Oaklandon, IN Multifamily Homes & Duplexes for Sale

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  /38

  $306,000

  • 4 Beds
  • 3 Baths

  1312 N Dearborn St, Indianapolis, IN 46201

  Investor Alert - 1312 & 1314 N Dearborn St, Indianapolis Here's the deal you've been waiting for: a fully renovated duplex (2025) with both sides vacant and ready to cash flow from day one. Unit 1312: 2 bed / 1 bath | Avg rent projection: $1,115/mo Unit 1314: 2 bed / 1.5 bath | Avg rent projection: $1,606/mo That's $2,721/month ($32,652 annually) in projected gross rents, and that's

  

  Dana Rivers

  Resolute Realty

  (317) 597-4786

  1312 N Dearborn St, Indianapolis, IN 46201
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  /13

  $179,900

  • 4 Beds
  • 2 Baths

  60 S Mount St, Indianapolis, IN 46222

  Looking for an income generating duplex minutes from downtown? This duplex has two townhome style units each with a spacious open floor plan on the first level and washer/dryer hookups. The 2nd floor has 2 bedrooms and 1 bath with a small bonus room which could be used for an office, storage, etc. One unit has new interior paint, LVP flooring, new carpet, and a new bathroom vanity.The rent ready

  

  Lisa Meulbroek

  Liberty Real Estate, LLC.

  (317) 676-5062

  60 S Mount St, Indianapolis, IN 46222
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  /21

  $300,000

  • 4 Beds
  • 4 Baths

  933 N Ewing St, Indianapolis, IN 46201

  Fantastic opportunity for investors to own a revenue-generating four-plex just minutes from downtown Indianapolis. Each unit offers 1 bedroom and 1 bathroom, with three of the four units currently leased through 2026, providing built-in stability and dependable income. The fourth unit is vacant and ready for occupancy, offering immediate upside potential for increased cash flow. Recent updates

  

  Luci Chalian

  CENTURY 21 Scheetz

  (617) 719-3990

  933 N Ewing St, Indianapolis, IN 46201
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  /54

  $377,500

  • 6 Beds
  • 4 Baths

  3626 Birchwood Ave, Indianapolis, IN 46205

  This exceptional duplex offers luxury living in a prime location just half a mile from the Indiana State Fairgrounds and a short walk to the scenic Monon and Fall Creek Trails. With 3 bedrooms and 2 FULL bathrooms per side, This property is thoughtfully redesigned for modern appeal. Fully renovated kitchens featuring granite countertops, center island, stainless steel appliances, and new

  

  RJ Russell

  Highgarden Real Estate

  (317) 834-7759

  3626 Birchwood Ave, Indianapolis, IN 46205
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  /9

  $245,000

  • 6 Beds
  • 2 Baths

  914 N Tuxedo St, Indianapolis, IN 46201

  This updated duplex meets the 1% rule with great tenants paying $1250 each side for an annual gross income of $30,000. This property features a newer privacy fence around the entire perimeter of the property, front and back! BOTH units have updated kitchens and bathrooms, fresh paint through-out, LVP flooring, PLUS new electrical panels for each side, new furnaces, new vanities, new sink

  

  Elizabeth Ewbank

  Highgarden Real Estate

  (317) 680-7951

  914 N Tuxedo St, Indianapolis, IN 46201
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  /47

  $515,000

  • 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, and there is plenty of parking in the detached

  

  Elizabeth Ewbank

  Highgarden Real Estate

  (317) 699-4933

  4652 N Kenwood Ave, Indianapolis, IN 46208
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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) 754-0717

  4114 E Washington St, Indianapolis, IN 46201
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  /32

  $145,000

  • 6 Beds
  • 2 Baths

  513 N Colorado Ave, Indianapolis, IN 46201

  Spacious duplex with 3 bedrooms and 1 bath on each side. Ideal for investors or owner-occupants, this property is ready for updates and improvements to unlock its full potential. Live in one unit and rent out the other, or lease both for consistent income. Strong rental demand in the area makes this a great option for those seeking cash flow with value-add upside. This property is in an auction,

  

  James Abner

  eXp Realty, LLC

  (317) 978-5700

  513 N Colorado Ave, Indianapolis, IN 46201
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  /22

  $275,000

  • 3 Beds
  • 2 Baths

  717 N Grant Ave, Indianapolis, IN 46201

  Welcome to 717-719 N Grant Ave, an exceptional duplex in the improving near east side neighborhood of Tuxedo Park. Complete exterior updates 7 years ago with a new roof, gutters, siding and windows. On the inside, all was touched 5 years ago. Plumbing, wiring, insulation, drywall, kitchens and bathrooms, etc. This is a great opportunity for a savvy investor or the owner occupant house-hacker that

