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Duplex With Detached Garage
New
For Sale
$225,000

202 N Addison, Indianapolis, IN 46222

Residential Income, Indianapolis, IN

Property SizeContact for details
Lot Size0.12 Acres
Days on Market7

Property Features for 202 N Addison

General Information

Property type Residential Multi Family
Property subtype Duplex
Bedrooms 6
Bathrooms 3
Full bathrooms 3
Rooms Bedroom 2, Bedroom 1, Bedroom 4, Bedroom 6, Bedroom 3, Bedroom 5, Bathroom 1, Basement, Bathroom 2, Bathroom 3
Basement Unfinished
Subdivision West Park
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 491104110077000901
Lot size 0.12 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description West Park 3rd Sec L228
Tax Annual Amount 5686
Legal Description West Park 3rd Sec L228

Utilities

Heating system Forced Air
Cooling system Central Air

Building Details

Year built 1910
Number of units 2
Listing Agency: Trueblood Real Estate
Listed By: Ali Rahimi · License #RB20002043
Added: Sep 21 Changed: Sep 23 Last Checked: Sep 27 at 1:06PM
MLS# 22127194

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 1910-built duplex includes two separate residential units with a combined layout of six bedrooms and three bathrooms. One unit offers 3 bedrooms and 2 baths, while the other provides 3 bedrooms and 1 bath. Heating is provided by forced air, with central air conditioning serving the property.

The sale also includes an adjacent 0.12-acre lot. A detached 2-car garage adds practical storage and parking, and its loft provides additional finished space. The property is located at 202 N Addison in Indianapolis, Indiana 46222.

Key Highlights

  • Two‑unit duplex with 3 bedrooms and 2 baths on one side and 3 bedrooms and 1 bath on the other
  • Adjacent 0.12‑acre lot included in the sale
  • Detached 2‑car garage with loft space

Property Analytics

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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
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Frequently Asked Questions

What type of property is this?
Duplex - Two-unit property with an adjacent lot, detached garage, and additional loft space.
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 bedrooms and 2 baths on one side and 3 bedrooms and 1 bath on the other; Adjacent 0.12‑acre lot included in the sale; Detached 2‑car garage with loft space
More about this property
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