Updated Duplex with Covered
For Sale
$425,000
642 E 54th St, Indianapolis, IN 46220
One unit is leased through January while the second is vacant and move-in ready.
Property SizeContact for details
Days on Market89
Property Features for 642 E 54th St
General Information
Standard status
Active
Property subtype
Residential Income
Additional Details
Multifamily Units
2
Building Details
Buildings
1
Listing Agency:
eXp Realty LLC
(716) 310-2444
Listed By:
Daniel Hubbard
(716) 310-2444
Source:
Exprealty
Added: Jun 5
Changed: Aug 31
Last Checked: Aug 31 at 12:36AM
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 eXp Realty LLC
Investment Insights
Based on property information with market context.
This duplex at 642 E 54th St includes two separate residences with individual entrances and double covered front porches. The 642 side has received extensive updates, including a newer HVAC system and water heater, while the vacant 644 side retains original hardwood floors and is ready for occupancy. A new roof was installed in December 2024, and each unit has private rear parking.
One residence is leased through January, providing an occupied unit, while the other is available for an owner-occupant or new tenant. The property sits just off College Avenue and 54th Street in Midtown Indianapolis, with access to restaurants, coffee shops, parks, entertainment, Downtown Indianapolis, Broad Ripple, and other northside destinations.
One residence is leased through January, providing an occupied unit, while the other is available for an owner-occupant or new tenant. The property sits just off College Avenue and 54th Street in Midtown Indianapolis, with access to restaurants, coffee shops, parks, entertainment, Downtown Indianapolis, Broad Ripple, and other northside destinations.
Key Highlights
- Duplex with separate entrances and double covered front porches
- 642 side features extensive updates, a newer HVAC system, and a newer water heater
- 644 side is vacant, move‑in ready, and retains original hardwood floors
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
581
Businesses Nearby
Explore this area
Business Placement
Demographics for 46220, IN
36,078
Population
17,524
Households
2.1
Avg Household Size
37
Median Age
67%
College-Educated
98%
High-School Grad
11.7 sq mi
ZIP Area
3,084
Density / Sq Mi
$103,735
Median Household Income
$58,867
Median Earnings
$1,330
Median Rent
$329,700
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
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Frequently Asked Questions
What type of property is this?
Duplex - One unit is leased through January while the second is vacant and move-in ready.
Where is this duplex located?
The property is located at 642 E 54th St Indianapolis, IN.
What is the asking price?
The asking price for this property is $425,000.
What are key features of this property?
This property features: Duplex with separate entrances and double covered front porches; 642 side features extensive updates, a newer HVAC system, and a newer water heater; 644 side is vacant, move‑in ready, and retains original hardwood floors