  

  Justin Capps

  Ferris Property Group

  (317) 943-8705

  717 N Grant Ave, Indianapolis, IN 46201
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  /13

  $191,900

  • 7 Beds
  • 4 Baths

  1218 Union St, Indianapolis, IN 46225

  Discover an incredible investment or house hacking opportunity in the heart of Indy's Old Southside, just steps from everything downtown has to offer. This 7-bedroom, 4-bath single-family home is ideally situated less than a mile from Lucas Oil Stadium, a half mile from Eli Lilly's corporate offices, one mile from the Indiana Convention Center, and just minutes from major employers and

  

  Leyton Wellbaum

  Highgarden Real Estate

  (317) 342-1201

  1218 Union St, Indianapolis, IN 46225
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  /30

  $169,500

  • 3 Beds
  • 2 Baths

  415 Harlan St, Indianapolis, IN 46201

  Fountain Square - Christian Park move-in ready duplex. Can also function as a single-family home with separate in-law quarters. Both units are vacant & ready for new tenants. 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,

  Catherine Keen United Real Estate Indpls

  415 Harlan St, Indianapolis, IN 46201
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  /46

  $205,000

  • 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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  /32

  $219,900

  • 4 Beds
  • 2 Baths

  1416 Comer Ave, Indianapolis, IN 46203

  Welcome to this well-maintained 2 bedroom 1 bath income-producing duplex located just minutes from Downtown Indianapolis that offers comfort, convenience, and great investment potential! Located in the rapidly developing Garfield Park area near the park, running trails, Garfield Brewery, Parkside Public House, and more! One side is currently leased and rented for $1030 /month. Market rents are

  Tyler Lingle @properties

  1416 Comer Ave, Indianapolis, IN 46203
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  /6

  $160,000

  • 2 Beds
  • 2 Baths

  934 N Leland Ave, Indianapolis, IN 46219

  Move-in ready duplex just minutes from Downtown Indianapolis and the heart of Irvington! One side is vacant with a projected market rent of $775-$800/month, while the other is leased at $725/month through May 31, 2026, providing immediate, stable income. Each unit includes an electric range, refrigerator, gas furnace, electric water heater, and central air, all professionally managed for ease of

  Max Moore @properties

  934 N Leland Ave, Indianapolis, IN 46219
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  /24

  $349,000

  • 3 Beds

  3110 Guilford Ave, Indianapolis, IN 46205

  Exceptional Duplex Opportunity in Mapleton-Fall Creek! Discover this fully renovated duplex just one block over from the Monon Trail and near the exciting Monon 30 development. Completely rebuilt from the studs up in 2022, this property offers modern comfort and peace of mind with new electrical wiring, windows, hardboard siding, insulation, plumbing (interior supply and drain lines),

  Kenneth Hall eXp Realty, LLC

  3110 Guilford Ave, Indianapolis, IN 46205
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  /10

  $400,000

  • 1 Bed
  • 1 Bath

  703 N Denny St, Indianapolis, IN 46201

  Great investment property generating significant monthly rent. The property is totally renovated & updated with tenants in all 4 units. New furnace, new roof, new windows and new water heater. Come check it out before it's gone!

  Chas Schaffernoth F.C. Tucker Company

  703 N Denny St, Indianapolis, IN 46201
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  /17

  $199,000

  • 2 Beds
  • 1 Bath

  401 S Randolph St, Indianapolis, IN 46201

  Investor or House Hack Opportunity Near Fountain Square! Discover this duplex featuring two 2-bed, 1-bath units, just minutes from popular Fountain Square restaurants, coffee shops, and nightlife. Each side was recently rented for $1,100/month, offering strong cash flow potential and flexibility. Live in one side and rent out the other! Recent updates include laminate flooring throughout, a

  Kenneth Hall eXp Realty, LLC

  401 S Randolph St, Indianapolis, IN 46201
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  /27

  $290,000

  • 4 Beds
  • 4 Baths

  2209 E New York St, Indianapolis, IN 46201

  Welcome to 2209 E New York Turn-key cash flow in the heart of Indy! This income-producing 4-unit property offers opportunity to bringing in approx. $3,300/month when fully occupied, exceeding the coveted 1% rule and offering instant return from day one. All tenants are month-to-month, giving a buyer immediate flexibility whether to continue cash-flowing or reposition rents for even greater

