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Renovated Two-Unit Duplex
New
For Sale
$250,000

945 W 28th Street, Indianapolis, IN 46208

Residential Income, Indianapolis, IN

Property SizeContact for details
Lot Size0.13 Acres
Days on Market4

Property Features for 945 W 28th Street

General Information

Property type Residential Multi Family
Property subtype Duplex
Bedrooms 7
Bathrooms 4
Full bathrooms 4
Rooms Bathroom 4, Bedroom 7, Bedroom 1, Bathroom 2, Bedroom 3, Bathroom 3, Basement, Bedroom 5, Bedroom 4, Bedroom 2, Bathroom 1, Bedroom 6
Subdivision A L Roaches
Elementary school district Indianapolis Public Schools
Middle school district Indianapolis Public Schools
High school district Indianapolis Public Schools
Directions GPS Friendly
Standard status Active
APN 490626149192000101
Lot size 0.13 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description A L Roaches N Indpls L12 B34 & 15' E Side L13 B34
Tax Annual Amount 2492
Legal Description A L Roaches N Indpls L12 B34 & 15' E Side L13 B34

Building Details

Year built 1910
Floors in Building 2
Number of units 2
Listing Agency: The Modglin Group
Listed By: Ely Berger · License #RB25001754
Added: Oct 2 Changed: Oct 4 Last Checked: Oct 5 at 6:06PM
MLS# 22129672

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 duplex contains two residences: one with four bedrooms and two full bathrooms, and another with three bedrooms and two full bathrooms. Updates include kitchens, bathrooms, and flooring, along with modern interior finishes. The property was built in 1910 and occupies a 0.13-acre lot.

The property is near downtown Indianapolis. New construction and redevelopment are taking place in the surrounding area.

Key Highlights

  • Two‑unit duplex with 4‑bedroom and 3‑bedroom residences
  • Both units have 2 full bathrooms
  • Updated kitchens, bathrooms, flooring, and interior finishes

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Dental Office Law Firm HVAC Service Electrical Service Building Supply

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

Location Intelligence

Trade Area within ½ mile

357
Businesses Nearby

Demographics for 46208, IN

23,996
Population
11,619
Households
2.1
Avg Household Size
31
Median Age
40%
College-Educated
93%
High-School Grad
6.9 sq mi
ZIP Area
3,478
Density / Sq Mi
$55,435
Median Household Income
$34,125
Median Earnings
$1,075
Median Rent
$206,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Midwest region

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

What type of property is this?
Duplex - The residences offer a four-bedroom layout and a three-bedroom layout, each with two full bathrooms.
Where is this duplex located?
The property is located at 945 W 28th Street Indianapolis, IN.
What is the asking price?
The asking price for this property is $250,000.
What are key features of this property?
This property features: Two‑unit duplex with 4‑bedroom and 3‑bedroom residences; Both units have 2 full bathrooms; Updated kitchens, bathrooms, flooring, and interior finishes
More about this property
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