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Duplex with Contemporary Finishes
For Sale
$475,000
Pending

1611 N Arsenal Avenue, Indianapolis, IN 46218

Residential Income, Indianapolis, IN

Property SizeContact for details
Lot Size0.13 Acres
Days on Market245

Property Features for 1611 N Arsenal Avenue

General Information

Property type Residential Multi Family
Property subtype Duplex
Property condition Under Construction
Bedrooms 3
Bathrooms 2
Full bathrooms 2
Rooms Bathroom 1, Bathroom 2, Bedroom 1, Bedroom 3, Bedroom 2
Subdivision Indpls Car Cos
High school Arsenal Technical High School
Elementary school district Indianapolis Public Schools
Middle school district Indianapolis Public Schools
High school district Indianapolis Public Schools
Directions GPS Friendly
Standard status Pending
APN 490731188141000101
Lot size 0.13 Acres

Taxes and HOA fees

Tax Year 2024
Tax Description Indpls Car Cos Add L18 B6
Tax Annual Amount 112
Legal Description Indpls Car Cos Add L18 B6

Building Details

Year built 2026
Number of units 2
Listing Agency: Neu Real Estate Group
Listed By: Alec Neu · License #RB26000583
Added: Feb 27 Changed: Oct 26 Last Checked: Oct 30 at 2:06PM
MLS# 22086366

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.

Rey
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Investment Insights

Based on property information with market context.

This duplex is under construction and is listed with a 2026 year built. Interior specifications include granite countertops, stainless steel appliances, tiled bathroom surrounds, and granite vanity tops. The stated living area is 1,295 square feet per floor, with three bedrooms and two full bathrooms described for the residence.

The parcel encompasses 0.13 acres.

Key Highlights

  • Duplex under construction; year built listed as 2026
  • 0.13‑acre lot
  • 1,295 square feet of living area per floor

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

624
Businesses Nearby

Demographics for 46218, IN

30,400
Population
15,343
Households
2
Avg Household Size
36
Median Age
11%
College-Educated
80%
High-School Grad
9.5 sq mi
ZIP Area
3,200
Density / Sq Mi
$34,635
Median Household Income
$29,745
Median Earnings
$1,056
Median Rent
$90,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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 - Granite countertops, stainless steel appliances, and tiled bathroom surrounds are specified for the property.
Where is this duplex located?
The property is located at 1611 N Arsenal Avenue Indianapolis, IN.
What is the asking price?
The asking price for this property is $475,000.
What are key features of this property?
This property features: Duplex under construction; year built listed as 2026; 0.13‑acre lot; 1,295 square feet of living area per floor
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