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Updated Side-by-Side Duplex
For Sale
$214,900

23 S Harris Ave, Indianapolis, IN 46222

Two separately metered units offer updated interiors, central heating and air, and flexible month-to-month occupancy.

Property Size4,835 SF
Price / SF$44.45
Days on Market36

Property Features for 23 S Harris Ave

General Information

Standard status Active
Size 4,835 SF
Property subtype Multi-Family

Units

Unit Mix 3BR/1BA, 3BR/1.5BA
Multifamily Units 2

Additional Details

Gross Income $27,480
Utilities to Site Yes

Amenities

covered front porch

Building Details

Year Built 1910
Listing Agency: @Properties
Listed By: The James Embry Team
Source: Jamesembry
Added: Jul 24 Changed: Aug 28 Last Checked: Aug 26 at 12:42PM

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 @Properties

Investment Insights

Based on property information with market context.

This 4,835-square-foot duplex contains two side-by-side residences with matching interior improvements. Unit 23 provides three bedrooms and one bathroom, while Unit 25 includes three bedrooms and one and a half bathrooms. Both feature LVP flooring in the primary living areas, carpeted upper levels, refreshed kitchens with white shaker cabinetry, and central heating and air. The residences are separately metered for utilities and are leased month-to-month. A covered front porch adds exterior character to the 1910 property, which also has a roof estimated at five years old.

The property is located in Indianapolis near Downtown Indy, IU campus, four west-side hospitals, the Indianapolis Motor Speedway, Elanco Global HQ, White River State Park, and the Indy Zoo. Each destination is described as within approximately 10 minutes or located nearby. Professional management is already in place and may be transferred if desired.

Key Highlights

  • 4,835 SF side‑by‑side duplex with two residential units
  • Unit 23 has 3 bedrooms and 1 bathroom; Unit 25 has 3 bedrooms and 1.5 bathrooms
  • Both units feature refreshed kitchens, LVP flooring, carpeted upper levels, and central heating and air

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Spa & Massage Center Hair Salon Nail Salon

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
Utilities to site

Location Intelligence

Trade Area within ½ mile

387
Businesses Nearby

Demographics for 46222, IN

37,185
Population
15,782
Households
2.4
Avg Household Size
31
Median Age
17%
College-Educated
78%
High-School Grad
11.0 sq mi
ZIP Area
3,380
Density / Sq Mi
$45,198
Median Household Income
$30,548
Median Earnings
$1,050
Median Rent
$104,300
Median Home Value

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 separately metered units offer updated interiors, central heating and air, and flexible month-to-month occupancy.
Where is this duplex located?
The property is located at 23 S Harris Ave Indianapolis, IN.
What is the asking price?
The asking price for this property is $214,900.
What are key features of this property?
This property features: 4,835 SF side‑by‑side duplex with two residential units; Unit 23 has 3 bedrooms and 1 bathroom; Unit 25 has 3 bedrooms and 1.5 bathrooms; Both units feature refreshed kitchens, LVP flooring, carpeted upper levels, and central heating and air
More about this property
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