgarden Real Estate

    4652 N Kenwood Ave, Indianapolis, IN 46208
  • /33

    $170,000

    • 5 Beds
    • 2 Baths

    3433 #A and #B Graceland Ave, Indianapolis, IN 46208

    This well-maintained, income-producing CASH COW duplex offers the perfect blend of investment potential and move-in-ready comfort. One unit features 2 spacious bedrooms and 1 bath, while the other offers 3 bedrooms and 1 bath, both showcasing clean, modern updates throughout. With a strong rental history, this property is ideal for investors looking for steady cash flow or owner-occupants

    Craig DeBoor Real Broker, LLC

    3433 #A and #B 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
  • /25

    $140,000

    • 6 Beds
    • 2 Baths

    2868 Highland Place, Indianapolis, IN 46208

    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 window in the dining room and a large unfinished basement for additional storage. Situated on a .12-acre lot with a

    Jocelyn Deal eXp Realty LLC

    2868 Highland Place, 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! Tenants in both sides.

    Alex Montagano eXp Realty LLC

    3502 N Kenwood Ave, Indianapolis, IN 46208
  • /11

    $550,000

    • 4 Beds
    • 2 Baths

    2349 N Capitol Ave, Indianapolis, IN 46208

    Looking for a spacious, stylish, income producing property? Look no further! This beautifully maintained duplex has it all with the location to match. 4bedrooms and 2 baths in unit 1, 3beds and 2 baths in unit 2.

    Summer Black Black Realty Company

    2349 N Capitol 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

    $325,000

    • 2 Beds
    • 1 Bath

    3547 N Illinois St, Indianapolis, IN 46208

    Hurry! 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 summer 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

    Tyler Willis @properties

    3547 N Illinois St, Indianapolis, IN 46208
  • /36

    $750,000

    • 4 Beds
    • 4 Baths

    2818 N Capitol Ave, Indianapolis, IN 46208

    Amazing opportunity just north of Downtown Indianapolis. This 4plex brings a great investment opportunity in an up and coming area. 3 units are currently tenant occupied. Beautiful yard space, plenty of room for parking and recently renovated. This one won't last long!

    Adam Ross F.C. Tucker Company

    2818 N Capitol Ave, Indianapolis, IN 46208
  • /15

    $144,900

    • 1 Bed
    • 1 Bath

    2507 Rader St, Indianapolis, IN 46208

    INVESTOR SPECIAL! Note: this is a package of three structures (2 parcels) containing a single family home, duplex and corner shop. Single is a 1 bed, 1 bath. Duplex has 2, 1 bedroom units (possibly could be converted into 2 bedrooms). Shopfront on the corner is spacious and provides several different possibilities. All structures need work, but are priced accordingly.

    Barry Hines Realty Wealth Advisors

    2507 Rader 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
  • /21

    $219,000

    • 5 Beds
    • 2 Baths

    3619 Salem St, Indianapolis, IN 46208

    Triplex opportunity in the heart of downtown Indianapolis! Are you Ready? Fully occupied with cash flow of $2600+/month. Two units have 1 bed/1 bath and another unit has 3 beds and 1.5 bath. The two single units are on main floor. The 3 bedroom unit is upstairs. Onsite parking as well as street parking available. Only minutes away from Butler-Tarkington. Three miles to Marian University. And

    Jason Justak eXp Realty, LLC

    3619 Salem 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.

    Virginia Iozzo Epique Inc

    2862 Highland Place, Indianapolis, IN 46208
  • /14

    $110,000

    • 1 Bed
    • 1 Bath

    609 Udell St, Indianapolis, IN 46208

    Duplex with 1 bed, 1 bath, living room and kitchen on each side in the near West side on a block with many renovated houses! Utilities are metered separately. Seller has never occupied nor lived in the property and has limited knowledge of property systems and conditions. Sold AS IS.

    Terry Gerstner F.C. Tucker Company

    609 Udell St, Indianapolis, IN 46208
  • /42

    $184,900

    • 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
  • /32

    $249,900

    • 6 Beds
    • 3 Baths

    3513 N Kenwood Ave, Indianapolis, IN 46208

    $25,000 Price Reduction - Seize this rare chance to build instant equity with this spacious duplex, offering over 1,300 sq. ft. per unit and incredible flexibility for both investors and owner-occupants. Each side includes three bedrooms, with inviting layouts featuring gorgeous hardwood floors that add warmth and charm. One unit features 1.5 bathrooms, while the other has 1 full bath, catering

    Charlene Gaard No Limit Real Estate, LLC

    3513 N Kenwood Ave, Indianapolis, IN 46208
  • /39

    $470,000 New Construction

    • 2 Beds

    617 W 39th St, Indianapolis, IN 46208

    Brand-New Modern Duplex in Prime Location! Discover contemporary living at its finest in this stunning new construction 2 bedroom en suites and a half bath on the main level making that 2.5 bathrooms per side duplex! Perfectly situated near local businesses, popular restaurants, and a beautiful park, this home offers the best of urban convenience and outdoor relaxation. Each unit features

    Aryssa Vaughn Match House Realty Group LLC

    617 W 39th St, Indianapolis, IN 46208
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