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Turn-Key Duplex with Two Occupied Units

251 S Emerson Avenue Indianapolis, IN 46219

251 S Emerson Avenue, Indianapolis, IN, 46219
$209,900
For Sale
$209,900

MULTI_FAMILY - Other - Indianapolis, IN

Lot Size0.16 Acres
Days on Market9

Property Features for 251 S Emerson Avenue

General Information

Property type
Residential Multi Family
Property subtype
Other
Rooms
Basement
Standard status
Active
APN
491010166004000701
Lot size
0.16 Acres

Taxes and HOA fees

Tax Year
2024
Tax 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
Lantern Rd Ste 275 10150, INDIANAPOLIS, IN
Listed by Craig Deboor · License #RB14051913
Added: Jul 9 Checked: Jul 17 at 11:06 am
MLS# 22113240 Listing URL

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 turn-key duplex offers two fully tenant-occupied units and is ready for new ownership. Built in 1942, the property features spacious interiors with hardwood floors, bright living areas, and generous natural light throughout.

The duplex is located at 251 S Emerson Avenue in Indianapolis, in the historic Irvington neighborhood within the Campus Terrace subdivision. The property sits on a 0.16-acre lot.

As a residential income property, it provides an owner the opportunity to acquire a two-unit building that is already occupied and positioned for straightforward operation.

Key Highlights

  • Duplex built in 1942 with vinyl with brick exterior construction
  • Two fully tenant‑occupied units
  • 0.16‑acre lot in the Campus Terrace subdivision

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Law Firm Dental Office Real Estate Agency HVAC Service Spa & Massage Center Electrical Service Parking Lot & Garage Auto Parts Store Pharmacy Building Supply

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Duplex - Two tenant-occupied units in a 1942 duplex with spacious interiors and hardwood floors on a 0.16-acre lot.
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 $209,900.
What are key features of this property?
This property features: Duplex built in 1942 with vinyl with brick exterior construction; Two fully tenant‑occupied units; 0.16‑acre lot in the Campus Terrace subdivision
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