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Renovated Duplex with Basements
New
For Sale
$260,000

802 Udell Street, Indianapolis, IN 46208

Residential Income, Indianapolis, IN

Property SizeContact for details
Lot Size0.03 Acres
Days on Market6

Property Features for 802 Udell Street

General Information

Property type Residential Multi Family
Property subtype Duplex
Bedrooms 5
Bathrooms 2
Full bathrooms 2
Rooms Bedroom 2, Bathroom 1, Bedroom 4, Bathroom 2, Bedroom 1, Bedroom 3, Bedroom 5
Subdivision Burtons N Indpls
Elementary school district Indianapolis Public Schools
Middle school district Indianapolis Public Schools
High school district Indianapolis Public Schools
Directions GPS Friendly
Standard status Active
APN 490626183010000101
Lot size 0.03 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description 802 Udell St Condos Condominiums Unit A
Tax Annual Amount 6236
Legal Description 802 Udell St Condos Condominiums Unit A

Utilities

Heating system Heat Pump (Heating)
Cooling system Heat Pump, Ductless

Building Details

Year built 1920
Number of units 2
Building materials Shingle Siding
Listing Agency: The Modglin Group
Listed By: Ely Berger · License #RB25001754
Added: Sep 8 Changed: Sep 12 Last Checked: Sep 13 at 3:06AM
MLS# 22124804

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.

This duplex, built in 1920, contains two renovated units with five bedrooms and two full bathrooms per side. The combined layout provides 10 bedrooms and 4 bathrooms, while unfinished basements add storage space to each unit. Interior updates include modern finishes and functional floor plans. The property has shingle siding, heat-pump heating, and cooling through heat-pump and ductless systems.

Set on a 0.03-acre lot at 802 Udell Street in Indianapolis, the property is suited to an owner-occupant arrangement or continued use as a two-unit residential income property. Both units are described as move-in/rent-ready, with one unit available for personal occupancy and the other for income generation.

Key Highlights

  • Two‑unit duplex with 10 total bedrooms and 4 bathrooms
  • Each unit includes 5 bedrooms and 2 full bathrooms
  • Recently renovated interiors with modern finishes

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Dental Office Law Firm HVAC Service Hair Salon Gym & Fitness Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

324
Businesses Nearby

Demographics for 46208, IN

23,996
Population
11,619
Households
2.1
Avg Household Size
31
Median Age
40%
College-Educated
93%
High-School Grad
6.9 sq mi
ZIP Area
3,478
Density / Sq Mi
$55,435
Median Household Income
$34,125
Median Earnings
$1,075
Median Rent
$206,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Duplex - Two updated units offer flexible residential income use with unfinished basement storage and modern interior finishes.
Where is this duplex located?
The property is located at 802 Udell Street Indianapolis, IN.
What is the asking price?
The asking price for this property is $260,000.
What are key features of this property?
This property features: Two‑unit duplex with 10 total bedrooms and 4 bathrooms; Each unit includes 5 bedrooms and 2 full bathrooms; Recently renovated interiors with modern finishes
More about this property
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