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Explore Similar Apartments Within 2 Miles of Lockerbie Square, IN

  • /16

    $170,000

    • 2 Beds
    • 2 Baths

    944 N Hamilton Ave, Indianapolis, IN 46201

    Fully leased with gross annual rent of \$18,780, this 2-unit property offers immediate, reliable income. Each unit features 1 bed, 1 bath, and approx. 700 sq. ft., plus split basements for storage. Recent upgrades in one unit include new LVP flooring and appliances. Tenants pay all utilities, keeping expenses predictable and low. Amenities include both street and off-street parking, along

    Agent Photo

    Dana Rivers

    Resolute Realty

    (317) 961-2988

    944 N Hamilton Ave, Indianapolis, IN 46201
  • /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
  • /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
  • /66

    $1,200,000

    • 6 Beds
    • 5 Baths

    1542 Bellefontaine St, Indianapolis, IN 46202

    This is definitely one-of-a-kind opportunity in Old Northside! This sleek, modern home offers flexibility as a spacious single-family home or generate income from three distinct units. Featuring 6 bedrooms, 5.5 baths, and 3.5 kitchens, the main floor boasts an open kitchen with Cafe appliances open to living and dining with vast natural light, while the second floor showcases a luxurious

    Kristin Glassburn @properties

    1542 Bellefontaine St, Indianapolis, IN 46202
  • /15

    $425,000

    • 3 Beds
    • 2 Baths

    1125 Trowbridge St, Indianapolis, IN 46203

    INVESTOR ALERT!! Presenting New Construction Multi-Family located in one of Indianapolis' rapidly appreciating neighborhoods - FOUNTAIN SQUARE! This vertical duplex or 'Multi-Unit Home' is 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

    Jade McGillem Richfield Realty Group

    1125 Trowbridge St, Indianapolis, IN 46203
  • /40

    $165,000

    • 2 Beds
    • 2 Baths

    2109 Lexington Ave, Indianapolis, IN 46203

    Potential abounds with this duplex located near downtown, on a large lot, with income generating options. Each side features two bedrooms, 2 bathroom, a spacious kitchen with eat in dining options, high ceilings on the first level, a large back yard with options for a fence for your furry friends or a garage addition all with a super accessible location. Check this one out for yourself or for

    Natanja Tabb-Peterson @properties

    2109 Lexington Ave, Indianapolis, IN 46203
  • /35

    $725,000

    • 6 Beds
    • 3 Baths

    520 E 11th St, Indianapolis, IN 46202

    Seeing triple with this blue-chip Chatham Arch Triplex! This income-producing property is in pristine condition and ready to be added to your portfolio. The location doesn't get much better, with easy access to all things Massachusetts Avenue and Bottleworks. These units are well updated and well maintained, equipped with hardwood floors, large windows, and preserved historic qualities that

    Joe Everhart Everhart Studio, Ltd.

    520 E 11th St, Indianapolis, IN 46202
  • /52

    $459,900

    • 8 Beds
    • 4 Baths

    525 N Keystone Ave, Indianapolis, IN 46201

    Luxurious, fully remodeled duplex that can be your next turnkey investment or a multi-generational gem! Discover modern living in this stunningly remodeled duplex located just minutes from downtown Indianapolis, Bottleworks District, and Mass Ave. Each side of this spacious property boasts 4 generously sized bedrooms and 2 full designer bathrooms, offering flexibility for large families, house

    Chris Price Keller Williams Indy Metro S

    525 N Keystone Ave, Indianapolis, IN 46201
  • /23

    $430,000

    • 6 Beds
    • 4 Baths

    66 E Caven St, Indianapolis, IN 46225

    Investment Opportunity- Fully Remodeled Duplex! This stunning duplex offers two mirrored 3- bedroom, 2-bath units in a prim location near the rapidly growing Bates-Hendricks and Fountain Square neighborhoods. Recently renovated from top to bottom, each unit boasts a sleek white kitchen, beautiful flooring throughout, and a private balcony off the master bedroom. Perfect for investors or

    Brooke Batton F.C. Tucker/Sirkus-Allen

    66 E Caven St, Indianapolis, IN 46225
  • /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
  • /20

    $300,000

    • 6 Beds
    • 4 Baths

    2413 Guilford Ave, Indianapolis, IN 46205

    Don't miss this prime investment opportunity located just steps from the Monon Trail and minutes from Downtown Indianapolis! This duplex offers excellent rental potential with two spacious units, ideal for owner-occupants or investors looking to expand their portfolio. Features include: * Convenient location near downtown, the Monon Trail, and local amenities * Income-producing potential

    Guadalupe Penaloza GO Real Estate Services, LLC

    2413 Guilford Ave, Indianapolis, IN 46205
  • /43

    $245,000

    • 4 Beds
    • 2 Baths

    3328 E New York St, Indianapolis, IN 46201

    Prime Investment Opportunity in the growing Near Eastside corridor of Downtown Indy! 3328-3330 E New York St. is a new renovation on a classic Indy 4-square duplex. This property was fully renovated inside & out in 2023, and is now occupied by tenants on both sides ($1100 / mo, residents pay their own utilities). New York Street was recently converted into a 2-way as of 2025, which is poised to

