4726 N College Avenue Indianapolis, IN $ 465,000
4726 N College Avenue
$ 465,000
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4726 N College Avenue

Indianapolis, IN, 46205
$ 465,000
Bedrooms-- Baths0.0

Monthly Estimate*

$ 3,212

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Multi-Family Home for sale in Indianapolis, IN

for $465,000. This home was built in 1925 on a lot size of 0.2.

Discover an exceptional living and investment opportunity at 4726 & 4728 N College Ave, Indianapolis, IN. This grand three-story duplex features 3 Bedrooms and 1.5 Baths, 1 car garage & 1 carport in each unit. Extensively remodeled, top-to-bottom, the duplex seamlessly preserves the property's historic architectural character while introducing premium contemporary updates. Recently updated Chef's Kitchen serves as the functional heart of the home, featuring sleek stainless steel appliances, modern finishes, and an efficient layout perfect for everything from daily meal prep to entertaining. The Living Room offers a warm and inviting retreat centered that serves as an elegant focal point for relaxation and social gatherings. Generous Lot Size: Situated on an expansive 8,668-square-foot lot that offers rare space and privacy in the heart of the city. Private Yard: A dedicated outdoor oasis providing an exclusive canvas for gardening, pets, outdoor dining, and leisure. This meticulously updated duplex perfectly bridges classic 1925 charm with 21st-century luxury. Whether you are looking for a sophisticated primary residence with income potential or a standout addition to your investment portfolio, this property is ready for its next chapter.

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Multi-Family Pending

Price

$ 465,000

Property Type

Multi-Family

Taxes

$ 8,494

Style

Traditional

Lot Size

0.2

Year Built

1925

Town/City

Indianapolis

County/Region

Marion

MLS | Web ID

22117567

Features
General
Heating Forced Air Natural Gas
Cooling Central Air
Possession Closing Negotiable Subject To Tenant Rights
Roof Asphalt
Garage Spaces 1
Architectural Style Traditional
Security Features Smoke Detector(s)
Construction Materials Vinyl Siding
Year Built 1925
Tenant Pays All Utilities
Township Washington
Levels Three Or More
Property Subtype Duplex
Tax Year 2025
Current Use Residential
County Marion
Net Operating Income 26286
Operating Expense 13314
Insurance Expense 0
New Construction N
Property Type Residential Income
Subdivision Name Silas H Johnson
Facing Direction East
Possible Use Residential
Status Pending
Directions GPS Friendly
City Indianapolis
High School District Indianapolis Public Schools
Number Of Units Total 2
MLS Area 4903 - Marion - Washington
Lot Size Square Feet 8668
Carport Spaces 1
Property Attached Y/N N
Property Condition Updated/Remodeled
Additional Parcels Y/N N
Structure Type Duplex
Standard Status Pending
Tax Lot 6
Legal Description Silas H Johnson's College Ave Add 50' S Side L6
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Interior
Basement Full Storage Space Unfinished
Basement (Y/N) Y
Laundry Features Connections All In Basement
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Exterior
Exterior Amenities Lighting
Parking Features Alley Access Carport Gravel
Lot Features Access Busline City Lot Curbs Sidewalks Street Lights
Foundation Details Block
Lot Size Acres 0.2
Waterfront Y/N N
Road Frontage Type City Street
Other Equipment Security System
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* Excluded Features
List By
D. Braun & Company

Broker

dan@theindyagent.com

Email

Affordability Calculator

$3,919
Per Month
82%
18%
0%
Monthly Principal & Interest
$3,212
Monthly Property Taxes
$708
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4044905 Elementary School
4044909 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
8/24/2026$465,000 -2.11% Price Down
8/1/2026$475,000 Listed Price

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4726 N College Avenue, Indianapolis, IN, 46205 is a Multi-Family Home for sale at $465,000 with a lot size of 0.2. 4726 N College Avenue has 0.0 baths and was built in 1925. The property's zip code is 46205 which is in Indianapolis, IN