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    4652 N Kenwood Ave Indianapolis, IN 46208

    Pending
    For Sale
    $515,000

    Craftsman, Duplex - Indianapolis, IN

    Type:Duplex
    Lot size:
    0.19 Acres
    Days on Market:
    30
    Last Refresh:
    Dec 7 at 10:06 am

    Property Features for 4652 N Kenwood Ave

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Duplex
    Standard status
    Pending
    Security features
    Smoke Detector(s)
    Rooms
    Basement
    APN
    490611105052000801
    Exterior features
    Corner Lot, Lighting
    Basement Y/N
    1
    Lot size
    0.19 Acres

    Utilities

    Heating system
    Forced Air, Natural Gas
    Cooling system
    Central Air

    Building Details

    Year built
    1940
    Number of units
    2
    Building materials
    Brick, Vinyl Siding
    Roof type
    Shingle
    Architectural style
    Craftsman

    Highgarden Real Estate (317) 280-4663 [email protected]

    Listing agent Elizabeth Ewbank (317) 205-4320 License #RB20001822

    Listing date Nov 8, 2025

    MLS# 22071327 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

    Renovated Duplex in Prime Location

    This renovated duplex, spanning over 3,100 square feet, is situated in an established area of Indianapolis. The property is suitable for investors seeking rental income or buyers interested in residing in one unit while renting out the other. The duplex retains its historic charm with original woodwork, hardwood floors, built-ins, and vintage glass doorknobs, complemented by modern updates. Located on a quiet street among elegant homes, the property is near the Indiana Governor's Mansion and equidistant to Butler University and Meridian-Kessler amenities, with downtown Indianapolis just 10 minutes away. The property is located within the Washington Township school district. The annual gross rental income is $45,600 with both sides rented, but one unit will be available by the end of November. Each unit has separate HVAC, electric, and water meters. A detached two-car garage with overhead door openers and a long driveway provide ample parking. Both units feature updated kitchen appliances and laundry hook-ups in the large basement, which includes dedicated storage areas for each unit. Each unit also has a half bathroom on the main level and a renovated full bathroom upstairs. Unit 1 features double doors leading to a covered porch, while Unit 2 includes a screened-in porch with access to a private backyard. Both units have living rooms with fireplaces and an additional large room suitable for use as a second living room, study, or dining room. The property is located on a corner lot with mature trees.
    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
    -86.160959
    Latitude
    39.840949

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    FAQs

    What type of property is this?
    Duplex - Updated duplex near downtown, ideal for investors or owner-occupants.
    Where is this duplex located?
    The property is located at 4652 N Kenwood Ave Indianapolis, IN.
    What is the asking price?
    The asking price for this property is $515,000.
    What are key features of this property?
    This property features: - High income potential: $45,600 annual gross rental income with both sides rented.; - Prime location: Near the Indiana Governor's Mansion, equidistant to Butler University and Meridian-Kessler amenities, and 10 minutes from downtown.; - House hacking opportunity: Live in one unit and rent the other for income.
    (317) 205-4320
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    4652 N Kenwood Ave Indianapolis, IN 46208
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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
    4652 N Kenwood Ave Indianapolis, IN 46208
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