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Duplex with Renovated Unit
For Sale
$150,000
Pending

1326 Union Street, Indianapolis, IN 46225

Residential Income, Indianapolis, IN

Property SizeContact for details
Lot Size0.08 Acres
Days on Market73

Property Features for 1326 Union Street

General Information

Property type Residential Multi Family
Property subtype Duplex
Bedrooms 3
Bathrooms 2
Full bathrooms 2
Rooms Bedroom 3, Bedroom 1, Basement, Bathroom 2, Bedroom 2, Bathroom 1
Basement Unfinished
Subdivision No Subdivision
Elementary school district Indianapolis Public Schools
Middle school district Indianapolis Public Schools
High school district Indianapolis Public Schools
Directions GPS Friendly
Standard status Pending
APN 491113146150001101
Lot size 0.08 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description Southside Partners Replat Of L40 & Part Of L41 Inmccarty's S Add L2
Tax Annual Amount 8198
Legal Description Southside Partners Replat Of L40 & Part Of L41 Inmccarty's S Add L2

Building Details

Year built 1920
Floors in Building 2
Number of units 2
Listing Agency: Keller Williams Indpls Metro N · Keller Williams Realty
Listed By: Doug Fredbeck · License #RB14042479
Added: Jul 8 Changed: Sep 14 Last Checked: Sep 18 at 10:06PM
MLS# 22112603

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 1920-built duplex contains two 3-bedroom, 2-bath units, each arranged with a kitchen, dining room, and family room. One unit has been renovated and is positioned for occupancy or rental use, while the other has been demoed and is ready for renovation. The property is offered as-is.

The duplex sits on a 0.08-acre lot at 1326 Union Street in Indianapolis, Indiana 46225. Its two-unit configuration combines an improved residence with a second unit requiring additional work, providing a clear distinction between the existing condition of each side.

Key Highlights

  • Two 3‑bedroom, 2‑bath units
  • One unit renovated and ready for occupancy or rental use
  • Second unit has been demoed and is ready for renovation

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick HVAC Service (Bike/Boat/Book/etc) Store Locksmith Barber Shop Butcher Pet Grooming 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

602
Businesses Nearby

Demographics for 46225, IN

6,503
Population
3,056
Households
2.1
Avg Household Size
35
Median Age
29%
College-Educated
81%
High-School Grad
4.0 sq mi
ZIP Area
1,626
Density / Sq Mi
$47,917
Median Household Income
$36,132
Median Earnings
$1,104
Median Rent
$123,600
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
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Frequently Asked Questions

What type of property is this?
Duplex - Two-unit property with one renovated residence and a second unit ready for renovation.
Where is this duplex located?
The property is located at 1326 Union Street Indianapolis, IN.
What is the asking price?
The asking price for this property is $150,000.
What are key features of this property?
This property features: Two 3‑bedroom, 2‑bath units; One unit renovated and ready for occupancy or rental use; Second unit has been demoed and is ready for renovation
More about this property
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