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Duplex with Full Basements

5021 University, Indianapolis, IN 46201

For Sale
$282,500

The two residences offer distinct bedroom layouts, finished family rooms, and enclosed rear seasonal rooms.

Property SizeContact for details
Days on Market105

Property Features for 5021 University

General Information

Standard status Active
Property subtype Residential Income

Site & Location

Neighborhood Christian Park

Units

Unit Mix 1 x 3BR, 1 x 1BR
Multifamily Units 2

Building Details

Year Built 1948
Units 2
Listing Agency: Priority One Realty
Listed By: Joseph Cirillo
Source: Battsrealestategroup
Added: Aug 2 Changed: Nov 7 Last Checked: Nov 13 at 6:16PM

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 Priority One Realty

Rey
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Investment Insights

Based on property information with market context.

This 1948 duplex contains two units with different layouts. One side has three bedrooms, including two upstairs; the other has one bedroom and a formal dining room. Each unit includes a full basement with a family room, along with a rear room suited to seasonal use. Interior updates include cabinets, flooring, and paint. Inspection-related issues have been corrected.

The property is in Indianapolis, adjacent to the Irvington area and near Howe High School, west of Emerson Avenue.

Key Highlights

  • Two‑unit property built in 1948
  • Three‑bedroom unit with two bedrooms upstairs
  • Second unit includes one bedroom and a formal dining room

Property Analytics

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Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

423
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
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Market

Properties on Market for Duplexes in Indianapolis

Jul
Aug
Sep
Oct

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 - The two residences offer distinct bedroom layouts, finished family rooms, and enclosed rear seasonal rooms.
Where is this duplex located?
The property is located at 5021 University Indianapolis, IN.
What is the asking price?
The asking price for this property is $282,500.
What are key features of this property?
This property features: Two‑unit property built in 1948; Three‑bedroom unit with two bedrooms upstairs; Second unit includes one bedroom and a formal dining room
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