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Marion County IN Multifamily Homes & Duplexes for Sale

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  • /16

    $214,999

    • 5 Beds
    • 3 Baths

    2633 S Randolph St, Indianapolis, IN 46203

    Here is the opportunity investors have been waiting for: a fully-leased duplex in an appreciating area of Indianapolis, offering immediate cash flow from the moment you close.This well-configured property features a desirable unit mix - a 3-bedroom, 2-bath unit paired with a comfortable 2-bedroom, 1-bath unit. This combination ensures broad tenant appeal and supports consistent, long-term

    Michael Rhoton F.C. Tucker Company

    2633 S Randolph St, Indianapolis, IN 46203
  • /32

    $270,000

    • 6 Beds
    • 2 Baths

    517 N Riley Ave, Indianapolis, IN 46201

    ATTENTION: Investors & House-Hackers! This well-maintained, remodeled duplex offers a perfect blend of charm and modern updates, making it a rare turn-key investment opportunity in the heart of Emerson Heights. Each side of this spacious property features 3 bedrooms and 1 full bath, with thoughtfully updated interiors including fully refinished hardwood floors, fresh paint throughout, and

    Morgan Thompson Berkley & State, LLC

    517 N Riley Ave, Indianapolis, IN 46201
  • /34

    $475,000

    • 6 Beds
    • 6 Baths

    3149 Ruckle St, Indianapolis, IN 46205

    Nestled in the heart of Mapleton Fall Creek, this attractive duplex presents an incredible opportunity to own a fully rehabbed, and well-maintained property with timeless appeal. Imagine preparing culinary delights in a kitchen designed for both functionality and style, where shaker cabinets offer ample storage and complement the sleek kitchen bar; the kitchen peninsula provides an ideal space

    Oumar Bah Bah Realty Trust

    3149 Ruckle St, Indianapolis, IN 46205
  • /41

    $199,000

    • 3 Beds
    • 3 Baths

    1757 Howard St, Indianapolis, IN 46221

    Remarkable investment opportunity in West Indianapolis! This cash flowing duplex has been thoroughly updated and is strongly positioned to benefit its next owner. Both sides recently rented, gross rents equal $2,000/month. 1757 is a 2 bed 1 bath lower unit that includes an extra office or flex room. 1759 is a 2 bed 2 bath lower/upper unit, and one of the bedrooms is partitioned to allow for an

    Joel Newman Blue Sky Realty Group

    1757 Howard St, Indianapolis, IN 46221
  • /3

    $225,000

    • 5 Beds
    • 1 Bath

    646 N Temple Ave, Indianapolis, IN 46201

    Great duplex for investor to purchase & update with some sweat equity. Lot's of upside for the right investor. 5 br's on each side of duplex. Currently 3 individual rooms are rented out & generating $3,500/month. Seller prefers CASH offers only and to close in 10 days from signed contract. This street has significant upside value for the right investor. Showings for these 2 properties will be

    Chas Schaffernoth F.C. Tucker Company

    646 N Temple Ave, Indianapolis, IN 46201
  • /4

    $200,000

    • 5 Beds
    • 2 Baths

    621 N Rural St, Indianapolis, IN 46201

    Great Duplex for investor to update & make significant quick equity and income. 4 units. 2 in front with 4 BR each and 2 small ones in back with 1 BR each. There was a fire in this duplex and since then it has been empty and needs work. A little sweat equity and a smart investor will enjoy excellent gains! Seller is looking for CASH sale to close in 10 days from signed purchase agreement.

    Chas Schaffernoth F.C. Tucker Company

    621 N Rural St, Indianapolis, IN 46201
  • /27

    $399,000

    • 11 Beds
    • 4 Baths

    543 N Oakland Ave, Indianapolis, IN 46201

    Investor Alert! Fully Rented 11-Bedroom Duplex - Cash Flow from Day One! This unique co-living style duplex in the heart of Center Township offers a rare opportunity to own a high-income producing property with zero vacancies. Currently generating steady monthly income, the property features 11 private bedrooms (5 on one side, 6 on the other), each rented individually. Tenants enjoy shared access

    Maria Lasher eXp Realty LLC

    543 N Oakland Ave, Indianapolis, IN 46201
  • /45

    $459,000

    • 5 Beds
    • 5 Baths

    1126 N Rural St, Indianapolis, IN 46201

    Charming Tri-Plex Multi-Unit Property - A Smart Investment Opportunity! Discover the potential of this spacious and meticulously maintained tri-plex, perfect for investors or homeowners looking to generate rental income. The front unit boasts an expansive two-level layout with 3 bedrooms and 3 bathrooms, providing significant living space. The two back units are cozy 1-bedroom apts, each