    Tyler Lingle @properties

    3328 E New York St, Indianapolis, IN 46201
  • /15

    $425,000

    • 6 Beds
    • 4 Baths

    1364 N Dearborn St, Indianapolis, IN 46201

    This fully updated duplex offers a turnkey investment with no upfront work required, making it an ideal addition to any portfolio. Located in a stable Indianapolis neighborhood, the property is move-in ready and designed to attract long-term tenants. Each unit features stylish kitchens with shaker cabinetry, eye-catching backsplashes, and spacious islands that serve as both prep space and

    Rebecca Allen F.C. Tucker/Sirkus-Allen

    1364 N Dearborn St, Indianapolis, IN 46201
  • /9

    $89,900

    • 1 Bed
    • 1 Bath

    37 S Rural St, Indianapolis, IN 46201

    Excellent investment opportunity with this home to make it yours however you wish. This amazing opportunity is sold AS-IS.

    Ben Grise List With Ben, LLC

    37 S Rural St, Indianapolis, IN 46201
  • /2

    $104,900

    • 4 Beds
    • 2 Baths

    2626 E Brookside Ave, Indianapolis, IN 46218

    Eastside duplex in convenient location with easy access to I-70 and Downtown Indy. Each unit features two bedrooms and one bathroom. The property is in need of some TLC which presents an opportunity for substantial upside! Unit 2626 is tenant occupied. Please do not disturb tenants. Sold as-is.

    RJ LaChance Tyler Knows Real Estate LLC

    2626 E Brookside Ave, Indianapolis, IN 46218
  • /39

    $165,000

    • 3 Beds
    • 2 Baths

    333 Leeds Ave, Indianapolis, IN 46201

    Located just minutes away from fountain square, this inviting home in downtown Indianapolis presents an exceptional opportunity to embrace a ready-to-move-in lifestyle. The kitchen offers a welcoming space to craft culinary delights, featuring shaker cabinets that combine classic design with practical storage, creating a functional and attractive area. In the bathroom, the tiled walk-in shower

    Julien Mills Ocean Air Realty

    333 Leeds Ave, Indianapolis, IN 46201
  • /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
  • /18

    $224,900

    • 6 Beds
    • 2 Baths

    534 N Beville Ave, Indianapolis, IN 46201

    Here is a great duplex investment property that has had some interior updates done in the last five years. Each side features 3 bedrooms and 1 bathrooms. One side has a third story finished bedroom. This location is near elementary school and places like Fountain Square, Mass Ave, and Bottleworks. Single family homes on block sell 300-500K. Must see this if considering a multi family

    Kurt Clements Diverse Property Solutions Ind

    534 N Beville Ave, Indianapolis, IN 46201
  • /34

    $600,000

    • 6 Beds

    1629/1631 Carrollton Ave, Indianapolis, IN 46202

    A rare opportunity to own a fully furnished, income-generating duplex in the heart of Indianapolis' premier Kennedy-King neighborhood. This professionally managed property features two spacious units, each currently operating as highly profitable short-term rentals with outstanding occupancy rates. Each unit offers three bedrooms and two and a half bathrooms, fully appointed kitchens, and

    Allison Steck Compass Indiana, LLC

    1629/1631 Carrollton Ave, Indianapolis, IN 46202
  • /45

    $750,000

    • 3 Beds

    213 E 15th St, Indianapolis, IN 46202

    Large 6BR/7BA DUPLEX in the heart of the Old Northside Neighborhood. This property is in great condition, offering a harmonious blend of victorian era charm with modern custom convenience. The living room offers a large inviting space that flows into the open kitchen enhanced by a large kitchen island. Living space includes custom crown molding and the bathrooms are designed for comfort and

    Joel Mathews @properties

    213 E 15th St, Indianapolis, IN 46202
  • /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
  • /31

    $165,000

    • 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
  • /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
  • /8

    $425,000

    • 3 Beds
    • 2 Baths

    1717 Ingram St, Indianapolis, IN 46218

    Modern New Construction Duplex in Martindale-Brightwood | Investment or House Hack Opportunity! Discover this brand-new duplex located in the rapidly revitalizing Martindale-Brightwood neighborhood - one of Indianapolis' most exciting up-and-coming areas for homeowners and investors alike! This thoughtfully designed new build offers two spacious units, each featuring 3 bedrooms and 2 full

    Ed Neu Neu Real Estate Group

    1717 Ingram St, Indianapolis, IN 46218
  • /10

    $425,000

    • 3 Beds
    • 2 Baths

    1706 Ingram St, Indianapolis, IN 46218

    Modern New Construction Duplex in Martindale-Brightwood | Investment or House Hack Opportunity! Discover this brand-new duplex located in the rapidly revitalizing Martindale-Brightwood neighborhood - one of Indianapolis' most exciting up-and-coming areas for homeowners and investors alike! This thoughtfully designed new build offers two spacious units, each featuring 3 bedrooms and 2 full

