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8465 Bluff Road Indianapolis, IN ^$ 262,500

8465 Bluff Road

^$ 262,500

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8465 Bluff Road

Indianapolis, IN, 46217

^$ 262,500

Bedrooms-- Baths0.0

Monthly Estimate*

^$ 1,813

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Multi-Family Home for sale in Indianapolis, IN

for $262,500. This home was built in 1976 on a lot size of 0.41.

Income-Producing Duplex Portfolio - Four Fully Rented Units Excellent investment opportunity featuring two duplex properties with four total units, all currently rented. The portfolio offers a strong rental history, with all tenants demonstrating a consistent record of on-time payments. In addition to the four residential units, the property includes four separate garages currently available to be rented for storage, providing an additional income stream. The properties are well maintained and have benefited from numerous recent improvements. Three of the four units have been renovated, including new flooring, lighting, drywall, and interior paint. A new roof and gutters were installed in 2024, and three of the four units have received new water heaters between 2023 and 2025. Two of the four units have new HVAC systems, further enhancing the property's reliability and appeal. Electrical panels have all been replaced and are up to code. Both properties are serviced by well and septic system and have been carefully maintained, with all major systems and components reported to be in good working order. Septic pumped in 2026. This is a turnkey investment opportunity with established tenants, multiple income sources, and a strong history of ongoing maintenance and improvements.

Multi-Family Active

Price

^$ 262,500

Property Type

Multi-Family

Taxes

^$ 5,580

Style

Ranch

Lot Size

0.41

Year Built

1976

Town/City

Indianapolis

County/Region

Marion

MLS | Web ID

22120492

Features

General

Heating Electric

Cooling Central Air

Possession Closing

Roof Shingle

Garage Spaces 2

Architectural Style Ranch

Construction Materials Brick

Year Built 1976

Tenant Pays All Utilities Insurance Lawncare Trash Collection

Township Perry

Levels One

Property Subtype Duplex

Tax Year 2025

Current Use Apt<20

Additional Parcels Description 49-14-21-121-012.000-500

County Marion

New Construction N

Property Type Residential Income

Subdivision Name No Subdivision

Status Active

Directions GPS Friendly

City Indianapolis

High School District Perry Township Schools

Number Of Units Total 2

MLS Area 4907 - Marion - Perry

Lot Size Square Feet 17773

Property Attached Y/N Y

Current Financing Conventional

Property Condition Updated/Remodeled

Additional Parcels Y/N Y

Structure Type Duplex

Standard Status Active

Tax Lot 49-14-21-121-011.000-500

Legal Description Pt Se1/4 Ne1/4 S21 T14 R3 Beg 361.48' N 670.86' W & 105.82' Sw Of Se Cor P.O.B. Sw106.91' W214.34' Ne106.34' E215.36' To Beg.408Ac

Exterior

Parking Features Detached

Foundation Details Slab

Lot Size Acres 0.41

Interior

Basement (Y/N) N

Laundry Features Connections All

* Excluded Features

List By

Pht Holdings Llc

Broker

Perreyhometeam@gmail.com

Affordability Calculator

$2,278

Per Month

Monthly Principal & Interest: $1,813
Monthly Property Taxes: $465
Monthly Home Insurance: --

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Yearly 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

Trends
Schools

Multi-family listings in Indianapolis, IN

Average List Price ^$353,724

Percent of Sale Price 35%

About Indianapolis, IN

843,184 Population

8% Since 2002

^$43,160 Median Income

35.24 Median Age

29% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

4044910 Elementary School

4044906 Middle School

Unknown High School High School

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Pricing History

Date	Price	Price Change	Description
8/22/2026	$262,500		Listed Price

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8465 Bluff Road, Indianapolis, IN, 46217 is a Multi-Family Home for sale at $262,500 with a lot size of 0.41. 8465 Bluff Road has 0.0 baths and was built in 1976. The property's zip code is 46217 which is in Indianapolis, IN

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: 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.

Property information provided courtesy of the Internet Exchange Program of the Metropolitan Indianapolis Board of REALTORS® Broker Listing Cooperative® listing service.

The information being provided is 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.

Data is updated as of 10/17/2026.

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8465 Bluff Road

Multi-Family Home for sale in Indianapolis, IN

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