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Bungalow Duplex with Basements
For Sale
$30,000
Pending

714 Congress Avenue, Indianapolis, IN 46208

Residential Income, Indianapolis, IN

Property SizeContact for details
Lot Size0.12 Acres
Days on Market33

Property Features for 714 Congress Avenue

General Information

Property type Residential Multi Family
Property subtype Duplex
Rooms Basement
Parking features Alley
Basement Unfinished
Subdivision Mccaslins Geo H 1st Add
Lot features Access, City Lot, Curbs, Sidewalks, Street Lights, Mature Trees, Trees- Small ( Under 20 Ft), Wooded
High school Shortridge High School
Elementary school district Indianapolis Public Schools
Middle school district Indianapolis Public Schools
High school district Indianapolis Public Schools
Directions GPS Friendly
Special listing conditions HUD Owned
Standard status Pending
APN 490623105052000101
Lot size 0.12 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description Mc Caslins 1st Add To Keystone L32
Legal Description Mc Caslins 1st Add To Keystone L32

Amenities

covered front porch
unfinished basements

Building Details

Year built 1920
Floors in Building 1
Number of units 2
Building materials Brick, Vinyl Siding, Vinyl With Brick
Roof type Asphalt
Architectural style Bungalow
Listing Agency: Keller Williams Indy Metro Partners · Keller Williams Realty
Listed By: Chris Price · License #RB12050267
Added: Aug 1 Changed: Aug 30 Last Checked: Sep 2 at 10:06AM
MLS# 22117709

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.

This 1920 bungalow is configured as a duplex and sits on a 0.12-acre parcel. The property features brick and vinyl exterior materials, an asphalt roof, a covered front porch, and unfinished basement areas for storage. Repairs are needed throughout, with fire damage also reported in multiple areas.

An alley provides access to the property, which occupies a wooded setting near transportation, schools, and parks. The combination of duplex configuration, basement space, and existing structural improvements offers a defined renovation project for an owner or investor evaluating residential income property.

Key Highlights

  • Duplex configuration in a 1920 bungalow
  • 0.12‑acre wooded parcel
  • Fire damage and repairs needed throughout

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Building Supply Big Box & Wholesale Store Dental Office Law Firm Restaurant

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

Location Intelligence

Trade Area within ½ mile

280
Businesses Nearby

Demographics for 46208, IN

23,996
Population
11,619
Households
2.1
Avg Household Size
31
Median Age
40%
College-Educated
93%
High-School Grad
6.9 sq mi
ZIP Area
3,478
Density / Sq Mi
$55,435
Median Household Income
$34,125
Median Earnings
$1,075
Median Rent
$206,000
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 - Two-unit bungalow requiring substantial repairs, with alley access and unfinished basement storage.
Where is this duplex located?
The property is located at 714 Congress Avenue Indianapolis, IN.
What is the asking price?
The asking price for this property is $30,000.
What are key features of this property?
This property features: Duplex configuration in a 1920 bungalow; 0.12‑acre wooded parcel; Fire damage and repairs needed throughout
More about this property
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