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Brick Duplex on Corner Lot
For Sale
$185,000

3964 N Lesley Avenue, Indianapolis, IN 46226

Residential Income, Indianapolis, IN

Property SizeContact for details
Lot Size0.19 Acres
Days on Market92

Property Features for 3964 N Lesley Avenue

General Information

Property type Residential Multi Family
Property subtype Duplex
Bedrooms 4
Bathrooms 2
Full bathrooms 2
Rooms Bedroom 4, Bedroom 1, Bathroom 2, Bedroom 3, Bathroom 1, Bedroom 2
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
Tax Annual Amount 4296
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
Listed By: Edwin Watson
Added: Jun 18 Changed: Sep 13 Last Checked: Sep 17 at 10:06AM
MLS# 22108960

Copyright © 2026 Broker Listing Cooperative®. 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 two-unit residential property at 3964 N Lesley Avenue includes a brick exterior and matching layouts, with two bedrooms and one full bathroom in each unit. The building was constructed in 1957 and sits on a 0.19-acre corner lot with a large front yard and off-street parking.

Both residences are currently occupied. The property is located in Indianapolis, Indiana, within ZIP Code 46226, in a low-traffic setting. Its duplex configuration, established construction, and existing occupancy provide a straightforward residential income property profile.

Key Highlights

  • Duplex with 2 bedrooms and 1 full bathroom per unit
  • Both units currently tenant occupied
  • Brick construction completed in 1957

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Dental Office Parking Lot & Garage Electrical Service Kitchen & Bath Showroom Plumbing Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units
100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

253
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Duplex - Both units are occupied and provide off-street parking on a corner parcel.
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: Duplex with 2 bedrooms and 1 full bathroom per unit; Both units currently tenant occupied; Brick construction completed in 1957
More about this property
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