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English Tudor Duplex

36 W 56th Street, Indianapolis, IN 46208

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For Sale

$775,000

MULTI_FAMILY - Tudor - Indianapolis, IN

Lot size:

0.30 Acres

HighLights

English‑Tudor duplex built in 1940 with brick construction and shingle/asphalt roof
Generates a 4.14% cap rate with $32,100 annual NOI, plus a reported 100% occupancy track record
Two mirror‑image units with matching living rooms, original fireplaces, and lower‑level rec rooms
Dining rooms open to private screen porches overlooking the rear yard
Each unit has two bedrooms and original bathrooms with original tilework and fixtures
Central air with forced‑air natural gas heat; detached two‑car garage (one per unit) plus storage shed

We can help!

Listing Contact

Jonathan Eriksen

For Sale

$775,000

MULTI_FAMILY - Tudor - Indianapolis, IN

Lot size:

0.30 Acres

Added:: Mar 18, 2026
Days on Market:: 95
Last Refresh:: Jun 20 at 5:06 am

Property Features for 36 W 56th Street

General Information

Property type: Residential Multi Family
Property subtype: Other
Rooms: Basement
Exterior features: Storage Shed
Basement: Full, Partially Finished
Standard status: Active
APN: 490601220001000801
Lot size: 0.30 Acres

Taxes and HOA fees

Tax Year: 2024
Tax Description: 73Ft Sl 180Ft Wl Beg 250Ft E & 25Ft N Of Swcor Sw1/4 S1 T16 R3 .0302Ac

Utilities

Heating system: Natural Gas, Forced Air
Cooling system: Central Air

Building Details

Year built: 1940
Floors in Building: 2
Number of units: 2
Building materials: Brick
Roof type: Asphalt, Shingle
Architectural style: Tudor
Additional Structures: Storage

We can help!

Listing Contact

Jonathan Eriksen

Listing agent Jonathan Eriksen

Listing office CENTURY 21 Scheetz 270, Indianapolis, IN

Listing date Mar 18, 2026

MLS# 22089775 Listing URL

HighLights

English‑Tudor duplex built in 1940 with brick construction and shingle/asphalt roof
Generates a 4.14% cap rate with $32,100 annual NOI, plus a reported 100% occupancy track record
Two mirror‑image units with matching living rooms, original fireplaces, and lower‑level rec rooms
Dining rooms open to private screen porches overlooking the rear yard
Each unit has two bedrooms and original bathrooms with original tilework and fixtures
Central air with forced‑air natural gas heat; detached two‑car garage (one per unit) plus storage shed

Overview

This English-Tudor duplex features a handsome brick facade enclosing two mirror-image units with character throughout. Inside, both units have foyers with wrought iron rails and hardwood floors that lead into living and dining rooms. Each unit includes an original fireplace in the living room and a classic lower-level rec room with access to unfinished utility areas that include lavatories and laundry spaces. The dining rooms open to private screen porches overlooking the rear yard. Upper levels offer two spacious bedrooms each, along with original bathrooms featuring original tilework and fixtures. The property sits on a 0.30-acre parcel and includes a detached two-car garage designed as one space per unit.

The home is located at 36 W 56th Street in Indianapolis, IN 46208, set deep on the lot near the Butler-Tarkington retail district. The surrounding area includes Illinois Street Food Emporium, Tinker Coffee, Kincaid’s Market, Byrne’s Pizza, Starbucks, Safeway, and Graeter’s, among other nearby destinations.

For buyers seeking a residential income property, this duplex is presented as a stabilized offering with a reported 11-year track record of 100% occupancy and long-term tenants. The listing also cites a 4.14% cap rate and $32,100 in annual NOI, with the current position described as below market rates at the time of listing. Overall, it offers a distinctive owner-occupied or investor-friendly configuration with self-contained living areas and attached laundry/utility components within each unit’s lower level.

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Location Insight

Map
Local Demand

City: Indianapolis
County: Hamilton
State: Indiana
Longitude: -86.15849
Latitude: 39.854408

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For sale
Duplexes
IN
Indianapolis
46208
36 W 56th Street

What type of property is this?

Duplex - Brick Tudor duplex with two mirror-image units, screen porches, fireplaces, and a detached two-car garage.

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 $775,000.

What are key features of this property?

This property features: English‑Tudor duplex built in 1940 with brick construction and shingle/asphalt roof; Generates a 4.14% cap rate with $32,100 annual NOI, plus a reported 100% occupancy track record; Two mirror‑image units with matching living rooms, original fireplaces, and lower‑level rec rooms

36 W 56th Street, Indianapolis, IN 46208

MULTI_FAMILY - Tudor - Indianapolis, IN

Property Features for 36 W 56th Street

General Information

Taxes and HOA fees

Utilities

Building Details

We can help!

HighLights

Overview

Current Use by Public Records

Suggested Use

Location Insight

Nearby Similar for Sale

Restaurant/QSR With Drive-Thru Potential

Hard-Corner Retail/Office Building

Elevator-Served Mixed-Use Building

Flexible Office Building with Detached Garage

Renovated Office Flex Complex

Heavy Industrial Dock-High Warehouse

Corner Two-Tenant Retail and Auto Site

Multi-Office Building with Private Parking

Auto Shop with Paint Booth

Four-Unit Retail Value-Add Property

Keystone Avenue Redevelopment Opportunity

Freestanding Single-Story Office Building

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