REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Listed by Garrett Lickliter • Lickliter Realty Services LLC
$ 475,000
Est. payment | /mo
0.28 Acres Lot
$ 475,000
Est. payment | /mo
0.28 Acres Lot
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Pending
Purchase Type For Sale
Subdivision Central
MLS Listing ID 22104419
Year Built 1925
Tax Year 2024
Lot Size 0.280 Acres
Acres 0.28
Property Sub-Type Duplex
Property Description
Discover a rare and versatile real estate opportunity on a prominent corner lot in the heart of Indianapolis's highly coveted Meridian-Kessler neighborhood. Built in 1925, this expansive, side-by-side duplex perfectly balances historic architectural charm with modern updates. Each side of this well-maintained duplex boasts a spacious, traditional layout featuring 3 bedrooms and 1.5 bathrooms, offering the scale and feel of two substantial single-family homes. Mechanicals: Newer, high-efficiency HVAC systems and water heaters ensuring low utility costs and minimal maintenance. Exterior: Newer, low-maintenance vinyl siding that protects the building's envelope while preserving its classic curb appeal. Interior updates: Thoughtful updates throughout that bridge the gap between 1920s character and modern convenience. Whether you are looking to expand your portfolio or utilize a "house-hacking" strategy to live with drastically reduced expenses, the current occupancy structure is perfectly set up for an easy transition: One side is fully occupied, providing immediate, dependable cash flow from day one. One side is vacant, sparkling clean, and ready for an owner-occupant to move right in or for a landlord to place a new tenant at current market rent. Premium Location Situated on a beautiful, high-visibility corner lot on Central Avenue, this property puts you minutes from the best of Midtown. Enjoy easy access to local favorites like fresh coffee, dining, top-rated schools, and the Monon Trail, all while being just a short drive from downtown Indy. Don't miss out on one of the most solid, turnkey multi-family opportunities available in Meridian-Kessler today.
Location
State IN
County Marion
Rooms
Basement Unfinished
Interior
Fireplace N
Building
Story Two
Foundation Block
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.
MORTGAGE CALCULATOR
Mortgage values are calculated by Lofty and are for illustration purposes only, accuracy is not guaranteed.
GET MORE INFORMATION
