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Three-Story Duplex with Garage and Carport
New
For Sale
$475,000

4726 N College Avenue, Indianapolis, IN 46205

MULTI_FAMILY - Other - Indianapolis, IN

Property SizeContact for details
Lot Size0.20 Acres
Days on Market5

Property Features for 4726 N College Avenue

General Information

Property type Residential Multi Family
Property subtype Duplex
Rooms Basement
Parking features Alley, Carport
Exterior features Lighting
Basement Full, Storage Space, Unfinished
Subdivision Silas H Johnson
Lot features Access, Busline, City Lot, Curbs, Sidewalks, Street Lights
Elementary school district Indianapolis Public Schools
Middle school district Indianapolis Public Schools
High school district Indianapolis Public Schools
Directions GPS Friendly
Standard status Active
APN 490612227014000801
Lot size 0.20 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description Silas H Johnson's College Ave Add 50' S Side L6
Legal Description Silas H Johnson's College Ave Add 50' S Side L6

Utilities

Heating system Natural Gas, Forced Air
Cooling system Central Air

Building Details

Year built 1925
Floors in Building 3
Number of units 2
Building materials Vinyl Siding
Roof type Asphalt
Architectural style Other
Listing Agency: D. Braun & Company
Listed By: Daniel Braun
Added: Aug 1 Changed: Aug 3 Last Checked: Aug 5 at 7:06PM
MLS# 22117567

Copyright © 2026 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.

Investment Insights

Based on property information with market context.

4726 N College Avenue and 4728 N College Avenue present a three-story duplex built in 1925, with each unit offering 3 bedrooms and 1.5 baths. The property includes a basement and updated interior finishes, plus a “chef’s kitchen” featuring stainless steel appliances, modern finishes, and an efficient layout designed for everyday living and entertaining.

Exterior and comfort features include vinyl siding and an asphalt roof, with natural gas forced-air heating and central air conditioning. Parking is supported by an alley setting with carports and a 1-car garage per unit, and exterior lighting is included.

Set on an 8,668-square-foot lot (0.2 acres), the duplex also features a private yard for outdoor use, creating dedicated space for gardening, pets, and leisure.

Key Highlights

  • Three‑story duplex at 4726 N College Ave and 4728 N College Ave, built in 1925
  • Each unit offers 3 bedrooms and 1.5 baths, plus basement space
  • 8,668‑square‑foot lot (0.2 acres) with private yard

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Auto Repair Shop Pharmacy HVAC Service Dental Office Computer & Electronic Repair (Bike/Boat/Book/etc) Store

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

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

534
Businesses Nearby

Demographics for 46205, IN

27,531
Population
14,756
Households
1.9
Avg Household Size
34
Median Age
51%
College-Educated
93%
High-School Grad
6.2 sq mi
ZIP Area
4,440
Density / Sq Mi
$65,756
Median Household Income
$48,138
Median Earnings
$1,087
Median Rent
$278,000
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

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

What type of property is this?
Duplex - Extensively remodeled three-story duplex with central air, natural gas forced-air heat, and private yard space for each unit.
Where is this duplex located?
The property is located at 4726 N College Avenue Indianapolis, IN.
What is the asking price?
The asking price for this property is $475,000.
What are key features of this property?
This property features: Three‑story duplex at 4726 N College Ave and 4728 N College Ave, built in 1925; Each unit offers 3 bedrooms and 1.5 baths, plus basement space; 8,668‑square‑foot lot (0.2 acres) with private yard
More about this property
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