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Duplex with Basement
For Sale
$109,000

1358 S Belmont Avenue, Indianapolis, IN 46221

Residential Income, Indianapolis, IN

Property SizeContact for details
Lot Size0.13 Acres
Days on Market50

Property Features for 1358 S Belmont Avenue

General Information

Property type Residential Multi Family
Property subtype Duplex
Rooms Basement
Subdivision West
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 491116115002000901
Lot size 0.13 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description Weghorsts Belmont Ave L 4
Legal Description Weghorsts Belmont Ave L 4

Building Details

Year built 1905
Number of units 2
Listing Agency: eXp Realty, LLC
Listed By: Dennis Soriano
Added: Jul 18 Changed: Aug 28 Last Checked: Sep 5 at 4:06PM
MLS# 22115415

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 duplex is located at 1358 S Belmont Avenue in Indianapolis, Indiana. The property includes a basement and was constructed in 1905, providing a clearly established residential structure on a 0.13-acre parcel.

The property is situated in Marion County within ZIP Code 46221. Its existing duplex classification and basement configuration provide the primary physical characteristics available for review.

Key Highlights

  • Duplex property with basement space
  • 0.13‑acre lot
  • Constructed in 1905

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Hair Salon Spa & Massage Center HVAC Service 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.

Location Intelligence

Trade Area within ½ mile

283
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
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Frequently Asked Questions

What type of property is this?
Duplex - Residential property with basement space in Indianapolis.
Where is this duplex located?
The property is located at 1358 S Belmont Avenue Indianapolis, IN.
What is the asking price?
The asking price for this property is $109,000.
What are key features of this property?
This property features: Duplex property with basement space; 0.13‑acre lot; Constructed in 1905
More about this property
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