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Side-by-Side Duplex with Basements
New
For Sale
$309,000

270 Parkview Avenue, Indianapolis, IN 46201

MULTI_FAMILY - Other - Indianapolis, IN

Property SizeContact for details
Lot Size0.09 Acres
Days on Market5

Property Features for 270 Parkview Avenue

General Information

Property type Residential Multi Family
Property subtype Duplex
Rooms Basement
Parking features Alley
Basement Storage Space, Unfinished
Subdivision State Plaza
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 491006159023000101
Lot size 0.09 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description State Plaza L87
Legal Description State Plaza L87

Utilities

Heating system Forced Air, Natural Gas
Cooling system Central Air

Amenities

private laundry
secure storage
off-street parking

Building Details

Year built 1915
Floors in Building 2
Number of units 2
Building materials Vinyl With Brick
Roof type Shingle
Architectural style Other
Listing Agency: Trueblood Real Estate
Listed By: Tom Weaver
Added: Aug 7 Changed: Aug 8 Last Checked: Aug 11 at 10:06PM
MLS# 22118291

Copyright © 2026 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.

Investment Insights

Based on property information with market context.

This side-by-side duplex contains two matching units, each with 3 bedrooms and 1.5 bathrooms. Both residences are vacant and move-in ready, with functional living areas and unfinished basements configured for private laundry and storage. Central air, forced-air natural gas heat, vinyl-and-brick construction, and shingle roofing serve the property, which was built in 1915.

The 0.09-acre parcel includes an off-street parking pad behind the house, with alley access. The property is adjacent to a vacant lot and fronts the New York Avenue bike lane. Downtown Indianapolis, local dining and shopping, and major interstate access are described as being minutes away.

Key Highlights

  • Two‑unit side‑by‑side duplex with 3 bedrooms and 1.5 bathrooms per unit
  • Both units are vacant and move‑in ready
  • Unfinished basements provide private laundry and storage areas

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Accounting Firm Spa & Massage Center (Bike/Boat/Book/etc) Store Nail Salon Locksmith Acupuncture

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
Yes
Paved road 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 matching residences offer private laundry and storage areas, central air, and off-street parking access.
Where is this duplex located?
The property is located at 270 Parkview Avenue Indianapolis, IN.
What is the asking price?
The asking price for this property is $309,000.
What are key features of this property?
This property features: Two‑unit side‑by‑side duplex with 3 bedrooms and 1.5 bathrooms per unit; Both units are vacant and move‑in ready; Unfinished basements provide private laundry and storage areas
More about this property
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