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Updated American Foursquare Duplex
New
For Sale
$485,000

2724 Indianapolis Ave, Indianapolis, IN 46208

Updated interiors combine original Foursquare character with stainless appliances, stone counters, and dedicated laundry space.

Property Size6,752 SF
Price / SF$71.83
Days on Market3

Property Features for 2724 Indianapolis Ave

General Information

Standard status Active
Size 6,752 SF
Property subtype Multi-Family

Additional Details

Multifamily Units 2

Amenities

laundry room
porch
private yard

Building Details

Year Built 1920
Buildings 1
Construction American Foursquare
Listing Agency: @Properties
Listed By: The James Embry Team · License #56837 - 94
Source: Jamesembry
Added: Sep 12 Changed: Sep 14 Last Checked: Sep 14 at 8:53AM

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 @Properties

Investment Insights

Based on property information with market context.

This duplex retains its 1920 American Foursquare character while incorporating substantial interior updates. The 6,752-square-foot property includes a kitchen with stainless steel appliances, stone countertops, and pantry storage, along with a bathroom featuring a contemporary walk-in shower. A dedicated laundry room adds functional support for daily use.

Outdoor features include a private yard and covered porch, extending the property’s usable space beyond the main interior areas. The building is located at 2724 Indianapolis Ave in Indianapolis, Indiana, and offers a combination of period architectural character and updated residential amenities.

Key Highlights

  • 6,752‑square‑foot duplex originally built in 1920
  • American Foursquare architectural style with updated interiors
  • Kitchen includes stainless steel appliances, stone counters, and pantry storage

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Dental Office HVAC Service Kitchen & Bath Showroom Pharmacy Auto Parts Store

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

561
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
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 - Updated interiors combine original Foursquare character with stainless appliances, stone counters, and dedicated laundry space.
Where is this duplex located?
The property is located at 2724 Indianapolis Ave Indianapolis, IN.
What is the asking price?
The asking price for this property is $485,000.
What are key features of this property?
This property features: 6,752‑square‑foot duplex originally built in 1920; American Foursquare architectural style with updated interiors; Kitchen includes stainless steel appliances, stone counters, and pantry storage
More about this property
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