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Furnished Duplex with Flex Space
For Sale
$384,999

1743-1745 S Meridian Street, Indianapolis, IN 46225

Residential Income, Indianapolis, IN

Property SizeContact for details
Lot Size0.04 Acres
Days on Market219

Property Features for 1743-1745 S Meridian Street

General Information

Property type Residential Multi Family
Property subtype Duplex
Bedrooms 5
Bathrooms 4
Full bathrooms 4
Rooms Bedroom 4, Bedroom 2, Bathroom 4, Bathroom 3, Basement, Bedroom 3, Bedroom 5, Bedroom 1, Bathroom 1, Bathroom 2
Subdivision Southside
Elementary school district Indianapolis Public Schools
Middle school district Indianapolis Public Schools
High school district Indianapolis Public Schools
Directions GPS Friendly
Standard status Active
APN 491113112052000101
Lot size 0.04 Acres

Taxes and HOA fees

Tax Year 2024
Tax Description Rodriguez Replat Of L1 In Ayres S Meridian St Addition L1a
Tax Annual Amount 1764
Legal Description Rodriguez Replat Of L1 In Ayres S Meridian St Addition L1a

Building Details

Year built 1911
Number of units 2
Listing Agency: CENTURY 21 Scheetz · Century 21 Real Estate
Listed By: Nathaniel Cromlich · License #Rb22002502
Added: Feb 11 Changed: Sep 17 Last Checked: Sep 18 at 7:06PM
MLS# 22093623

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 at 1743-1745 S Meridian Street includes two residential units, with one furnished for immediate occupancy and the other offering additional income or owner-occupant flexibility. A separate private flex space expands the property’s utility for office, storage, hobbies, or workspace needs.

The property includes a basement, 5 bedrooms, and 4 bathrooms. Built in 1911, it occupies a 0.04-acre lot in Indianapolis, Indiana, within ZIP code 46225.

Key Highlights

  • Duplex with two separate residential units
  • Unit 1743 is fully furnished
  • Separate private flex space for office, storage, hobby, or workspace use

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Bakery HVAC Service Locksmith (Bike/Boat/Book/etc) Store Computer & Electronic Repair Pharmacy

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

403
Businesses Nearby

Demographics for 46225, IN

6,503
Population
3,056
Households
2.1
Avg Household Size
35
Median Age
29%
College-Educated
81%
High-School Grad
4.0 sq mi
ZIP Area
1,626
Density / Sq Mi
$47,917
Median Household Income
$36,132
Median Earnings
$1,104
Median Rent
$123,600
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
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Two-unit property includes a separate private area for office, storage, hobby, or workspace use.
Where is this duplex located?
The property is located at 1743-1745 S Meridian Street Indianapolis, IN.
What is the asking price?
The asking price for this property is $384,999.
What are key features of this property?
This property features: Duplex with two separate residential units; Unit 1743 is fully furnished; Separate private flex space for office, storage, hobby, or workspace use
More about this property
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