Two-Unit Duplex with Front
For Lease
$309,900
Pending
5164 Winthrop Avenue, Indianapolis, IN 46205
Two leased units include unfinished basement storage and adaptable interior space.
Space SizeContact for details
Days on Market20
Property Features for 5164 Winthrop Avenue
General Information
Standard status
Pending
Property subtype
Commercial
Building Details
Year Built
1940
Listing Agency:
Bif Ward Real Estate Group
Listed By:
Bif Ward
(317) 580-7871
Source:
Bifward
Added: Aug 15
Changed: Aug 29
Last Checked: Sep 2 at 1:12PM
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 Bif Ward Real Estate Group
Investment Insights
Based on property information with market context.
Built in 1940, this duplex contains two residential units with separate front-porch areas. Each unit provides a living room, adaptable adjoining space, kitchen access to an unfinished basement, and a full bathroom. The basement areas add storage capacity, while the porch configuration gives each residence its own outdoor area.
The property is located at 5164 Winthrop Avenue in Indianapolis, Indiana. Both units are leased: Unit 5164 has a lease running through May 2027, and Unit 5166 is leased through December 2026. Existing tenancy provides an established operating structure for the property.
The property is located at 5164 Winthrop Avenue in Indianapolis, Indiana. Both units are leased: Unit 5164 has a lease running through May 2027, and Unit 5166 is leased through December 2026. Existing tenancy provides an established operating structure for the property.
Key Highlights
- Two‑unit duplex built in 1940
- Separate front‑porch areas for each unit
- Each unit includes a living room, flexible adjoining space, kitchen, and full bathroom
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
657
Businesses Nearby
Explore this area
Business Placement
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
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Two leased units include unfinished basement storage and adaptable interior space.
Where is this duplex located?
The property is located at 5164 Winthrop Avenue Indianapolis, IN.
What is the lease rate?
The lease rate is $309,900.
What are key features of this property?
This property features: Two‑unit duplex built in 1940; Separate front‑porch areas for each unit; Each unit includes a living room, flexible adjoining space, kitchen, and full bathroom
