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Occupied Duplex Near Nickel Plate Trail
New
For Sale
$209,900

2026 Clay Street, Indianapolis, IN 46205

Residential Income, Indianapolis, IN

Property SizeContact for details
Lot Size0.12 Acres
Days on Market5

Property Features for 2026 Clay Street

General Information

Property type Residential Multi Family
Property subtype Duplex
Bedrooms 4
Bathrooms 2
Full bathrooms 2
Rooms Bedroom 2, Bedroom 1, Bedroom 4, Bedroom 3, Bathroom 1, Bathroom 2
Subdivision Montrose
Lot features Access, Busline
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 490718103434000801
Lot size 0.12 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description Montrose L440
Tax Annual Amount 2878
Legal Description Montrose L440

Utilities

Heating system Natural Gas, Forced Air

Building Details

Year built 1958
Floors in Building 1
Number of units 2
Building materials Block
Roof type Asphalt
Architectural style Ranch
Listing Agency: CENTURY 21 Scheetz · Century 21 Real Estate
Listed By: Nathaniel Cromlich
Added: Oct 19 Changed: Oct 20 Last Checked: Oct 23 at 7:06PM
MLS# 22132239

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.

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Investment Insights

Based on property information with market context.

This 1958 ranch-style duplex contains two occupied units on a 0.12-acre parcel. The building has block construction, natural gas forced-air heating, and an asphalt roof.

The property is alongside the Nickel Plate Trail and about a one-minute walk from the Indiana State Fairgrounds. It is located at 2026 Clay Street in Indianapolis.

Key Highlights

  • Two‑unit duplex with both residences occupied
  • 0.12‑acre parcel
  • Built in 1958 with block construction

Property Analytics

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Lease Details

100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

791
Businesses Nearby

Demographics for 46205, IN

27,531
Population
14,756
Households
1.9
Avg Household Size
34
Median Age
51%
College-Educated
93%
High-School Grad
6.2 sq mi
ZIP Area
4,440
Density / Sq Mi
$65,756
Median Household Income
$48,138
Median Earnings
$1,087
Median Rent
$278,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Both units are occupied in this two-residence property near the Indiana State Fairgrounds.
Where is this duplex located?
The property is located at 2026 Clay Street Indianapolis, IN.
What is the asking price?
The asking price for this property is $209,900.
What are key features of this property?
This property features: Two‑unit duplex with both residences occupied; 0.12‑acre parcel; Built in 1958 with block construction
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