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55 W 36th Street

Indianapolis, IN 46208

– beds
– baths
– sqft
6,490 sqft lot
1911 build

This duplex, located just north of downtown Indianapolis, presents a fantastic investment opportunity. The property features two units: Unit 1: A cozy 2-bedroom, 1-bathroom unit that is currently rented for $950 per month, providing immediate cash flow. Unit 2: A 3-bedroom, 1-bathroom unit that is currently vacant-perfect for an owner-occupant or a new tenant. While the property needs some improvements, it offers a great chance to add value through renovations and updates. With its prime location near downtown, easy access to major highways, and strong rental potential, this duplex is an excellent opportunity for investors or owner-occupants looking to build equity. Don't miss out on the chance to turn this property into a great income-producing asset!

Listing courtesy of MIBOR / Keller Williams Indy Metro NE

Last checked: Checking… • Last updated Feb 9, 2025 •

MLS# 22020137 —

The Building

Year Built:

1911
New Construction:

false
Construction Materials:

Vinyl With Brick
Architectural Style:

TraditonalAmerican
Levels:

Two
Basement:

true
Security Features:

Smoke Alarm
Green Certification:

No

Interior

Laundry Features:

Connections Some

Location

Directions:

GPS Friendly
Latitude:

39.821002
Longitude:

-86.158885

The Property

View:

true
Property Type:

Residential Income
Property Subtype:

Duplex
Parcel Number:

490624112007000101
Acres:

<1/4 Acre
Lot Features:

Corner Lot, Sidewalks, Street Lights, Mature Trees
Lot Size Acres:

0.15
Lot Size SqFt:

6,490 Sqft
Price Per Acre:

1466000
Additional Parcels:

false
Structure Type:

Duplex
Fencing:

Fence Complete
Fence:

Yes
Current Use:

Multi-Family
Possible Use:

Residential
Road Access:

Not Applic
Road Frontage Type:

City Street

Listing Agent

Contact info:

Taxes

Tax Lot:

3
Tax Year:

2023
Tax Exemptions:

None
Semi Annual Property Tax Amt:

2395

The Listing

Inspection Warranties:

Not Applicable

Heating & Cooling

Cooling:

Separate Meters

Utilities

Building Utilities:

Separate Gas Meter,Sewer,Water
Solid Waste:

No

Schools

Elementary School:

James Whitcomb Riley School 43
High School District:

Indianapolis Public Schools

The Community

Subdivision Name:

Lazarus & Colemans Harvard

Parking

Parking:

2 Car Garage,On Street
Parking Features:

Detached
Garage Spaces:

2

Extra Units

# of Units Total:

2

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Transit Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price	% Change
2/8/25 Feb 8, 2025	Listed / Active	MIBOR	$219,900	62.9% (14.4% / YR)
9/25/20 Sep 25, 2020		MIBOR	$135,000	350.0% (19.6% / YR)
11/18/02 Nov 18, 2002		MIBOR	$30,000

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This multifamily located in North Side, Indianapolis, IN 46208 is currently for sale for $219,900. 55 W 36th Street is a – square foot multifamily with – beds and – baths. 55 W 36th Street is in the North Side neighborhood of Indianapolis and has a WalkScore® of 66, making it somewhat walkable. This multifamily is in the attendance area of Arsenal Technical High School, George Washington Community High School, Riverside High School, and James Whitcomb Riley School 43.

Listing Courtesy of: MIBOR and Keller Williams Indy Metro NE.

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Based on information submitted to the MLS GRID. 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.

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