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2-Unit Duplex with Private Entrances
For Sale
$80,000
Pending

1436 N Colorado Ave, Indianapolis, IN 46201

Each residence has a separate basement with utility access.

Property SizeContact for details
Days on Market17

Property Features for 1436 N Colorado Ave

General Information

Standard status Pending
Property subtype Multi-Family

Property Condition

Severity Repairs Needed
Evidence needs cosmetic rehab

Units

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

Building Details

Year Built 1940
Listing Agency: F.C. Tucker Company
Listed By: Jimmy Ondecko ()
Source: Fortwayneareahomesforsale
Added: Sep 30 Changed: Oct 15 Last Checked: Oct 16 at 9:16AM

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 F.C. Tucker Company

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Investment Insights

Based on property information with market context.

The duplex at 1436 N Colorado Ave contains two residences, each approximately 615 sq ft with one bedroom, one bathroom, a private entrance, and a separate basement with utility access. Built in 1940, the property has distinct repair needs between the units.

One residence has fresh paint, newer carpet, and updated kitchen and bath finishes. The other requires cosmetic work, including flooring, drywall and ceiling repairs, paint, and a bathroom refresh.

Key Highlights

  • Two residences, each approximately 615 sq ft
  • Each unit has 1 bedroom, 1 bath, a private entrance, and a separate basement with utility access
  • One unit features fresh paint, newer carpet, and updated kitchen and bath finishes

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Electrical Service Skin Care Clinic Dental Office Computer & Electronic Repair

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

454
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Each residence has a separate basement with utility access.
Where is this duplex located?
The property is located at 1436 N Colorado Ave Indianapolis, IN.
What is the asking price?
The asking price for this property is $80,000.
What are key features of this property?
This property features: Two residences, each approximately 615 sq ft; Each unit has 1 bedroom, 1 bath, a private entrance, and a separate basement with utility access; One unit features fresh paint, newer carpet, and updated kitchen and bath finishes
More about this property
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