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Occupied Duplex with Full Basement
New
For Sale
$129,900

4601 E 19th Street, Indianapolis, IN 46218

Residential Income, Indianapolis, IN

Property SizeContact for details
Lot Size0.14 Acres
Days on Market2

Property Features for 4601 E 19th Street

General Information

Property type Residential Multi Family
Property subtype Duplex
Bedrooms 3
Bathrooms 2
Full bathrooms 2
Rooms Bedroom 2, Bathroom 1, Bedroom 3, Basement, Bathroom 2, Bedroom 1
Subdivision Glenridge
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 490733146009000101
Lot size 0.14 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description Glenridge 5th Sec L196
Tax Annual Amount 1648
Legal Description Glenridge 5th Sec L196

Building Details

Year built 1950
Floors in Building 1
Number of units 2
Listing Agency: No Limit Real Estate, LLC
Listed By: Charlene Gaard · License #RB14033327
Added: Sep 17 Last Checked: Sep 18 at 11:06PM
MLS# 22126505

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.

Built in 1950 on a 0.14-acre lot, this Indianapolis duplex contains a two-bedroom, one-bath unit and a one-bedroom, one-bath unit. Both residences are occupied, with the larger unit leased through June 2027 and the smaller unit operating on a month-to-month basis. A full basement adds utility and storage space.

The property includes stoves and refrigerators. Tenants are responsible for gas and electric, while ownership provides water and sewer service. Major building components have been updated at different times, including 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 property is offered as-is at 4601 E 19th Street in Indianapolis, Indiana.

Key Highlights

  • Two‑unit configuration with 2BR/1BA and 1BR/1BA residences
  • Both units currently occupied; one lease runs through June 2027
  • Second unit is leased on a month‑to‑month basis

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Skin Care Clinic Bakery Computer & Electronic Repair (Bike/Boat/Book/etc) Store

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

Lease Details

2
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

286
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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 - Both units are occupied, with tenant-paid gas and electric and owner-provided water, sewer, stoves, and refrigerators.
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‑unit configuration with 2BR/1BA and 1BR/1BA residences; Both units currently occupied; one lease runs through June 2027; Second unit is leased on a month‑to‑month basis
More about this property
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