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Renovated Duplex with Two Rented Units

3633 Salem Street, Indianapolis, IN 46208

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For Sale

$199,000

MULTI_FAMILY - Bungalow - Indianapolis, IN

Lot size:

0.10 Acres

HighLights

Renovated duplex with both sides currently rented
Year built 1925 bungalow style
New AC and water heater installed
New paint and flooring throughout both units
New kitchen cabinets on 3631
Exterior includes aluminum siding and brick; parking via alley

We can help!

Listing Contact

Jodi Gandy

For Sale

$199,000

MULTI_FAMILY - Bungalow - Indianapolis, IN

Lot size:

0.10 Acres

Added:: Jun 1, 2026
Days on Market:: 14
Last Refresh:: Jun 14 at 3:06 am

Property Features for 3633 Salem Street

General Information

Property type: Residential Multi Family
Property subtype: Other
Rooms: Basement
Parking features: Alley
Basement: Unfinished
Standard status: Active
APN: 490624112052000101
Lot size: 0.10 Acres

Taxes and HOA fees

Tax Year: 2024
Tax Description: Lazarus & Colemans Harvard Pl 10 Ft N S Ex20 Ft E E L41 30 Ft S Side Ex 20 Ft E El42

Building Details

Year built: 1925
Floors in Building: 1
Number of units: 2
Building materials: Aluminum Siding, Brick
Architectural style: Bungalow

We can help!

Listing Contact

Jodi Gandy

Listing agent Jodi Gandy License #RB14044599

Listing office Honor Realty LLC Cotton Creek Ct 6542, Indianapolis, IN

Listing date Jun 1, 2026

MLS# 22105289 Listing URL

HighLights

Renovated duplex with both sides currently rented
Year built 1925 bungalow style
New AC and water heater installed
New paint and flooring throughout both units
New kitchen cabinets on 3631
Exterior includes aluminum siding and brick; parking via alley

Overview

This renovated duplex includes two residential units. Public remarks indicate both sides have new paint and new flooring throughout. The property also features new AC and new water heaters, reflecting updates to key mechanical components. In addition, new kitchen cabinets were installed on the 3631 unit, adding refreshed finishes in at least one of the kitchens.

The duplex is located at 3633 Salem Street in Indianapolis, IN 46208, within Marion County. As presented, the property is positioned for buyers looking to add a small multifamily asset in the Indianapolis area.

For investors or owner-occupants seeking a duplex with immediate tenancy in place, both sides are currently rented. That existing occupancy can be attractive for buyers who want to avoid vacancy risk at purchase and who value a turn-key approach supported by the described interior and systems updates.

Property Profile Location Intelligence

Current Use by Public Records

Ghetto Crocker Catering Service

Suggested Use

Location Insight

Map
Local Demand

City: Indianapolis
County: Hamilton
State: Indiana
Longitude: -86.157807
Latitude: 39.822083

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For sale
Duplexes
IN
Indianapolis
46208
3633 Salem Street

What type of property is this?

Duplex - Renovated duplex with both sides currently rented, offering updated interiors and major systems improvements.

Where is this duplex located?

The property is located at 3633 Salem Street 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: Renovated duplex with both sides currently rented; Year built 1925 bungalow style; New AC and water heater installed

3633 Salem Street, Indianapolis, IN 46208

MULTI_FAMILY - Bungalow - Indianapolis, IN

Property Features for 3633 Salem Street

General Information

Taxes and HOA fees

Building Details

We can help!

HighLights

Overview

Current Use by Public Records

Suggested Use

Location Insight

Nearby Similar for Sale

Restaurant/QSR With Drive-Thru Potential

Value-Add Commercial Opportunity in Indianapolis

Hard-Corner Retail/Office Building

Freestanding Office Building on Shadeland

Freestanding Office Building on Shadeland

Flexible Office Building with Detached Garage

Renovated Office Flex Complex

Heavy Industrial Dock-High Warehouse

Corner Two-Tenant Retail and Auto Site

Multi-Office Building with Private Parking

Auto Shop with Paint Booth

Keystone Avenue Redevelopment Opportunity

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