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556 N Gray Street N

Indianapolis, IN 46201

– beds
– baths
– sqft
5,445 sqft lot
1910 build

Don't miss this cash-flowing duplex and excellent investment opportunity with solid rental history. Unit 558 is leased through March 2026, offering long-term stability. Unit 556 is currently on a month-to-month lease with a reliable tenant in place since 2021. Each side features separate entrances and functional layouts, ideal for continued rental income or future owner-occupancy. Great opportunity to build or expand your rental portfolio!

Listing courtesy of MIBOR / Berkshire Hathaway Home

Last checked: Checking… • Last updated Apr 15, 2025 •

MLS# 22030691 —

The Building

Year Built:

1910
New Construction:

false
Levels:

One
Basement:

true
Green Certification:

No

Location

Directions:

GPS Friendly
Latitude:

39.776133
Longitude:

-86.112162

The Property

View:

true
Property Type:

Residential Income
Property Subtype:

Duplex
Property Attached:

false
Parcel Number:

491005155019000101
Acres:

<1/4 Acre
Lot Size Acres:

0.13
Lot Size SqFt:

5,445 Sqft
Price Per Acre:

1300000
Additional Parcels:

false
Structure Type:

Duplex
Current Use:

Residential
Road Access:

Not Applic,See Remarks

Listing Agent

Contact info:

Taxes

Tax Lot:

49-10-05-155-019.000-101
Tax Year:

2023
Semi Annual Property Tax Amt:

1878

The Listing

Inspection Warranties:

Not Applicable

Utilities

Solid Waste:

No

Schools

Elementary School:

Brookside School 54
Middle Or Junior School:

H L Harshman Middle School
High School:

Arsenal Technical High School
High School District:

Indianapolis Public Schools

The Community

Subdivision Name:

Langes E Michigan St

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
4/15/25 Apr 15, 2025	Listed / Active	MIBOR	$169,000

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This multifamily located in East Side Indianapolis, Indianapolis, IN 46201 is currently for sale for $169,000. 556 N Gray Street N is a – square foot multifamily with – beds and – baths. 556 N Gray Street N is in the East Side Indianapolis neighborhood of Indianapolis and has a WalkScore® of 45, making it car-dependent. This multifamily is in the attendance area of Arsenal Technical High School, George Washington Community High School, Riverside High School, Thomas D. Gregg Elementary School 15, and Arlington Middle School.

Listing Courtesy of: MIBOR and Berkshire Hathaway Home.

IDX information is provided exclusively for consumers’ personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
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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