Vacant Duplex with Separate
For Sale
$125,000
Pending
2201 Admiral Dr, Indianapolis, IN 46219
Two-unit property with dedicated parking, separately metered utilities, and a recently replaced roof.
Property SizeContact for details
Days on Market8
Property Features for 2201 Admiral Dr
General Information
Standard status
Pending
Total Parking Spaces
2
Property subtype
Residential Income
Units
Multifamily Units
2
Parking per Unit
1
Additional Details
Utilities to Site
Yes
Listing Agency:
CRM Properties, Inc.
(765) 459-8034
Listed By:
Kaitlyn Franklin
(765) 438-7432
Source:
Exprealty
Added: Sep 8
Changed: Sep 13
Last Checked: Sep 14 at 2:22PM
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 CRM Properties, Inc.
Investment Insights
Based on property information with market context.
This duplex includes two currently vacant units, giving the next owner control over renovation timing and future occupancy. The property requires significant work, and the units are positioned for a substantial renovation program rather than immediate occupancy. Each unit has one dedicated parking space, while utilities are separately metered and paid directly by residents.
Located at 2201 Admiral Dr in Indianapolis, Indiana, the property also benefits from a roof replacement completed in June 2026. The combination of vacant units, individual utility metering, dedicated parking, and recent roof work provides a clear framework for repositioning the asset.
Located at 2201 Admiral Dr in Indianapolis, Indiana, the property also benefits from a roof replacement completed in June 2026. The combination of vacant units, individual utility metering, dedicated parking, and recent roof work provides a clear framework for repositioning the asset.
Key Highlights
- Two‑unit duplex with both units currently vacant
- Significant renovation work required
- Roof replaced in June 2026
Property Analytics
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Current Use
Lease Details
2
Residential units
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
473
Businesses Nearby
Explore this area
Business Placement
Demographics for 46219, IN
36,556
Population
17,028
Households
2.1
Avg Household Size
38
Median Age
26%
College-Educated
86%
High-School Grad
13.0 sq mi
ZIP Area
2,812
Density / Sq Mi
$57,811
Median Household Income
$38,995
Median Earnings
$991
Median Rent
$177,000
Median Home Value
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Market
Vacancy Rate% for Multifamily in Midwest region
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Frequently Asked Questions
What type of property is this?
Duplex - Two-unit property with dedicated parking, separately metered utilities, and a recently replaced roof.
Where is this duplex located?
The property is located at 2201 Admiral Dr Indianapolis, IN.
What is the asking price?
The asking price for this property is $125,000.
What are key features of this property?
This property features: Two‑unit duplex with both units currently vacant; Significant renovation work required; Roof replaced in June 2026
