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Duplex with Basement Storage
For Sale
$179,000

1522 N Gladstone Ave, Indianapolis, IN 46201

Each residence offers two bedrooms, one bathroom, an eat-in kitchen, and a partial basement.

Property Size5,619 SF
Price / SF$31.86
Days on Market16

Property Features for 1522 N Gladstone Ave

General Information

Standard status Active
Size 5,619 SF
Property subtype Multi-Family

Site & Location

Highway Access Yes
Public Transit Yes

Units

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

Building Details

Year Built 1926
Listing Agency: Sadler Real Estate
Listed By: Streamlined Realty
Source: Streamlinedrealty
Added: Aug 17 Changed: Aug 31 Last Checked: Aug 31 at 3:04PM

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 Sadler Real Estate

Investment Insights

Based on property information with market context.

Built in 1926, this duplex includes two separate residences, each with 2 bedrooms and 1 bathroom. Both sides feature refreshed paint, newer vinyl plank flooring, eat-in kitchen areas, cabinet storage, and built-in pantry space. Gas stoves and refrigerators are included in each kitchen. A partial basement serves each residence and provides additional storage or flexible personal space.

The property is located at 1522 N Gladstone Ave in Indianapolis, near bus lines, Downtown, and nearby Interstates. A detached garage is also on site; however, it is reserved for the seller’s building-material storage and is not available for tenant use.

Key Highlights

  • Two‑unit property with 2 bedrooms and 1 bathroom on each side
  • Newer vinyl plank flooring and newer paint in both residences
  • Eat‑in kitchens with cabinet storage, built‑in pantry space, gas stoves, and refrigerators

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Skin Care Clinic Electrical Service 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
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

391
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 - Each residence offers two bedrooms, one bathroom, an eat-in kitchen, and a partial basement.
Where is this duplex located?
The property is located at 1522 N Gladstone Ave Indianapolis, IN.
What is the asking price?
The asking price for this property is $179,000.
What are key features of this property?
This property features: Two‑unit property with 2 bedrooms and 1 bathroom on each side; Newer vinyl plank flooring and newer paint in both residences; Eat‑in kitchens with cabinet storage, built‑in pantry space, gas stoves, and refrigerators
More about this property
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