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Two-Unit Residential Duplex

623 Eugene Street, Indianapolis, IN 46208

For Sale
$179,994

The property pairs two-bedroom apartments with the option to occupy one unit and rent the other.

Property SizeContact for details
Days on Market156

Property Features for 623 Eugene Street

General Information

Standard status Active
Property subtype Residential Income

Site & Location

Neighborhood Crown Hill

Additional Details

Multifamily Units 2

Building Details

Year Built 1919
Stories 2
Units 2
Listing Agency: Knight Realty Group
Listed By: Gary Beresford
Source: Karenlewisrealty
Added: Jun 12 Changed: Nov 13 Last Checked: Nov 13 at 4:20AM

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 Knight Realty Group

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Investment Insights

Based on property information with market context.

This Indianapolis duplex dates to 1919 and contains two apartments, each with two bedrooms, one bathroom, and approximately 1,300 square feet of living area. The layout allows an owner to reside in one apartment while leasing the second, or to operate both as rental units.

The property is located in Indianapolis, near downtown. Its two-unit configuration and substantial apartment layouts are the defining features of the offering.

Key Highlights

  • Two apartments, each with 2 bedrooms and 1 bathroom
  • Approximately 1,300 square feet of living space in each unit
  • Built in 1919

Property Analytics

Who owns this building? See the owner, sales and loan history
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Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

360
Businesses Nearby

Demographics for 46208, IN

23,996
Population
11,619
Households
2.1
Avg Household Size
31
Median Age
40%
College-Educated
93%
High-School Grad
6.9 sq mi
ZIP Area
3,478
Density / Sq Mi
$55,435
Median Household Income
$34,125
Median Earnings
$1,075
Median Rent
$206,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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 property pairs two-bedroom apartments with the option to occupy one unit and rent the other.
Where is this duplex located?
The property is located at 623 Eugene Street Indianapolis, IN.
What is the asking price?
The asking price for this property is $179,994.
What are key features of this property?
This property features: Two apartments, each with 2 bedrooms and 1 bathroom; Approximately 1,300 square feet of living space in each unit; Built in 1919
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