    Chas Schaffernoth F.C. Tucker Company

    1126 N Rural St, Indianapolis, IN 46201
  • /6

    $150,000

    • 2 Beds
    • 2 Baths

    47 N Catherwood Ave, Indianapolis, IN 46219

    Fully rented and cash-flowing, this turnkey duplex in the heart of Irvington brings in $1,250/month with long-term tenants in place through 11/30/2025. Both units are leased at $625/month, offering reliable income with potential for future rent growth. Located just steps from ALDI, Starbucks, Jockamo Pizza, and Lincoln Square Pancake House, the property sits in a highly walkable area with strong

    Max Moore @properties

    47 N Catherwood Ave, Indianapolis, IN 46219
  • /6

    $275,000

    • 3 Beds
    • 3 Baths

    802 Weghorst St, Indianapolis, IN 46203

    Exceptional Triplex Investment Opportunity in Fountain Square! Unlock the potential of this rare multi-family gem located in the heart of highly sought-after Fountain Square-one of Indianapolis' fastest-growing and most vibrant neighborhoods. This income-producing triplex offers a solid foundation for both seasoned investors and those looking to start or expand their portfolio. Each of the three

    Josh Monteith Monteith-Legault Real Estate C

    802 Weghorst St, Indianapolis, IN 46203
  • /8

    $250,000

    3834 N Mitthoefer Rd, Indianapolis, IN 46235

    Charming Home with Versatile Living space - Renovated & Move-In Ready! Discover this beautifully updated property with new lighting and new LVP siding with fresh paint featuring a 3-bedroom, 1-bathroom main home plus a fully renovated 2-bedroom, 1 bathroom living space (AUD)! The main home offers comfortable living with fresh finishes, spacious bedrooms, and an inviting layout perfect for

    Jevon Hill Keller Williams Indy Metro S

    3834 N Mitthoefer Rd, Indianapolis, IN 46235
  • /44

    $324,999

    • 6 Beds
    • 4 Baths

    Unlisted Address

    Don't miss this beautifully renovated duplex featuring two spacious 3 bed / 1.5 bath units, each offering modern comfort and updates throughout. Whether you're looking for a solid investment or a potential owner-occupancy opportunity, this property is ready to impress. Key Updates Include:Brand New Roof & Windows - Energy-efficient and maintenance-free, New Flooring Throughout Stylish, durable

    Jocelyn Young AMR Real Estate LLC

    Unlisted Address
  • /44

    $175,000

    • 2 Beds
    • 2 Baths

    410 N Berwick Ave, Indianapolis, IN 46222

    Attention Investors - Turnkey Duplex Near Downtown Indianapolis! Don't miss this excellent opportunity to own a renovated duplex just 5 minutes west of the IU Indianapolis Campus and downtown! Each unit features 1 spacious bedroom, 1 full bathroom, and a partial basement, offering great rental potential. Renovated in 2020, this property is rent-ready and will be vacant at closing, making it

    Scott McCain CENTURY 21 Scheetz

    410 N Berwick Ave, Indianapolis, IN 46222
  • /47

    $550,000

    • 5 Beds

    4652 N Kenwood Ave, Indianapolis, IN 46208

    This 3,100+ SF Butler-Tarkington duplex has been beautifully renovated and updated with all the modern conveniences while maintaining its historic charm. Both sides are currently rented to great tenants with timely payment histories with an annual gross rental income of $45,600. There are separate HVAC, electric, and water meters for each unit, plus each unit has its own dedicated, enclosed

    Elizabeth Ewbank Highgarden Real Estate

    4652 N Kenwood Ave, Indianapolis, IN 46208
  • /26

    $190,000

    • 4 Beds
    • 2 Baths

    2249 E Brookside Ave, Indianapolis, IN 46218

    Nestled at 2249 E Brookside AVE, INDIANAPOLIS, IN, this duplex offers an inviting home, ready for you to move in and begin creating lasting memories. Imagine beginning your day in a kitchen adorned with crown molding, a subtle yet elegant detail that elevates the entire space. Envision yourself unwinding in a bathroom featuring a tiled shower, creating a spa-like experience right in the comfort

