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Renovated Duplex With Front Porch
For Sale
$205,500

3631-3633 Salem Street, Indianapolis, IN 46208

Residential Income, Indianapolis, IN

Property Size4,400 SF
Lot Size0.10 Acres
Price / SF$46.70
Days on Market96

Property Features for 3631-3633 Salem Street

General Information

Property type Residential Multi Family
Property subtype Duplex
Zoning Duplex
Bedrooms 4
Bathrooms 2
Full bathrooms 2
Rooms Bedroom 4, Bedroom 1, Bedroom 3, Basement, Bathroom 1, Bathroom 2, Bedroom 2
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 490624112052000101
Lot size 0.10 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description Lazarus & Colemans Harvard Pl 10 Ft N S Ex20 Ft E E L41 30 Ft S Side Ex 20 Ft E El42
Tax Annual Amount 2810
Legal Description Lazarus & Colemans Harvard Pl 10 Ft N S Ex20 Ft E E L41 30 Ft S Side Ex 20 Ft E El42

Utilities

Cooling system Central Air

Amenities

porch

Building Details

Year built 1925
Floors in Building 1
Number of units 2
Architectural style Bungalow
Listing Agency: Keller Williams Indy Metro NE · Keller Williams Realty
Listed By: Canyce Lane · License #RB14042644
Added: Jul 27 Changed: Oct 23 Last Checked: Oct 30 at 1:06PM
MLS# 22116345

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 two-unit residential property follows a bungalow design, with a one-story layout and a front porch. The building dates to 1925 and has been renovated. Central air serves the property, and a basement is also included.

The property occupies a 0.1-acre lot in Indianapolis. Its room configuration includes four bedrooms and two bathrooms. Kitchen appliances belong to the tenants.

Key Highlights

  • Two‑unit residential property
  • Renovated building constructed in 1925
  • Bungalow‑style, single‑story layout with a front porch

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

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

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 - The bungalow-style property has a single-level layout, central air, and a basement.
Where is this duplex located?
The property is located at 3631-3633 Salem Street Indianapolis, IN.
What is the asking price?
The asking price for this property is $205,500.
What are key features of this property?
This property features: Two‑unit residential property; Renovated building constructed in 1925; Bungalow‑style, single‑story layout with a front porch
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