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Remodeled Three-Story Duplex
For Sale
$465,000
Pending

4726 N College Avenue, Indianapolis, IN 46205

Residential Income, Indianapolis, IN

Property SizeContact for details
Lot Size0.20 Acres
Days on Market77

Property Features for 4726 N College Avenue

General Information

Property type Residential Multi Family
Property subtype Duplex
Bedrooms 6
Bathrooms 4
Full bathrooms 4
Rooms Bedroom 1, Bedroom 2, Bathroom 1, Basement, Bedroom 3, Bedroom 6, Bedroom 5, Bathroom 3, Bathroom 2, Bathroom 4, Bedroom 4
Parking features Alley, Carport
Exterior features Lighting
Basement Full, Storage Space, Unfinished
Subdivision Silas H Johnson
Lot features Access, Busline, City Lot, Curbs, Sidewalks, Street Lights
Elementary school district Indianapolis Public Schools
Middle school district Indianapolis Public Schools
High school district Indianapolis Public Schools
Directions GPS Friendly
Standard status Pending
APN 490612227014000801
Lot size 0.20 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description Silas H Johnson's College Ave Add 50' S Side L6
Tax Annual Amount 8494
Legal Description Silas H Johnson's College Ave Add 50' S Side L6

Utilities

Heating system Natural Gas, Forced Air
Cooling system Central Air

Amenities

private yard

Building Details

Year built 1925
Floors in Building 3
Number of units 2
Building materials Vinyl Siding
Roof type Asphalt
Architectural style Other
Listing Agency: D. Braun & Company
Listed By: Daniel Braun
Added: Aug 1 Changed: Oct 16 Last Checked: Oct 16 at 3:06PM
MLS# 22117567

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.

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Investment Insights

Based on property information with market context.

Built in 1925, this three-story duplex contains two residences, each with 3 bedrooms and 1.5 baths. Both units have undergone extensive remodeling while retaining the building’s historic architectural character. Updated kitchens include stainless steel appliances and contemporary finishes, complemented by living areas, basements, and private yard space.

The property occupies an 8,668-square-foot lot at 4726 N College Avenue in Indianapolis. Each unit includes a 1-car garage and 1-car carport, while additional property features include alley access, vinyl siding, an asphalt roof, natural gas forced-air heating, and central air conditioning.

Key Highlights

  • Two‑unit, three‑story duplex built in 1925
  • Each unit includes 3 Bedrooms and 1.5 Baths
  • 8,668‑square‑foot lot with private yard

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Auto Repair Shop Pharmacy HVAC Service Dental Office Computer & Electronic Repair Building Supply

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

534
Businesses Nearby

Demographics for 46205, IN

27,531
Population
14,756
Households
1.9
Avg Household Size
34
Median Age
51%
College-Educated
93%
High-School Grad
6.2 sq mi
ZIP Area
4,440
Density / Sq Mi
$65,756
Median Household Income
$48,138
Median Earnings
$1,087
Median Rent
$278,000
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

Frequently Asked Questions

What type of property is this?
Duplex - Updated two-unit property with private outdoor space, central air, and parking for each residence.
Where is this duplex located?
The property is located at 4726 N College Avenue Indianapolis, IN.
What is the asking price?
The asking price for this property is $465,000.
What are key features of this property?
This property features: Two‑unit, three‑story duplex built in 1925; Each unit includes 3 Bedrooms and 1.5 Baths; 8,668‑square‑foot lot with private yard
More about this property
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