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Duplex with Separate Basements
New
For Sale
$175,000

1020 N Grant Ave, Indianapolis, IN 46201

Two matching units offer central air, private laundry areas, and below-grade garage space for flexible residential use.

Property Size6,360 SF
Price / SF$27.52
Days on Market3

Property Features for 1020 N Grant Ave

General Information

Standard status Active
Size 6,360 SF
Total Parking Spaces 2
Property subtype Multi-Family

Units

Unit Mix 2 x 2BR/1BA
Multifamily Units 2

Amenities

central air
separate basement and laundry
fenced-in yard

Building Details

Year Built 1944
Listing Agency: New Quantum Realty Group
Listed By: The James Embry Team
Source: Jamesembry
Added: Sep 16 Changed: Sep 17 Last Checked: Sep 16 at 4:57PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of New Quantum Realty Group

Investment Insights

Based on property information with market context.

Located at 1020 N Grant Ave in Indianapolis, this 1944 duplex contains two similar residential units within a 6,360-square-foot property. Each side includes 2 bedrooms, 1 bathroom, central air, a below-grade single-car garage, a separate basement, and dedicated laundry space. The configuration provides distinct living areas and storage for both units.

Unit 1020 has been fully renovated and includes a large fenced-in yard. The other unit, identified as 4025 E 11th, is occupied by a long-term tenant. Recent capital improvements include a roof that is 4 years old and HVAC equipment that is 1 year old. The property is offered as a residential income asset with separate unit amenities and established occupancy.

Key Highlights

  • Two‑unit duplex totaling 6,360 square feet
  • Each unit includes 2 bedrooms, 1 bathroom, central air, a basement, laundry, and a below‑grade single‑car garage
  • Unit 1020 has been fully renovated and includes a large fenced‑in yard

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Skin Care Clinic Spa & Massage Center Electrical Service

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

519
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
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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 matching units offer central air, private laundry areas, and below-grade garage space for flexible residential use.
Where is this duplex located?
The property is located at 1020 N Grant Ave Indianapolis, IN.
What is the asking price?
The asking price for this property is $175,000.
What are key features of this property?
This property features: Two‑unit duplex totaling 6,360 square feet; Each unit includes 2 bedrooms, 1 bathroom, central air, a basement, laundry, and a below‑grade single‑car garage; Unit 1020 has been fully renovated and includes a large fenced‑in yard
More about this property
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