Search
Renovated Duplex With Matching Units
For Sale
$205,000
Pending

1329 Kappes St, Indianapolis, IN 46221

Two updated units include new HVAC systems, laundry hookups, off-street parking, and shared outdoor space.

Property Size4,574 SF
Days on Market10

Property Features for 1329 Kappes St

General Information

Standard status Pending
Size 4,574 SF
Property subtype Multi-Family

Units

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

Amenities

covered front porch
open patio area
mini barn
washer/dryer hookups

Building Details

Year Built 1920
Buildings 1
Listing Agency: Fathom Realty
Listed By: Crossroads Real Estate Group
Source: Crossroadsrealestategroup
Added: Aug 23 Changed: Aug 31 Last Checked: Aug 31 at 3:04PM

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 Fathom Realty

Investment Insights

Based on property information with market context.

Built in 1920, this renovated duplex contains two matching units, each with 2 bedrooms, a living room, an updated kitchen, and an updated bathroom. Both sides include washer and dryer hookups and new HVAC systems. The matching layouts provide consistency across the property while allowing each unit to function independently.

Exterior features include a shared covered front porch, an open patio area, and a mini barn with separate access for each side. Off-street parking is located at the rear along a fresh gravel driveway. The property is at 1329 Kappes St in downtown Indianapolis, offering a duplex configuration with updated interiors and practical on-site storage and parking.

Key Highlights

  • Two matching units, each with 2 bedrooms, a living room, updated kitchen, and updated bath
  • New HVAC systems installed in both units
  • Washer and dryer hookups in each unit

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Spa & Massage Center HVAC Service Hair Salon Nail Salon Electrical Service 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

288
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

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Duplex - Two updated units include new HVAC systems, laundry hookups, off-street parking, and shared outdoor space.
Where is this duplex located?
The property is located at 1329 Kappes St Indianapolis, IN.
What is the asking price?
The asking price for this property is $205,000.
What are key features of this property?
This property features: Two matching units, each with 2 bedrooms, a living room, updated kitchen, and updated bath; New HVAC systems installed in both units; Washer and dryer hookups in each unit
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message