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Duplex with Two-Bedroom Units

2825-2827 E Michigan St, Indianapolis, IN 46201

For Sale
$120,000

Both residences require renovation and are offered together in an as-is sale.

Property SizeContact for details
Days on Market90

Property Features for 2825-2827 E Michigan St

General Information

Standard status Active
Property subtype Multi-Family

Property Condition

Severity Repairs Needed
Evidence in need of renovation

Site & Location

Neighborhood Near Eastside

Units

Unit Mix 2 x 2BR/1BA
Multifamily Units 2

Building Details

Year Built 1923
Listing Agency: Brokerworks Group
Listed By: Georgeann Weisman · License IN #475129568
Source: Nwindianahomesearcher
Added: Aug 17 Changed: Nov 8 Last Checked: Nov 10 at 11:56AM

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 Brokerworks Group

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Investment Insights

Based on property information with market context.

This duplex contains two separate residences, each with 2 bedrooms and 1 full bathroom. The combined layout totals 4 bedrooms and 2 bathrooms. Built in 1923, the property is being sold as-is and requires renovation.

The two-unit configuration is offered as a package deal, providing a single acquisition of both residences.

Key Highlights

  • Two separate units, each with 2 bedrooms and 1 full bathroom
  • Combined total of 4 bedrooms and 2 bathrooms
  • Built in 1923

Property Analytics

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

702
Businesses Nearby

Demographics for 46201, IN

31,408
Population
17,145
Households
1.8
Avg Household Size
34
Median Age
26%
College-Educated
78%
High-School Grad
5.6 sq mi
ZIP Area
5,609
Density / Sq Mi
$43,183
Median Household Income
$36,951
Median Earnings
$929
Median Rent
$150,600
Median Home Value

Market

Properties on Market for Duplexes in Indianapolis

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Both residences require renovation and are offered together in an as-is sale.
Where is this duplex located?
The property is located at 2825-2827 E Michigan St Indianapolis, IN.
What is the asking price?
The asking price for this property is $120,000.
What are key features of this property?
This property features: Two separate units, each with 2 bedrooms and 1 full bathroom; Combined total of 4 bedrooms and 2 bathrooms; Built in 1923
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