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Vacant Two-Unit Duplex
For Sale
$99,900
Pending

1134 Blaine Ave, Indianapolis, IN 46221

Secured duplex with two separate units and a renovation-oriented ownership opportunity.

Property SizeContact for details
Days on Market14

Property Features for 1134 Blaine Ave

General Information

Standard status Pending
Property subtype Residential Income

Additional Details

Multifamily Units 2

Building Details

Buildings 1
Listing Agency: PMI Midwest
Listed By: Mark Jones
Source: Exprealty
Added: Sep 14 Changed: Sep 21 Last Checked: Sep 26 at 1:06PM

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 PMI Midwest

Investment Insights

Based on property information with market context.

This vacant duplex contains two separate units and is secured for the next owner. The property is positioned for renovation, allowing the new owner to determine the scope and direction of improvements for a future rental or owner-occupant strategy.

Located at 1134 Blaine Ave in Indianapolis, the property offers a two-unit configuration within the city. Potential approaches described for the asset include long-term rentals, furnished rentals, owner occupancy, or resale following rehabilitation.

Key Highlights

  • Two separate residential units
  • Currently vacant and secured
  • Renovation project with scope for improvements

Property Analytics

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Open Analytics

Current Use

Marketing of America Advertising Agency

Suggested Use

Top Pick Real Estate Agency Spa & Massage Center Hair Salon HVAC Service Nail Salon Pharmacy

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

322
Businesses Nearby

Demographics for 46221, IN

27,991
Population
11,120
Households
2.5
Avg Household Size
35
Median Age
16%
College-Educated
85%
High-School Grad
20.0 sq mi
ZIP Area
1,400
Density / Sq Mi
$58,316
Median Household Income
$40,665
Median Earnings
$1,111
Median Rent
$174,900
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
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Frequently Asked Questions

What type of property is this?
Duplex - Secured duplex with two separate units and a renovation-oriented ownership opportunity.
Where is this duplex located?
The property is located at 1134 Blaine Ave Indianapolis, IN.
What is the asking price?
The asking price for this property is $99,900.
What are key features of this property?
This property features: Two separate residential units; Currently vacant and secured; Renovation project with scope for improvements
More about this property
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