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Full-Brick Duplex with Central Air
For Sale
$214,900
Pending

707-709 S Illinois Street, Arcadia, IN 46030

Residential Income, Arcadia, IN

Property SizeContact for details
Lot Size0.15 Acres
Days on Market51

Property Features for 707-709 S Illinois Street

General Information

Property type Residential Multi Family
Property subtype Duplex
Bedrooms 4
Bathrooms 2
Full bathrooms 2
Rooms Bathroom 1, Bathroom 2, Bedroom 3, Bedroom 4, Bedroom 2, Bedroom 1
Subdivision Arcadia Land & Improv Co
Elementary school Hamilton Heights Elementary School
Middle school Hamilton Heights Middle School
High school Hamilton Heights High School
Elementary school district Hamilton Heights School Corp
Middle school district Hamilton Heights School Corp
High school district Hamilton Heights School Corp
Directions GPS Friendly
Standard status Pending
APN 290224208048000009
Lot size 0.15 Acres

Additional Details

Tenant in Place Yes

Taxes and HOA fees

Tax Year 2025
Tax Description Acreage .00, Section 24, Township 20, Range 4, Arcadia Land & Improvement Co, Lot 340
Tax Annual Amount 3164
Legal Description Acreage .00, Section 24, Township 20, Range 4, Arcadia Land & Improvement Co, Lot 340

Utilities

Heating system Forced Air
Cooling system Central Air

Amenities

central AC
forced air
off street parking

Building Details

Year built 1972
Floors in Building 1
Number of units 2
Roof type Shingle
Buildings 1
Listing Agency: Keller Williams Indy Metro Partners · Keller Williams Realty
Listed By: Stuart Houghton · License #RB17002210
Added: Sep 15 Changed: Oct 23 Last Checked: Nov 4 at 1:06AM
MLS# 22126344

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.

Rey
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Investment Insights

Based on property information with market context.

This full-brick duplex contains two separate units, each arranged with 2 bedrooms and 1 full bath. Both units include central air conditioning and forced-air heating, with dedicated off-street parking on each side. The property also features a shingle roof and was built in 1972.

Set on a 0.15-acre lot at 707-709 S Illinois Street in Arcadia, Indiana, the building includes a large double parcel lot. The property is located in Hamilton County and offers a straightforward two-unit configuration for residential income ownership.

Key Highlights

  • Two‑unit duplex with 2 bedrooms and 1 full bath per unit
  • Full‑brick construction with a shingle roof
  • Central air conditioning and forced‑air heating

Property Analytics

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Lease Details

2
Residential units
100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

103
Businesses Nearby

Demographics for 46030, IN

3,161
Population
1,331
Households
2.4
Avg Household Size
41
Median Age
33%
College-Educated
92%
High-School Grad
33.1 sq mi
ZIP Area
95
Density / Sq Mi
$91,927
Median Household Income
$48,920
Median Earnings
$951
Median Rent
$226,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

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 - Two-unit residential property with private parking, forced-air heating, and a large parcel in Arcadia.
Where is this duplex located?
The property is located at 707-709 S Illinois Street Arcadia, IN.
What is the asking price?
The asking price for this property is $214,900.
What are key features of this property?
This property features: Two‑unit duplex with 2 bedrooms and 1 full bath per unit; Full‑brick construction with a shingle roof; Central air conditioning and forced‑air heating
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