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Renovation-Ready Duplex
For Sale
$150,000
Pending

1326 Union Street, Indianapolis, IN 46225

Residential Income, Indianapolis, IN

Property SizeContact for details
Lot Size0.08 Acres
Days on Market54

Property Features for 1326 Union Street

General Information

Property type Residential Multi Family
Property subtype Duplex
Rooms Basement
Basement Unfinished
Subdivision No Subdivision
Elementary school district Indianapolis Public Schools
Middle school district Indianapolis Public Schools
High school district Indianapolis Public Schools
Directions GPS Friendly
Standard status Pending
APN 491113146150001101
Lot size 0.08 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description Southside Partners Replat Of L40 & Part Of L41 Inmccarty's S Add L2
Legal Description Southside Partners Replat Of L40 & Part Of L41 Inmccarty's S Add L2

Building Details

Year built 1920
Floors in Building 2
Number of units 2
Listing Agency: Keller Williams Indpls Metro N · Keller Williams Realty
Listed By: Doug Fredbeck · License #RB14042479
Added: Jul 8 Changed: Aug 28 Last Checked: Aug 30 at 6:06PM
MLS# 22112603

Copyright © 2026 Broker Listing Cooperative®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This duplex, built in 1920, contains two three-bedroom, two-bath residences. Each unit includes a kitchen, dining room, and family room, providing a consistent residential layout across the property. One residence has undergone renovation and can support occupancy, while the other has been taken down to a renovation-ready condition. The property is offered as-is.

The parcel contains 0.08 acres and is located at 1326 Union Street in Indianapolis, Indiana 46225. The configuration provides two separate residential units within one building, with the interiors presenting different stages of completion.

Key Highlights

  • Two‑unit duplex with a three‑bedroom, two‑bath layout in each residence
  • Separate kitchen, dining room, and family room in both units
  • One unit renovated and positioned for occupancy

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick HVAC Service (Bike/Boat/Book/etc) Store Locksmith Barber Shop Butcher Pet Grooming Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

602
Businesses Nearby

Demographics for 46225, IN

6,503
Population
3,056
Households
2.1
Avg Household Size
35
Median Age
29%
College-Educated
81%
High-School Grad
4.0 sq mi
ZIP Area
1,626
Density / Sq Mi
$47,917
Median Household Income
$36,132
Median Earnings
$1,104
Median Rent
$123,600
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Two residential units offer separate kitchens, dining rooms, and family rooms, with differing renovation status between the units.
Where is this duplex located?
The property is located at 1326 Union Street Indianapolis, IN.
What is the asking price?
The asking price for this property is $150,000.
What are key features of this property?
This property features: Two‑unit duplex with a three‑bedroom, two‑bath layout in each residence; Separate kitchen, dining room, and family room in both units; One unit renovated and positioned for occupancy
More about this property
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