Professionally Managed
For Sale
$135,000
41-43 N Catherwood Ave, Indianapolis, IN 46219
Two one-bedroom residences are leased and occupied, offering an established residential income configuration.
Property SizeContact for details
Days on Market9
Property Features for 41-43 N Catherwood Ave
General Information
Standard status
Active
Property subtype
Residential Income
Occupancy
100%
Site & Location
Road Access
Yes
Utilities to Site
Yes
Units
Unit Mix
2 x 1B1B
Multifamily Units
2
Additional Details
Gross Income
$17,040
Building Details
Buildings
1
Tenancy
Multi
Listing Agency:
@properties
(317) 650-6289
Listed By:
Trent Kiester
(317) 650-6289
Source:
Exprealty
Added: Aug 4
Changed: Aug 9
Last Checked: Aug 11 at 11:08AM
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 @properties
Investment Insights
Based on property information with market context.
This duplex at 41-43 N Catherwood Ave includes two separate one-bedroom, one-bath residences. Both units are occupied and professionally managed, providing an existing rental setup in a single residential property. The owner covers water and sewer, while tenants pay gas and electric. Unit 41 is leased through August 2027, and Unit 43 is leased through February 2027.
The property is near Irvington’s dining and shopping corridor, Ellenberger Park, and the everyday retail and services along East Washington Street. Downtown Indianapolis is accessible from the property, adding convenient connectivity to the surrounding area.
The property is near Irvington’s dining and shopping corridor, Ellenberger Park, and the everyday retail and services along East Washington Street. Downtown Indianapolis is accessible from the property, adding convenient connectivity to the surrounding area.
Key Highlights
- Two‑unit duplex with one bedroom and one bathroom per residence
- Both units occupied and professionally managed
- Unit 41 leased through August 2027
Property Analytics
Current Use
Lease Details
2
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
380
Businesses Nearby
Explore this area
Business Placement
Demographics for 46219, IN
36,556
Population
17,028
Households
2.1
Avg Household Size
38
Median Age
26%
College-Educated
86%
High-School Grad
13.0 sq mi
ZIP Area
2,812
Density / Sq Mi
$57,811
Median Household Income
$38,995
Median Earnings
$991
Median Rent
$177,000
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
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Frequently Asked Questions
What type of property is this?
Duplex - Two one-bedroom residences are leased and occupied, offering an established residential income configuration.
Where is this duplex located?
The property is located at 41-43 N Catherwood Ave Indianapolis, IN.
What is the asking price?
The asking price for this property is $135,000.
What are key features of this property?
This property features: Two‑unit duplex with one bedroom and one bathroom per residence; Both units occupied and professionally managed; Unit 41 leased through August 2027
