164 Multi Family Homes For Sale in Indianapolis, IN

Large duplex with tons of potential! Unit on main level has had some updates. Upstairs unit is in need of updates. New vinyl siding and gas furnace. Roof is 10 years old. Several new windows. This could easily be converted to a SFR if desired. There are separate electric meters. Gas and water are on one meter. Home is being sold As-Is. Storage shed and plug in fireplace feature do not convey.

DONT MISS THIS duplex located in beautiful, historic Irvington. Less than a block away from shops & eateries, this property boasts 4 bed; 1.5 bathrooms in the south unit - 1 bed; 1 bathroom in the north unit. Each unit has separate laundry. Historic highlights include the exposed staircase, French doors, original hardwoods, & a massive walk-up attic. Enjoy the spacious front porch! Only blocks from restaurants/shops, 14 minutes from downtown Indy, & 6 minutes from I-465. Property is vacant.

Multi Quad Plex, Built in 1960. Very Well Maintained. This is a turn key property. Fully occupied with long term residents. Automated garage openers for each unit. Each unit offers two bedrooms one bathroom, Dinning room, and private front and rear entrances for residents. Speedway Shopping Plex Behind the units, and major bus line routes. Awesome investment opportunity.

Great location next to shopping and schools. This all brick double has been well-maintained and is located in a nice quiet neighborhood. The roof is 15 years old. New windows were installed in 2017. 1301 had a new HVAC system installed in 2019. 1305 has a new furnace also but does not have an AC unit. This unit uses window air conditioners. This is a great investment opportunity.

From an ugly duckling to a swan would be the best way to describe this adorable Fountain Square duplex. It has a new roof, new furnace, new water heater, New interior and exterior doors, New sinks and countertops in the updated kitchens, new paint, new flooring thru-out, upgraded electrical, new pex plumbing. Each tenant pays $700 per month.

Fully occupied duplex with a 3/1 on one side and a 1/1 unit on the other. Large spacious rooms make tenants want to stay and $1275/month in income makes a landlord very happy!

Freshly painted, move in ready Duplex located between Grace Tuxedo Park and Little Flower. 1 bedroom 1 bathroom per side. Nice size front porch. Backyard has a privacy fence and deck. Both units have New meter bases, fuse boxes and 200 amp service. Newer furnace in one unit. All appliances currently in the units stay.

This home is located at 1564 E Dudley Avenue Indianapolis, IN 46227 US and has been listed on Homes.com since 19 June 2021 and is currently priced at $159,900. This property was built in 1938. 1564 E Dudley Avenue is within the school district(s) M S D Perry Township with nearby schools including Homecroft Elementary School, Southport 6th Grade Academy, and Southport High School. Similar properties nearby are <a href="/property/2360-hanover-dr-indianapolis-in-46227/id-600034657330/">2360 Hanover Dr</a>, <a href="/property/2590-villa-ave-indianapolis-in-46203/id-600034648572/">2590 Villa Ave</a>, <a href="/property/1338-norton-ave-indianapolis-in-46227/id-600034656554/">1338 Norton Ave</a>, <a href="/property/5039-ariana-ct-indianapolis-in-46227/id-600034699549/">5039 Ariana Ct</a>, <a href="/property/606-memorial-dr-beech-grove-in-46107/id-600034653279/">606 Memorial Dr</a>, <a href="/property/2032-radcliffe-ave-indianapolis-in-46227/id-600034658026/">2032 Radcliffe Ave</a>, <a href="/property/2919-babette-dr-indianapolis-in-46227/id-600034726651/">2919 Babette Dr</a>, <a href="/property/2839-s-oakland-ave-indianapolis-in-46203/id-600034649132/">2839 S Oakland Ave</a>, <a href="/property/5215-s-linwood-ave-indianapolis-in-46237/id-600034716651/">5215 S Linwood Ave</a>, and <a href="/property/1642-lawrence-ave-indianapolis-in-46227/id-600034657751/">1642 Lawrence Ave</a>.

2 Bedroom Brick Double in Lawrence Township! Easy Access To Downtown, Shopping Areas and Public Transportation. Excellent opportunity to get an investment property and have immediate income. Some repairs needed to make rentable. Great ROI for duplexes in this market!

Great investment property! This large home in Mapleton Fall Creek area is 3 bedroom/1 bath on each side. New roof, siding and wrap, gutters and more! Fresh paint, some new flooring and has had some minor rehab work on the interior. This property has been maintained well and has a long term tenant. There is additional parking at the rear of the property.

Great investment opportunity - live in one side and rent the other! Updates in one unit includes new electrical, plumbing, gas line, drywall, cabinets, and flooring. No appliances in the rehabbed side. Other side (52) is currently tenant occupied on month to month basis.

Excellent Fountain Square turn-key investment opportunity located on Pleasant Run Trail! Two updated income producing doubles with new windows have been updated and ready to lease or live in one side and rent the other! Newer flooring, finished garage space, and covered porches! 2 car garage with new siding and a roof! Great location! Conveniently located, close to parks, dining, and transportation! Potential monthly income $2,400+

Property addresses are 607 and 609 N Sherman. Great duplex for an investment property. Both properties are 1 Bed 1 bath with basements. Basements are in good condition and great for storage. Roof appears to be in good shape. Both properties have had some recent updates. 607 has more updates and new flooring but both units are in good condition. 607 has rented for $550 in the past. 609 currently has renter at $525 per month. Great cash flow. There is a two car garage with newer doors but needs some work overall.

I Bed I bath duplex. Both sides Occupied. One at $550 per month and one at $500 per month.

Investors take note! CASH FLOW! 1301 S. Reisner has new windows and roof; has also been rewired and landscaped. It sits on a corner lot. Two units there are rented and one unit awaits remodel; potential for additional unit in second story of garage. It can be purchased separately, or as past of a package with 830-832 S Sheffield (Craftsman style duplex, IHA approved and in turn-key condition; had full remodel in 2018) and 747 Olin which is a 1 unit, IHA approved home with new flooring and gas lines, and off street parking. Great tenants in all units.

GREAT INVESTMENT OPPORTUNITY

Bungalow duplex! All stowed on a larger corner lot. Both sides with private entrances. Garage parking and drives both sides. Galley kitchen on East unit with vintage details. Both sides have basement storage and laundry room (702 E kitchen, breakfast nook, living room, bedroom). (700 West unit - kitchen, open area, living room, bedroom) 2 car garage - 1 for each unit. Roof approx 2014. Basement glass block windows. Corner windows cool. Built by a family member in 1940.