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Brick Duplex with Off-Street Parking
For Sale
$185,000
Pending

3964 N Lesley Avenue, Indianapolis, IN 46226

Residential Income, Indianapolis, IN

Property SizeContact for details
Lot Size0.19 Acres
Days on Market74

Property Features for 3964 N Lesley Avenue

General Information

Property type Residential Multi Family
Property subtype Duplex
Subdivision Puritan Realty
Elementary school district MSD Lawrence Township
Middle school district MSD Lawrence Township
High school district MSD Lawrence Township
Directions GPS Friendly
Standard status Pending
APN 490715123097000401
Lot size 0.19 Acres

Taxes and HOA fees

Tax Year 2024
Tax Description Puritan Rlty Co L192 & 7 1/2 Ft W & Adj Vacalley
Legal Description Puritan Rlty Co L192 & 7 1/2 Ft W & Adj Vacalley

Building Details

Year built 1957
Floors in Building 1
Number of units 2
Building materials Brick
Listing Agency: Triple E Realty, LLC
Listed By: Edwin Watson
Added: Jun 18 Changed: Aug 20 Last Checked: Aug 30 at 12:06PM
MLS# 22108960

Copyright © 2026 MIBOR Service Corporation. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

Built in 1957, this brick duplex contains two residential units, each arranged with 2 bedrooms and 1 full bath. Both units are currently tenant occupied, providing an existing income-producing configuration for a new owner.

The property sits on a 0.19-acre corner lot in a low-traffic area. Exterior features include a large front yard and off-street parking, adding practical convenience for residents. The building’s straightforward two-unit layout and established occupancy create a focused residential income asset.

Key Highlights

  • Two‑unit duplex with both residences currently tenant occupied
  • Each unit includes 2 bedrooms and 1 full bath
  • Brick construction completed in 1957

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Dental Office Parking Lot & Garage Electrical Service Kitchen & Bath Showroom Plumbing Service

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
100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

253
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

Market

Vacancy Rate% for Multifamily in Midwest region

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

What type of property is this?
Duplex - Fully occupied two-unit property with matching two-bedroom, one-bath layouts and a corner-lot setting.
Where is this duplex located?
The property is located at 3964 N Lesley Avenue Indianapolis, IN.
What is the asking price?
The asking price for this property is $185,000.
What are key features of this property?
This property features: Two‑unit duplex with both residences currently tenant occupied; Each unit includes 2 bedrooms and 1 full bath; Brick construction completed in 1957
More about this property
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