Description
Discover a rare and versatile real estate opportunity on a prominent corner lot in the heart of Indianapolis's highly coveted Meridian-Kessler neighborhood. Built in 1925, this expansive, side-by-side duplex perfectly balances historic architectural charm with modern updates. Each side of this well-maintained duplex boasts a spacious, traditional layout featuring 3 bedrooms and 1.5 bathrooms, offering the scale and feel of two substantial single-family homes. Mechanicals: Newer, high-efficiency HVAC systems and water heaters ensuring low utility costs and minimal maintenance. Exterior: Newer, low-maintenance vinyl siding that protects the building's envelope while preserving its classic curb appeal. Interior updates: Thoughtful updates throughout that bridge the gap between 1920s character and modern convenience. Whether you are looking to expand your portfolio or utilize a "house-hacking" strategy to live with drastically reduced expenses, the current occupancy structure is perfectly set up for an easy transition: One side is fully occupied, providing immediate, dependable cash flow from day one. One side is vacant, sparkling clean, and ready for an owner-occupant to move right in or for a landlord to place a new tenant at current market rent. Premium Location Situated on a beautiful, high-visibility corner lot on Central Avenue, this property puts you minutes from the best of Midtown. Enjoy easy access to local favorites like fresh coffee, dining, top-rated schools, and the Monon Trail, all while being just a short drive from downtown Indy. Don't miss out on one of the most solid, turnkey multi-family opportunities available in Meridian-Kessler today.
-
0BEDS
-
0.28ACRES
-
0BATHS
-
01/2 BATHS
Description
Discover a rare and versatile real estate opportunity on a prominent corner lot in the heart of Indianapolis's highly coveted Meridian-Kessler neighborhood. Built in 1925, this expansive, side-by-side duplex perfectly balances historic architectural charm with modern updates. Each side of this well-maintained duplex boasts a spacious, traditional layout featuring 3 bedrooms and 1.5 bathrooms, offering the scale and feel of two substantial single-family homes. Mechanicals: Newer, high-efficiency HVAC systems and water heaters ensuring low utility costs and minimal maintenance. Exterior: Newer, low-maintenance vinyl siding that protects the building's envelope while preserving its classic curb appeal. Interior updates: Thoughtful updates throughout that bridge the gap between 1920s character and modern convenience. Whether you are looking to expand your portfolio or utilize a "house-hacking" strategy to live with drastically reduced expenses, the current occupancy structure is perfectly set up for an easy transition: One side is fully occupied, providing immediate, dependable cash flow from day one. One side is vacant, sparkling clean, and ready for an owner-occupant to move right in or for a landlord to place a new tenant at current market rent. Premium Location Situated on a beautiful, high-visibility corner lot on Central Avenue, this property puts you minutes from the best of Midtown. Enjoy easy access to local favorites like fresh coffee, dining, top-rated schools, and the Monon Trail, all while being just a short drive from downtown Indy. Don't miss out on one of the most solid, turnkey multi-family opportunities available in Meridian-Kessler today.
© 2026 Metropolitan Indianapolis Board of REALTORS®. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the BLC® listing service or David Brenton's Team.
Based on information submitted to the MLS GRID as of 2026-06-16T00:25:00.967. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Click here for MLS GRID DMCA Notice