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Updated Duplex with Basement
For Sale
$229,990

1944 E Epler Avenue, Indianapolis, IN 46227

Residential Income, Indianapolis, IN

Property SizeContact for details
Lot Size0.43 Acres
Days on Market97

Property Features for 1944 E Epler Avenue

General Information

Property type Residential Multi Family
Property subtype Duplex
Bedrooms 2
Bathrooms 2
Full bathrooms 2
Rooms Bedroom 1, Bedroom 2, Bathroom 2, Bathroom 1, Basement
Subdivision Peter Stuck
Elementary school district Perry Township Schools
Middle school district Perry Township Schools
High school district Perry Township Schools
Directions GPS Friendly
Standard status Active
APN 491506126019000500
Lot size 0.43 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description Pt Sw1/4 Ne1/4 S6 T14 R4 Beg 100Ft W Of Se Cor N250ft W 75Ft S 250Ft E 75Ft To Beg .43Ac Peterstuck Ptn Pt Tr4
Tax Annual Amount 4752
Legal Description Pt Sw1/4 Ne1/4 S6 T14 R4 Beg 100Ft W Of Se Cor N250ft W 75Ft S 250Ft E 75Ft To Beg .43Ac Peterstuck Ptn Pt Tr4

Amenities

private yard
covered deck
front porch
basement

Building Details

Year built 1928
Number of units 1
Listing Agency: eXp Realty, LLC
Listed By: Gabriel Long · License #RB24001444
Added: Jul 9 Changed: Sep 18 Last Checked: Oct 13 at 4:06AM
MLS# 22111751

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.

Built in 1928, this duplex offers two separate residential sides with a practical mix of established occupancy and immediate usability. One unit is leased to a long-term renter, while the second is ready for move-in. Improvements include replacement siding and windows completed in 2022, along with a modernized electrical system completed in 2024. A basement adds useful storage or utility space, while the private yard, covered deck, and front porch extend the property’s usable areas beyond the interiors.

The property is located at 1944 E Epler Avenue in Indianapolis, Indiana 46227. With one side already occupied and the other available for use, the layout supports both continued rental operation and an owner-occupant arrangement, as supported by the existing configuration.

Key Highlights

  • Duplex with one side occupied by a long‑term renter
  • Second unit is move‑in ready
  • New siding and windows completed in 2022

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Dental Office Law Firm HVAC Service Bakery Gym & Fitness Center

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
Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

271
Businesses Nearby

Demographics for 46227, IN

62,126
Population
26,411
Households
2.4
Avg Household Size
33
Median Age
21%
College-Educated
83%
High-School Grad
16.7 sq mi
ZIP Area
3,720
Density / Sq Mi
$50,993
Median Household Income
$35,591
Median Earnings
$994
Median Rent
$192,600
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
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Frequently Asked Questions

What type of property is this?
Duplex - Two-unit property with a leased side, refreshed exterior systems, and private outdoor space.
Where is this duplex located?
The property is located at 1944 E Epler Avenue Indianapolis, IN.
What is the asking price?
The asking price for this property is $229,990.
What are key features of this property?
This property features: Duplex with one side occupied by a long‑term renter; Second unit is move‑in ready; New siding and windows completed in 2022
More about this property
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