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Duplex with Dedicated Garages
For Sale
$449,999

227 N Hamilton Avenue, Indianapolis, IN 46201

Residential Income, Indianapolis, IN

Property SizeContact for details
Lot Size0.12 Acres
Days on Market311

Property Features for 227 N Hamilton Avenue

General Information

Property type Residential Multi Family
Property subtype Other
Property condition Under Construction
Exterior features Smart Lock(s)
Subdivision Johnson & Hogshire
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 491006106024000101
Lot size 0.12 Acres

Taxes and HOA fees

Tax Year 2024
Tax Description Johnson & Hogshires E Wash St Add L114
Legal Description Johnson & Hogshires E Wash St Add L114

Utilities

Heating system Electric (Heating)
Cooling system Central Air

Amenities

in-unit laundry

Building Details

Year built 2025
Floors in Building 1
Number of units 2
Building materials Brick
Listing Agency: Crossroads Realty, LLC
Listed By: Nicole Crouch · License #RB14036446
Added: Oct 28, 2025 Changed: Sep 1 Last Checked: Sep 3 at 2:06AM
MLS# 22070516

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 duplex at 227 N Hamilton Avenue includes two residential units, each configured with two bedrooms and two bathrooms. Every unit has its own dedicated garage bay, open-concept living areas, LVP flooring, stainless steel appliances, granite countertops, and in-unit laundry. Brick construction, central air, electric heating, and smart locks add to the property’s physical features. The property is identified as under construction, with a 2025 year built, on a 0.12-acre lot.

Located in Indianapolis, the property is positioned near downtown amenities, employment centers, dining, entertainment, and major highways. The address is in Marion County and carries ZIP Code 46201.

Key Highlights

  • Two 2‑bed, 2‑bath units
  • Dedicated garage bay for each unit
  • 0.12‑acre lot

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Spa & Massage Center (Bike/Boat/Book/etc) Store Hair Salon Nail Salon Accounting Firm Cafe & Coffee Shop

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
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

712
Businesses Nearby

Demographics for 46201, IN

31,408
Population
17,145
Households
1.8
Avg Household Size
34
Median Age
26%
College-Educated
78%
High-School Grad
5.6 sq mi
ZIP Area
5,609
Density / Sq Mi
$43,183
Median Household Income
$36,951
Median Earnings
$929
Median Rent
$150,600
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Two-unit layout pairs modern finishes with private garage parking and in-unit laundry.
Where is this duplex located?
The property is located at 227 N Hamilton Avenue Indianapolis, IN.
What is the asking price?
The asking price for this property is $449,999.
What are key features of this property?
This property features: Two 2‑bed, 2‑bath units; Dedicated garage bay for each unit; 0.12‑acre lot
More about this property
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