Side-by-Side Ranch
For Sale
$179,000
3140 Asbury Street, Indianapolis, IN 46237
Residential Income, Indianapolis, IN
Property SizeContact for details
Lot Size0.30 Acres
Days on Market88
Property Features for 3140 Asbury Street
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning
ZO01
Bedrooms
4
Bathrooms
2
Full bathrooms
2
Rooms
Bathroom 2, Bathroom 1, Bedroom 1, Bedroom 4, Bedroom 3, Bedroom 2
Exterior features
Storage
Subdivision
Dillehays Southern Acres
Lot features
Access, Corner Lot, Curbs, Irregular Lot, Street Lights, Mature Trees
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
491030130002001501
Lot size
0.30 Acres
Taxes and HOA fees
Tax Year
2024
Tax Description
Dillehays Southern Acres 3rd Sec L95 & L96
Tax Annual Amount
4248
Legal Description
Dillehays Southern Acres 3rd Sec L95 & L96
Utilities
Heating system
Forced Air
Cooling system
Central Air
Amenities
laundry area
storage shed
Building Details
Year built
1960
Floors in Building
1
Number of units
2
Building materials
Vinyl With Brick
Roof type
Shingle
Architectural style
Ranch
Additional Structures
Storage
Listing Agency:
Keller Williams Indpls Metro N · Keller Williams Realty
(317) 846-6300
Listed By:
Peter Stewart · License #RB15000083
(317) 450-9202
Added: Jun 16
Changed: Sep 11
Last Checked: Sep 11 at 7:06PM
MLS# 22087674
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 side-by-side ranch duplex at 3140 Asbury Street contains two mirror-image residences, each with 2 bedrooms, 1 full bath, and 728 square feet. The vacant unit includes laminate flooring, a living room, dining area, central heat and air, and a full-size side-by-side laundry area. Its kitchen is functional as-is, while the bath includes a tiled tub and shower surround, newer vanity, and updated light fixture. The second unit is occupied. One residence has a private garage, while the other includes a large storage shed. Both units have dedicated off-street driveways.
The property sits on a flat 0.30-acre lot with front and rear yard space. Exterior construction combines a brick front with low-maintenance vinyl siding, and the roof is shingle. Electricity is separately metered, with tenants responsible for electric service; the owner pays water and sewer. Built in 1960, the property is near University Heights, Garfield Park, Sarah Shank Golf Course, and Sarah T. Bolton Park, approximately 10 minutes from downtown Indianapolis.
The property sits on a flat 0.30-acre lot with front and rear yard space. Exterior construction combines a brick front with low-maintenance vinyl siding, and the roof is shingle. Electricity is separately metered, with tenants responsible for electric service; the owner pays water and sewer. Built in 1960, the property is near University Heights, Garfield Park, Sarah Shank Golf Course, and Sarah T. Bolton Park, approximately 10 minutes from downtown Indianapolis.
Key Highlights
- Two‑unit side‑by‑side ranch duplex with 2 bedrooms, 1 bath, and 728 SF per unit
- One unit is vacant; the other is occupied with a lease through 11/30/26
- 0.30‑acre flat lot with front and rear yard space
Property Analytics
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Current Use
Lease Details
2
Residential units
Single-tenant
Tenancy
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
357
Businesses Nearby
Explore this area
Business Placement
Demographics for 46237, IN
44,378
Population
17,660
Households
2.5
Avg Household Size
36
Median Age
34%
College-Educated
89%
High-School Grad
14.7 sq mi
ZIP Area
3,019
Density / Sq Mi
$76,676
Median Household Income
$47,742
Median Earnings
$1,272
Median Rent
$216,300
Median Home Value
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Market
Vacancy Rate% for Multifamily in Midwest region
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Frequently Asked Questions
What type of property is this?
Duplex - Two mirror-image residences with separate driveways, a private garage, and a storage shed.
Where is this duplex located?
The property is located at 3140 Asbury Street Indianapolis, IN.
What is the asking price?
The asking price for this property is $179,000.
What are key features of this property?
This property features: Two‑unit side‑by‑side ranch duplex with 2 bedrooms, 1 bath, and 728 SF per unit; One unit is vacant; the other is occupied with a lease through 11/30/26; 0.30‑acre flat lot with front and rear yard space
