Renovated Duplex
For Sale
$262,500
8465 Bluff Rd, Indianapolis, IN 46217
Two duplex properties provide four occupied units and four separate garages with additional rental use.
Property Size17,773 SF
Price / SF$14.77
Days on Market8
Property Features for 8465 Bluff Rd
General Information
Standard status
Active
Size
17,773 SF
Property subtype
Multi-Family
Occupancy
100%
Additional Details
Multifamily Units
4
Building Details
Year Built
1976
Buildings
2
Listing Agency:
Mackenzie Allen, Polston & Ass
(317) 520-8980
Listed By:
Tony Reffeitt
(317) 520-8980
Source:
Realintegrity
Added: Aug 23
Changed: Aug 29
Last Checked: Aug 29 at 5:14PM
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 Mackenzie Allen, Polston & Ass
Investment Insights
Based on property information with market context.
This residential income property consists of two duplexes containing four units across 17,773 square feet, with all units currently rented. Three units have received interior updates including flooring, lighting, drywall, and paint. The improvements also include a roof and gutters installed in 2024, three replacement water heaters completed between 2023 and 2025, and new HVAC systems in two units. Electrical panels throughout the properties have been replaced and meet code requirements. The buildings were constructed in 1976 and are served by well and septic systems.
Four separate garages accompany the duplexes and are available for storage rental. The properties are located at 8465 Bluff Rd in Indianapolis, Indiana, and major systems and components are reported to be in good working order.
Four separate garages accompany the duplexes and are available for storage rental. The properties are located at 8465 Bluff Rd in Indianapolis, Indiana, and major systems and components are reported to be in good working order.
Key Highlights
- Four total residential units, all currently rented
- Two duplex properties totaling 17,773 square feet
- Four separate garages available for storage rental
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
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Frequently Asked Questions
What type of property is this?
Duplex - Two duplex properties provide four occupied units and four separate garages with additional rental use.
Where is this duplex located?
The property is located at 8465 Bluff Rd 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: Four total residential units, all currently rented; Two duplex properties totaling 17,773 square feet; Four separate garages available for storage rental
