Indianapolis, IN Multifamily Homes & Duplexes for Sale

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  /43

  $330,000

  • 6 Beds

  321 E 31st St, Indianapolis, IN 46205

  Located in the Mapleton Neighborhood! Welcome to your dream duplex! This beautifully maintained turnkey Duplex property is the perfect property for an investment. From the moment you walk in, you'll be impressed by the thoughtful design, fresh finishes, and immaculate condition-there's nothing to do but move in and start living!

  

  Timothy O'Connor

  Berkshire Hathaway Home

  (317) 648-0374

  321 E 31st St, Indianapolis, IN 46205
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  Explore Indianapolis

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  /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

  

  James Abner

  eXp Realty, LLC

  (317) 743-3621

  3214 & 3216 N Capitol Ave, Indianapolis, IN 46208
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  /15

  $119,900

  • 4 Beds
  • 2 Baths

  1724 N Somerset Ave, Indianapolis, IN 46222

  Solid Block double. 2-bedrooms per side. Located East of Indianapolis Motor Speedway. Great potential with a little work. Property is currently vacant. Rent has been between $850-$1,200 per month according to past listings.

  

  Timothy O'Connor

  Berkshire Hathaway Home

  (463) 223-9740

  1724 N Somerset Ave, Indianapolis, IN 46222
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  /29

  $950,000

  • 6 Beds
  • 5 Baths

  6795 W 21st St, Indianapolis, IN 46214

  Rare multi-use property on 4.3 acres with several income producing structures already in place*. Property is ideal for Home Business, Multi-Generational Living or Investment. WELCOME to your dream compound near "Speedway" yet with all the peace and freedom of country living. Property includes ranch home + in-law quarters, pool, pole barn, and several income-producing opportunities. The spacious

  

  Janet Giles

  Your Realty Link, LLC

  (765) 268-5769

  6795 W 21st St, Indianapolis, IN 46214
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  /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.

  

  Timothy O'Connor

  Berkshire Hathaway Home

  (463) 223-4024

  1602 E Minnesota St, Indianapolis, IN 46203
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  /10

  $239,000

  • 5 Beds
  • 4 Baths

  4114 E Washington St, Indianapolis, IN 46201

  ***Through no fault of the Seller, this home is back on the market*** This property is calling for the savvy investor. Rent all 3 units for a generous passive stream of income or live on one side and rent the other 2 units. This multi-unit has a ton of potential. One 1/2 of the home is a 3 bedrooms and 2 bathrooms. Other side is 2 units; both are 1 bedroom, 1 bathroom. Home has off street parking

  

  Lindsay Adams

  Pillario Property Management LLC

  (317) 458-9196

  4114 E Washington St, Indianapolis, IN 46201
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  /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

  

  Dana Rivers

  Resolute Realty

  (317) 961-2988

  944 N Hamilton Ave, Indianapolis, IN 46201
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  /17

  $133,500

  • 2 Beds
  • 2 Baths

  2318 E 36th St, Indianapolis, IN 46218

  Great Income Property! This duplex offers an exciting opportunity to embrace in Indy's up and coming area! With 1152 spacious square feet in each unit, this 1940s duplex offers a flexible layout to suit your lifestyle/tenants needs. Updates to included new exterior and interior doors, some windows, new carpet, flooring and bathroom remodel. The porch offers a transition from the outside world to

  

  Aubrey Walters

  eXp Realty, LLC

  (317) 932-8608

  2318 E 36th St, Indianapolis, IN 46218
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  /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
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  /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
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  /37

  $215,000

  • 4 Beds
  • 2 Baths

  3234 Winthrop Ave, Indianapolis, IN 46205

  Investor alert! Priced to sell F-A-S-T! Nestled in the heart of Indianapolis, Indiana, at 3234 Winthrop AVE, this duplex presents a unique opportunity to own a charming residence with enduring appeal. Built in 1955, this property holds the promise of comfortable living. Occupying a generous 6708 square feet lot, the property offers ample outdoor space to enjoy. The 1996 total square feet living

