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Renovated Duplex
New
For Sale
$350,000

2518 Columbia Avenue, Indianapolis, IN 46205

Each residence offers four bedrooms, two full bathrooms, updated kitchens, and refreshed flooring.

Property SizeContact for details
Days on Market5

Property Features for 2518 Columbia Avenue

General Information

Standard status Active
Property subtype Duplex

Units

Unit Mix 2 x 4BR/2BA
Multifamily Units 2

Building Details

Year Built 1920
Buildings 1
Listing Agency: The Modglin Group
Listed By: Ely Berger
Source: Luxcityrealty
Added: Oct 2 Changed: Oct 6 Last Checked: Oct 5 at 6:40PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of The Modglin Group

Investment Insights

Based on property information with market context.

This duplex, built in 1920, contains two residences, each with four bedrooms and two full bathrooms. Renovations include updated kitchens and bathrooms, modern finishes, and refreshed flooring throughout both sides.

The property is at 2518 Columbia Ave in Indianapolis, with access to the Monon Trail, downtown, shopping, dining, and neighborhood amenities. The two-unit configuration offers the option of occupying one residence while renting the other.

Key Highlights

  • Two residences, each with 4 bedrooms and 2 full bathrooms
  • Renovated kitchens and bathrooms in both units
  • Refreshed flooring throughout both sides

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Building Supply Big Box & Wholesale Store Pharmacy

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

387
Businesses Nearby

Demographics for 46205, IN

27,531
Population
14,756
Households
1.9
Avg Household Size
34
Median Age
51%
College-Educated
93%
High-School Grad
6.2 sq mi
ZIP Area
4,440
Density / Sq Mi
$65,756
Median Household Income
$48,138
Median Earnings
$1,087
Median Rent
$278,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Midwest region

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

What type of property is this?
Duplex - Each residence offers four bedrooms, two full bathrooms, updated kitchens, and refreshed flooring.
Where is this duplex located?
The property is located at 2518 Columbia Avenue Indianapolis, IN.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: Two residences, each with 4 bedrooms and 2 full bathrooms; Renovated kitchens and bathrooms in both units; Refreshed flooring throughout both sides
More about this property
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