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Two-Unit Duplex with Basement
For Sale
$190,000

231-233 W 29th Street, Indianapolis, IN 46208

Residential Income, Indianapolis, IN

Property SizeContact for details
Lot Size0.09 Acres
Days on Market19

Property Features for 231-233 W 29th Street

General Information

Property type Residential Multi Family
Property subtype Duplex
Rooms Basement
Subdivision Fletcher
Lot features Corner Lot
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 490626132019000101
Lot size 0.09 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description Fletcher Senate Ave Sub Burton & Campbells Parkplace L17
Legal Description Fletcher Senate Ave Sub Burton & Campbells Parkplace L17

Building Details

Year built 1910
Number of units 2
Building materials Vinyl Siding
Listing Agency: CENTURY 21 Scheetz · Century 21 Real Estate
Listed By: Nathaniel Cromlich · License #Rb22002502
Added: Aug 14 Changed: Aug 28 Last Checked: Sep 1 at 12:06AM
MLS# 22120382

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 contains two separate residential units within one property, providing a configuration that can accommodate owner occupancy, leasing both sides, or living in one unit while renting the other. The building features vinyl siding and includes a basement, adding to its existing physical components.

Constructed in 1910, the property occupies a 0.09-acre lot at 231-233 W 29th Street in Indianapolis, Indiana. Its two-unit layout offers flexibility for an owner-occupant, extended-family arrangement, or residential income strategy, as supported by the configuration of the property.

Key Highlights

  • Two‑unit duplex configuration
  • 0.09‑acre lot
  • Built in 1910

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick HVAC Service Auto Parts Store Big Box & Wholesale Store Nail Salon Kitchen & Bath Showroom Plumbing 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

670
Businesses Nearby

Demographics for 46208, IN

23,996
Population
11,619
Households
2.1
Avg Household Size
31
Median Age
40%
College-Educated
93%
High-School Grad
6.9 sq mi
ZIP Area
3,478
Density / Sq Mi
$55,435
Median Household Income
$34,125
Median Earnings
$1,075
Median Rent
$206,000
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 - Vinyl siding and a basement complement this two-unit residential income property.
Where is this duplex located?
The property is located at 231-233 W 29th Street Indianapolis, IN.
What is the asking price?
The asking price for this property is $190,000.
What are key features of this property?
This property features: Two‑unit duplex configuration; 0.09‑acre lot; Built in 1910
More about this property
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