  Justin Wade BLK Key Realty

  2209 E New York St, Indianapolis, IN 46201
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  /17

  $224,900

  • 4 Beds
  • 2 Baths

  1701 Southern Ave, Beech Grove, IN 46107

  This duplex offers a fantastic opportunity for both investors and homeowners alike. Featuring two generous units, each with its own entrance, it holds great potential for generating extra income or enhancing your real estate portfolio. Whether you're an aspiring landlord or seeking a shared living space with rental benefits, this duplex awaits your creative vision. Nestled in the heart of Beech

  John Ratcliff F.C. Tucker Company

  1701 Southern Ave, Beech Grove, IN 46107
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  /56

  $239,000

  • 4 Beds
  • 2 Baths

  1020 N Rural St, Indianapolis, IN 46201

  Turnkey duplex close to downtown that's ready for you to call this home, add to your investment portfolio, or live on one side and rent out the other! Updated on both sides including newer roof, exterior metal siding, paint, flooring, some windows, kitchen and bathroom fixtures and appliances allow for immediate occupancy. Rents for a duplex like this are easily up to $1000/mo for each side,

  Lawton Link Real Broker, LLC

  1020 N Rural St, Indianapolis, IN 46201
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  /34

  $445,000

  • 6 Beds
  • 4 Baths

  1209 Polk St, Indianapolis, IN 46202

  They always say it is about location, and this multi-family unit has that and more! Lovely double with 3 bedrooms and 2 full baths per unit, situated just minutes from everything that downtown Indianapolis has to offer. Located in historic Cottage Home neighborhood, this duplex includes natural hardwood floors, updates to kitchens and bathrooms, separate washer/dryers, and a two car garage

  Tim Altom United Real Estate Indpls

  1209 Polk St, Indianapolis, IN 46202
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  /19

  $199,000

  • 4 Beds
  • 2 Baths

  2805 Boulevard Place, Indianapolis, IN 46208

  Welcome to 2805 Boulevard Place - a versatile top/bottom duplex in the rapidly developing Highland Vicinity neighborhood, just minutes from downtown Indianapolis. This area is seeing major growth with the new $4.3 billion IU Health hospital expansion less than 1.5 miles away, plus quick access to Ivy Tech, the Children's Museum, 16 Tech Campus, Marian University, and the downtown IU campus. The

  Peter Stewart Keller Williams Indpls Metro N

  2805 Boulevard Place, Indianapolis, IN 46208
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  /15

  $254,900

  • 6 Beds
  • 3 Baths

  3942 Cornelius Ave, Indianapolis, IN 46208

  This classic 1920s duplex in vibrant Butler-Tarkington is a prime investment opportunity, offering one freshly leased unit and one vacant unit, along with over 2,300 sqft, six total bedrooms, hardwood floors, and unfinished basements for storage or expansion. This property boasts a solid brick/vinyl exterior, a two car garage, and a spacious lot in a desirable subdivision, just minutes from

  Trent Kiester @properties

  3942 Cornelius Ave, Indianapolis, IN 46208
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  /10

  $155,000

  • 3 Beds
  • 1 Bath

  1846 W Lambert St, Indianapolis, IN 46221

  Congratulations, you just found the best deal in town: side-by-side duplex with separate electric in amazing area. Needs work. Market rent est. ~$2,600/mo., $1,300/side. Amazing investment potential. Sold As-is, looking for fastest close and least hassle. Closing to take place at Hocker title.

  Joshua Vida Paradigm Realty Solutions

  1846 W Lambert St, Indianapolis, IN 46221
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  /54

  $675,000

  • 5 Beds
  • 4 Baths

  880 Fletcher Ave, Indianapolis, IN 46203

  FLETCHER PLACE VICTORIAN DUPLEX :: OPEN HOUSE SAT 12-2 & SUN 2 - 4 PM ! This iconic property sits on nearly a quarter-acre corner lot in the heart of the city, blending modern updates with timeless Victorian charm. Step into the first-floor unit and be welcomed by original hardwood floors, classic glazed tile fireplaces, and 10-foot ceilings that exude historic character. This unit offers 2

