Brick Side-by-Side
New
For Sale
$199,000
5023 S Walcott Street, Indianapolis, IN 46227
Residential Income, Indianapolis, IN
Property SizeContact for details
Lot Size0.67 Acres
Days on Market2
Property Features for 5023 S Walcott Street
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Bedrooms
2
Bathrooms
1
Full bathrooms
1
Rooms
Bedroom 2, Bathroom 1, Bedroom 1
Exterior features
Storage Shed
Subdivision
No Subdivision
Lot features
Mature Trees
Elementary school district
Perry Township Schools
Middle school district
Perry Township Schools
High school district
Perry Township Schools
Directions
GPS Friendly
Standard status
Active
APN
491506133008000500
Lot size
0.67 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
Pt W1/2 Ne1/4 S6 T14 R4 Beg 645Ft W & 951.92Ft Nse Cor N 90Ft E 322.5Ft S 90Ft W 322.5Ft To Beg0.67Ac Peter Stuck Ptn Pt Tr4
Tax Annual Amount
4356
Legal Description
Pt W1/2 Ne1/4 S6 T14 R4 Beg 645Ft W & 951.92Ft Nse Cor N 90Ft E 322.5Ft S 90Ft W 322.5Ft To Beg0.67Ac Peter Stuck Ptn Pt Tr4
Utilities
Heating system
Forced Air
Cooling system
Central Air
Amenities
covered front porches
private backyard storage sheds
communal fire pit
Building Details
Year built
1969
Floors in Building
1
Number of units
2
Building materials
Brick
Roof type
Asphalt
Architectural style
Ranch
Additional Structures
Storage
Listing Agency:
Keller Williams Indpls Metro N · Keller Williams Realty
(317) 846-6300
Listed By:
Peter Stewart · License #RB15000083
(317) 450-9202
Added: Oct 6
Last Checked: Oct 7 at 5:06AM
MLS# 22128100
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 1969 brick duplex contains two matching residences, each with 2 bedrooms, 1 bathroom, and 879 square feet. Both units have eat-in kitchens, laundry rooms, central heat and air conditioning, and covered front porches. Long concrete driveways serve the property, and each unit has a private backyard storage shed. The two residences are tenant occupied, with leases extending through summer 2027.
The duplex occupies a 0.67-acre lot in Indianapolis. City water and septic serve the property, and there is no HOA. Tenants pay their separately metered utilities and handle lawn care. The property is within 10 minutes of Roncalli High School, UIndy, and shopping and dining along US 31 and Madison Avenue, and about 15 minutes from downtown Indianapolis.
The duplex occupies a 0.67-acre lot in Indianapolis. City water and septic serve the property, and there is no HOA. Tenants pay their separately metered utilities and handle lawn care. The property is within 10 minutes of Roncalli High School, UIndy, and shopping and dining along US 31 and Madison Avenue, and about 15 minutes from downtown Indianapolis.
Key Highlights
- Two‑unit brick duplex with matching 2‑bedroom, 1‑bath residences
- Each unit measures 879 square feet
- 0.67‑acre lot with long concrete driveways and private storage sheds
Property Analytics
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
303
Businesses Nearby
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Business Placement
Demographics for 46227, IN
62,126
Population
26,411
Households
2.4
Avg Household Size
33
Median Age
21%
College-Educated
83%
High-School Grad
16.7 sq mi
ZIP Area
3,720
Density / Sq Mi
$50,993
Median Household Income
$35,591
Median Earnings
$994
Median Rent
$192,600
Median Home Value
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Market
Vacancy Rate% for Multifamily in Midwest region
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Frequently Asked Questions
What type of property is this?
Duplex - Each of the two mirrored residences has two bedrooms, one bath, and separately metered utilities.
Where is this duplex located?
The property is located at 5023 S Walcott Street Indianapolis, IN.
What is the asking price?
The asking price for this property is $199,000.
What are key features of this property?
This property features: Two‑unit brick duplex with matching 2‑bedroom, 1‑bath residences; Each unit measures 879 square feet; 0.67‑acre lot with long concrete driveways and private storage sheds
