Building Details

Year Built 1920

Buildings 1

Listing Agency: RE/MAX Real Estate Solutions

Listed By: Crossroads Real Estate Group Show Phone

Source: Crossroadsrealestategroup

Added: Sep 30 Changed: Oct 1 Last Checked: Oct 1 at 10:26AM

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Investment Insights

Based on property information with market context.

This 1920-built duplex contains two residential units across 2,256 square feet. The property is located at 2942-2944 E Michigan St in Indianapolis.

Local restaurants, shopping, and everyday amenities are nearby, with access to the surrounding Indianapolis area.

Key Highlights

• Two residential units
• 2,256 square feet of building area
• Built in 1920

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Spa & Massage Center Skin Care Clinic Nail Salon (Bike/Boat/Book/etc) Store Parking Lot & Garage Accounting Firm

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

702

Businesses Nearby

Explore this area Business Placement

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

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022

7.5% 2023

7.8% 2024

8% 2025

Questions? Ask Rey

Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

What type of property is this? Where is this duplexes located? What is the asking price? Find similar properties What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Duplex - Separate residential units sit within one property near local shopping and dining.

Where is this duplex located?

The property is located at 2942-2944 E Michigan St Indianapolis, IN.

What is the asking price?

The asking price for this property is $69,000.

What are key features of this property?

This property features: Two residential units; 2,256 square feet of building area; Built in 1920