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Updated Single-Story Duplex
For Sale
$125,000

833 N Gladstone Avenue, Indianapolis, IN 46201

Residential Income, Indianapolis, IN

Property SizeContact for details
Lot Size0.12 Acres
Days on Market364

Property Features for 833 N Gladstone Avenue

General Information

Property type Residential Multi Family
Property subtype Duplex
Bedrooms 2
Bathrooms 2
Full bathrooms 2
Rooms Bedroom 1, Bathroom 2, Bedroom 2, Bathroom 1, Basement
Subdivision Mcwhirters E 10Th
Lot features Sidewalks, Storm Sewer, 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 491004117019000101
Lot size 0.12 Acres

Taxes and HOA fees

Tax Year 2024
Tax Description Mc Whirters E 10th St Add L76
Tax Annual Amount 2254
Legal Description Mc Whirters E 10th St Add L76

Utilities

Cooling system Separate Meters

Amenities

washer/dryer hookups
dedicated rear parking

Building Details

Year built 1930
Floors in Building 1
Number of units 2
Listing Agency: Triple E Realty, LLC
Listed By: Edwin Watson
Added: Sep 19, 2025 Changed: Sep 14 Last Checked: Sep 17 at 11:06AM
MLS# 22063916

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 single-story duplex, built in 1930, includes one occupied residence and one vacant unit prepared for a new tenant or owner occupant. The updated unit features fresh interior paint, new bedroom, living room, and dining room carpet, plus new LVP flooring in the kitchen and bathroom. Both units include basement washer and dryer hookups, street parking, and dedicated parking at the rear of the property.

The property sits on a 0.12-acre lot in Indianapolis, with access to downtown, local amenities, and area highways described as minutes away. Separate cooling meters are in place, and the layout includes two bedrooms and two bathrooms across the property.

Key Highlights

  • Single‑story duplex constructed in 1930
  • Partially tenant occupied with one vacant unit
  • Vacant unit has fresh paint and new carpet in the bedroom, living room, and dining room

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Spa & Massage Center Skin Care Clinic Parking Lot & Garage

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

480
Businesses Nearby

Demographics for 46201, IN

31,408
Population
17,145
Households
1.8
Avg Household Size
34
Median Age
26%
College-Educated
78%
High-School Grad
5.6 sq mi
ZIP Area
5,609
Density / Sq Mi
$43,183
Median Household Income
$36,951
Median Earnings
$929
Median Rent
$150,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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 - Partially occupied duplex with a refreshed vacant unit and dedicated rear parking.
Where is this duplex located?
The property is located at 833 N Gladstone Avenue Indianapolis, IN.
What is the asking price?
The asking price for this property is $125,000.
What are key features of this property?
This property features: Single‑story duplex constructed in 1930; Partially tenant occupied with one vacant unit; Vacant unit has fresh paint and new carpet in the bedroom, living room, and dining room
More about this property
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