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Duplex Rental Property
New
For Sale
$325,000

4018 Byram Ave, Indianapolis, IN 46208

Two occupied units have separate leases, including one month-to-month tenancy.

Property SizeContact for details
Days on Market3

Property Features for 4018 Byram Ave

General Information

Standard status Active
Property subtype Multi-Family

Site & Location

Neighborhood Butler-Tarkington/Rocky Ripple

Tenancy & Operations

Currently Operating Yes
Tenant in Place Yes

Additional Details

Gross Income $25,800
Multifamily Units 2

Building Details

Year Built 1935
Tenancy Multi
Listing Agency: Snyder Strategy Realty, Inc
Listed By: Crossroads Real Estate Group
Source: Crossroadsrealestategroup
Added: Oct 28 Last Checked: Oct 28 at 6:05AM

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 Snyder Strategy Realty, Inc

Rey
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Investment Insights

Based on property information with market context.

This duplex, built in 1935, is configured as two rental units at 4018 and 4020 Byram Ave. Both sides are occupied under separate lease arrangements: the 4018 unit is month to month, while the 4020 lease runs through March 31, 2027.

Property access is arranged after an offer is accepted, with a due diligence period available for inspections and contractor visits.

Key Highlights

  • Two rental units at 4018 and 4020 Byram Ave
  • Built in 1935
  • 4018 unit is leased month to month

Property Analytics

Who owns this building? See the owner, sales and loan history
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Lease Details

2
Residential units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

255
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
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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 - Two occupied units have separate leases, including one month-to-month tenancy.
Where is this duplex located?
The property is located at 4018 Byram Ave Indianapolis, IN.
What is the asking price?
The asking price for this property is $325,000.
What are key features of this property?
This property features: Two rental units at 4018 and 4020 Byram Ave; Built in 1935; 4018 unit is leased month to month
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