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Two-Unit Brick Duplex
For Sale
$449,999

226 N Randolph Street, Indianapolis, IN 46201

Residential Income, Indianapolis, IN

Property SizeContact for details
Lot Size0.13 Acres
Days on Market316

Property Features for 226 N Randolph Street

General Information

Property type Residential Multi Family
Property subtype Other
Property condition Under Construction
Subdivision Willard Place
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 491006185004000101
Lot size 0.13 Acres

Taxes and HOA fees

Tax Year 2024
Tax Description Willard Place Add L60
Legal Description Willard Place Add L60

Amenities

in-unit laundry

Building Details

Year built 2025
Floors in Building 1
Number of units 2
Listing Agency: Crossroads Realty, LLC
Listed By: Nicole Crouch · License #RB14036446
Added: Oct 28, 2025 Changed: Sep 1 Last Checked: Sep 8 at 2:06PM
MLS# 22070536

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.

Under construction for 2025 completion, this two-unit duplex is built with an all-brick exterior and contemporary interior finishes. Each residence includes two bedrooms, two bathrooms, an open-concept living area, LVP flooring, stainless steel appliances, granite countertops, and in-unit laundry. Each unit also has a dedicated garage bay.

The property occupies 0.13 acres at 226 N Randolph Street in Indianapolis, within the 46201 postal area. Its location provides access to downtown amenities, employment centers, dining, entertainment, and major highways, as identified in the property information. The design emphasizes durable materials, individual unit functionality, and a straightforward duplex configuration.

Key Highlights

  • Two‑unit duplex with 2 bedrooms and 2 bathrooms per unit
  • All‑brick construction under way for 2025
  • Dedicated garage bay for each unit

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Barber Shop Computer & Electronic Repair Locksmith Acupuncture Spa & Massage Center

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
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

736
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

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-bedroom units feature private garages and in-unit laundry.
Where is this duplex located?
The property is located at 226 N Randolph Street Indianapolis, IN.
What is the asking price?
The asking price for this property is $449,999.
What are key features of this property?
This property features: Two‑unit duplex with 2 bedrooms and 2 bathrooms per unit; All‑brick construction under way for 2025; Dedicated garage bay for each unit
More about this property
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