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Two-Home Multifamily Property
New
For Sale
$339,000

1365 N High School Rd, Indianapolis, IN 46224

Two houses offer separate living spaces, updated interiors, and flexible owner-occupant or rental use near Speedway.

Property Size62,029 SF
Lot Size1.40 Acres
Price / SF$5.47
Days on Market6

Property Features for 1365 N High School Rd

General Information

Standard status Active
Size 62,029 SF
Lot size 1.40 Acres
Property subtype Multi-Family

Units

Unit Mix 1 x 4BR/2BA, 1 x 2BR/1BA
Multifamily Units 2

Building Details

Year Built 1930
Buildings 2
Listing Agency: Pht Holdings LLC
Listed By: The James Embry Team · License #1999023818
Source: Jamesembry
Added: Sep 2 Changed: Sep 7 Last Checked: Sep 7 at 7:29AM

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 Pht Holdings LLC

Investment Insights

Based on property information with market context.

Located at 1365 N High School Rd in Indianapolis, this multifamily property includes two houses on 1.4 acres. The front residence contains 1,408 square feet with four bedrooms, two full baths, an attached garage, an oversized deck, and a storage shed. New flooring and interior paint have been completed in the front home.

The rear residence provides 1,008 square feet with two bedrooms and one full bath. Its updates include newer flooring, a newer HVAC system, new windows, and an updated kitchen. Both homes were built in 1930 and are positioned near Speedway, providing separate residential spaces within one property.

Key Highlights

  • Two houses situated on 1.4 acres
  • Front home offers 1,408 sq ft, 4 bedrooms, 2 full baths, and an attached garage
  • Rear home includes 1,008 sq ft, 2 bedrooms, and 1 full updated bath

Property Analytics

Current Use

Wart Thwart, LLC Cosmetic Store

Suggested Use

Top Pick Law Firm Building Supply Auto Repair Shop Auto Parts Store Real Estate Agency Kitchen & Bath Showroom

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

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

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?
Multifamily property - Two houses offer separate living spaces, updated interiors, and flexible owner-occupant or rental use near Speedway.
Where is this multifamily property located?
The property is located at 1365 N High School Rd Indianapolis, IN.
What is the asking price?
The asking price for this property is $339,000.
What are key features of this property?
This property features: Two houses situated on 1.4 acres; Front home offers 1,408 sq ft, 4 bedrooms, 2 full baths, and an attached garage; Rear home includes 1,008 sq ft, 2 bedrooms, and 1 full updated bath
More about this property
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