Renovated Duplex
For Sale
$262,500
8465 Bluff Road, Indianapolis, IN 46217
Residential Income, Indianapolis, IN
Property SizeContact for details
Lot Size0.41 Acres
Days on Market22
Property Features for 8465 Bluff Road
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Bedrooms
2
Bathrooms
1
Full bathrooms
1
Rooms
Bedroom 1, Bathroom 1, Bedroom 2
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
491421121011000500
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 & 105.82' Sw Of Se Cor P.O.B. Sw106.91' W214.34' Ne106.34' E215.36' To Beg.408Ac
Tax Annual Amount
5580
Legal Description
Pt Se1/4 Ne1/4 S21 T14 R3 Beg 361.48' N 670.86' W & 105.82' Sw Of Se Cor P.O.B. Sw106.91' W214.34' Ne106.34' E215.36' To Beg.408Ac
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
Listed By:
Justin Perrey
(317) 286-6588
Added: Aug 21
Changed: Sep 5
Last Checked: Sep 11 at 8:06PM
MLS# 22120492
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 offering comprises two duplex properties with four residential units, all currently rented, plus four separate garages that can be leased for storage. The buildings were constructed in 1976 with brick exteriors, ranch-style layouts, shingle roofs, electric heat, and central air conditioning. Both properties are served by well and septic systems.
Three units have received renovations including flooring, lighting, drywall, and interior paint. The roof and gutters were replaced 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. Major systems are reported to be in good working order, and the septic system was pumped in 2026. The properties occupy approximately 0.41 acres in Indianapolis, Indiana.
Three units have received renovations including flooring, lighting, drywall, and interior paint. The roof and gutters were replaced 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. Major systems are reported to be in good working order, and the septic system was pumped in 2026. The properties occupy approximately 0.41 acres in Indianapolis, Indiana.
Key Highlights
- Two duplex properties with four total residential units
- All four units are currently rented
- Four separate garages available for storage rental
Property Analytics
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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
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Market
Vacancy Rate% for Multifamily in Midwest region
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Frequently Asked Questions
What type of property is this?
Duplex - Two well-maintained duplex properties offer fully occupied units and additional garage storage income potential.
Where is this duplex located?
The property is located at 8465 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 properties with four total residential units; All four units are currently rented; Four separate garages available for storage rental
