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    1339 N Gale St Indianapolis, IN 46201

    New
    For Sale
    $375,000

    Duplex - Indianapolis, IN

    Type:Duplex
    Lot size:
    0.10 Acres
    Days on Market:
    2
    Last Refresh:
    Dec 11 at 5:06 pm

    Property Features for 1339 N Gale St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Duplex
    Standard status
    Active
    Rooms
    Basement
    APN
    490732204102000101
    Basement Y/N
    1
    Lot size
    0.10 Acres

    Building Details

    Year built
    1900
    Number of units
    2
    Architectural style
    Other

    The Modglin Group (317) 900-6015 [email protected]

    Listing agent Ely Berger (317) 865-9400 License #RB25001754

    Listing date Dec 10, 2025

    MLS# 22075647 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

    Updated Duplex in Indianapolis

    This updated duplex at 1339-1341 N Gale St in Indianapolis presents a turnkey investment opportunity. The property features two levels per unit, along with an unfinished basement and a rear garage suitable for additional storage or parking. Each unit includes 4 bedrooms and 2 full baths, showcasing modern finishes throughout. These include new flooring, updated kitchens, refreshed bathrooms, and bright, open living spaces. Situated on a 0.1-acre lot, the property is located in the Near Eastside neighborhood, which is experiencing rapid growth and is close to downtown, parks, dining options, and ongoing revitalization projects. One unit is currently rented at $2,551 per month, providing immediate income. This renovated and spacious duplex is positioned for high rental demand, making it suitable for investors seeking strong cash flow or owner-occupants looking to offset living costs.
    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
    -86.10566
    Latitude
    39.785701

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    FAQs

    What type of property is this?
    Duplex - Turnkey duplex with immediate income potential in a growing neighborhood.
    Where is this duplex located?
    The property is located at 1339 N Gale St Indianapolis, IN.
    What is the asking price?
    The asking price for this property is $375,000.
    What are key features of this property?
    This property features: - Turnkey duplex providing immediate rental income of $2,551 per month from one unit.; - Fully updated units with 4 bedrooms and 2 full baths each, featuring modern finishes throughout.; - Located in a rapidly growing Near Eastside neighborhood close to downtown, parks, and dining.
    (317) 865-9400
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    Indianapolis, IN 46201
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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
    1339 N Gale St Indianapolis, IN 46201
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