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    1073 W 27Th St Indianapolis, IN 46208

    New
    For Sale
    $220,000

    Traditional, Duplex - Indianapolis, IN

    Type:Duplex
    Lot size:
    0.09 Acres
    Days on Market:
    3
    Last Refresh:
    Dec 11 at 5:06 pm

    Property Features for 1073 W 27Th St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Duplex
    Standard status
    Active
    Security features
    Smoke Detector(s)
    APN
    490627108122000101
    Exterior features
    Not Applicable
    Lot size
    0.09 Acres

    Utilities

    Heating system
    Natural Gas
    Cooling system
    Central Air

    Building Details

    Year built
    1900
    Number of units
    2
    Building materials
    Vinyl Siding
    Roof type
    Asphalt
    Architectural style
    New Traditional

    Advanced Realty, LLC (317) 298-0961 [email protected]

    Listing agent Jeffrey Cloyd (317) 298-0961 License #RB14046945

    Listing date Dec 9, 2025

    MLS# 22076185 Listing URL

    Copyright © 2025 MIBOR Service Corporation. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Rebuilt Duplex Near IU Med

    This duplex, originally built in the early 1900s, was completely reconstructed down to the foundation in 2019. Each side features 2 bedrooms, 1.5 baths, open-concept living spaces, and updated kitchens. The property includes separate utilities for each unit, including individual HVAC systems, electric and gas meters, and rear entries. The exterior features low-maintenance vinyl siding, a covered front porch, and off-street parking. Located in Indianapolis, Indiana, the property is situated just 5 minutes from IU Health, Methodist, Eskenazi Hospital, and the VA Medical Center, and 10 minutes from downtown Indianapolis. It is also located within 2 blocks of the new Eskenazi Neighborhood Health Center and the new U.S. Post Office, with easy access to major highways, parks, and public transit. The lot size is 0.09 acres. Each unit is currently rented month-to-month, offering immediate income potential and flexibility for investors or owner-occupants. The property is located minutes from Butler University and the IUPUI campus, in a rapidly growing redevelopment area with strong rental demand. This rebuilt property offers modern efficiency and a prime location.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Indianapolis
    County
    Hamilton
    State
    Indiana
    Longitude
    -86.180168
    Latitude
    39.805343

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    FAQs

    What type of property is this?
    Duplex - Reconstructed duplex with modern amenities, near hospitals and downtown.
    Where is this duplex located?
    The property is located at 1073 W 27Th St Indianapolis, IN.
    What is the asking price?
    The asking price for this property is $220,000.
    What are key features of this property?
    This property features: - Completely Rebuilt in 2019: Offers modern amenities and efficiency.; - Prime Location: Minutes from IU Health, Methodist, Eskenazi Hospital, VA Medical Center, downtown Indianapolis, Butler University, and IUPUI.; - Duplex with Separate Utilities: Simplifying management and tenant billing.
    (317) 298-0961
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    1073 W 27Th St Indianapolis, IN 46208
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    Indianapolis, IN 46208
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1073 W 27Th St Indianapolis, IN 46208
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