Side-by-Side Duplex Investment
3102 Central Avenue Indianapolis, IN 46205
3102 Central Avenue, Indianapolis, IN, 46205
$249,000
Pending
For Sale
$249,000
Pending
MULTI_FAMILY - Other - Indianapolis, IN
Lot Size0.08 Acres
Days on Market14
Property Features for 3102 Central Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Rooms
- Basement
- Basement
- Unfinished
- Standard status
- Pending
- APN
- 490624116041000101
- Lot size
- 0.08 Acres
Taxes and HOA fees
- Tax Year
- 2024
- Tax Description
- Osgoods 1st Central Ave Add 90' E End L16
Utilities
- Heating system
- Forced Air
- Cooling system
- Window Unit(s)
Building Details
- Year built
- 1910
- Floors in Building
- 3
- Number of units
- 2
- Building materials
- Vinyl With Brick
- Roof type
- Asphalt
- Architectural style
- Other
Listing agency
Keller Williams Indpls Metro N
(317) 846-6300
Listed by
Peter Stewart · License #RB15000083
(317) 846-6300
Added: Jul 9 Updated: Jul 16 at 8:54AM Checked: Jul 22 at 10:06AM
MLS# 22112664
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 1910 side-by-side duplex contains two mirrored units, each offering three bedrooms and 1.5 bathrooms across multiple levels. The main floors feature an open-concept layout with high ceilings and decorative fireplaces. Additional in-unit features include upper-level laundry, full unfinished basements, and third-floor bonus or flex rooms. Each unit includes a rare attached garage, and the property was cosmetically updated in 2022 with updates to kitchens, baths, and flooring. Roof, furnaces, and water heaters are older but reportedly functioning properly, with the 3104 water heater approximately five years old. The duplex is sold as-is.
Located in Indianapolis, the property sits in a D-8 zone between Downtown and Broad Ripple. The surrounding area provides convenient access to IU Health, 16 Tech, the Monon Trail, State Fairgrounds, Newfields, Butler & Marian College, and the Children’s Museum.
For buyers seeking an income-producing multifamily with in-place tenancy, the duplex is fully occupied and professionally managed by Polaris. Tenants pay utilities, and leases are in place running into the mid-to-late 2027 timeframe. Practical improvement potential noted by the seller includes adding central AC using existing ductwork. Buyers should review all lease terms and operating details as part of their due diligence.
Located in Indianapolis, the property sits in a D-8 zone between Downtown and Broad Ripple. The surrounding area provides convenient access to IU Health, 16 Tech, the Monon Trail, State Fairgrounds, Newfields, Butler & Marian College, and the Children’s Museum.
For buyers seeking an income-producing multifamily with in-place tenancy, the duplex is fully occupied and professionally managed by Polaris. Tenants pay utilities, and leases are in place running into the mid-to-late 2027 timeframe. Practical improvement potential noted by the seller includes adding central AC using existing ductwork. Buyers should review all lease terms and operating details as part of their due diligence.
Key Highlights
- 1910 side‑by‑side duplex with vinyl with brick exterior and asphalt shingle roof
- Each mirrored unit offers 3BR/1.5BA with approximately 1,700 sq ft across multiple levels
- Fully occupied duplex with tenant‑paid utilities; leases run into mid‑to‑late 2027
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
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FAQs
What type of property is this?
Duplex - Turnkey side-by-side duplex with updated interiors and leases extending into 2027.
Where is this duplex located?
The property is located at 3102 Central Avenue Indianapolis, IN.
What is the asking price?
The asking price for this property is $249,000.
What are key features of this property?
This property features: 1910 side‑by‑side duplex with vinyl with brick exterior and asphalt shingle roof; Each mirrored unit offers 3BR/1.5BA with approximately 1,700 sq ft across multiple levels; Fully occupied duplex with tenant‑paid utilities; leases run into mid‑to‑late 2027
