Updated Duplex Investment
102 S Elder Avenue Indianapolis, IN 46222
102 S Elder Avenue, Indianapolis, IN, 46222
$278,900
For Sale
$278,900
MULTI_FAMILY - Other - Indianapolis, IN
Lot Size0.13 Acres
Days on Market154
Property Features for 102 S Elder Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Rooms
- Basement
- Parking features
- Alley
- Standard status
- Active
- APN
- 491110103015000101
- Lot size
- 0.13 Acres
Taxes and HOA fees
- Tax Year
- 2024
- Tax Description
- Connatys 2nd Add L31
Utilities
- Cooling system
- Separate Meters
Building Details
- Year built
- 1920
- Floors in Building
- 2
- Number of units
- 2
- Building materials
- Aluminum Siding
- Architectural style
- Other
Listing agency
Trueblood Real Estate
(317) 288-5148
Listed by
Cody Friesz · License #RB21000315
(317) 679-6330
Added: Feb 17 Updated: Jun 16 at 10:09AM Checked: Jul 21 at 5:06PM
MLS# 22083029
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 updated duplex investment property is set up as two separate, self-contained units. Each side includes two bedrooms and one full bathroom, with functional layouts and modern updates throughout. The current configuration supports immediate occupancy rather than a delayed renovation or re-tenanting timeline.
Located at 102 to 104 S Elder Avenue on Indianapolis’ west side, the property is positioned for convenient access to downtown, shopping, and major roadways. The listed lot size is 0.13 acres.
Both sides are currently occupied by Section 8 tenants, with stated monthly income of $1,220 and $1,374 per month. For an investor looking for a turnkey duplex with ongoing rental occupancy already in place, this offering provides a straightforward, two-unit structure with updated interior finishes and current rent roll information available. Purchasers should review lease terms and any applicable requirements associated with Section 8 tenancy as part of their due diligence.
Located at 102 to 104 S Elder Avenue on Indianapolis’ west side, the property is positioned for convenient access to downtown, shopping, and major roadways. The listed lot size is 0.13 acres.
Both sides are currently occupied by Section 8 tenants, with stated monthly income of $1,220 and $1,374 per month. For an investor looking for a turnkey duplex with ongoing rental occupancy already in place, this offering provides a straightforward, two-unit structure with updated interior finishes and current rent roll information available. Purchasers should review lease terms and any applicable requirements associated with Section 8 tenancy as part of their due diligence.
Key Highlights
- Updated duplex at 102‑104 S Elder Avenue, Indianapolis
- Each unit offers 2 bedrooms and 1 full bathroom
- Both units are occupied by Section 8 tenants
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Duplex - Two updated units offer 2-bedroom, 1-bath layouts with current Section 8 occupancy and monthly rent in place.
Where is this duplex located?
The property is located at 102 S Elder Avenue Indianapolis, IN.
What is the asking price?
The asking price for this property is $278,900.
What are key features of this property?
This property features: Updated duplex at 102‑104 S Elder Avenue, Indianapolis; Each unit offers 2 bedrooms and 1 full bathroom; Both units are occupied by Section 8 tenants