  Pamela Brown PMI Indianapolis

  3234 Winthrop Ave, Indianapolis, IN 46205
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  /5

  $360,000

  • 5 Beds
  • 4 Baths

  1133 Tecumseh St, Indianapolis, IN 46201

  Are you looking for a sound & stable Quadruplex property as an investment property situated on a 40x153 lot on the near East side of Indianapolis and close to Brookside Park in the Windsor Park neighborhood? Or would like to transform this property into a Single Family home? Then you'll definitely want to check this one out. Very well maintained multi-unit property, 5 parking spots in rear, 4

  Lisa Fischer Fischer Realty, LLC

  1133 Tecumseh St, Indianapolis, IN 46201
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  /56

  $625,000 Open Sun 1PM - 3PM

  • 5 Beds
  • 1 Bath

  1067 Hosbrook St, Indianapolis, IN 46203

  Looking to expand your investment portfolio? This one of a kind property could be just what you are looking for! The personal residence of Karen - the beloved star of HGTV's Good Bones and Two Chicks and a Hammer - is now available for the first time in years. Nestled in the North Square neighborhood of Fountain Square, this incredible property blends urban farming, creative living, and historic

  Rob Measel F.C. Tucker Company

  1067 Hosbrook St, Indianapolis, IN 46203
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  /45

  $324,900

  • 4 Beds
  • 2 Baths

  5550 Guilford Ave, Indianapolis, IN 46220

  Great opportunity in Meridian Kessler! Convert to single family home (see plans) or renovate as duplex. Hard to find all brick exterior, hardwood floors throughout, tons of historic charm and all on a corner lot. Each side has 2 bedrooms and 1 full bathroom with a basement. Agent owned.

  Brett Mesalam Brett Mesalam

  5550 Guilford Ave, Indianapolis, IN 46220
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  /18

  $1,995

  • 3 Beds
  • 2 Baths

  2801 N Talbott St, Indianapolis, IN 46205

  Located at 2801 N Talbott ST, Indianapolis, IN, this delightful duplex presents a unique opportunity to experience contemporary living in a vibrant city setting. Constructed in 2025, this property offers the appeal of a brand-new home. With 1250 square feet of living space, this duplex provides a comfortable environment for creating lasting memories. The generous 5200 square foot lot offers

  Ed Neu Neu Real Estate Group

  2801 N Talbott St, Indianapolis, IN 46205
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  /16

  $499,900

  • 8 Beds
  • 4 Baths

  6016 Dickson Rd, Indianapolis, IN 46226

  Welcome to a prime investment opportunity in one of Indianapolis' most desirable locations! 6016 Dixon Road offers four mirrored two-bedroom, one-bath units, each thoughtfully designed with an open-concept layout and a modern kitchen island as the centerpiece. Every unit is fully turnkey and rent-ready, with consistent rental income of $1,100 per month. To make showings seamless, the owner has

  Jacob Deacon eXp Realty, LLC

  6016 Dickson Rd, Indianapolis, IN 46226
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  /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
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  /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
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  /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
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  /53

  $295,000

  • 4 Beds
  • 4 Baths

  1024 S Tremont St, Indianapolis, IN 46221

  Welcome to this stunning, fully renovated property offering an ideal blend of style, space, and flexibility. Unit A, 3 spacious bedrooms and 3 full bathrooms, each thoughtfully updated with modern finishes and fixtures. Enjoy an open-concept living and dining area, a designer kitchen with premium appliances, and luxurious bathrooms that create a spa-like experience at home. In addition to unit

  Chiquita Watkins Ever Real Estate, LLC

  1024 S Tremont St, Indianapolis, IN 46221
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  /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
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  /24

  $264,900

  • 4 Beds
  • 2 Baths

  4860 E 14th St, Indianapolis, IN 46201

  Charming Duplex in Emerson Highlands - Ideal for Investors or House Hackers! Welcome to this well-maintained duplex in the desirable Emerson Highlands neighborhood of Center Township. Each unit offers 2 spacious bedrooms and a full bathroom upstairs, with a thoughtful layout designed for comfortable living. Each unit features: Private entries, Separate utilities/meters, Cozy front porches,

  Rosie Berzenye T&H Realty Services, Inc.

