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Craftsman Duplex with Fenced Yard
New
For Sale
$167,000

315-317 N Colorado Avenue, Indianapolis, IN 46201

Residential Income, Indianapolis, IN

Property SizeContact for details
Lot Size0.13 Acres
Days on Market3

Property Features for 315-317 N Colorado Avenue

General Information

Property type Residential Multi Family
Property subtype Duplex
Bedrooms 3
Bathrooms 1
Full bathrooms 1
Rooms Bedroom 2, Bedroom 3, Basement, Bathroom 1, Bedroom 1
Fencing Chain Link
Basement Unfinished
Subdivision No Subdivision
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 491004119288000101
Lot size 0.13 Acres

Additional Details

Tenant in Place Yes

Taxes and HOA fees

Tax Year 2025
Tax Description Tuxedo Park L4 B10
Tax Annual Amount 3638
Legal Description Tuxedo Park L4 B10

Building Details

Year built 1910
Floors in Building 2
Number of units 2
Architectural style Craftsman
Buildings 1
Listing Agency: Neu Real Estate Group
Listed By: Julia Young · License #RB22000639
Added: Nov 4 Last Checked: Nov 6 at 12:06PM
MLS# 22131475

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.

Rey
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Investment Insights

Based on property information with market context.

This Craftsman-style duplex at 315-317 N Colorado Avenue in Indianapolis was built in 1910 and sits on a 0.13-acre lot. The property includes a chain-link-fenced backyard. One unit is vacant; the tenant in unit 315 has a lease ending in March 2027.

The property information also identifies a three-bedroom, one-bathroom layout.

Key Highlights

  • Duplex on a 0.13‑acre lot
  • One unit is vacant; unit 315 has a tenant with a lease ending March 2027
  • Craftsman‑style property built in 1910

Property Analytics

Who owns this building? See the owner, sales and loan history
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Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

419
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
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Market

Properties on Market for Duplexes in Indianapolis

Jul
Aug
Sep
Oct

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 - One unit is vacant, while the other is occupied under a lease running through March 2027.
Where is this duplex located?
The property is located at 315-317 N Colorado Avenue Indianapolis, IN.
What is the asking price?
The asking price for this property is $167,000.
What are key features of this property?
This property features: Duplex on a 0.13‑acre lot; One unit is vacant; unit 315 has a tenant with a lease ending March 2027; Craftsman‑style property built in 1910
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