Tenant-Occupied
For Sale
$200,000
Pending
251 S Emerson Avenue, Indianapolis, IN 46219
Residential Income, Indianapolis, IN
Property SizeContact for details
Lot Size0.16 Acres
Days on Market55
Property Features for 251 S Emerson Avenue
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Rooms
Basement
Subdivision
Campus Terrace
Lot features
Street Lights, Zoned
Elementary school district
MSD Warren Township
Middle school district
MSD Warren Township
High school district
MSD Warren Township
Directions
GPS Friendly
Standard status
Pending
APN
491010166004000701
Lot size
0.16 Acres
Taxes and HOA fees
Tax Year
2024
Tax Description
Campus Terrace Sec 5 L67
Legal Description
Campus Terrace Sec 5 L67
Building Details
Year built
1942
Floors in Building
2
Number of units
2
Building materials
Vinyl With Brick
Architectural style
Other
Listing Agency:
Real Broker, LLC
(317) 794-2827
Listed By:
Craig Deboor · License #RB14051913
(317) 614-5445
Added: Jul 9
Changed: Aug 28
Last Checked: Sep 1 at 1:06PM
MLS# 22113240
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 fully tenant-occupied units and was constructed in 1942. Interior details include hardwood flooring, bright living areas, and generous natural light. The property also includes a basement and a vinyl-with-brick exterior on a 0.16-acre lot.
Located at 251 S Emerson Avenue in Indianapolis, the property is within the Campus Terrace subdivision and the historic Irvington neighborhood. The surrounding area is described as featuring tree-lined streets, preserved homes, and established residential character.
Located at 251 S Emerson Avenue in Indianapolis, the property is within the Campus Terrace subdivision and the historic Irvington neighborhood. The surrounding area is described as featuring tree-lined streets, preserved homes, and established residential character.
Key Highlights
- Two fully tenant‑occupied units
- 0.16‑acre lot
- Built in 1942
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
423
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
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Two occupied units feature hardwood floors and basement space.
Where is this duplex located?
The property is located at 251 S Emerson Avenue Indianapolis, IN.
What is the asking price?
The asking price for this property is $200,000.
What are key features of this property?
This property features: Two fully tenant‑occupied units; 0.16‑acre lot; Built in 1942
