Tudor Duplex with Detached
For Sale
$699,900
36 W 56th Street, Indianapolis, IN 46208
Two matching residences offer fireplaces, private screened porches, and separate garage bays.
Property SizeContact for details
Lot Size0.30 Acres
Days on Market219
Property Features for 36 W 56th Street
General Information
Standard status
Active
Total Parking Spaces
2
Lot size
0.30 Acres
Property subtype
Duplex
Occupancy
100%
Net Operating Income
$32,100
Site & Location
Neighborhood
Meridian Kessler
Units
Multifamily Units
2
Parking per Unit
1
Additional Details
Cap Rate
4.14%
Tenant in Place
Yes
Amenities
wrought iron rails
hardwood floors
fireplaces
screen porches
original tilework
laundry areas
Building Details
Year Built
1940
Buildings
1
Construction
English-Tudor
Listing Agency:
Talk to Tucker
Listed By:
Annie Scott Realty Group
(317) 902-8622
Source:
Anniescottrealty
Added: Mar 26
Changed: Oct 29
Last Checked: Oct 26 at 3:56PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Talk to Tucker
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Investment Insights
Based on property information with market context.
This 1940 duplex occupies a 0.30-acre parcel in Indianapolis. Its two mirror-image units each include hardwood floors, living and dining rooms, original fireplaces in the living room and lower-level recreation room, and two upstairs bedrooms. Original tile and fixtures remain in the bathrooms. Each dining room opens to a private screened porch facing the rear yard; the lower levels also have laundry areas and lavatories. A detached two-car garage provides one bay per residence.
The property is near the Butler-Tarkington retail district and its listed food, coffee, grocery, and other businesses. It has a reported 4.14% cap rate and a record of 100% occupancy over 11 years.
The property is near the Butler-Tarkington retail district and its listed food, coffee, grocery, and other businesses. It has a reported 4.14% cap rate and a record of 100% occupancy over 11 years.
Key Highlights
- Two mirror‑image residences, each with two upper‑level bedrooms
- 0.30‑acre parcel in Indianapolis
- Detached two‑car garage, with one bay per unit
Property Analytics
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Lease Details
2
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
383
Businesses Nearby
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Business Placement
Demographics for 46208, IN
23,996
Population
11,619
Households
2.1
Avg Household Size
31
Median Age
40%
College-Educated
93%
High-School Grad
6.9 sq mi
ZIP Area
3,478
Density / Sq Mi
$55,435
Median Household Income
$34,125
Median Earnings
$1,075
Median Rent
$206,000
Median Home Value
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Market
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Duplex - Two matching residences offer fireplaces, private screened porches, and separate garage bays.
Where is this duplex located?
The property is located at 36 W 56th Street Indianapolis, IN.
What is the asking price?
The asking price for this property is $699,900.
What are key features of this property?
This property features: Two mirror‑image residences, each with two upper‑level bedrooms; 0.30‑acre parcel in Indianapolis; Detached two‑car garage, with one bay per unit