    Ed Neu Neu Real Estate Group

    1706 Ingram St, Indianapolis, IN 46218
  • /9

    $425,000

    • 3 Beds
    • 2 Baths

    1631 Montcalm St, Indianapolis, IN 46202

    Turnkey New Construction Duplex in Riverside - Strong Cash Flow & Upside Unit Mix: (2) 3 bed / 2 bath; Projected Monthly Rent: $1,818 (3x2) / $3,636 Gross Monthly Total Units: 2 Step into this new construction duplex in the revitalizing Riverside neighborhood, one of Indianapolis' fastest-growing corridors for residential and mixed-use development. This turnkey asset is designed for strong

    Ed Neu Neu Real Estate Group

    1631 Montcalm St, Indianapolis, IN 46202
  • /12

    $415,000

    • 6 Beds

    1315 Union St, Indianapolis, IN 46225

    This fully remodeled duplex features two spacious units, each offering 3 bedrooms, 2.5 baths, and 1,650 square feet of living space. Both sides include modern finishes, updated systems, and thoughtful layouts ideal for long-term tenants. The property is currently bringing in $2,700 per month in combined rent, with room to increase as market rents in the area continue to rise. Located near

    Olga Bliuc-Haggard New Quantum Realty Group

    1315 Union St, Indianapolis, IN 46225
  • /9

    $245,000

    • 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
  • /3

    $149,900

    • 5 Beds
    • 1 Bath

    646 N Temple Ave, Indianapolis, IN 46201

    Great duplex for investor to purchase & update with some sweat equity. Lot's of upside for the right investor. 5 br's on each side of duplex. Currently 3 individual rooms are rented out & generating $3,500/month. Seller prefers CASH offers only and to close in 10 days from signed contract. This street has significant upside value for the right investor.

    Chas Schaffernoth F.C. Tucker Company

    646 N Temple Ave, Indianapolis, IN 46201
  • /4

    $139,900

    • 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
  • /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
  • /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
  • /26

    $190,000

    • 4 Beds
    • 2 Baths

    2249 E Brookside Ave, Indianapolis, IN 46218

    Nestled at 2249 E Brookside AVE, INDIANAPOLIS, IN, this duplex offers an inviting home, ready for you to move in and begin creating lasting memories. Imagine beginning your day in a kitchen adorned with crown molding, a subtle yet elegant detail that elevates the entire space. Envision yourself unwinding in a bathroom featuring a tiled shower, creating a spa-like experience right in the comfort

    Michael Evans F.C. Tucker Company

    2249 E Brookside Ave, Indianapolis, IN 46218
  • /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
  • /40

    $465,000

    • 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
  • /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
  • /13

    $185,000

    • 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
  • /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
  • /85

    $749,800

    • 6 Beds
    • 6 Baths

    2051 Columbia Ave, Indianapolis, IN 46202

    Urban living at its finest. Brand new construction a few blocks off the Monon with all the modern amenities and no HOA in this duplex! Open concept living on the main with a chef's kitchen, perfect for entertaining and tons of storage. Separate flex space that could be used as an office. Main floor also has a spacious mudroom and half bath. Master suite with vaulted ceilings, walk-in closet, and

    Benjamin Claghorn United Real Estate Indpls

    2051 Columbia Ave, Indianapolis, IN 46202
  • /36

    $302,000

    • 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

Why Live in Lockerbie Square

Lockerbie Square, the oldest surviving residential neighborhood in Indianapolis, is known for its cobblestone streets and 19th-century houses, including Federal, Italianate, and Queen Anne styles. The area, saved by preservationists in the 1970s, features converted industrial buildings like the Lockerbie Glove Factory and a mix of cottages and modern custom homes. Despite the absence of parks, its tree-lined streets create an urban oasis just blocks from downtown. The James Whitcomb Riley Museum Home serves as a community hub, and nearby Highland Park and Willard Park offer green spaces. Dining options include the historic Rathskeller beer hall and the highly-rated Vida restaurant, with additional eateries and entertainment in the Bottleworks District. Whole Foods and Needler’s Fresh Market are conveniently located nearby. Lockerbie Square hosts annual events like the Fourth of July celebration and L’Ocktoberfest. Herron High School, a highly rated public charter school, is less than 2 miles away. The neighborhood is well-connected, with access to Interstates 65 and 70 and several IndyGo bus routes. Compared to the national average, Lockerbie Square has fewer reports of auto theft than most parts of downtown Indy. Occasional flooding near Park Ave. and Michigan St. is a noted concern.

Home Trends in Lockerbie Square, IN

Housing Trends

Median Sale Price
$424,900
Median Single Family Sale Price
$579,450
Median Townhouse Sale Price
$662,500
Median 2 Bedroom Sale Price
$372,500
Median 1 Bedroom Sale Price
$297,500
Average Price Per Sq Ft
$271
Number of Homes for Sale
9
Last 12 months Home Sales
35
Months of Supply
3.10
Median List Price
$475,000
Median Change From 1st List Price
2%
Median Home Sale Price YoY Change
-6%
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