Search
Two-Story Duplex with Porch
New
For Sale
$240,000

818-820 N Drexel Ave, Indianapolis, IN 46201

A basement adds flexible space, and the two-unit layout allows an owner to occupy one side while renting the other.

Property Size4,372 SF
Lot Size0.10 Acres
Price / SF$54.89
Days on Market5

Property Features for 818-820 N Drexel Ave

General Information

Standard status Active
Size 4,372 SF
Lot size 0.10 Acres
Property subtype Multi-Family

Site & Location

Neighborhood Near Eastside

Additional Details

Multifamily Units 2

Building Details

Year Built 1925
Stories 2
Listing Agency: Springer Real Estate Co
Listed By: Tony Reffeitt
Source: Realintegrity
Added: Oct 24 Changed: Oct 27 Last Checked: Oct 28 at 7:34AM

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 Springer Real Estate Co

Rey
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

Built in 1925, this two-story duplex contains 1,976 square feet of living space on a 4,372-square-foot lot. A front porch provides an outdoor transition at the entry, while the basement adds space for storage or other uses. The two-unit property can be used as a rental or arranged for owner occupancy in one side with the other side rented.

Key Highlights

  • Two‑unit duplex built in 1925
  • 1,976 square feet of living space
  • Sited on a 4,372‑square‑foot lot

Property Analytics

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

558
Businesses Nearby

Demographics for 46201, IN

31,408
Population
17,145
Households
1.8
Avg Household Size
34
Median Age
26%
College-Educated
78%
High-School Grad
5.6 sq mi
ZIP Area
5,609
Density / Sq Mi
$43,183
Median Household Income
$36,951
Median Earnings
$929
Median Rent
$150,600
Median Home Value

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 - A basement adds flexible space, and the two-unit layout allows an owner to occupy one side while renting the other.
Where is this duplex located?
The property is located at 818-820 N Drexel Ave Indianapolis, IN.
What is the asking price?
The asking price for this property is $240,000.
What are key features of this property?
This property features: Two‑unit duplex built in 1925; 1,976 square feet of living space; Sited on a 4,372‑square‑foot lot
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

Ask Rey → ChatGPT Grok Claude
Preferred Make Realmo a preferred source.

Our comps and market reports get this label in your Google results.

Add as a preferred source on Google One click on Google
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message
Why this one?
Saved