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Two-Unit Bungalow with Detached Garage
New
For Sale
$185,000

3025 E Michigan Street, Indianapolis, IN 46201

Residential Income, Indianapolis, IN

Property SizeContact for details
Lot Size0.12 Acres
Days on Market3

Property Features for 3025 E Michigan Street

General Information

Property type Residential Multi Family
Property subtype Duplex
Bedrooms 6
Bathrooms 2
Full bathrooms 2
Rooms Basement, Bedroom 6, Bedroom 3, Bedroom 1, Bedroom 5, Bathroom 2, Bedroom 2, Bathroom 1, Bedroom 4
Fencing Gate
Basement Unfinished
Subdivision Fletchers
Elementary school district Indianapolis Public Schools
Middle school district Indianapolis Public Schools
High school district Indianapolis Public Schools
Directions GPS Friendly
Standard status Active
APN 491005229020000101
Lot size 0.12 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description Rosts Sub Fletchers Sub Of Blake Grove L18 Blk15
Tax Annual Amount 3044
Legal Description Rosts Sub Fletchers Sub Of Blake Grove L18 Blk15

Utilities

Heating system Forced Air
Cooling system Window Unit(s)

Amenities

covered front porch
fully fenced
in-unit laundry
built-in shelving
9-foot ceilings
oversized bedrooms

Building Details

Year built 1930
Floors in Building 2
Number of units 2
Building materials Vinyl Siding
Roof type Asphalt
Architectural style Bungalow
Listing Agency: Keller Williams Indy Metro Partners · Keller Williams Realty
Listed By: Perla Palma Nunez · License #RB17001152
Added: Sep 12 Changed: Sep 14 Last Checked: Sep 14 at 10:06PM
MLS# 22125660

Copyright © 2026 Broker Listing Cooperative®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This two-story duplex at 3025 E Michigan Street in Indianapolis contains two separate units, each with 3 bedrooms and 1 full bathroom. Both residences offer generous living areas, 9-foot ceilings, oversized bedrooms, and built-in dining-room shelving. One unit includes in-unit laundry, and the property also has a basement.

Set on 0.12 acres, the property includes a covered front porch, gate fencing, and one detached two-car garage at the rear. The 1930-built structure features vinyl siding, an asphalt roof, forced-air heating, and window-unit cooling. Each unit has access to one garage space.

Key Highlights

  • Two‑unit duplex with 3 bedrooms and 1 full bathroom per unit
  • 0.12‑acre fenced property at 3025 E Michigan Street
  • One detached two‑car garage provides one space for each unit

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Law Firm Spa & Massage Center Parking Lot & Garage Big Box & Wholesale Store Skin Care Clinic Real Estate Agency

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

736
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
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 - Two separate residences share a fenced lot and covered front porch.
Where is this duplex located?
The property is located at 3025 E Michigan Street Indianapolis, IN.
What is the asking price?
The asking price for this property is $185,000.
What are key features of this property?
This property features: Two‑unit duplex with 3 bedrooms and 1 full bathroom per unit; 0.12‑acre fenced property at 3025 E Michigan Street; One detached two‑car garage provides one space for each unit
More about this property
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