    Michael Evans F.C. Tucker Company

    2249 E Brookside Ave, Indianapolis, IN 46218
  • /26

    $165,000

    • 5 Beds
    • 4 Baths

    103 N Chester Ave, Indianapolis, IN 46201

    Nestled at 103 N Chester AVE, INDIANAPOLIS, IN, this duplex presents an inviting home, ready for you to move in and begin creating lasting memories. Imagine preparing your favorite meals in a kitchen where shaker cabinets exude a sense of timeless elegance, further enhanced by the refined touch of crown molding, creating a space that is both functional and beautiful. The property offers a

    Michael Evans F.C. Tucker Company

    103 N Chester Ave, Indianapolis, IN 46201
  • /39

    $315,000

    • 4 Beds
    • 2 Baths

    3030 N College Ave, Indianapolis, IN 46205

    Nestled at 3030-32 N College AVE, Indianapolis, IN, this duplex offers an attractive property in great condition. Top to bottom has fully been renovated and ready for its next tenant. The living room serves as a central gathering space, accentuated by the inviting presence of a fireplace and the refined touch of crown molding. Picture evenings spent in comfortable conversation, the warmth of the

    Jennifer Wilmoth Wilmoth Group

    3030 N College Ave, Indianapolis, IN 46205
  • /31

    $170,000

    • 4 Beds
    • 2 Baths

    2441 Wade St, Indianapolis, IN 46203

    This cash-flowing duplex is a fantastic opportunity for investors or house hackers alike! Conveniently located just minutes from Downtown Indianapolis, Fountain Square, Beech Grove, and the Southside, this property offers easy access to some of the city's best dining, entertainment, and amenities. Both units have been updated throughout and are truly move-in ready, offering modern finishes with

    Craig DeBoor Real Broker, LLC

    2441 Wade St, Indianapolis, IN 46203
  • /10

    $170,000

    • 2 Beds
    • 2 Baths

    1851 E Minnesota St, Indianapolis, IN 46203

    This charming duplex offers a wonderful opportunity for both investors and homeowners. Each unit features 1 bedroom and 1 full bathroom, perfect for simple, low-maintenance living. Sitting proudly on a desirable corner lot, this property offers great visibility and accessibility. One unit is currently rented, providing immediate income, while the other side is vacant and move-in ready-ideal for

    Craig DeBoor Real Broker, LLC

    1851 E Minnesota St, Indianapolis, IN 46203
  • /33

    $170,000

    • 5 Beds
    • 2 Baths

    3433 #A and #B Graceland Ave, Indianapolis, IN 46208

    This well-maintained, income-producing CASH COW duplex offers the perfect blend of investment potential and move-in-ready comfort. One unit features 2 spacious bedrooms and 1 bath, while the other offers 3 bedrooms and 1 bath, both showcasing clean, modern updates throughout. With a strong rental history, this property is ideal for investors looking for steady cash flow or owner-occupants

    Craig DeBoor Real Broker, LLC

    3433 #A and #B Graceland Ave, Indianapolis, IN 46208
  • /48

    $295,000

    • 3 Beds
    • 3 Baths

    939 Church St, Indianapolis, IN 46225

    This fully tenanted 3-unit property is ideally located just south of Lucas Oil Stadium and the Convention Center. Currently being utilized as a long term rental with all 3 tenants leased through 3/31/2026. Recently renovated from top to bottom over the past two years, it's perfectly designed to offer visitors a comfortable and stylish downtown Indianapolis retreat. Opportunities like this are

    Richard Vinson Trueblood Real Estate

    939 Church St, Indianapolis, IN 46225
  • /7

    $750,000

    • 6 Beds

    517 Prospect St, Indianapolis, IN 46203

    Proposed New Construction Duplex in the Heart of Downtown Indianapolis! Discover a rare opportunity to own a brand-new, high-performing duplex just steps from everything downtown Indy has to offer. Built by Paradigm Construction-one of the Midwest's premier builders known for quality craftsmanship and forward-thinking design-this project offers the perfect blend of investment potential and modern

    Tyler Willis @properties

    517 Prospect St, Indianapolis, IN 46203
  • /43

    $249,900

    • 1 Bed
    • 1 Bath

    635 S Norfolk St, Indianapolis, IN 46241

    Investors here is your next one. Completely updated: roof, HVAC, Hot water heater, siding, some windows, kitchen, bath , flooring Oversized 2 car garage, two mini storage sheds, partially fenced, asphalt parking in front units Separate meters gas and electric . City water and sewer This is a must see. Bring your tenants!

