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Listed by Rosie Berzenye • T&H Realty Services, Inc.
$ 294,900
Est. payment | /mo
3,049 Sqft Lot
$ 294,900
Est. payment | /mo
3,049 Sqft Lot
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Subdivision Boulevard Square
MLS Listing ID 22105658
Year Built 1910
Tax Year 2024
Lot Size 3,049 Sqft
Acres 0.07
Property Sub-Type Duplex
Property Description
Excellent duplex investment opportunity in the rapidly revitalizing Meridian Park/Boulevard Square area, surrounded by numerous renovated homes and ongoing redevelopment. Each side features 3 spacious bedrooms, 1 full bath with a tub/shower combination, durable LVP flooring throughout, and a full basement for additional storage. Both units offer a covered front porch, generous living room, separate dining area, full kitchen with ample cabinetry and counter space, and a rear deck. The functional floor plans and strong rental demand make this an attractive addition to any investment portfolio. Conveniently located with easy access to Fall Creek Parkway, providing quick commutes to Downtown Indianapolis and the Northside. Public transportation is just steps away, including IndyGo bus service and the Red Line. Unit 515 is currently vacant and requires only minor cosmetic touches to be rent-ready, presenting an immediate value-add opportunity. Unit 513 is tenant-occupied at $1,050 per month with a lease in place through March 2027, providing stable income from day one. Major updates include a new roof (April 2022), new A/C units (April 2023), and Sewer line updated & cleanout installed in April 2026. A solid income-producing property in one of Indianapolis' fastest-growing neighborhoods.
Location
State IN
County Marion
Zoning D8
Rooms
Basement Unfinished
Interior
Heating Forced Air
Cooling Central Air, Separate Meters
Fireplace N
Building
Story Two
Foundation Block, Full
Architectural Style Traditional
Structure Type Brick,Vinyl Siding
New Construction false
Schools
School District Indianapolis Public Schools
© 2026 All listing information is courtesy of MIBOR Broker Listing Cooperative(R) as distributed by MLS Grid. All rights reserved.
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