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Updated Three-Bedroom Duplex
For Sale
$440,000

933 E Raymond St, Indianapolis, IN 46203

Two tenant-occupied units combine modern updates with convenient access to downtown, highways, dining, shopping, and parks.

Property SizeContact for details
Days on Market10

Property Features for 933 E Raymond St

General Information

Standard status Active
Property subtype Multi-Family
Occupancy 100%

Units

Unit Mix 2 x 3BR/2BA
Multifamily Units 2

Additional Details

Highway Access Yes

Building Details

Year Built 1915
Buildings 1
Tenancy Multi
Listing Agency: F.C. Tucker Company
Listed By: Sarah Fishburn · License #RB19001567
Source: Mcwatersrealestate
Added: Aug 23 Changed: Aug 29 Last Checked: Aug 30 at 9:01PM

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 F.C. Tucker Company

Investment Insights

Based on property information with market context.

Built in 1915, this duplex contains two separate residences, each with 3 bedrooms and 2 full bathrooms. Both sides have received modern updates, providing an updated configuration for occupants and ownership. The property is currently tenant occupied, supporting an income-producing residential use from both units.

The duplex is located near Garfield Park with access to downtown Indianapolis, major highways, dining, shopping, and parks. Its two-unit layout offers flexibility for an owner-occupant or an investor seeking a residential income property, as described by the property's current configuration and occupancy.

Key Highlights

  • Two‑unit duplex with 3 bedrooms and 2 full bathrooms on each side
  • Modern updates completed throughout both residences
  • Both units are tenant occupied

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Law Firm Hair Salon Dental Office Accounting Firm Real Estate Agency Spa & Massage Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

408
Businesses Nearby

Demographics for 46203, IN

38,224
Population
18,057
Households
2.1
Avg Household Size
34
Median Age
26%
College-Educated
79%
High-School Grad
13.9 sq mi
ZIP Area
2,750
Density / Sq Mi
$55,375
Median Household Income
$40,620
Median Earnings
$1,022
Median Rent
$155,500
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Duplex - Two tenant-occupied units combine modern updates with convenient access to downtown, highways, dining, shopping, and parks.
Where is this duplex located?
The property is located at 933 E Raymond St Indianapolis, IN.
What is the asking price?
The asking price for this property is $440,000.
What are key features of this property?
This property features: Two‑unit duplex with 3 bedrooms and 2 full bathrooms on each side; Modern updates completed throughout both residences; Both units are tenant occupied
More about this property
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