Brick Duplex with
New
For Sale
$659,900
7315 S Meridian Street, Indianapolis, IN 46217
Residential Income, Indianapolis, IN
Property SizeContact for details
Lot Size0.65 Acres
Days on Market3
Property Features for 7315 S Meridian Street
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Bedrooms
6
Bathrooms
4
Full bathrooms
4
Rooms
Bathroom 4, Bedroom 2, Bathroom 2, Bathroom 1, Bathroom 3, Bedroom 5, Bedroom 3, Bedroom 6, Bedroom 4, Bedroom 1
Security features
Security System
Subdivision
Lancastershire
Lot features
Corner Lot, Curbs, Sidewalks, Street Lights, Not In Subdivision
Elementary school
Douglas MacArthur Elementary Sch
Middle school
Perry Meridian Middle School
High school
Perry Meridian High School
Elementary school district
Perry Township Schools
Middle school district
Perry Township Schools
High school district
Perry Township Schools
Directions
GPS Friendly
Standard status
Active
APN
491413103175000500
Lot size
0.65 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
Lancastershire Add L90 Ex .022Ac N Side
Tax Annual Amount
15240
Legal Description
Lancastershire Add L90 Ex .022Ac N Side
Utilities
Cooling system
Central Air
Building Details
Year built
1997
Floors in Building
1
Number of units
2
Building materials
Brick
Architectural style
Ranch
Buildings
1
Listing Agency:
Keller Williams Indpls Metro N · Keller Williams Realty
Listed By:
Derek Gutting · License #RB14024424
(317) 846-6300
Added: Oct 28
Changed: Oct 30
Last Checked: Oct 30 at 11:06AM
MLS# 22133662
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.
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Investment Insights
Based on property information with market context.
Built in 1997, this brick duplex pairs two ranch-style residences, each with an open layout and a sunroom. An interior doorway links the units. Each side offers 3 bedrooms, 2 bathrooms, a 2-car garage, and more than 2,000 square feet. Interior features include vaulted ceilings, hardwood flooring, updated bathrooms, refreshed paint, and updated lighting. Both units have new water heaters from 2026, with central air conditioning serving the property.
The property occupies 0.65 acres at 7315 S Meridian Street in Indianapolis, Indiana. Its connected residences can accommodate multigenerational living or occupancy of one side while renting the other.
The property occupies 0.65 acres at 7315 S Meridian Street in Indianapolis, Indiana. Its connected residences can accommodate multigenerational living or occupancy of one side while renting the other.
Key Highlights
- Two ranch‑style units connected by an interior doorway
- Each side has 3 bedrooms, 2 bathrooms, and a 2‑car garage
- More than 2,000 square feet per side
Property Analytics
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
207
Businesses Nearby
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Business Placement
Demographics for 46217, IN
34,725
Population
14,078
Households
2.5
Avg Household Size
35
Median Age
33%
College-Educated
89%
High-School Grad
21.2 sq mi
ZIP Area
1,638
Density / Sq Mi
$88,326
Median Household Income
$46,909
Median Earnings
$1,370
Median Rent
$226,100
Median Home Value
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Market
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Duplex - Two ranch-style residences share an interior connection, offering options for multigenerational occupancy or separate living arrangements.
Where is this duplex located?
The property is located at 7315 S Meridian Street Indianapolis, IN.
What is the asking price?
The asking price for this property is $659,900.
What are key features of this property?
This property features: Two ranch‑style units connected by an interior doorway; Each side has 3 bedrooms, 2 bathrooms, and a 2‑car garage; More than 2,000 square feet per side
