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New Construction Duplex
For Sale
$449,999

526 N Elder Avenue, Indianapolis, IN 46222

Residential Income, Indianapolis, IN

Property SizeContact for details
Lot Size0.10 Acres
Days on Market86

Property Features for 526 N Elder Avenue

General Information

Property type Residential Multi Family
Property subtype Other
Subdivision Merritt Place
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 491103111129000101
Lot size 0.10 Acres

Taxes and HOA fees

Tax Year 2024
Tax Description Merritt Place L126
Legal Description Merritt Place L126

Amenities

private entrances
dedicated parking
in-unit laundry

Building Details

Year built 2025
Number of units 2
Listing Agency: Crossroads Realty, LLC
Listed By: Nicole Crouch · License #RB14036446
Added: Jun 15 Changed: Sep 1 Last Checked: Sep 8 at 5:06PM
MLS# 22108327

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.

Completed in 2025, this duplex contains two separately accessed residences with open-concept living areas and contemporary interior finishes. Each unit includes granite countertops, white shaker cabinets, stainless steel appliances, luxury flooring, dedicated parking, and in-unit laundry. The floor plans are designed for independent occupancy and day-to-day functionality.

The property occupies 0.1 acres at 526 N Elder Avenue in Indianapolis. Its setting provides access to downtown Indianapolis, major employers, hospitals, universities, and interstate routes, all described as being minutes from the property. The asset is presented with established tenancy and low-maintenance construction.

Key Highlights

  • New construction duplex completed in 2025
  • Two units with private entrances and functional floor plans
  • Granite countertops, white shaker cabinetry, and stainless steel appliances

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Law Firm Nail Salon Real Estate Agency Spa & Massage Center Garden Center Hair Salon

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
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

1,209
Businesses Nearby

Demographics for 46222, IN

37,185
Population
15,782
Households
2.4
Avg Household Size
31
Median Age
17%
College-Educated
78%
High-School Grad
11.0 sq mi
ZIP Area
3,380
Density / Sq Mi
$45,198
Median Household Income
$30,548
Median Earnings
$1,050
Median Rent
$104,300
Median Home Value

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 - Two-unit property with contemporary finishes, private entrances, dedicated parking, and in-unit laundry.
Where is this duplex located?
The property is located at 526 N Elder Avenue Indianapolis, IN.
What is the asking price?
The asking price for this property is $449,999.
What are key features of this property?
This property features: New construction duplex completed in 2025; Two units with private entrances and functional floor plans; Granite countertops, white shaker cabinetry, and stainless steel appliances
More about this property
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