Craftsman Duplex with Updated
For Sale
$295,000
641 E 31st Street, Indianapolis, IN 46205
Residential Income, Indianapolis, IN
Property SizeContact for details
Lot Size0.06 Acres
Days on Market36
Property Features for 641 E 31st Street
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Rooms
Basement
Parking features
Alley
Subdivision
Boulevard Square
Lot features
Access, Curbs, Sidewalks, Street Lights
Elementary school district
Indianapolis Public Schools
Middle school district
Indianapolis Public Schools
High school district
Indianapolis Public Schools
Directions
College Avenue to 31st St, West to property on left.
Standard status
Active
APN
490624138166000101
Lot size
0.06 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
Boulevard Square E1/2 L164
Legal Description
Boulevard Square E1/2 L164
Utilities
Heating system
Natural Gas, Forced Air
Cooling system
Separate Meters
Building Details
Year built
1915
Floors in Building
2
Number of units
2
Building materials
Vinyl Siding, Vinyl With Stone
Architectural style
Split Level, Craftsman
Listing Agency:
Matlock Realty Group
(317) 538-1498
Listed By:
Marty Matlock · License #RB14033952
(317) 538-1494
Added: Jul 31
Changed: Sep 2
Last Checked: Sep 4 at 8:06PM
MLS# 22112637
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.
Built in 1915, this Craftsman-style duplex offers two separate residences, each with three bedrooms and one and a half bathrooms. Both units feature solid-surface flooring, spacious living areas, and main-level kitchens described as upgraded. The bedrooms are positioned upstairs, with room sizes described as spacious, and the property also includes a basement. Vinyl siding with stone accents, forced-air natural gas heating, and alley parking are among the existing property features.
One unit is vacant, while the second is scheduled to become vacant by September 15th. The property sits on a 0.06-acre lot in Indianapolis, with access to downtown and nearby amenities noted in the listing information. Separate meters are identified under the cooling features.
One unit is vacant, while the second is scheduled to become vacant by September 15th. The property sits on a 0.06-acre lot in Indianapolis, with access to downtown and nearby amenities noted in the listing information. Separate meters are identified under the cooling features.
Key Highlights
- Duplex with 3 bedrooms and 1 1/2 bathrooms on each side
- Unit A is vacant; Unit B will be vacant by September 15th
- Solid‑surface flooring throughout both residences
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
440
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 - Each side includes three bedrooms, one and a half bathrooms, and solid-surface flooring.
Where is this duplex located?
The property is located at 641 E 31st Street Indianapolis, IN.
What is the asking price?
The asking price for this property is $295,000.
What are key features of this property?
This property features: Duplex with 3 bedrooms and 1 1/2 bathrooms on each side; Unit A is vacant; Unit B will be vacant by September 15th; Solid‑surface flooring throughout both residences
