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Renovated Duplex with Basement
For Sale
$184,990
Pending

2255-2257 N Parker Avenue, Indianapolis, IN 46218

Residential Income, Indianapolis, IN

Property SizeContact for details
Lot Size0.16 Acres
Days on Market76

Property Features for 2255-2257 N Parker Avenue

General Information

Property type Residential Multi Family
Property subtype Other
Rooms Basement
Parking features Alley
Subdivision Morris Oak Hill
Elementary school district Indianapolis Public Schools
Middle school district Indianapolis Public Schools
High school district Indianapolis Public Schools
Directions GPS Friendly
Standard status Pending
APN 490729130063000101
Lot size 0.16 Acres

Taxes and HOA fees

Tax Year 2024
Tax Description B F Morris Oak Hill L101
Legal Description B F Morris Oak Hill L101

Utilities

Heating system Forced Air

Building Details

Year built 1930
Floors in Building 2
Number of units 2
Roof type Asphalt
Architectural style Bungalow
Listing Agency: Keller Williams Indy Metro S · Keller Williams Realty
Listed By: Stuart Houghton · License #RB17002210
Added: Jun 14 Changed: Aug 19 Last Checked: Aug 28 at 10:06AM
MLS# 22108092

Copyright © 2026 MIBOR Service Corporation. 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 bungalow-style duplex at 2255-2257 N Parker Avenue presents two residential units in a property built in 1930. The interior and exterior have been renovated, and the building includes a basement, asphalt roofing, and forced-air heating. Alley parking is available as the identified parking feature.

The property is in Indianapolis, within minutes of downtown and near shopping and parks. Its 0.16-acre lot provides the setting for this two-unit residential income asset in Marion County. The address is in ZIP Code 46218.

Key Highlights

  • Two‑unit duplex on a 0.16‑acre lot
  • Interior and exterior renovations completed
  • Bungalow architectural style; built in 1930

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Dental Office Law Firm Gym & Fitness Center Spa & Massage Center HVAC Service

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

308
Businesses Nearby

Demographics for 46218, IN

30,400
Population
15,343
Households
2
Avg Household Size
36
Median Age
11%
College-Educated
80%
High-School Grad
9.5 sq mi
ZIP Area
3,200
Density / Sq Mi
$34,635
Median Household Income
$29,745
Median Earnings
$1,056
Median Rent
$90,200
Median Home Value

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 - Bungalow-style two-unit property with forced-air heating and alley parking.
Where is this duplex located?
The property is located at 2255-2257 N Parker Avenue Indianapolis, IN.
What is the asking price?
The asking price for this property is $184,990.
What are key features of this property?
This property features: Two‑unit duplex on a 0.16‑acre lot; Interior and exterior renovations completed; Bungalow architectural style; built in 1930
More about this property
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