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Renovated Duplex with Rear Garage
For Sale
$364,999

1339 N Gale Street, Indianapolis, IN 46201

MULTI_FAMILY - Indianapolis, IN

Property SizeContact for details
Lot Size0.10 Acres
Days on Market247

Property Features for 1339 N Gale Street

General Information

Property type Residential Multi Family
Property subtype Other
Rooms Basement
Parking features Alley
Basement Unfinished
Subdivision Trotters Trs Brookside Park
Elementary school district Indianapolis Public Schools
Middle school district Indianapolis Public Schools
High school district Indianapolis Public Schools
Directions GPS Friendly
Standard status Active
APN 490732204102000101
Lot size 0.10 Acres

Taxes and HOA fees

Tax Year 2024
Tax Description 1339 N Gale St Condominiums Unit A
Legal Description 1339 N Gale St Condominiums Unit A

Building Details

Year built 1900
Floors in Building 2
Number of units 2
Listing Agency: The Modglin Group
Listed By: Ely Berger · License #RB25001754
Added: Dec 9, 2025 Changed: Jun 16 Last Checked: Aug 13 at 2:06AM
MLS# 22075647

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 fully updated duplex offers two levels per unit, plus an unfinished basement for additional storage. Each unit includes 4 bedrooms and 2 full bathrooms, with modern finishes carried throughout. Updates noted in the listing include new flooring, refreshed bathrooms, and updated kitchens, along with bright, open living spaces.

The property is located at 1339-1341 N Gale Street in Indianapolis, Indiana. It’s described as being close to downtown as well as parks and dining, in a Near Eastside area that is seeing ongoing revitalization activity.

For investors, the duplex is presented as turnkey and currently has one unit rented, providing immediate rental income. For owner-occupants, the layout supports living in one unit while offsetting expenses with rent from the other side. With in-unit space configured for multiple bedrooms and full baths, along with a rear garage for storage or parking, the building is positioned as a practical option for tenants who want room and updated interiors.

Key Highlights

  • Updated duplex at 1339‑1341 N Gale St with two levels per unit
  • 4 bedrooms and 2 full baths per unit with new flooring, updated kitchens, and refreshed bathrooms
  • One unit currently rented at $2,551 per month for immediate income

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Electrical Service Parking Lot & Garage Spa & Massage Center 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
50%
Occupancy
Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

524
Businesses Nearby

Demographics for 46201, IN

31,408
Population
17,145
Households
1.8
Avg Household Size
34
Median Age
26%
College-Educated
78%
High-School Grad
5.6 sq mi
ZIP Area
5,609
Density / Sq Mi
$43,183
Median Household Income
$36,951
Median Earnings
$929
Median Rent
$150,600
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Fully updated duplex with two levels per unit, 4 bedrooms, 2 full baths, and rear garage storage or parking.
Where is this duplex located?
The property is located at 1339 N Gale Street Indianapolis, IN.
What is the asking price?
The asking price for this property is $364,999.
What are key features of this property?
This property features: Updated duplex at 1339‑1341 N Gale St with two levels per unit; 4 bedrooms and 2 full baths per unit with new flooring, updated kitchens, and refreshed bathrooms; One unit currently rented at $2,551 per month for immediate income
More about this property
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