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    2805 Boulevard Pl Indianapolis, IN 46208

    For Sale
    $199,000

    Traditional, Duplex - Indianapolis, IN

    Type:Duplex
    Lot size:
    0.09 Acres
    Days on Market:
    48
    Last Refresh:
    Dec 5 at 11:06 pm

    Property Features for 2805 Boulevard Pl

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Duplex
    Standard status
    Active
    Zoning
    D5
    Rooms
    Basement
    APN
    490626132004000101
    Basement Y/N
    1
    Lot size
    0.09 Acres

    Utilities

    Heating system
    Electric (Heating), Heat Pump (Heating), Natural Gas
    Cooling system
    Central Air

    Building Details

    Year built
    1920
    Number of units
    2
    Architectural style
    New Traditional

    Keller Williams Indianapolis Metro North (317) 846-6300 [email protected]

    Listing agent Peter Stewart (317) 846-6300 License #RB15000083

    Listing date Oct 19, 2025

    MLS# 22067089 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 Revitalizing Neighborhood

    Located in the rapidly developing Highland Vicinity neighborhood of Indianapolis, 2805 Boulevard Place is a top/bottom duplex that offers versatile rental opportunities. The property is situated minutes from downtown and benefits from the area's growth, including the upcoming $4.3 billion IU Health hospital expansion less than 1.5 miles away. It also provides convenient access to Ivy Tech, the Children's Museum, 16 Tech Campus, Marian University, and the downtown IU campus. Each unit features 2 bedrooms and 1 bath, with approximately 1,480 sq ft of living space. The upper unit is vacant, updated, and ready for immediate occupancy or rental, featuring new LVP flooring, a refreshed kitchen, a dedicated laundry area, and central heat & AC. The lower unit is tenant-occupied at $1,050 per month with a lease extending through May 30, 2026, and includes high ceilings, an open layout, an updated bath, and its own laundry facilities. Recent improvements to both units include fresh paint, newer appliances, and various maintenance updates. The property is suitable for long-term, mid-term, or short-term rentals, offering strong cash flow potential in a revitalizing neighborhood. Utilities are currently owner-paid, with tenants reimbursing $200 per month.
    Property Profile Location Intelligence

    Current Use by Public Records

    Inner Me Early ... Child Care Agency

    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
    -86.162718
    Latitude
    39.806794

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    FAQs

    What type of property is this?
    Duplex - Turnkey duplex with strong cash flow potential near downtown Indianapolis.
    Where is this duplex located?
    The property is located at 2805 Boulevard Pl Indianapolis, IN.
    What is the asking price?
    The asking price for this property is $199,000.
    What are key features of this property?
    This property features: - Strong cash flow potential as a turnkey duplex in a rapidly revitalizing Indianapolis neighborhood.; - Ideal location for various rental strategies due to proximity to major employers, universities, and downtown Indianapolis.; - Upper unit is vacant, updated with new LVP flooring and a refreshed kitchen, and move-in/rent-ready with dedicated laundry and central heat/AC.
    (317) 846-6300
    Request Owner's contact information
    2805 Boulevard Pl Indianapolis, IN 46208
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    Indianapolis, IN 46208
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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
    2805 Boulevard Pl Indianapolis, IN 46208
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