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Two-Bedroom Duplex with Side Yard
For Sale
$209,900
Pending

1338 Norton Avenue, Indianapolis, IN 46227

MULTI_FAMILY - Indianapolis, IN

Property SizeContact for details
Lot Size0.12 Acres
Days on Market98

Property Features for 1338 Norton Avenue

General Information

Property type Residential Multi Family
Property subtype Duplex
Exterior features Barn Mini
Subdivision Woodlawn Gardens
Elementary school district Perry Township Schools
Middle school district Perry Township Schools
High school district Perry Township Schools
Directions GPS Friendly
Standard status Pending
APN 491030115001003501
Lot size 0.12 Acres

Taxes and HOA fees

Tax Year 2024
Tax Description Woodlawn Gardens L128 Ex 6Ft W Side
Legal Description Woodlawn Gardens L128 Ex 6Ft W Side

Utilities

Heating system Natural Gas, Forced Air
Cooling system Central Air

Building Details

Year built 1970
Floors in Building 1
Number of units 2
Roof type Shingle
Listing Agency: Keller Williams Indy Metro Partners · Keller Williams Realty
Listed By: Brooke Haston · License #RB19000059
Added: May 7 Changed: Aug 1 Last Checked: Aug 12 at 6:06PM
MLS# 22100779

Copyright © 2026 MIBOR Service Corporation. 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 two-unit duplex at 1338 Norton Avenue was built in 1970. Both units offer two bedrooms and one full bathroom. The property includes LVP flooring throughout. Heating is natural gas forced air and cooling is central air. Exterior amenities include a spacious side yard, a storage shed, and a barn mini.

Operationally, showings are available of the back unit only until under contract. The front unit has a long-term tenant with a recently renewed lease, while the back unit was recently vacated. A walkthrough video of the front unit is available upon request.

The duplex is located in Indianapolis, IN 46227, and is described as convenient to the University of Indianapolis.

Key Highlights

  • Duplex with two units; each unit has 2 bedrooms and 1 full bathroom
  • 0.12‑acre lot with a spacious side yard and storage shed
  • Built in 1970 with shingle roof

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Accounting Firm Electrical Service Skin Care Clinic (Bike/Boat/Book/etc) Store Carpet & Flooring Store

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

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

484
Businesses Nearby

Demographics for 46227, IN

62,126
Population
26,411
Households
2.4
Avg Household Size
33
Median Age
21%
College-Educated
83%
High-School Grad
16.7 sq mi
ZIP Area
3,720
Density / Sq Mi
$50,993
Median Household Income
$35,591
Median Earnings
$994
Median Rent
$192,600
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 - Duplex built in 1970 with two-bedroom, one-bath units, central air, natural gas forced-air heating, and a spacious side yard.
Where is this duplex located?
The property is located at 1338 Norton Avenue Indianapolis, IN.
What is the asking price?
The asking price for this property is $209,900.
What are key features of this property?
This property features: Duplex with two units; each unit has 2 bedrooms and 1 full bathroom; 0.12‑acre lot with a spacious side yard and storage shed; Built in 1970 with shingle roof
More about this property
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