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Two-Bedroom Duplex
For Sale
$110,000
Pending

409 N Centennial Street, Indianapolis, IN 46222

Residential Income, Indianapolis, IN

Property SizeContact for details
Lot Size0.10 Acres
Days on Market203

Property Features for 409 N Centennial Street

General Information

Property type Residential Multi Family
Property subtype Duplex
Rooms Basement
Basement Unfinished
Subdivision A V Browns West Michigan
Lot features Busline, Curbs, Sidewalks
Elementary school district Indianapolis Public Schools
Middle school district Indianapolis Public Schools
High school district Indianapolis Public Schools
Directions GPS Friendly
Standard status Pending
APN 491104149017000901
Lot size 0.10 Acres

Taxes and HOA fees

Tax Year 2024
Tax Description A V Browns West Michigan Street Addition L61
Legal Description A V Browns West Michigan Street Addition L61

Building Details

Year built 1920
Floors in Building 2
Number of units 2
Building materials Aluminum Siding
Architectural style Other
Listing Agency: Trueblood Real Estate
Listed By: Ali Rahimi · License #RB20002043
Added: Feb 10 Changed: Aug 28 Last Checked: Sep 1 at 12:06PM
MLS# 22083188

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.

Investment Insights

Based on property information with market context.

This Indianapolis duplex, built in 1920, offers two separate residences with a practical layout for residential occupancy. Each side includes two bedrooms, a dining room, laundry hookups, and updated flooring. One unit is currently vacant, while the other is occupied by long-term tenants.

The property sits on a 0.1-acre lot at 409 N Centennial Street in Indianapolis, Indiana. Aluminum siding and a basement are among the existing property features. The vacant side provides flexibility for an owner occupant or a new resident, while the occupied unit offers an established tenancy.

Key Highlights

  • Duplex with two bedrooms in each unit
  • One unit vacant; the other occupied by long‑term tenants
  • Dining room and laundry hookups in each side

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Spa & Massage Center Nail Salon Hair Salon

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

435
Businesses Nearby

Demographics for 46222, IN

37,185
Population
15,782
Households
2.4
Avg Household Size
31
Median Age
17%
College-Educated
78%
High-School Grad
11.0 sq mi
ZIP Area
3,380
Density / Sq Mi
$45,198
Median Household Income
$30,548
Median Earnings
$1,050
Median Rent
$104,300
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 - One residence is vacant, while the other is occupied by long-term tenants.
Where is this duplex located?
The property is located at 409 N Centennial Street Indianapolis, IN.
What is the asking price?
The asking price for this property is $110,000.
What are key features of this property?
This property features: Duplex with two bedrooms in each unit; One unit vacant; the other occupied by long‑term tenants; Dining room and laundry hookups in each side
More about this property
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