Fully Occupied Brick
For Sale
$185,000
3964 N Lesley Avenue, Indianapolis, IN 46226
MULTI_FAMILY - Indianapolis, IN
Lot Size0.19 Acres
Days on Market43
Property Features for 3964 N Lesley Avenue
General Information
Property type
Residential Multi Family
Property subtype
Other
Subdivision
Puritan Realty
Elementary school district
MSD Lawrence Township
Middle school district
MSD Lawrence Township
High school district
MSD Lawrence Township
Directions
GPS Friendly
Standard status
Active
APN
490715123097000401
Lot size
0.19 Acres
Taxes and HOA fees
Tax Year
2024
Tax Description
Puritan Rlty Co L192 & 7 1/2 Ft W & Adj Vacalley
Legal Description
Puritan Rlty Co L192 & 7 1/2 Ft W & Adj Vacalley
Building Details
Year built
1957
Floors in Building
1
Number of units
2
Building materials
Brick
Listing Agency:
Triple E Realty, LLC
(317) 210-3637
Listed By:
Edwin Watson
(317) 210-3637
Added: Jun 18
Last Checked: Jul 30 at 9:06PM
MLS# 22108960
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Investment Insights
Based on property information with market context.
This fully occupied brick duplex is set up as two separate units, with each side offering 2 bedrooms and 1 full bathroom. The property sits on a corner lot and includes a large front yard and off-street parking, providing practical outdoor space and convenient vehicle access.
The duplex is located on the east side of Indianapolis in a low-traffic area. Both sides are currently tenant occupied, supporting immediate rental income for an investor buyer.
With a straightforward two-unit configuration and tenant occupancy in place, the property offers a clean, easy-to-underwrite residential income setup for buyers looking to acquire a stabilized duplex.
The duplex is located on the east side of Indianapolis in a low-traffic area. Both sides are currently tenant occupied, supporting immediate rental income for an investor buyer.
With a straightforward two-unit configuration and tenant occupancy in place, the property offers a clean, easy-to-underwrite residential income setup for buyers looking to acquire a stabilized duplex.
Key Highlights
- Fully occupied brick duplex built in 1957 with both sides currently tenant occupied
- Each unit features 2 bedrooms and 1 full bath
- Set on a spacious corner lot with a large front yard
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
509
Businesses Nearby
Explore this area
Business Placement
Demographics for 46226, IN
43,997
Population
21,380
Households
2.1
Avg Household Size
35
Median Age
24%
College-Educated
81%
High-School Grad
14.8 sq mi
ZIP Area
2,973
Density / Sq Mi
$47,086
Median Household Income
$34,225
Median Earnings
$1,045
Median Rent
$148,900
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
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Frequently Asked Questions
What type of property is this?
Duplex - Brick duplex on a corner lot with off-street parking and two 2-bedroom, 1-bath units.
Where is this duplex located?
The property is located at 3964 N Lesley Avenue Indianapolis, IN.
What is the asking price?
The asking price for this property is $185,000.
What are key features of this property?
This property features: Fully occupied brick duplex built in 1957 with both sides currently tenant occupied; Each unit features 2 bedrooms and 1 full bath; Set on a spacious corner lot with a large front yard
