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Bates-Hendricks Multifamily Homes & Duplexes for Sale

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  • /3

    $225,000

    • 3 Beds
    • 1 Bath

    1846 Olive St, Indianapolis, IN 46203

    Nice investment property potential! Inside needs remodeling as was burned in fire. The inside is down to the studs. Needs plumbing, electrical, insulation & dry wall.

    Chas Schaffernoth F.C. Tucker Company

    1846 Olive St, Indianapolis, IN 46203
  • /33

    $425,000

    • 5 Beds
    • 3 Baths

    522 Prospect St, Indianapolis, IN 46203

    This fully furnished triplex at 522 Prospect Street presents an excellent opportunity for investors looking for a strong income property with even more potential ahead. Featuring two 2 bed/1 bath units and one 1 bed/1 bath unit, the property has received updates including new flooring, modern kitchens, a new roof, water heater, and furnace. All furnishings are included in the sale, offering a

    Jacob Deacon eXp Realty, LLC

    522 Prospect St, Indianapolis, IN 46203
  • /10

    $249,900

    • 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
  • /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
  • /16

    $210,000

    • 4 Beds
    • 3 Baths

    631 Terrace Ave, Indianapolis, IN 46203

    It's your lucky day! Buyer financing fell through so we're back on the market. Be part of the exciting revival of the Old Southside, Bates-Hendricks, and South Park neighborhoods. This early 20th-century duplex offers a unique opportunity for investors or visionary homeowners. With over 2,600 total square feet (m/l), the property is ready for renovation-restore it to its original single-family

    Rod Forrest eXp Realty, LLC

    631 Terrace Ave, Indianapolis, IN 46203
  • /25

    $229,900

    • 6 Beds
    • 3 Baths

    408 E Beecher St, Indianapolis, IN 46225

    Opportunity time in Bates Hendricks area. Double with 3 BR's per side, LR, DR, Kitchen & small rear enclosed porch area. There is alley access and large backyard area with partial fence. This just needs a few repairs, most of the work has been done. Live in one side and rent the other. This is a rare opportunity in this upcoming area with dowtown access. Must see!

    Kurt Clements Diverse Property Solutions Ind

    408 E Beecher St, Indianapolis, IN 46225
  • /68

    $297,500

    • 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

Why Live in Bates-Hendricks

Bates-Hendricks in Indianapolis is a historic neighborhood located just 3 miles south of downtown. Known for its close-knit community, the area is supported by the active Bates-Hendricks Neighborhood Association, which organizes annual events and park clean-ups. The neighborhood features 19th-century architecture, including the nationally-registered Bates-Hendricks House, and is undergoing significant renovations. Housing options include single-family homes and duplexes, with many properties showcasing bright colors and decorative roof gables. Common home styles are bungalows with covered porches and Dutch Colonials with barn-like roofs. Pocket parks like Ringgold Park and Baumann Park offer playgrounds and picnic areas, while the nearby 122-acre Garfield Park provides a variety of things to do, such as swimming, performing arts, and a conservatory. South East Street is a hub for dining and nightlife, featuring spots like Indy All Night and 1718 House Bar, while Claus' German Sausage and Meats is a local favorite for fresh and smoked meats. The neighborhood is well-connected with bike lanes and bus routes, and Indianapolis International Airport is 12 miles away.

Home Trends in Bates-Hendricks, IN

Housing Trends

Median Sale Price
$300,000
Median Single Family Sale Price
$310,000
Median Townhouse Sale Price
$384,900
Average Price Per Sq Ft
$180
Number of Homes for Sale
52
Last 12 months Home Sales
90
Months of Supply
6.90
Median List Price
$325,000
Median Change From 1st List Price
5%
Median Home Sale Price YoY Change
-5%
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