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Renovated Two-Unit Duplex
New
For Sale
$364,999

1339 N Gale Street, Indianapolis, IN 46201

Residential Income, Indianapolis, IN

Property SizeContact for details
Days on Market4

Property Features for 1339 N Gale Street

General Information

Property type Residential Multi Family
Property subtype Duplex
Bedrooms 4
Bathrooms 2
Full bathrooms 2
Rooms Bedroom 1, Bathroom 2, Bedroom 3, Basement, Bedroom 4, Bedroom 2, Bathroom 1
Subdivision Trotters Trs Brookside Park
Elementary school district Indianapolis Public Schools
Middle school district Indianapolis Public Schools
High school district Indianapolis Public Schools
Directions GPS Friendly
Standard status Active
APN 490732204102000101

Taxes and HOA fees

Tax Year 2025
Tax Description 1339 N Gale St Condominiums Unit A
Tax Annual Amount 2062
Legal Description 1339 N Gale St Condominiums Unit A

Building Details

Year built 1920
Floors in Building 2
Number of units 2
Listing Agency: The Modglin Group
Listed By: Ely Berger · License #RB25001754
Added: Oct 2 Changed: Oct 4 Last Checked: Oct 5 at 6:06PM
MLS# 22129663

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.

The duplex contains two residences, each with four bedrooms and two full bathrooms. Renovation work includes updated kitchens and baths, new flooring, and contemporary interior finishes. Built in 1920, the property combines a duplex layout with refreshed interior components.

Downtown Indianapolis, parks, and dining options are among the nearby destinations. The surrounding neighborhood is also experiencing ongoing development.

Key Highlights

  • Two residences, each with 4 bedrooms and 2 full bathrooms
  • Renovated kitchens and bathrooms, new flooring, and modern interior finishes
  • One side is currently rented

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Electrical Service Spa & Massage Center Skin Care Clinic Bakery

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

524
Businesses Nearby

Demographics for 46201, IN

31,408
Population
17,145
Households
1.8
Avg Household Size
34
Median Age
26%
College-Educated
78%
High-School Grad
5.6 sq mi
ZIP Area
5,609
Density / Sq Mi
$43,183
Median Household Income
$36,951
Median Earnings
$929
Median Rent
$150,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Midwest region

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

What type of property is this?
Duplex - One residence is leased, while the other can serve as a rental or owner-occupied unit.
Where is this duplex located?
The property is located at 1339 N Gale Street Indianapolis, IN.
What is the asking price?
The asking price for this property is $364,999.
What are key features of this property?
This property features: Two residences, each with 4 bedrooms and 2 full bathrooms; Renovated kitchens and bathrooms, new flooring, and modern interior finishes; One side is currently rented
More about this property
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