Two-Unit Duplex with Full
For Sale
$129,900
4601 E 19th Street, Indianapolis, IN 46218
Both residences are occupied, with separate lease arrangements and tenant-paid gas and electricity.
Property SizeContact for details
Days on Market44
Property Features for 4601 E 19th Street
General Information
Standard status
Active
Property subtype
Residential Income
Occupancy
100%
Financials
Asking Price
$129,900
Gross Income
$14,100
Site & Location
Neighborhood
Martindale - Brightwood
Units
Unit Mix
1 x 2BR/1BA, 1 x 1BR/1BA
Multifamily Units
2
Additional Details
Tenant in Place
Yes
Building Details
Year Built
1950
Stories
1
Units
2
Listing Agency:
G. Martin Realty
(317) 807-1808
Listed By:
Greg Martin
(317) 345-4655
Source:
Gmartinrealty
Added: Sep 17
Changed: Oct 29
Last Checked: Oct 29 at 10:11PM
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 G. Martin Realty
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Investment Insights
Based on property information with market context.
This Indianapolis duplex contains two occupied apartments: one with two bedrooms and one bathroom, and another with one bedroom and one bathroom. A full basement provides additional storage or utility space. Stoves and refrigerators are supplied in both units, and the property is offered in as-is condition.
The larger apartment is leased through June 2027; the smaller apartment is occupied month-to-month. Tenants cover gas and electricity, while the owner pays water and sewer. The building dates to 1950 and has a roof approximately 2 years old, furnaces approximately 4-5 years old, siding approximately 6-8 years old, and replacement windows approximately 12 years old.
The larger apartment is leased through June 2027; the smaller apartment is occupied month-to-month. Tenants cover gas and electricity, while the owner pays water and sewer. The building dates to 1950 and has a roof approximately 2 years old, furnaces approximately 4-5 years old, siding approximately 6-8 years old, and replacement windows approximately 12 years old.
Key Highlights
- Two occupied units: one 2BR/1BA and one 1BR/1BA
- Full basement offers additional storage or utility space
- Larger unit lease runs through June 2027; smaller unit is month‑to‑month
Property Analytics
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Lease Details
2
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
286
Businesses Nearby
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Business Placement
Demographics for 46218, IN
30,400
Population
15,343
Households
2
Avg Household Size
36
Median Age
11%
College-Educated
80%
High-School Grad
9.5 sq mi
ZIP Area
3,200
Density / Sq Mi
$34,635
Median Household Income
$29,745
Median Earnings
$1,056
Median Rent
$90,200
Median Home Value
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Market
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Duplex - Both residences are occupied, with separate lease arrangements and tenant-paid gas and electricity.
Where is this duplex located?
The property is located at 4601 E 19th Street Indianapolis, IN.
What is the asking price?
The asking price for this property is $129,900.
What are key features of this property?
This property features: Two occupied units: one 2BR/1BA and one 1BR/1BA; Full basement offers additional storage or utility space; Larger unit lease runs through June 2027; smaller unit is month‑to‑month
