Charming duplexWelcoming covered front porchTimeless curb appealInviting front entranceComfortable living spacesPartially fenced backyard
Unlock the potential of downtown Indianapolis with this exceptional duplex investment opportunity in the historic Ransom Place neighborhood! Whether you're looking to expand your investment portfolio or explore the benefits of owner-occupancy with rental income, this versatile property offers endless possibilities. Each side of this charming duplex features 2 spacious bedrooms, 1.5 bathrooms, comfortable living spaces, and its own inviting front entrance. A welcoming covered front porch adds timeless curb appeal, while the partially fenced backyard provides additional outdoor space to enjoy. Although there is no garage, you'll appreciate the convenience of four off-street parking spaces accessible from the alley, along with additional street parking in front of the home. Location is everything, and this property delivers. Situated just minutes from downtown Indianapolis, you'll enjoy easy access to IU Indianapolis, Purdue University Indianapolis, the new downtown hospital campus, restaurants, entertainment, sports venues, and major employers. The central location makes commuting and enjoying all that downtown has to offer incredibly convenient. Looking for even greater investment potential? The seller is also offering the duplex located directly behind this property as part of a package sale. The second duplex features two 3-bedroom, 2.5-bath units, creating a rare opportunity to acquire two neighboring income-producing properties in one of downtown Indianapolis' most historic and desirable neighborhoods. Whether you're searching for a turnkey investment, a property with long-term appreciation potential, or the opportunity to live in one unit while generating rental income from the other, this is an opportunity you won't want to miss!
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Zillow last checked:
Listing updated:
Listed by:
Michelle Chandler317-413-8352,
Keller Williams Indy Metro Partners,
Bryan Williams,
Keller Williams Indy Metro Partners
Source: MIBOR as distributed by MLS GRID,MLS#: 22111013
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Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 2
Bathrooms: 1
Features
Has basement: Yes
Property
Parking
Total spaces: 2
Parking features: Alley Access, Assigned, Other
Details: Unit Parking(2 Car Space, Unpaved, Other)
Features
Levels: One and One Half
Stories: 1
Fencing: Fenced,Partial
Lot
Size: 3,920 Square Feet
Features: City Lot, Curbs, Sidewalks, Street Lights
Details
Parcel number: 491102160109000101
Special conditions: Other
Construction
Type & style
Home type: MultiFamily
Architectural style: Traditional
Property subtype: Multi Family, Duplex
Attached to another structure: Yes
Materials
Wood Siding
Roof: Shingle
Condition
New construction: No
Year built: 1910
Community & HOA
Community
Subdivision: Wm Y Wileys
Location
Region: Indianapolis
Financial & listing details
Annual tax amount: $4,794
Date on market: 7/1/2026
Cumulative days on market: 20 days
Estimated market value
Zestimate®
Not available
Estimated sales range
Not available
Rent Zestimate®
Not available
Price history
Date
Event
Price
7/1/2026
Listed for sale
$410,000
Source: MIBOR as distributed by MLS GRID #22111013Report a problem
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment$--/mo
Payment breakdown
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Source: MIBOR as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.