    Anna Camden Tomorrow Realty, Inc.

    635 S Norfolk St, Indianapolis, IN 46241
  • /34

    $395,000

    • 4 Beds
    • 2 Baths

    2222 E 12th St, Indianapolis, IN 46201

    ATTENTION INVESTORS & HOUSEHACKERS: Searching for that near 1% rule with a low maintenance turn-key property? Look no further! This duplex is investor-ready with current mid-term tenants already placed. The booming Windsor Park area is close to Mayfair Taproom, Rabble Coffee, Amelia's Bakery, Kan Kan Cinema, & more! The property features new 2023 HVAC, water heater, plumbing, electrical, and LVP

    Morgan Thompson Berkley & State, LLC

    2222 E 12th St, Indianapolis, IN 46201
  • /90

    $600,000

    • 6 Beds
    • 5 Baths

    6430 E Southport Rd, Indianapolis, IN 46237

    Brand New Air Conditioner and Furnace Installed July 2025 - Multi-Generational Living on Nearly 4 Acres in Southport! Welcome to your dream home in Franklin Township-where country charm meets city convenience! This rare multi-generational property is nestled on a serene, wooded lot just 20 minutes from downtown Indianapolis and 5 minutes from shopping and dining. With two completely separate

    Megan Riggen Mark Dietel Realty, LLC

    6430 E Southport Rd, Indianapolis, IN 46237
  • /12

    $145,000

    • 2 Beds
    • 2 Baths

    1206 N Gladstone Ave, Indianapolis, IN 46201

    The duplex of dreams! This duplex offers two units, each of which offers 1 bedroom and 1 bathroom per side. With plenty of updates to both the interior and exterior, you can add this property to your portfolio right away and get the cash flowing. The 1206 unit is currently vacant, updated, and ready for someone to move right in. Whether you are looking to rent out both units or move into one,

    Maxwell Richter Wilmoth Group

    1206 N Gladstone Ave, Indianapolis, IN 46201
  • /49

    $649,999

    • 7 Beds
    • 7 Baths

    4155 Graceland Ave, Indianapolis, IN 46208

    This unique quadruplex in Butler Tarkington offers character, functionality, and investment opportunity all in one. The main house is full of timeless charm, featuring two stunning wood staircases, original built in shelving, and spacious living areas. With 4 large bedrooms and 4 full bathrooms, there's plenty of room to spread out. The updated kitchen shines with brand new cabinets and

    Alexandria Heygood Highgarden Real Estate

    4155 Graceland Ave, Indianapolis, IN 46208
  • /16

    $425,000

    • 3 Beds
    • 2 Baths

    420 S Hamilton Ave, Indianapolis, IN 46201

    INVESTOR ALERT!! Presenting New Construction Multi-Family located in one of Indianapolis' rapidly appreciating neighborhoods, 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 with open-concept floor plans, luxury vinyl plank flooring,

    Jade McGillem Richfield Realty Group

    420 S Hamilton Ave, Indianapolis, IN 46201
  • /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
  • /40

    $495,000

    • 6 Beds
    • 4 Baths

    1602 E Vermont St, Indianapolis, IN 46201

    Excellent investment opportunity! This well-maintained four-unit property features a solid brick exterior and long-term tenant history, with potential to support higher rental rates. Unit 1 is a spacious 2-bedroom, 1-bath unit with 1,225 sq ft, central air, and a private washer/dryer. Unit 2 offers 1 bedroom, 1 bath, and 884 sq ft. Unit 3 includes 2 bedrooms, 1 bath, and 827 sq ft. Unit 4 is an

    Michael Miller F.C. Tucker Company

    1602 E Vermont St, Indianapolis, IN 46201
  • /26

    $580,000

    • 4 Beds
    • 4 Baths

    934 Calvary St, Indianapolis, IN 46203

    Welcome to 932-934 Calvary St, a fully updated duplex offering flexibility, convenience, and strong income potential. Each side of this property has been thoughtfully improved with new kitchens, including cabinetry, countertops, and stainless steel appliances, plus updated bathrooms, lighting, paint, and flooring throughout. The layouts provide practical living spaces that suit a variety of

    Blake Settles Ever Real Estate, LLC

    934 Calvary St, Indianapolis, IN 46203
  • /25

    $160,000

    • 4 Beds
    • 2 Baths

    2138 Admiral Dr, Indianapolis, IN 46219

    Looking for another investment property? This duplex has a 3 BR 1 BA unit and 1 BR 1 BA unit. The 3 BR unit has a tenant in place for immediate income. The 1BR unit is vacant and ready for you to live in or rent out.

