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    1141 Dawson St Indianapolis, IN 46203

    For Sale
    $139,900

    Traditional, Duplex - Indianapolis, IN

    Type:Duplex
    Lot size:
    0.11 Acres
    Days on Market:
    54
    Last Refresh:
    Dec 6 at 3:06 pm

    Property Features for 1141 Dawson St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Duplex
    Standard status
    Active
    Security features
    Smoke Detector(s)
    Rooms
    Basement
    APN
    491018154017000101
    Exterior features
    Fencing, Barn Mini
    Fencing
    Fenced
    Basement Y/N
    1
    Lot size
    0.11 Acres

    Utilities

    Heating system
    Forced Air, Natural Gas
    Cooling system
    Multi Units, Window Unit(s)

    Building Details

    Year built
    1920
    Number of units
    2
    Roof type
    Asphalt
    Architectural style
    New Traditional
    Additional Structures
    Barn(s)

    Doc Real Estate, Inc (317) 908-0531 [email protected]

    Listing agent Kip Kistler (317) 888-7333 License #RB14019098

    Listing date Oct 14, 2025

    MLS# 22033485 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

    Indianapolis Duplex in Disrepair

    This property is a duplex located in Indianapolis, Indiana. The 0.11-acre lot contains a duplex that could be converted into a single-family home. The property is currently rented and in disrepair, requiring updates. The surrounding neighborhood is undergoing renovation and is located near Fountain Square. The property presents an opportunity for renovation and increased income potential, as the current rent prices do not reflect neighborhood rates.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Indianapolis
    County
    Hamilton
    State
    Indiana
    Longitude
    -86.129218
    Latitude
    39.75121

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    FAQs

    What type of property is this?
    Duplex - Duplex needing updates, potential for conversion to single-family home.
    Where is this duplex located?
    The property is located at 1141 Dawson St Indianapolis, IN.
    What is the asking price?
    The asking price for this property is $139,900.
    What are key features of this property?
    This property features: - Duplex with potential to convert to a single-family home.; - Located near Fountain Square, an area undergoing renovation.; - Significant upside potential due to below-market rent prices.
    (317) 888-7333
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    1141 Dawson St Indianapolis, IN 46203
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    Indianapolis, IN 46203
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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
    1141 Dawson St Indianapolis, IN 46203
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