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Tenant-Occupied Duplex
New
For Sale
$204,900

301 E Southern Ave, Indianapolis, IN 46225

Both residences have long-term tenants in place, with access to downtown Indianapolis and nearby parkland.

Property Size11,021 SF
Price / SF$18.59
Days on Market4

Property Features for 301 E Southern Ave

General Information

Standard status Active
Size 11,021 SF
Property subtype Multi-Family
Occupancy 100%

Site & Location

Neighborhood Garfield Park

Additional Details

Multifamily Units 2

Building Details

Year Built 1920
Buildings 1
Tenancy Multi
Listing Agency: 1 Percent Lists Indiana Real Estate
Listed By: Crossroads Real Estate Group
Source: Crossroadsrealestategroup
Added: Oct 20 Changed: Oct 22 Last Checked: Oct 23 at 6:37AM

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 1 Percent Lists Indiana Real Estate

Rey
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Investment Insights

Based on property information with market context.

Built in 1920, this duplex contains two residences, each occupied by a long-term tenant. The existing occupancy provides an established rental history at the property.

The building is directly beside Garfield Park and minutes from downtown Indianapolis. Restaurants, shopping, entertainment, and major commuter routes are also identified nearby.

Key Highlights

  • Two‑unit duplex with long‑term tenants in both residences
  • Built in 1920
  • Directly adjacent to Garfield Park

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Lease Details

2
Residential units
100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

535
Businesses Nearby

Demographics for 46225, IN

6,503
Population
3,056
Households
2.1
Avg Household Size
35
Median Age
29%
College-Educated
81%
High-School Grad
4.0 sq mi
ZIP Area
1,626
Density / Sq Mi
$47,917
Median Household Income
$36,132
Median Earnings
$1,104
Median Rent
$123,600
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

Frequently Asked Questions

What type of property is this?
Duplex - Both residences have long-term tenants in place, with access to downtown Indianapolis and nearby parkland.
Where is this duplex located?
The property is located at 301 E Southern Ave Indianapolis, IN.
What is the asking price?
The asking price for this property is $204,900.
What are key features of this property?
This property features: Two‑unit duplex with long‑term tenants in both residences; Built in 1920; Directly adjacent to Garfield Park
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