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Renovated Duplex
New
For Sale
$350,000

2518 Columbia Avenue, Indianapolis, IN 46205

Residential Income, Indianapolis, IN

Property SizeContact for details
Lot Size0.13 Acres
Days on Market4

Property Features for 2518 Columbia Avenue

General Information

Property type Residential Multi Family
Property subtype Duplex
Bedrooms 4
Bathrooms 2
Full bathrooms 2
Rooms Bedroom 3, Bedroom 4, Bathroom 2, Bedroom 2, Bedroom 1, Bathroom 1
Subdivision Schofield Harrison
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 490730123172000101
Lot size 0.13 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description 2518 Columbia Ave Condominiums Unit A
Tax Annual Amount 3950
Legal Description 2518 Columbia Ave 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 5 Last Checked: Oct 5 at 6:06PM
MLS# 22129693

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 Indianapolis duplex, built in 1920, contains two residences with four bedrooms and two full bathrooms apiece. Renovations include updated kitchens and bathrooms, newer finishes, and refreshed flooring. The property occupies a 0.13-acre lot.

The address is 2518 Columbia Avenue in Indianapolis. The Monon Trail, downtown, shopping, dining, and neighborhood amenities are listed as accessible from the property.

Key Highlights

  • Two residences, each with 4 bedrooms and 2 full bathrooms
  • Updated kitchens and bathrooms, refreshed flooring, and modern finishes
  • Built in 1920 on a 0.13‑acre lot

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Dental Office Building Supply Real Estate Agency Law Firm Big Box & Wholesale Store Pharmacy

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

387
Businesses Nearby

Demographics for 46205, IN

27,531
Population
14,756
Households
1.9
Avg Household Size
34
Median Age
51%
College-Educated
93%
High-School Grad
6.2 sq mi
ZIP Area
4,440
Density / Sq Mi
$65,756
Median Household Income
$48,138
Median Earnings
$1,087
Median Rent
$278,000
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
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Two residences each provide four bedrooms and two full bathrooms, with refreshed kitchens, baths, finishes, and flooring.
Where is this duplex located?
The property is located at 2518 Columbia Avenue Indianapolis, IN.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: Two residences, each with 4 bedrooms and 2 full bathrooms; Updated kitchens and bathrooms, refreshed flooring, and modern finishes; Built in 1920 on a 0.13‑acre lot
More about this property
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