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Duplex with Month-to-Month Tenancy
For Sale
$134,900

43 - 45 S Chester Ave, Indianapolis, IN 46201

Two-unit property with one side occupied by a month-to-month renter and potential for owner occupancy.

Property Size5,924 SF
Price / SF$22.77
Days on Market34

Property Features for 43 - 45 S Chester Ave

General Information

Standard status Active
Size 5,924 SF
Property subtype Multi-Family

Building Details

Year Built 1932
Listing Agency: Keller Williams Indy Metro Partners
Listed By: Tony Reffeitt
Source: Realintegrity
Added: Jul 29 Changed: Aug 31 Last Checked: Aug 31 at 2:57PM

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 Keller Williams Indy Metro Partners

Investment Insights

Based on property information with market context.

This duplex at 43 - 45 S Chester Ave in Indianapolis includes a month-to-month renter in one side, providing an existing occupancy arrangement for a new owner. The property was built in 1932 and may accommodate an owner-occupant seeking to live in one unit while retaining the other side as part of the property’s residential income setup.

Key Highlights

  • Duplex configuration with two residential units
  • One side occupied by a month‑to‑month renter
  • Owner‑occupant use is identified as a potential fit

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office Spa & Massage Center Big Box & Wholesale Store Skin Care Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

408
Businesses Nearby

Demographics for 46201, IN

31,408
Population
17,145
Households
1.8
Avg Household Size
34
Median Age
26%
College-Educated
78%
High-School Grad
5.6 sq mi
ZIP Area
5,609
Density / Sq Mi
$43,183
Median Household Income
$36,951
Median Earnings
$929
Median Rent
$150,600
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 - Two-unit property with one side occupied by a month-to-month renter and potential for owner occupancy.
Where is this duplex located?
The property is located at 43 - 45 S Chester Ave Indianapolis, IN.
What is the asking price?
The asking price for this property is $134,900.
What are key features of this property?
This property features: Duplex configuration with two residential units; One side occupied by a month‑to‑month renter; Owner‑occupant use is identified as a potential fit
More about this property
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