  Kristin Glassburn @properties

  880 Fletcher Ave, Indianapolis, IN 46203
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  /62

  $390,000

  • 7 Beds
  • 4 Baths

  463 N Lasalle St, Indianapolis, IN 46201

  Looking for an investment property without the handy work? Check out this completely converted and remodeled 4-unit immediate income producing property! Each unit features updates, laundry hookup, spacious living rooms and kitchens. 3 units include 2BR/1BA, 1 unit has 1BR/1BA with a large living space. Currently fully leased until next summer. Tenant rights apply until end of lease terms. Gross

  Lindsay Wolfe Trueblood Real Estate

  463 N Lasalle St, Indianapolis, IN 46201
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  /41

  $599,000

  • 4 Beds
  • 3 Baths

  1213 Newman St, Indianapolis, IN 46201

  FULLY RENOVATED QUAD PLEX in a prime location - this property is as turnkey as they come. Each upper unit offers 3 bedrooms and 2 full baths, while the lower levels feature 1 bed and 1 bath each, giving this building the perfect balance between size and versatility. Everything has been updated from top to bottom - new HVACs, new water heaters, modern finishes, and thoughtfully designed layouts

  Jacob Deacon eXp Realty, LLC

  1213 Newman St, Indianapolis, IN 46201
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  /16

  $150,000

  • 2 Beds
  • 4 Baths

  1336 N Gale St, Indianapolis, IN 46201

  Charming duplex located in the Near Eastside / Brookside Park area of Indianapolis. Each side features 11/2 bathrooms and comfortable living space with classic early-century character. This duplex offers flexibility for both investors and owner-occupants-live in one side and rent the other, or add it to your rental portfolio. Conveniently located near Brookside Park, downtown Indianapolis, and

  Reuben Upadhyay Better Homes and Gardens Real Estate Gold Key

  1336 N Gale St, Indianapolis, IN 46201
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  /26

  $149,900

  • 1 Bed
  • 1 Bath

  50 S Colorado Ave, Indianapolis, IN 46201

  Move in ready Duplex with 1 bedroom, a bonus room and 1 bathroom on each side. One unit is currently tenant occupied. Both units are move-in ready and perfect for short-term or long-term rental options. Parking available in rear of home. Great investment opportunity with versatile rental potential. Furniture is negotiable. Property sold as-is. Schedule a showing today!

  Karen Kelly Compass Indiana, LLC

  50 S Colorado Ave, Indianapolis, IN 46201
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  /27

  $75,000

  • 1 Bed
  • 1 Bath

  37 S Rural St, Indianapolis, IN 46201

  Investor special in Near Eastside! This 1915 duplex offers two 1BR/1BA units across ~1,107 sq. ft. on a 6,011 sq. ft. city lot-ready for a full cosmetic overhaul and your value-add plan. Classic bungalow/shotgun layout, vinyl exterior, fenced front yard, sidewalks, and mature trees. Fix it up and lease both sides for cash flow, or live in one unit and rent the other. Sold as-is and priced for the

  Isaiah Ullery Steve Lew Real Estate Group, LLC

  37 S Rural St, Indianapolis, IN 46201
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  /36

  $200,000

  • 6 Beds
  • 2 Baths

  102 N Denny St, Indianapolis, IN 46201

  Near East side duplex in Tuxedo Park, with 3 bedrooms, 1 bathroom, full basement and covered front porch on each side. Unit 102 is vacant and has fresh paint throughout, original hardwood floors, and pantry space in the kitchen. Unit 104 also has hardwood floors with newer vinyl plank flooring in the kitchen. Both units have laundry hookups in the basement. Great investment property with room to

  Chris Price Keller Williams Indy Metro S

  102 N Denny St, Indianapolis, IN 46201
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  /24

  $485,000

  • 5 Beds
  • 5 Baths

  5334 E Washington St, Indianapolis, IN 46219

  Rare 5-unit multi-family investment opportunity in the desirable Irvington area! Ideally located on Washington Street, this property has a strong history of 100% occupancy and offers excellent upside potential. Each unit features 1 bed and 1 bath, with all units remodeled and updated. All leases are month-to-month, allowing for immediate rent increases to meet market rates. Tenants pay

  Patricia McCormick Trueblood Real Estate

  5334 E Washington St, Indianapolis, IN 46219
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  /39

  $290,000

  • 3 Beds
  • 1 Bath

  516 E 33rd St, Indianapolis, IN 46205

  ***NEW PRICE***This is a MUST SEE Duplex! Each unit offers 3 bedrooms and 1 bathroom with separate entrances and utilities. One side has been renovated while the other side requires cleanout and updates. The property has a solid structure, a spacious basement with plenty of opportunity, and an unfinished third-story attic with potential for additional living space or income opportunities.

