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Meridian Kessler Multifamily Homes & Duplexes for Sale

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  • /65

    $1,450,000

    • 5 Beds
    • 5 Baths

    3959 Central Ave, Indianapolis, IN 46205

    Extraordinary live/work opportunity in Meridian Kessler! Rarely do unique properties like this come available in this sought-after space, and this one is impressive. This three-story building with a finished lower level offers both residential and commercial uses. A special use variance allows for many commercial opportunities - a full list is included in the attachments. The main level

    Matt McLaughlin F.C. Tucker Company

    3959 Central Ave, Indianapolis, IN 46205
  • /20

    $349,000

    • 6 Beds
    • 2 Baths

    4409 N College Ave, Indianapolis, IN 46205

    Wonderful duplex in the center of South Broad Ripple! Each side features 3 bedrooms and 1.5 bathrooms, with quality finishes and fixtures throughout. Ideally located with convenient access to Broad Ripple, downtown Indianapolis, and Butler University. Enjoy the outdoor backyard space on each side of the duplex with a privacy fence. Live in one unit and let the other help cover your expenses or

    Daniel Fisher @properties

    4409 N College Ave, Indianapolis, IN 46205
  • /12

    $298,000

    • 8 Beds
    • 1 Bath

    3837 Carrollton Ave, Indianapolis, IN 46205

    Subject has hardwood floors throughout that need refurbishing, 2 fireplaces , one in each unit Seller motivate. Previous Estate property. One heir lives in 3837 side, 3839 side vacant due to plumbing issues

    Lennie Frierson Frierson's, LLC

    3837 Carrollton Ave, Indianapolis, IN 46205
  • /24

    $700,000

    • 8 Beds
    • 4 Baths

    3818 Central Ave, Indianapolis, IN 46205

    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

    3818 Central Ave, Indianapolis, IN 46205
  • /8

    $419,900

    • 6 Beds
    • 2 Baths

    4055 N College Ave, Indianapolis, IN 46205

    Don't miss your opportunity to own this duplex on College Ave! GREAT walkability and convenient to the bus line, Broadripple, downtown Indy and more! Total of 6 bedrooms, 2 full baths. 3 bedrooms and 1 full bath on each side. Nice size Kitchen, hardwood floors, and plenty of charm. Basement has separate entry for possible future rental use. Well established tenants on both sides.

    Eileen O'Brien Metzger CENTURY 21 Scheetz

    4055 N College Ave, Indianapolis, IN 46205
  • /46

    $645,000

    • 8 Beds
    • 5 Baths

    539 E 53rd St, Indianapolis, IN 46220

    Perfect location to own an investment property... in the heart of Meridian Kessler! Steps away from grocery, restaurants, and shops! Huge duplex, on large corner lot of park ave. and 53rd. Fantastic rental history. both sides leased thru May 2025. Several Updates throughout! 5 bed /2.5 baths. on one side 4 bed /2 baths on the other. Includes W/D, all appliances. Hardwood floors. Screened in

    Garrett Lickliter Lickliter Realty Services LLC

    539 E 53rd St, Indianapolis, IN 46220

Why Live in Meridian Kessler

Meridian Kessler, located in the heart of Indianapolis, is an established neighborhood known for its historic charm and walkability. The area features large American Foursquare homes, many of which have been refurbished to maintain their early 20th-century appeal. Residents enjoy a variety of dining options, including Hubbard & Cravens Coffee for morning brews, Root & Bone for unique lunch dishes like Drunken Deviled Eggs and Shrimp & Grits, and Red Key Tavern, a family-owned bar with a nostalgic jukebox and long-standing traditions. Meridian Kessler is just a few miles south of Broad Ripple Park, which offers a viewing dock on the White River, walking trails, sports fields, and a dog park. Tarkington Park provides additional recreational opportunities with its basketball and tennis courts, a unique playground, and open spaces for various sports. The Indiana State Fair Grounds, nearby, hosts the annual Indiana State Fair, featuring classic rides, musical performances, and diverse food vendors. The neighborhood is served by James Whitcomb Riley School 43 for younger students and Shortridge High, which has a high rating. With its blend of historic homes, dining, and recreational amenities, Meridian Kessler offers a vibrant urban lifestyle in Indianapolis.

Home Trends in Meridian Kessler, IN

Housing Trends

Median Sale Price
$472,450
Median Single Family Sale Price
$512,000
Median Townhouse Sale Price
$385,000
Median 2 Bedroom Sale Price
$187,000
Median 1 Bedroom Sale Price
$136,000
Average Price Per Sq Ft
$236
Number of Homes for Sale
42
Last 12 months Home Sales
224
Months of Supply
2.30
Median List Price
$482,450
Median Change From 1st List Price
1%
Median Home Sale Price YoY Change
7%
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