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2-Unit Duplex with Separate Entrances
For Sale
$225,000

713 Reed Street, Columbus, IN 47201

The lower residence includes basement access and a washer and dryer; rear parking is accessed from the alley.

Property SizeContact for details
Days on Market162

Property Features for 713 Reed Street

General Information

Standard status Active
Property subtype Residential Income

Building Details

Year Built 1900
Stories 2
Units 2
Listing Agency: Carpenter, REALTORSÂ
Listed By: Rusty Downey
Source: Gmartinrealty
Added: May 18 Changed: Oct 25 Last Checked: Oct 26 at 4:04AM

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 Carpenter, REALTORSÂ

Rey
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Investment Insights

Based on property information with market context.

This two-unit residential property contains a one-bedroom, one-bathroom lower apartment and an upper apartment with two bedrooms and one bathroom. The upper residence has its own side entrance and is vacant. The lower unit retains early-1900s details and has basement access, where a washer and dryer are located. A new roof and siding were completed in 2025.

Rear parking is available from the alley. Tenants cover gas and electric service, while the owner pays water and sewer. The building was constructed in 1900.

Key Highlights

  • Two apartments: lower unit has 1 bedroom and 1 bathroom; upper unit has 2 bedrooms and 1 bathroom
  • Roof and siding updated in 2025
  • Upper apartment is vacant and has a separate side entrance

Property Analytics

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Location Intelligence

Trade Area within ½ mile

1,110
Businesses Nearby

Demographics for 47201, IN

45,969
Population
20,924
Households
2.2
Avg Household Size
36
Median Age
36%
College-Educated
92%
High-School Grad
201.2 sq mi
ZIP Area
228
Density / Sq Mi
$82,667
Median Household Income
$46,243
Median Earnings
$1,159
Median Rent
$217,600
Median Home Value
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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 - The lower residence includes basement access and a washer and dryer; rear parking is accessed from the alley.
Where is this duplex located?
The property is located at 713 Reed Street Columbus, IN.
What is the asking price?
The asking price for this property is $225,000.
What are key features of this property?
This property features: Two apartments: lower unit has 1 bedroom and 1 bathroom; upper unit has 2 bedrooms and 1 bathroom; Roof and siding updated in 2025; Upper apartment is vacant and has a separate side entrance
More about this property
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