    Michelle McKnight Carpenter, REALTORS®

    2138 Admiral Dr, Indianapolis, IN 46219
  • /4

    $149,000

    • 2 Beds
    • 1 Bath

    367 S Butler Ave, Indianapolis, IN 46219

    Duplex in Irvington area. Fully occupied and cash-flowing on newer lease. Both sides feature kitchens with appliances included and laundry hook ups. Nice front porch to enjoy the community. Tenant takes care of lawn. There is 1 water/sewer line at the property and the cost is included in the rent - it is on a budget bill of $155 per month.

    James Smock F.C. Tucker Company

    367 S Butler Ave, Indianapolis, IN 46219
  • /9

    $144,000

    • 4 Beds
    • 2 Baths

    1150 Eugene St, Indianapolis, IN 46208

    Located at 1150 Eugene ST, Indianapolis, IN, this duplex in Marion County presents a compelling proposition for those with an eye for opportunity, as it is a great option for investors and handy homeowners alike. Resting on a 3746 square feet lot area, this 1.5 story duplex, constructed in 1920, offers a canvas upon which to create lasting value. This is a great investment property, offering

    Michael Evans F.C. Tucker Company

    1150 Eugene St, Indianapolis, IN 46208
  • /17

    $239,900

    • 6 Beds
    • 4 Baths

    2918 Ruckle St, Indianapolis, IN 46205

    Investment opportunity! Both sides are currently vacant. Each unit has 3 bedrooms, 1.5 baths. Located minutes from Downtown & Broad Ripple.

    Kelly Wood RE/MAX At The Crossing

    2918 Ruckle St, Indianapolis, IN 46205
  • /25

    $375,000

    • 6 Beds
    • 4 Baths

    5002 E Washington St, Indianapolis, IN 46201

    Fantastic Investment Opportunity! Situated near the heart of Irvington, this charming quadplex boasts a prime location on the future blue line bus route, ensuring effortless connectivity to the pulse of the city. Live in Unit 1 and rent out Units 1-3 or rent out all 4 Units. Updates in 2018, including roof, energy-efficient vinyl windows, wood & LVP flooring, and a privacy fence in the back of

    Daniel Fisher @properties

    5002 E Washington St, Indianapolis, IN 46201
  • /58

    $295,000

    • 5 Beds
    • 5 Baths

    4830 E Washington St, Indianapolis, IN 46201

    This recently updated quadplex in Indianapolis presents a prime investment opportunity with strong rental potential. Each of the four units has been modernized with contemporary finishes, updated kitchens and bathrooms, making the property move-in ready and low-maintenance. Located in a rapidly developing area with easy access to downtown, major employers, and local amenities, this property is

    Richard Vinson Trueblood Real Estate

    4830 E Washington St, Indianapolis, IN 46201
  • /28

    $180,000

    • 2 Beds
    • 1 Bath

    3701 E Vermont St, Indianapolis, IN 46201

    Don't miss this opportunity to own a quadplex in Indianapolis. This distressed property is priced to sell and ready for rehab-perfect for investors looking to add value and build equity. Each unit offers solid potential for future rental income. All 4 units are the same size and layout.

    Doug Fredbeck Keller Williams Indpls Metro N

    3701 E Vermont St, Indianapolis, IN 46201
  • /2

    $190,000

    • 6 Beds
    • 1 Bath

    221 S State Ave, Indianapolis, IN 46201

    Location location location 3 minutes from downtown Indy and 5 minutes from Fountain Square. Duplex is on main road within walking distance to bus line. Most homes in area are being remodeled and this property is in need of updates. Sold as-is for the savvy investor. Both sides occupied.

    Martha Hernandez eXp Realty, LLC

    221 S State Ave, Indianapolis, IN 46201
  • /10

    $179,000

    • 1 Bed
    • 1 Bath

    1703 E 34th St, Indianapolis, IN 46218

    This income producing property houses four tenants in separate studios. Each unit has private entrance, bath, kitchen and living space. Currently FULLY LEASED with some guaranteed payments via VA or Section 8. Rent varies with each unit but average $844 per month. Landlord pays all utilities at an average of Appox. $500 per month. Buyer can view one of the 4 units and the others will be available

    Brett Young eXp Realty, LLC

    1703 E 34th St, Indianapolis, IN 46218

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