Search
Duplex With Adjacent Lot
New
For Sale
$225,000

202 N Addison, Indianapolis, IN 46222

Two-unit property with a detached garage, loft space, and additional land included in the sale.

Property Size5,227 SF
Price / SF$43.05
Days on Market6

Property Features for 202 N Addison

General Information

Standard status Active
Size 5,227 SF
Total Parking Spaces 2
Property subtype Multi-Family

Units

Unit Mix 1 x 3BR/2BA, 1 x 3BR/1BA
Multifamily Units 2

Building Details

Year Built 1910
Buildings 2
Listing Agency: F.C. Tucker Company
Listed By: The James Embry Team
Source: Jamesembry
Added: Sep 22 Changed: Sep 26 Last Checked: Sep 26 at 6:58AM

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 F.C. Tucker Company

Investment Insights

Based on property information with market context.

This duplex, built in 1910, includes two separate residential units. One side has three bedrooms and two bathrooms, while the other offers three bedrooms and one bathroom. The sale also includes the adjacent lot, providing additional land with the property.

A detached two-car garage is located on the site and includes loft space described as suitable for use as additional rental income. The property is located at 202 N Addison in Indianapolis, Indiana.

Key Highlights

  • Two‑unit duplex with 3‑bedroom, 2‑bath and 3‑bedroom, 1‑bath residences
  • Adjacent lot included with the sale
  • Detached 2‑car garage with loft space

Property Analytics

Unlock full access to Insights Subscribe to Realmo Intelligence
Open Analytics

Current Use

Duplexes

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office Spa & Massage Center Nail Salon Hair 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.

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

538
Businesses Nearby

Demographics for 46222, IN

37,185
Population
15,782
Households
2.4
Avg Household Size
31
Median Age
17%
College-Educated
78%
High-School Grad
11.0 sq mi
ZIP Area
3,380
Density / Sq Mi
$45,198
Median Household Income
$30,548
Median Earnings
$1,050
Median Rent
$104,300
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
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Duplex - Two-unit property with a detached garage, loft space, and additional land included in the sale.
Where is this duplex located?
The property is located at 202 N Addison Indianapolis, IN.
What is the asking price?
The asking price for this property is $225,000.
What are key features of this property?
This property features: Two‑unit duplex with 3‑bedroom, 2‑bath and 3‑bedroom, 1‑bath residences; Adjacent lot included with the sale; Detached 2‑car garage with loft space
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message