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Two Brick Duplexes

3812 N Grand Ave, Indianapolis, IN 46226

For Sale
$170,000

Each unit has two bedrooms and one bathroom, and three of the four units have been updated.

Property SizeContact for details
Days on Market17

Property Features for 3812 N Grand Ave

General Information

Standard status Active
Property subtype Residential Income
Occupancy 100%

Site & Location

Neighborhood Devington

Units

Unit Mix 4 x 2BR/1BA
Multifamily Units 4

Additional Details

Asking Price $340,000
Tenant in Place Yes

Building Details

Buildings 2
Construction brick
Listing Agency: Pristine Realty, Inc
Listed By: Osama Raja
Source: Exprealty
Added: Oct 29 Changed: Nov 12 Last Checked: Nov 12 at 11:33AM

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 Pristine Realty, Inc

Rey
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Investment Insights

Based on property information with market context.

The offering combines two brick duplex buildings at 3812–3814 and 3909–3911 N Grand Ave in Indianapolis. All four residences have two bedrooms and one bathroom, with hardwood flooring and generously sized rooms. Three units have been updated; the remaining unit has a long-term tenant. Both duplexes are occupied, and an additional vacant lot is included with the parcel.

Key Highlights

  • Two occupied duplex buildings offered together
  • Four units, each with 2 bedrooms and 1 bathroom
  • Three of the four units have been updated

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Lease Details

4
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

231
Businesses Nearby

Demographics for 46226, IN

43,997
Population
21,380
Households
2.1
Avg Household Size
35
Median Age
24%
College-Educated
81%
High-School Grad
14.8 sq mi
ZIP Area
2,973
Density / Sq Mi
$47,086
Median Household Income
$34,225
Median Earnings
$1,045
Median Rent
$148,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Properties on Market for Duplexes in Indianapolis

Jul
Aug
Sep
Oct

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 - Each unit has two bedrooms and one bathroom, and three of the four units have been updated.
Where is this duplex located?
The property is located at 3812 N Grand Ave Indianapolis, IN.
What is the asking price?
The asking price for this property is $170,000.
What are key features of this property?
This property features: Two occupied duplex buildings offered together; Four units, each with 2 bedrooms and 1 bathroom; Three of the four units have been updated
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