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Two-Unit Duplex
For Sale
$166,900

4614 E 16th Street, Indianapolis, IN 46201

Residential Income, Indianapolis, IN

Property SizeContact for details
Lot Size0.13 Acres
Days on Market34

Property Features for 4614 E 16th Street

General Information

Property type Residential Multi Family
Property subtype Duplex
Bedrooms 1
Bathrooms 1
Full bathrooms 1
Rooms Bedroom 1, Bathroom 1, Basement
Subdivision Bigneys
Elementary school district Indianapolis Public Schools
Middle school district Indianapolis Public Schools
High school district Indianapolis Public Schools
Directions Emerson Avenue I-70 exit is a convenient quick access to the Little Flower Neighborhood.
Standard status Active
APN 490733177152000101
Lot size 0.13 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description Bigneys Sub Wash Black Admrs Sub 20Ft W Sidel179 & 30Ft E Side L180 Ex 45Ft N End
Tax Annual Amount 1932
Legal Description Bigneys Sub Wash Black Admrs Sub 20Ft W Sidel179 & 30Ft E Side L180 Ex 45Ft N End

Utilities

Heating system Natural Gas

Building Details

Year built 1958
Floors in Building 1
Number of units 2
Roof type Shingle
Listing Agency: Listwithfreedom.com
Listed By: Joseph Wootan · License #BRO-99919
Added: Aug 30 Changed: Sep 16 Last Checked: Oct 2 at 11:06AM
MLS# 22123260

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 duplex contains two residential units and has an established rental history, providing an existing income-producing configuration for continued rental use. The property was built in 1958 and includes a basement, bedroom, and bathroom areas. Natural gas heating and a shingle roof serve the structure.

The property occupies 0.13 acres at 4614 E 16th Street in Indianapolis, within Marion County and ZIP Code 46201. Its two-unit layout and documented rental history define the asset’s primary operating profile.

Key Highlights

  • Two residential units with established rental history
  • 0.13‑acre property at 4614 E 16th Street, Indianapolis, IN 46201
  • Built in 1958

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Skin Care Clinic Electrical Service Computer & Electronic Repair

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

Location Intelligence

Trade Area within ½ mile

439
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
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Established rental history and income-producing use in Indianapolis, Indiana.
Where is this duplex located?
The property is located at 4614 E 16th Street Indianapolis, IN.
What is the asking price?
The asking price for this property is $166,900.
What are key features of this property?
This property features: Two residential units with established rental history; 0.13‑acre property at 4614 E 16th Street, Indianapolis, IN 46201; Built in 1958
More about this property
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