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Updated Single-Story Duplex

833 N Gladstone Avenue Indianapolis, IN 46201

833 N Gladstone Avenue, Indianapolis, IN, 46201
$130,000
For Sale
$130,000

MULTI_FAMILY - Indianapolis, IN

Lot Size0.12 Acres
Days on Market302

Property Features for 833 N Gladstone Avenue

General Information

Property type
Residential Multi Family
Property subtype
Other
Rooms
Basement
Standard status
Active
APN
491004117019000101
Lot size
0.12 Acres

Taxes and HOA fees

Tax Year
2024
Tax Description
Mc Whirters E 10th St Add L76

Utilities

Cooling system
Separate Meters

Building Details

Year built
1930
Floors in Building
1
Number of units
2
Listing Agency Triple E Realty, LLC
Broad Ripple Ave #136 1075, Indianapolis, IN
Listed by Edwin Watson
Added: Sep 19, 2025 Checked: Jul 17 at 2:06 pm
MLS# 22063916 Listing URL

Copyright © 2026 MIBOR Service Corporation. 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 single-story duplex offers two residential units with a practical, easy-to-manage layout. The property is partially tenant occupied, and the vacant unit has been recently updated. Interior improvements include freshly painted walls, new carpeting in the bedroom, living room, and dining room, along with new LVP flooring in the kitchen and bathroom. Washer and dryer hookups are available in the basement for each unit. Parking is supported by street parking and dedicated rear parking, helping simplify resident access.

Located in Grace Tuxedo Park in Indianapolis, the property is described as minutes from downtown, local amenities, and nearby highways. The combination of residential parking options and an accessible area supports a straightforward living arrangement for current residents and prospective occupants.

For investors or owner-occupant buyers, the updated vacant unit provides a ready-to-rent option while the other unit is already in place. The recent interior refresh, paired with existing in-unit laundry hookups and dedicated rear parking, can help reduce turnover work for a new tenancy. Overall, this is a duplex configuration designed for long-term residential income and occupancy continuity.

Key Highlights

  • Single‑story duplex built in 1930 in Grace Tuxedo Park
  • Partially tenant occupied and generating immediate cash flow; historically cash flowing positive for 5 years
  • Recently updated vacant unit with freshly painted interior and new carpeting plus new LVP flooring in kitchen and bathroom

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Real Estate Agency Law Firm Dental Office Spa & Massage Center Skin Care Clinic Parking Lot & Garage Big Box & Wholesale Store Electrical Service Computer & Electronic Repair Gym & Fitness Center

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Duplex - Partially tenant-occupied duplex with newly updated interiors and in-basement washer/dryer hookups.
Where is this duplex located?
The property is located at 833 N Gladstone Avenue Indianapolis, IN.
What is the asking price?
The asking price for this property is $130,000.
What are key features of this property?
This property features: Single‑story duplex built in 1930 in Grace Tuxedo Park; Partially tenant occupied and generating immediate cash flow; historically cash flowing positive for 5 years; Recently updated vacant unit with freshly painted interior and new carpeting plus new LVP flooring in kitchen and bathroom
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