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Near Southeast Multifamily Homes & Duplexes for Sale

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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.

    Agent Photo

    Timothy O'Connor

    Berkshire Hathaway Home

    (463) 223-4024

    1602 E Minnesota St, Indianapolis, IN 46203
  • /17

    $154,900

    • 2 Beds
    • 2 Baths

    1707 E Tabor St, Indianapolis, IN 46203

    Turnkey Duplex Investment - Tenant Occupied & Income Producing. This solid 1925-built duplex features two 1-bedroom, 1-bath units, both currently leased and producing rental income. Located near downtown Indianapolis with easy access to major roadways and public transit, this is a smart opportunity for any investor looking to grow their portfolio. Showings require 48-hour notice. Please do not

    Christopher Stjernholm Trelora Realty

    1707 E Tabor St, Indianapolis, IN 46203
  • /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
  • /16

    $124,900

    • 2 Beds
    • 2 Baths

    1610 Hoefgen St, Indianapolis, IN 46203

    Perfect Investment Opportunity! 2-unit duplex close to downtown, shopping, and easy interstate access. Being sold as-is, features two units. Each unit has 1 bedroom, 1 bath, living room, and dining room. Both units have separate utility meters. Whether you are looking to live in one side of the duplex and rent out the other, this is the perfect property for you!

    Kelly Wood RE/MAX At The Crossing

    1610 Hoefgen St, Indianapolis, IN 46203

Why Live in Near Southeast

The Near Southeast neighborhood in Indianapolis features a mix of older homes, including early 1900s Craftsmans, post-WWII aluminum-sided cottages, bungalows, and 1960s ranch-style houses. Many of these homes have been remodeled to include contemporary design features like wood plank siding and contrasting colors. The community is home to several places of worship, including Garfield Christian Church and Guru Nanak Sikh Society, fostering a sense of cultural and spiritual gathering. Stanley Strader Park, the largest park in the area, offers amenities such as football and baseball fields, a swimming pool, and indoor facilities like a gym and fitness center. Pride Park includes a playground, basketball courts, and an indoor multipurpose room, while Sarah Shank and Pleasant Run Golf Course provides an 18-hole private course. The neighborhood is well-connected with Interstate 465 nearby and direct routes via I-65, along with multiple IndyGo bus routes. The Indianapolis International Airport is about 16 miles away. Dining options include Tammy’s Place, Don Juan V’s Peruvian Sandwiches, and The Chaparral Sports Bar and Grill. Groceries can be found at Safeway and Troy Foods, with retail shopping available at Circle Centre Mall. The area has a crime risk lower than the national average.

Home Trends in Near Southeast, IN

Housing Trends

Median Sale Price
$152,750
Median Single Family Sale Price
$157,500
Median Townhouse Sale Price
$195,000
Average Price Per Sq Ft
$146
Number of Homes for Sale
64
Last 12 months Home Sales
230
Months of Supply
3.30
Median List Price
$169,700
Median Change From 1st List Price
5%
Median Home Sale Price YoY Change
0%
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