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Two-Unit Duplex Residential Income

3254 Winthrop Avenue Indianapolis, IN 46205

Claim this Listing
Pending
$220,000

MULTI_FAMILY - Indianapolis, IN

Lot size:
0.15 Acres
Added:
Mar 27, 2026
Days on Market:
108
Last Refresh:
Jul 12 at 7:06 pm

Property Features for 3254 Winthrop Avenue

General Information

Property type
Residential Multi Family
Property subtype
Other
Rooms
Basement
Basement
Unfinished
Standard status
Pending
APN
490719132146000101
Lot size
0.15 Acres

Taxes and HOA fees

Tax Year
2024
Tax Description
North Side Add L26 B3

Building Details

Year built
1910
Floors in Building
2
Number of units
2

Listing agent Donna Diercks License #RB14048452

Listing office United Real Estate Indpls E 86th St Ste 200 1425, Indianapolis, IN

Listing date Mar 27, 2026

MLS# 22090426 Listing URL

Copyright © 2026 MIBOR Service Corporation. 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 property is a duplex featuring two identical two-bedroom, one-bath apartments. Each unit is laid out across two stories, with a large dining room, expansive living room, and kitchen on the main floor, and two bedrooms plus a bathroom upstairs. The remodel was completed in 2021, and interior photos are referenced as being from unit 3256 prior to the current tenant moving in. Professional management is already in place.

The duplex is located at 3254/56 Winthrop Avenue in Indianapolis, Indiana. The surrounding area is described as being near the Monon Trail, parks, and downtown, providing convenient access to neighborhood amenities.

For investors or owner-operators seeking an income-producing duplex, both units are currently occupied. Lease terms are set to end in June and July, which may support planning for renewals or re-tenanting, depending on your operating strategy. With the existing two-unit configuration and recent remodel, the property is positioned for straightforward management as a residential rental asset.

Key Highlights

  • Duplex built in 1910 with two units at 3254/3256 Winthrop
  • Each unit has 2 bedrooms and 1 bathroom, with similar apartment layouts
  • Two‑story layout with large dining and expansive living areas plus kitchen on the main floor

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Dental Office Real Estate Agency Building Supply Big Box & Wholesale Store Law Firm Pharmacy Accounting Firm Bakery HVAC Service (Bike/Boat/Book/etc) Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Duplex - Two-story duplex with two identical two-bedroom, one-bath units, remodeled in 2021 and professionally managed.
Where is this duplex located?
The property is located at 3254 Winthrop Avenue Indianapolis, IN.
What is the asking price?
The asking price for this property is $220,000.
What are key features of this property?
This property features: Duplex built in 1910 with two units at 3254/3256 Winthrop; Each unit has 2 bedrooms and 1 bathroom, with similar apartment layouts; Two‑story layout with large dining and expansive living areas plus kitchen on the main floor
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