Updated Duplex With Two 2BR
For Sale
$350,000
Pending
1644 E 58th Street, Indianapolis, IN 46220
MULTI_FAMILY - Indianapolis, IN
Property SizeContact for details
Lot Size0.14 Acres
Days on Market174
Property Features for 1644 E 58th Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Subdivision
Maple Lawn
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
490706109224000801
Lot size
0.14 Acres
Taxes and HOA fees
Tax Year
2024
Tax Description
Maple Lawn L42
Legal Description
Maple Lawn L42
Building Details
Year built
1955
Number of units
2
Listing Agency:
Trueblood Real Estate
(317) 288-5148
Listed By:
Cody Friesz · License #RB21000315
(317) 679-6330
Added: Feb 17
Changed: Jun 24
Last Checked: Aug 10 at 2:06AM
MLS# 22083036
Copyright © 2026 MIBOR Service Corporation. 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 well-maintained duplex features two side-by-side 2-bedroom, 1-bath units. Each side has been thoughtfully updated and is described as move-in ready, with improvements intended to be practical to maintain. The layout provides flexibility for renting both units or living in one while using the other for rental income.
The property is located at 1644 E 58th Street in Indianapolis, Indiana 46220, in a convenient Indianapolis neighborhood. The lot size is listed at approximately 0.14 acres.
From an operator perspective, the current income profile includes one unit rented to a Section 8 tenant at $1,619 per month, while the other unit pays $1,450 per month. With modern updates across both units, the duplex is positioned as an easier-to-manage choice for buyers seeking a straightforward rental configuration or for owner-occupants who want separate unit space.
The property is located at 1644 E 58th Street in Indianapolis, Indiana 46220, in a convenient Indianapolis neighborhood. The lot size is listed at approximately 0.14 acres.
From an operator perspective, the current income profile includes one unit rented to a Section 8 tenant at $1,619 per month, while the other unit pays $1,450 per month. With modern updates across both units, the duplex is positioned as an easier-to-manage choice for buyers seeking a straightforward rental configuration or for owner-occupants who want separate unit space.
Key Highlights
- Well‑maintained duplex built in 1955 with a side‑by‑side layout
- Two 2‑bedroom, 1‑bath units—each side updated and ready for tenants
- Current rental income includes one Section 8 tenant at $1,619/month and the other unit at $1,450/month
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
612
Businesses Nearby
Explore this area
Business Placement
Demographics for 46220, IN
36,078
Population
17,524
Households
2.1
Avg Household Size
37
Median Age
67%
College-Educated
98%
High-School Grad
11.7 sq mi
ZIP Area
3,084
Density / Sq Mi
$103,735
Median Household Income
$58,867
Median Earnings
$1,330
Median Rent
$329,700
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Side-by-side duplex with two updated 2-bedroom, 1-bath units, offering tenant-ready rental or owner-occupancy flexibility.
Where is this duplex located?
The property is located at 1644 E 58th Street Indianapolis, IN.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: Well‑maintained duplex built in 1955 with a side‑by‑side layout; Two 2‑bedroom, 1‑bath units—each side updated and ready for tenants; Current rental income includes one Section 8 tenant at $1,619/month and the other unit at $1,450/month
