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Duplex with Updated Interior
New
For Sale
$335,000

3126 N College Avenue, Indianapolis, IN 46205

Residential Income, Indianapolis, IN

Property SizeContact for details
Lot Size0.14 Acres
Days on Market3

Property Features for 3126 N College Avenue

General Information

Property type Residential Multi Family
Property subtype Duplex
Bedrooms 6
Bathrooms 3
Full bathrooms 3
Rooms Bedroom 3, Bedroom 4, Bathroom 1, Bathroom 2, Basement, Bedroom 6, Bedroom 2, Bedroom 5, Bedroom 1, Bathroom 3
Parking features Alley
Basement Storage Space
Subdivision Boulevard Square
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 490624138186000101
Lot size 0.14 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description Boulevard Square L182
Tax Annual Amount 5240
Legal Description Boulevard Square L182

Utilities

Heating system Forced Air, Natural Gas
Cooling system Central Air

Building Details

Year built 1915
Floors in Building 2
Number of units 2
Roof type Shingle
Listing Agency: Trueblood Real Estate
Listed By: Garrett Lawton · License #RB20000424
Added: Oct 14 Changed: Oct 15 Last Checked: Oct 16 at 8:06AM
MLS# 22131357

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.

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Investment Insights

Based on property information with market context.

This 1915 duplex contains two residences, each with three bedrooms and a full bathroom. The 3126 side has updated flooring and an added half bath. Central air conditioning and forced-air heating serve the property, which sits on a 0.14-acre lot. The roof is shingle, and parking access is via the alley.

Key Highlights

  • Two residences, each with 3 bedrooms and a full bath
  • 3126 side has updated flooring and a half bath
  • Built in 1915 on a 0.14‑acre lot

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Building Supply Pharmacy Big Box & Wholesale Store HVAC Service Real Estate Agency 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

100%
Occupancy

Location Intelligence

Trade Area within ½ mile

440
Businesses Nearby

Demographics for 46205, IN

27,531
Population
14,756
Households
1.9
Avg Household Size
34
Median Age
51%
College-Educated
93%
High-School Grad
6.2 sq mi
ZIP Area
4,440
Density / Sq Mi
$65,756
Median Household Income
$48,138
Median Earnings
$1,087
Median Rent
$278,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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 offer three bedrooms and a full bath, with central air and forced-air heating.
Where is this duplex located?
The property is located at 3126 N College Avenue Indianapolis, IN.
What is the asking price?
The asking price for this property is $335,000.
What are key features of this property?
This property features: Two residences, each with 3 bedrooms and a full bath; 3126 side has updated flooring and a half bath; Built in 1915 on a 0.14‑acre lot
More about this property
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