  4860 E 14th St, Indianapolis, IN 46201
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  /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
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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
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  /8

  $194,000

  • 6 Beds
  • 2 Baths

  312 N Linwood Ave, Indianapolis, IN 46201

  Large 3 bed, 1 bath per unit duplex on Indy's East Side. Plenty of upside with renovations happening all around. Perfect for an investor or house hacker searching for a value-add opportunity. All utilities are separately metered and the responsibility of the tenant. Unit 314 is currently occupied. Tenants rights apply. Please do not disturb tenants. Sold as-is. Book your showing today!

  RJ LaChance Tyler Knows Real Estate LLC

  312 N Linwood Ave, Indianapolis, IN 46201
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  /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
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  /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
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  /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
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  /28

  $274,900

  • 4 Beds
  • 2 Baths

  211 S Emerson Ave, Indianapolis, IN 46219

  This beautifully maintained duplex offers a perfect blend of comfort and convenience. Each side features two spacious bedrooms and one full bathroom, making it ideal for investors or family living. The inviting living areas provide plenty of room for relaxation and entertaining, complemented by updated kitchens equipped with modern appliances and stylish backsplash accents. Recent updates include

  Jacob Purichia Real Broker, LLC

  211 S Emerson Ave, Indianapolis, IN 46219
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  /8

  $275,000

  • 6 Beds
  • 3 Baths

  5201 E 10th St, Indianapolis, IN 46219

  All-brick triplex on the corner of 10th & Leland, fully occupied and ready for its next owner. Each unit includes a garage and dedicated yard space, offering strong tenant appeal. Current leases: 929 N Leland at $840/month through 9/30/25, 931 N Leland at $765/month month-to-month, and 5201 E 10th St at $930/month month-to-month. A solid investment opportunity in a desirable eastside location

  Max Moore @properties

  5201 E 10th St, Indianapolis, IN 46219
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  /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
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  /3

  $185,000

  • 2 Beds
  • 2 Baths

  79 N Layman Ave, Indianapolis, IN 46219

  Fully occupied duplex in Indianapolis with stable rental income in place. Unit 77 is leased at $885/month through August 2025, while Unit 79 is leased at $945/month through April 2026. Tenants are long-term and reliable, providing consistent cash flow for the next investor. Located near Irvington's shops, dining, and quick highway access, this property is a strong turnkey addition to any

  Max Moore @properties

  79 N Layman Ave, Indianapolis, IN 46219
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  /5

  $150,000

  • 2 Beds
  • 2 Baths

  51 N Catherwood Ave, Indianapolis, IN 46219

  Fully rented and cash-flowing, this turnkey Irvington duplex generates $1,180/month with reliable tenants. 49 - Month to Month - $580.00 & 51 - Month to Month - $600.00. Just steps from ALDI, Starbucks, Jockamo Pizza, and Lincoln Square Pancake House, it sits in a highly walkable location with strong rental demand. Proximity to Irvington Community Schools and public transit adds to its appeal. A

  Max Moore @properties

  51 N Catherwood Ave, Indianapolis, IN 46219
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  /4

  $170,000

  • 2 Beds
  • 2 Baths

  68 Jenny Ln, Indianapolis, IN 46201

  Fully occupied 1 bed, 1 bath duplex in Indianapolis, perfect for your next investment. The 64 side is leased through July 2026 at $845/month, while the 68 side is secured through February 2026 at $905/month. Tenants cover all utilities except water, keeping owner expenses low. Strong rental history and long-term leases make this a reliable cash-flowing property.

