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Remodeled Duplex with Front Porch
For Sale
$214,900

3631-3633 Salem St, Indianapolis, IN 46208

Single-story bungalow configuration with a welcoming porch and contemporary interior updates.

Property Size4,400 SF
Price / SF$48.84
Days on Market35

Property Features for 3631-3633 Salem St

General Information

Standard status Active
Size 4,400 SF
Property subtype Multi-Family

Additional Details

Multifamily Units 2

Amenities

porch

Building Details

Year Built 1925
Stories 1
Construction bungalow
Listing Agency: Coldwell Banker Real Estate Group
Listed By: Streamlined Realty
Source: Streamlinedrealty
Added: Jul 29 Changed: Aug 30 Last Checked: Aug 31 at 2:39PM

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 Coldwell Banker Real Estate Group

Investment Insights

Based on property information with market context.

Located at 3631-3633 Salem St in Indianapolis, this duplex combines a bungalow-style profile with a single-story layout and 4,400 square feet of building area. Originally constructed in 1925, the property has been completely renovated to provide updated interiors within its established architectural form.

A front porch adds a defined entry feature to the exterior. Kitchen appliances are owned by the tenants, and the property is configured as a two-unit residential income asset.

Key Highlights

  • 4,400 square feet of building area
  • Duplex configuration with two residential units
  • Complete renovation completed within the original 1925 structure

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Building Supply HVAC Service Kitchen & Bath Showroom Big Box & Wholesale Store Pharmacy (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

842
Businesses Nearby

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

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Duplex - Single-story bungalow configuration with a welcoming porch and contemporary interior updates.
Where is this duplex located?
The property is located at 3631-3633 Salem St Indianapolis, IN.
What is the asking price?
The asking price for this property is $214,900.
What are key features of this property?
This property features: 4,400 square feet of building area; Duplex configuration with two residential units; Complete renovation completed within the original 1925 structure
More about this property
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