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Renovated Duplex with Lofted Living Areas
For Sale
$469,900

202-204 N Hamilton Avenue, Indianapolis, IN 46201

Two three-bedroom units offer private bedroom layouts, individual laundry, basement storage, and rear parking.

Property SizeContact for details
Days on Market137

Property Features for 202-204 N Hamilton Avenue

General Information

Standard status Active
Property subtype Duplex

Building Details

Year Built 1900
Listing Agency: @properties
Listed By: Trent Kiester
Source: Luxcityrealty
Added: Apr 18 Changed: Aug 25 Last Checked: Aug 30 at 9:57PM

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 @properties

Investment Insights

Based on property information with market context.

This Indianapolis duplex was rebuilt and reconfigured with two separate residences designed without shared bedroom walls. Each unit provides 3 bedrooms, 3 full bathrooms, nearly 2,000 square feet of living space, a lofted living area, and a first-floor bedroom with a full bath. The upper level adds two bedrooms with en-suite bathrooms and a family room loft. Interior improvements include granite countertops, stone backsplash, white shaker cabinetry, stainless steel appliances, LVP flooring, recessed lighting, tiled bathrooms, quartz-topped vanities, and oil-rubbed bronze fixtures. Each residence also has its own washer and dryer, basement storage, and dedicated rear parking. The front unit includes a private covered porch.

Located at 202-204 N Hamilton Avenue in Indianapolis, the property offers access to Willard Park, nearby grocery options including Kroger, and downtown Indianapolis. Unit 202 is leased on a one-year term, while Unit 204 is vacant and move-in ready. The property was built in 1900.

Key Highlights

  • Two units, each with 3 bedrooms, 3 full bathrooms, and nearly 2,000 square feet of living space
  • Bedrooms are arranged without shared bedroom walls between the residences
  • First‑floor bedroom and full bath plus two upstairs en‑suite bedrooms in each unit

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Bakery Spa & Massage Center (Bike/Boat/Book/etc) Store Hair Salon Barber Shop Nail Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

712
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
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Frequently Asked Questions

What type of property is this?
Duplex - Two three-bedroom units offer private bedroom layouts, individual laundry, basement storage, and rear parking.
Where is this duplex located?
The property is located at 202-204 N Hamilton Avenue Indianapolis, IN.
What is the asking price?
The asking price for this property is $469,900.
What are key features of this property?
This property features: Two units, each with 3 bedrooms, 3 full bathrooms, and nearly 2,000 square feet of living space; Bedrooms are arranged without shared bedroom walls between the residences; First‑floor bedroom and full bath plus two upstairs en‑suite bedrooms in each unit
More about this property
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