Rented Duplex Portfolio with
New
For Sale
$262,500
8445 Bluff Road, Indianapolis, IN 46217
Residential Income, Indianapolis, IN
Property SizeContact for details
Lot Size0.41 Acres
Days on Market3
Property Features for 8445 Bluff Road
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Subdivision
No Subdivision
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
491421121012000500
Lot size
0.41 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
Pt Se1/4 Ne1/4 S21 T14 R3 Beg 361.48' N & 670.86' W Of Se Cor P.O.B. Sw105.82' W215.36' Ne106.41' E214.34' To Beg .407 Ac
Legal Description
Pt Se1/4 Ne1/4 S21 T14 R3 Beg 361.48' N & 670.86' W Of Se Cor P.O.B. Sw105.82' W215.36' Ne106.41' E214.34' To Beg .407 Ac
Utilities
Heating system
Electric (Heating)
Cooling system
Central Air
Building Details
Year built
1976
Floors in Building
1
Number of units
2
Building materials
Brick
Roof type
Shingle
Architectural style
Ranch
Listing Agency:
PHT Holdings LLC · Realty ONE Group
(317) 286-6588
Listed By:
Justin Perrey
(317) 286-6588
Added: Aug 21
Last Checked: Aug 23 at 2:06AM
MLS# 22120485
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 residential income property consists of two duplex buildings containing four units, all currently rented. Four separate garages provide additional storage-rental potential. The improvements include brick construction, ranch-style layouts, electric heat, central air, and shingle roofing. Three units have been updated with new flooring, lighting, drywall, and interior paint.
A new roof and gutters were installed in 2024, while three units received new water heaters between 2023 and 2025. Two units have new HVAC systems, and all electrical panels have been replaced and brought up to code. The buildings are serviced by well and septic systems, with major components reported in good working order. Built in 1976, the property occupies 0.41 acres at 8445 Bluff Road in Indianapolis, Indiana.
A new roof and gutters were installed in 2024, while three units received new water heaters between 2023 and 2025. Two units have new HVAC systems, and all electrical panels have been replaced and brought up to code. The buildings are serviced by well and septic systems, with major components reported in good working order. Built in 1976, the property occupies 0.41 acres at 8445 Bluff Road in Indianapolis, Indiana.
Key Highlights
- Two duplex buildings with 4 total residential units, all currently rented
- Four separate garages available for storage rental
- Three of 4 units renovated with new flooring, lighting, drywall, and interior paint
Property Analytics
Property Profile
Current Use
Lease Details
4
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
59
Businesses Nearby
Explore this area
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
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Well-maintained residential income property with leased units, storage garages, and recent system upgrades.
Where is this duplex located?
The property is located at 8445 Bluff Road Indianapolis, IN.
What is the asking price?
The asking price for this property is $262,500.
What are key features of this property?
This property features: Two duplex buildings with 4 total residential units, all currently rented; Four separate garages available for storage rental; Three of 4 units renovated with new flooring, lighting, drywall, and interior paint
