Duplex with Independent Living
For Sale
$300,000
5623 E 18th Street, Indianapolis, IN 46218
MULTI_FAMILY - Indianapolis, IN
Property SizeContact for details
Lot Size0.12 Acres
Days on Market93
Property Features for 5623 E 18th Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Parking features
Open
Subdivision
Arlington Heights
Elementary school
Anna Brochhausen School 88
High school
Arsenal Technical High School
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
490734101098000701
Lot size
0.12 Acres
Taxes and HOA fees
Tax Year
2024
Tax Description
Arlington Hgts 2nd Sec Pt L53 Beg Nw Core 133.5Ft S 80Ft W 133.5Ft S 80Ftto Beg
Legal Description
Arlington Hgts 2nd Sec Pt L53 Beg Nw Core 133.5Ft S 80Ft W 133.5Ft S 80Ftto Beg
Utilities
Heating system
Forced Air
Building Details
Year built
1930
Floors in Building
1
Number of units
2
Listing Agency:
Keller Williams Indy Metro S · Keller Williams Realty
(317) 271-5959
Listed By:
Gloria Gear · License #RB16001575
(317) 271-5959
Added: May 18
Changed: Jun 16
Last Checked: Aug 18 at 9:06PM
MLS# 22099139
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.
This for-sale duplex is configured to provide each side with its own private living space. Both units feature comfortable, functional layouts with generous natural light, practical kitchen areas, and bedrooms designed for everyday livability. The overall flow of each unit is intended to create a welcoming, lived-in environment for occupants.
The property sits on a small lot and includes outdoor space for personal use or quiet downtime. While specific nearby businesses and transit details are not provided, the home is described as having convenient access to nearby amenities.
For tenants and buyers looking for flexibility, this setup can work well as either a two-unit rental property or an owner-occupant arrangement where one unit is lived in while the other generates rental income. The separate private living spaces are a practical feature for privacy, household separation, and straightforward day-to-day management. With the duplex design and unit-level kitchen and bedroom layouts already in place, it offers a clear residential income or mixed-use option within the Indianapolis area.
The property sits on a small lot and includes outdoor space for personal use or quiet downtime. While specific nearby businesses and transit details are not provided, the home is described as having convenient access to nearby amenities.
For tenants and buyers looking for flexibility, this setup can work well as either a two-unit rental property or an owner-occupant arrangement where one unit is lived in while the other generates rental income. The separate private living spaces are a practical feature for privacy, household separation, and straightforward day-to-day management. With the duplex design and unit-level kitchen and bedroom layouts already in place, it offers a clear residential income or mixed-use option within the Indianapolis area.
Key Highlights
- Duplex built in 1930
- Forced air heating
- Open parking
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
903
Businesses Nearby
Explore this area
Business Placement
Demographics for 46218, IN
30,400
Population
15,343
Households
2
Avg Household Size
36
Median Age
11%
College-Educated
80%
High-School Grad
9.5 sq mi
ZIP Area
3,200
Density / Sq Mi
$34,635
Median Household Income
$29,745
Median Earnings
$1,056
Median Rent
$90,200
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - A duplex offering separate living areas on one property, suitable for owner-occupancy or long-term rental use.
Where is this duplex located?
The property is located at 5623 E 18th Street Indianapolis, IN.
What is the asking price?
The asking price for this property is $300,000.
What are key features of this property?
This property features: Duplex built in 1930; Forced air heating; Open parking
