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

1365 N High School Road, Indianapolis, IN 46224

Residential Income, Indianapolis, IN

Property SizeContact for details
Lot Size1.42 Acres
Days on Market7

Property Features for 1365 N High School Road

General Information

Property type Residential Multi Family
Property subtype Duplex
Bedrooms 6
Bathrooms 3
Full bathrooms 3
Rooms Bedroom 1, Bathroom 1, Bedroom 4, Bathroom 2, Bedroom 5, Bathroom 3, Bedroom 3, Basement, Bedroom 2, Bedroom 6
Subdivision Mount Auburn
Lot features Mature Trees, Wooded
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 490536114004000982
Lot size 1.42 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description Mount Auburn L52
Tax Annual Amount 3418
Legal Description Mount Auburn L52

Utilities

Cooling system Separate Meters

Building Details

Year built 1930
Number of units 2
Building materials Vinyl Siding
Architectural style Ranch
Listing Agency: Fathom Realty
Listed By: Ryan Stevens
Added: Sep 1 Changed: Sep 5 Last Checked: Sep 7 at 7:06PM
MLS# 22123867

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 property includes two separate ranch-style houses on 1.42 acres. The front residence provides 1,408 square feet with four bedrooms, two full bathrooms, an attached garage, an oversized deck, and an attached storage shed. New flooring and interior paint have been completed. The rear home contains 1,008 square feet, two bedrooms, and one full bathroom, with newer flooring, HVAC, windows, and an updated kitchen.

Built in 1930 with vinyl siding, the property offers separate residences on one parcel near Speedway in Indianapolis. The configuration supports living in one home while leasing the other, accommodating an extended-family arrangement, or adding a two-home asset to a residential income portfolio.

Key Highlights

  • 1.42‑acre parcel with two separate ranch‑style houses
  • Front home measures 1408 sq ft with 4 bedrooms and 2 full baths
  • Rear home measures 1008 sq ft with 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?
Duplex - Two separate residences support an owner-occupancy and rental arrangement on a 1.42-acre parcel.
Where is this duplex located?
The property is located at 1365 N High School Road 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: 1.42‑acre parcel with two separate ranch‑style houses; Front home measures 1408 sq ft with 4 bedrooms and 2 full baths; Rear home measures 1008 sq ft with 2 bedrooms and 1 full updated bath
More about this property
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