  Brooke Arnold BluPrint Real Estate Group

  516 E 33rd St, Indianapolis, IN 46205
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  /56

  $613,000

  • 5 Beds
  • 4 Baths

  1242 S Talbott St, Indianapolis, IN 46225

  Rare investment opportunity awaits in Downtown Indy's historic Old Southside. Fully remodeled down to the studs in 2019 and showcased on HGTV's Good Bones (Season 4, Episodes 11/12), this duplex has two units (3/2 on one side, 2/2 on the other) and is turnkey ready for short-term rental. Previous cleaning and management staff are available to include in this investor's special. Just steps from

  Audrey Wakefield Right Home Realty LLC

  1242 S Talbott St, Indianapolis, IN 46225
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  /30

  $450,000

  • 4 Beds
  • 2 Baths

  2421 N Capitol Ave, Indianapolis, IN 46208

  Welcome to 2421 N Capitol Avenue, a beautifully renovated duplex in the heart of Indianapolis offering the perfect blend of modern comfort and timeless charm. Built in 1914 and completely reimagined for today's lifestyle, this turnkey property features two spacious 4-bedroom, 2-bathroom units, each thoughtfully designed with style, function, and convenience in mind. Step inside to discover

  Charlene Gaard No Limit Real Estate, LLC

  2421 N Capitol Ave, Indianapolis, IN 46208
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  /2

  $265,000

  • 4 Beds
  • 2 Baths

  4309 Crittenden Ave, Indianapolis, IN 46205

  Nestled in the heart of Indianapolis, this is a great opportunity for investment! This property offers an updated and modern feel with granite counter tops, stainless steel appliances, and hardwood floors. 1624 square feet of living area (2bed/1bath)per side, and rent at 1295 per side, this duplex offers great return on your investment. This one-story duplex provides a comfortable layout for

  Scott Veerkamp My Agent

  4309 Crittenden Ave, Indianapolis, IN 46205
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  /27

  $585,000

  • 3 Beds
  • 3 Baths

  1537 Barth Ave, Indianapolis, IN 46203

  Welcome to this beautifully renovated duplex in one of Indianapolis' most sought-after neighborhoods - Bates-Hendricks. Each unit offers 3 spacious bedrooms and 2.5 stylish bathrooms, combining historic character with modern design. The property has been meticulously updated throughout, featuring sleek kitchens with new appliances, custom finishes, and bright, inviting living areas filled with

  Jacob Duke Duke Collective, Inc.

  1537 Barth Ave, Indianapolis, IN 46203
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  /39

  $340,000

  • 6 Beds
  • 4 Baths

  3121 N Lesley Ave, Indianapolis, IN 46218

  This stunning property is more than just a home - it's an income-generating opportunity! Featuring 4 private entrances, 2 full kitchens, and 2 spacious living rooms, this versatile 6-bedroom, 4-bath residence can easily function as a triplex or multi-unit rental while still offering the comfort of a large single-family home. Enjoy brand-new upgrades, including New dual HVAC systems, New

  Robert Davenport Plum Tree Realty

  3121 N Lesley Ave, Indianapolis, IN 46218
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  /34

  $260,000

  1738 W Morris St, Indianapolis, IN 46221

  Updated duplex has lots of possibilities for your buyer; live in one side and rent the other, rent both sides or make good money using for short term rental. Units are mirror image of each other with a few differences: 1738 has enclosed front and back porches; 1740 has storage under the stairs and 1738 has a niche in that area; kitchens are configured differently. There is an option to open doors

  Gail Watts eXp Realty LLC

  1738 W Morris St, Indianapolis, IN 46221
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  /43

  $309,999

  • 4 Beds
  • 2 Baths

  1407 S Alabama St, Indianapolis, IN 46225

  Income-Producing Duplex in the heart of Bates Hendricks - Fully Remodeled & Move-In Ready! Discover this charming duplex in the highly desirable Bates Hendricks neighborhood, where modern updates meet timeless character. Each identical unit offers 2 bedrooms, 1 full bathroom, and its own garage space, providing comfort and convenience for both residents and tenants alike. Step inside and

  Todd Burton Berkshire Hathaway Home

  1407 S Alabama St, Indianapolis, IN 46225

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