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Two-Story Duplex
New
For Sale
$284,900

1338 N High School Road, Indianapolis, IN 46224

Residential Income, Indianapolis, IN

Property SizeContact for details
Lot Size0.30 Acres
Days on Market3

Property Features for 1338 N High School Road

General Information

Property type Residential Multi Family
Property subtype Duplex
Bedrooms 7
Bathrooms 2
Full bathrooms 2
Rooms Basement, Bedroom 7, Bathroom 1, Bedroom 5, Bathroom 2, Bedroom 2, Bedroom 6, Bedroom 3, Bedroom 1, Bedroom 4
Fencing Fenced
Basement Finished
Subdivision Anchorage
Lot features Access
Elementary school district MSD Wayne Township
Middle school district MSD Wayne Township
High school district MSD Wayne Township
Directions GPS Friendly
Standard status Active
APN 490536124003000982
Lot size 0.30 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description Anchorage Sub 2nd Sec L 68
Tax Annual Amount 6146
Legal Description Anchorage Sub 2nd Sec L 68

Utilities

Heating system Baseboard, Electric (Heating)

Amenities

backyard space

Building Details

Year built 1966
Floors in Building 2
Number of units 2
Building materials Brick
Architectural style Other
Listing Agency: Keller Williams Indy Metro Partners · Keller Williams Realty
Listed By: Lorraine Bent
Added: Sep 10 Changed: Sep 11 Last Checked: Sep 12 at 3:06PM
MLS# 22124917

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.

Built in 1966, this brick duplex contains two residential units within a two-story layout. One unit has 3 bedrooms and 1.5 baths; the other includes 4 bedrooms and 1.5 baths, with its 4th bedroom on the main level. Electric baseboard heating serves the property, and a basement is included in the room configuration.

The 0.3-acre property at 1338 N High School Road in Indianapolis includes a fenced backyard and detached 2-car garage. Access to I-465 connects the property with other parts of Indianapolis, while nearby shopping, dining, and additional amenities provide surrounding conveniences. The property is offered for sale in AS-IS condition.

Key Highlights

  • Two‑story duplex with two residential units
  • Unit mix includes 3 bedrooms and 1.5 baths plus 4 bedrooms and 1.5 baths
  • 4th bedroom in the larger unit is located on the main level

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Law Firm Auto Repair Shop Building Supply Real Estate Agency Auto Parts Store Skin Care Clinic

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
Highway access

Location Intelligence

Trade Area within ½ mile

246
Businesses Nearby

Demographics for 46224, IN

38,822
Population
16,912
Households
2.3
Avg Household Size
32
Median Age
24%
College-Educated
83%
High-School Grad
7.2 sq mi
ZIP Area
5,392
Density / Sq Mi
$53,731
Median Household Income
$35,726
Median Earnings
$1,048
Median Rent
$166,500
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 - Brick residential property includes two units, a fenced backyard, and a detached garage.
Where is this duplex located?
The property is located at 1338 N High School Road Indianapolis, IN.
What is the asking price?
The asking price for this property is $284,900.
What are key features of this property?
This property features: Two‑story duplex with two residential units; Unit mix includes 3 bedrooms and 1.5 baths plus 4 bedrooms and 1.5 baths; 4th bedroom in the larger unit is located on the main level
More about this property
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