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Old Southside Multifamily Homes & Duplexes for Sale

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  • /12

    $425,000

    • 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
  • /18

    $184,900

    • 1 Bed
    • 2 Baths

    2161 Ransdell St, Indianapolis, IN 46225

    Duplex for sale with great potential! While it needs some work, it offers a strong investment opportunity. One side is currently rented for $950/month, with room for higher rental income. Conveniently located near downtown and Garfield Park, this property is ideal for investors or buyers looking to add value.

    Mamadou Gueye Trueblood Real Estate

    2161 Ransdell St, Indianapolis, IN 46225

Why Live in Old Southside

Old Southside in Indianapolis is a historic neighborhood located just across Interstate 70 from Lucas Oil Stadium, home of the Indianapolis Colts. This area, known for its working-class roots, is experiencing a transformation with an influx of artists and new investors. The neighborhood features American Foursquares and bungalows over 100 years old, many of which are now being renovated. Residents enjoy proximity to downtown Indianapolis, reachable by bike, bus, or foot along Meridian Street, and easy access to Indianapolis International Airport, 12 miles away. Shopping and dining options are available in nearby Babe Denny and Bates-Hendricks, including the historic Shapiro's Delicatessen. The Marilyn Rose Center, with its art galleries and studios, is a notable landmark, and AJ’s Lounge offers live blues and jazz. For outdoor activities, Kelly Park provides a playground, picnic area, and basketball court, while the Dog Park at Immanuel caters to pet owners. Back 9 Golf and Entertainment, just across the White River, offers driving bays and a summer concert series. The neighborhood has no schools, with students attending nearby institutions with varying ratings. Sacred Heart Catholic Church and Concord Neighborhood Center are key community hubs. While parts of Old Southside are prone to flooding, particularly in industrial areas, the neighborhood remains a vibrant and evolving part of Indianapolis with a mix of historical charm and modern amenities.

Home Trends in Old Southside, IN

Housing Trends

Median Sale Price
$385,000
Median Single Family Sale Price
$385,000
Median Townhouse Sale Price
$429,990
Median 1 Bedroom Sale Price
$279,000
Average Price Per Sq Ft
$181
Number of Homes for Sale
7
Last 12 months Home Sales
69
Months of Supply
1.20
Median List Price
$397,770
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
42%
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