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    429 N Oakland Ave Indianapolis, IN 46201

    For Sale
    $240,000

    Duplex - Indianapolis, IN

    Type:Duplex
    Lot size:
    0.10 Acres
    Days on Market:
    33
    Last Refresh:
    Dec 7 at 2:06 am

    Property Features for 429 N Oakland Ave

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Duplex
    Standard status
    Active
    Rooms
    Basement
    APN
    491005218012000101
    Basement Y/N
    1
    Lot size
    0.10 Acres

    Building Details

    Year built
    1900
    Number of units
    2
    Architectural style
    Other

    REAL BROKER, LLC (317) 614-5445 [email protected]

    Listing agent Lawton Link (317) 794-2827 License #RB17000627

    Listing date Nov 5, 2025

    MLS# 22071758 Listing URL

    Copyright © 2025 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.

    Overview

    Indianapolis Duplex with Cashflow

    This updated duplex in Indianapolis, IN, offers immediate cashflow, with one unit currently occupied and generating $1,000 per month. The second unit presents options to rent out or occupy, potentially saving on mortgage costs. Situated close to downtown and public transit, the property is located on a lot of 0.1 acres in Marion County. The property offers room for growth and cash flow opportunities. Located in the 46201 postal code, this duplex is an ideal spot.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Indianapolis
    County
    Hamilton
    State
    Indiana
    Longitude
    -86.112821
    Latitude
    39.773679

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    FAQs

    What type of property is this?
    Duplex - Updated duplex near downtown Indianapolis with immediate cashflow potential.
    Where is this duplex located?
    The property is located at 429 N Oakland Ave Indianapolis, IN.
    What is the asking price?
    The asking price for this property is $240,000.
    What are key features of this property?
    This property features: - Immediate cash flow from occupied unit ($1,000/month).; - Opportunity to rent out or occupy the second unit.; - Updated duplex.
    (317) 794-2827
    Request Owner's contact information
    429 N Oakland Ave Indianapolis, IN 46201
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    Indianapolis, IN 46201
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    429 N Oakland Ave Indianapolis, IN 46201
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