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Duplex with Shared Rear Deck
For Sale
$485,000
Pending

4161 N Park Avenue, Indianapolis, IN 46205

Two separate residences combine distinct interior layouts with a common outdoor deck.

Property SizeContact for details
Days on Market58

Property Features for 4161 N Park Avenue

General Information

Standard status Pending
Property subtype Duplex

Site & Location

Neighborhood Meridian Kessler

Units

Unit Mix 1 x 3BR/2.5BA, 1 x 3BR/1BA
Multifamily Units 2

Amenities

gas fireplace
central air
washer/dryer hookups
rear deck
Jacuzzi tub

Building Details

Year Built 1932
Buildings 1
Listing Agency: F.C. Tucker Company
Listed By: Kerri Sarver
Source: Indianagoldgroup
Added: Sep 3 Changed: Oct 28 Last Checked: Oct 28 at 3:33PM

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 F.C. Tucker Company

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Investment Insights

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Built in 1932, this duplex contains two three-bedroom residences. The larger unit has 2.5 bathrooms, hardwood and ceramic tile floors, a gas fireplace, a bonus room, and a kitchen equipped with a refrigerator, gas range, and microwave. Its third-floor loft contains a primary suite, walk-in closet, and Jacuzzi tub. Washer and dryer hookups are in the sunroom. The second residence has one full bathroom, central air, laminate flooring on the main level, carpet upstairs, and laundry hookups in the basement.

A shared rear deck serves both units. The separate layouts and common outdoor space offer distinct living areas within one property.

Key Highlights

  • Two units, each with 3 bedrooms
  • One unit includes 2.5 bathrooms, a third‑floor loft, and a primary suite with walk‑in closet and Jacuzzi tub
  • Second unit has 1 full bathroom and central air

Property Analytics

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Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

567
Businesses Nearby

Demographics for 46205, IN

27,531
Population
14,756
Households
1.9
Avg Household Size
34
Median Age
51%
College-Educated
93%
High-School Grad
6.2 sq mi
ZIP Area
4,440
Density / Sq Mi
$65,756
Median Household Income
$48,138
Median Earnings
$1,087
Median Rent
$278,000
Median Home Value
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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 separate residences combine distinct interior layouts with a common outdoor deck.
Where is this duplex located?
The property is located at 4161 N Park Avenue Indianapolis, IN.
What is the asking price?
The asking price for this property is $485,000.
What are key features of this property?
This property features: Two units, each with 3 bedrooms; One unit includes 2.5 bathrooms, a third‑floor loft, and a primary suite with walk‑in closet and Jacuzzi tub; Second unit has 1 full bathroom and central air
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