  Max Moore @properties

  68 Jenny Ln, Indianapolis, IN 46201
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  /9

  $84,900

  • 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
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  /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
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  /12

  $185,000

  • 4 Beds
  • 2 Baths

  6259 E 11th St, Indianapolis, IN 46219

  Discover the inviting, single story, duplex at 6259 E 11th ST, INDIANAPOLIS, IN, an ideal property for living or utilized as an investment property. This home offers a comfortable atmosphere and the opportunity for immediate enjoyment on one side. Resting on a 5080 square feet lot area, this property, constructed in 1998, offers a solid foundation for creating cherished memories. Unit A

  Jordan Stamper Platinum Real Estate Group LLC

  6259 E 11th St, Indianapolis, IN 46219
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  /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
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  /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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  /20

  $185,999

  • 4 Beds
  • 2 Baths

  344 N Eaton Ave, Indianapolis, IN 46219

  Don't miss this versatile income-producing property featuring a duplex with the potential to convert into a triplex. The front unit has been tastefully updated and offers 2 bedrooms and 1 full bath. The second unit, located on the opposite side of the property, also features 2 bedrooms and 1 full bath - perfect for rental income or multi-generational living. Enjoy peace of mind with a newer

  Danielle Shouse Shouse Realty Group LLC

  344 N Eaton Ave, Indianapolis, IN 46219

Showing Results 1 - 40, Page 1 of 5

Why Live in Indianapolis

Indianapolis combines premier cultural attractions with affordable living costs. The Indianapolis Cultural Trail connects visitors to destinations like the Children's Museum of Indianapolis, the largest children's museum globally, and the prestigious Indianapolis Motor Speedway Museum. Nature lovers frequent Eagle Creek Park, one of America's largest municipal parks, along with the scenic Canal Walk for paddling and cycling. The dining scene features iconic establishments like St. Elmo Steak House, known for its fiery shrimp cocktail, and creative farm-to-table spots like Bluebeard.

The housing market presents diverse options across price points. The median sale price for homes in Indianapolis is $250,000. Single family homes in desirable areas like Meridian Kessler command a median price of $480,000, while more affordable options exist in Irvington with a median of $243,500. Broad Ripple, known for its arts scene, has a median single family home price of $350,000. Condominiums provide another option, with one bedroom units at a median of $207,000 and two bedrooms at $205,000.

Indianapolis maintains a cost of living 10.9% below the national average. A family with school age children needs approximately $95,000 annually to live comfortably, while renters require about $52,000. Property taxes stand at 0.93% in Marion County, lower than many major cities. The state income tax rate is 3.00% with an additional 2.02% local income tax for Marion County residents.

The education system includes excellent options like Park Tudor School and Cathedral High School, both rated A+ by Niche. Major universities include Butler University and Indiana University Purdue University Indianapolis. The city's grid layout and Interstate 465 beltway facilitate easy navigation, while the IndyGo bus system and Red Line provide public transit options.

Learn more about living in Indianapolis

Home Trends in Indianapolis, IN

On average, homes in Indianapolis, IN sell after 43 days on the market compared to the national average of 52 days. The median sale price for homes in Indianapolis, IN over the last 12 months is $253,000, up 3% from the median home sale price over the previous 12 months.

Housing Trends

Median Sale Price

$253,000

Median Single Family Sale Price

$264,900

Median Townhouse Sale Price

$267,990

Median 2 Bedroom Sale Price

$200,000

Median 1 Bedroom Sale Price

$200,000

Average Price Per Sq Ft

$160

Number of Homes for Sale

2,829

Last 12 months Home Sales

12,283

Months of Supply

2.80

Median List Price

$269,000

Median Change From 1st List Price

2%

Median Home Sale Price YoY Change

3%