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Duplex With Central Air
For Sale
$134,900

43 - 45 S Chester Avenue, Indianapolis, IN 46201

Residential Income, Indianapolis, IN

Property SizeContact for details
Lot Size0.14 Acres
Days on Market48

Property Features for 43 - 45 S Chester Avenue

General Information

Property type Residential Multi Family
Property subtype Duplex
Rooms Basement
Subdivision Finks
Elementary school district Indianapolis Public Schools
Middle school district Indianapolis Public Schools
High school district Indianapolis Public Schools
Directions GPS Friendly
Standard status Active
APN 491004105003000101
Lot size 0.14 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description Finks Resub L11
Legal Description Finks Resub L11

Utilities

Heating system Forced Air
Cooling system Central Air

Building Details

Year built 1932
Number of units 2
Listing Agency: Greentree Real Estate Group
Listed By: T. Andrew Crouch · License #RB14049981
Added: Jul 27 Changed: Aug 28 Last Checked: Sep 12 at 3:06PM
MLS# 22116673

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 two-unit residential property was built in 1932 and includes a basement, forced-air heating, and central air conditioning. One side is occupied by a long-term, month-to-month tenant, providing an existing rental arrangement for the next owner.

The property sits on a 0.14-acre lot at 43–45 S Chester Avenue in Indianapolis, Indiana, within ZIP Code 46201. Its duplex configuration offers separate residential sides within one building, while the basement and established mechanical systems add functional support to the property.

Key Highlights

  • Duplex configuration with two residential sides
  • One side occupied by a long‑term, month‑to‑month tenant
  • Built in 1932

Property Analytics

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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
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
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Frequently Asked Questions

What type of property is this?
Duplex - Two-unit property with a basement, forced-air heat, and central air.
Where is this duplex located?
The property is located at 43 - 45 S Chester Avenue 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 sides; One side occupied by a long‑term, month‑to‑month tenant; Built in 1932
More about this property
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