This classic Indianapolis duplex offers strong upside with solid bones, original character, and plenty of potential for additional value-add improvements. Featuring 9-foot ceilings, original hardwood floors, and a true wood-burning fireplace, the property still retains much of its historic charm. Seller has completed substantial updates over the years, including flooring and various interior improvements, while maintaining long-term stable tenants with intentionally below-market rents. One tenant has occupied the property for years. The basement is solid for the age with straight foundation walls, dry storage space, and no major visible signs of water intrusion. Mechanicals include a 2008 furnace in 3251 that has been well maintained. Unit 3251 mainly needs minor cosmetic improvements including paint, finishing work, and a thorough deep cleaning. Overall, this property presents an excellent opportunity for investors or owner-occupants looking to build equity in a historic Indianapolis property with strong long-term potential.

Listing courtesy of Trueblood Real Estate (317) 847-8873



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Based on information submitted to the MLS GRID as of 2026-05-28 11:37 PM UTC. 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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