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Historic Duplex with Fireplace

3251 Broadway Street Indianapolis, IN 46205

3251 Broadway Street, Indianapolis, IN, 46205
$285,000
For Sale
$285,000

MULTI_FAMILY - Other - Indianapolis, IN

Lot Size0.14 Acres
Days on Market52

Property Features for 3251 Broadway Street

General Information

Property type
Residential Multi Family
Property subtype
Other
Rooms
Basement
Parking features
Alley
Fencing
Fenced
Standard status
Active
APN
490624142042000101
Lot size
0.14 Acres

Taxes and HOA fees

Tax Year
2024
Tax Description
Osgoods Forest Park Add L153

Building Details

Year built
1914
Floors in Building
2
Number of units
2
Building materials
Brick
Roof type
Shingle
Architectural style
Other
Listing Agency Trueblood Real Estate
North Street Suite 350 8700, Fishers, IN
Listed by Mamadou Gueye · License #RB17001215
Added: May 27 Checked: Jul 17 at 2:06 pm
MLS# 22104454 Listing URL

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 historic duplex includes unit features such as 9-foot ceilings, original hardwood floors, and a true wood-burning fireplace. The seller has completed substantial updates over time, including flooring and various interior improvements. Unit 3251 mainly requires minor cosmetic work such as paint, finishing items, and a thorough deep cleaning.

The basement is described as solid for the property’s age, with straight foundation walls and dry storage space and no major visible signs of water intrusion. Mechanical systems include a 2008 furnace serving 3251 that has been well maintained.

The property is currently occupied by long-term tenants with intentionally below-market rents, with one tenant occupying for years. It is being offered for sale as a residential income property for investors or owner-occupants looking to build equity through additional value-add improvements.

Key Highlights

  • Brick duplex built in 1914 with shingle roof and fenced property with alley parking
  • 9‑foot ceilings with original hardwood floors and a true wood‑burning fireplace
  • Basement with straight foundation walls and dry storage space with no major visible water intrusion

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Building Supply HVAC Service Pharmacy Big Box & Wholesale Store Garden Center Accounting Firm Kitchen & Bath Showroom Plumbing Service (Bike/Boat/Book/etc) Store Locksmith

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Duplex - Duplex includes 9-foot ceilings, original hardwood floors, and a wood-burning fireplace, with a solid basement and updated mechanicals.
Where is this duplex located?
The property is located at 3251 Broadway Street Indianapolis, IN.
What is the asking price?
The asking price for this property is $285,000.
What are key features of this property?
This property features: Brick duplex built in 1914 with shingle roof and fenced property with alley parking; 9‑foot ceilings with original hardwood floors and a true wood‑burning fireplace; Basement with straight foundation walls and dry storage space with no major visible water intrusion
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