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2201 Admiral Drive Indianapolis, IN $ 125,000
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$ 125,000 Get more info
2201 Admiral Drive
$ 125,000
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Share Save

2201 Admiral Drive

Indianapolis, IN, 46219
$ 125,000
Bedrooms-- Baths0.0

Monthly Estimate*

$ 863

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Multi-Family Home for sale in Indianapolis, IN

for $125,000. This home was built in 1949 on a lot size of 0.22.

Great investment opportunity to bring this duplex back to life! The property will require a significant amount of work, making it an ideal value-add project for an investor. The roof was replaced in June 2026, eliminating one of the larger capital expenses. Both units are currently vacant, allowing the new owner to renovate and establish rents from the start. Each unit has its own dedicated parking space, and all utilities are separately metered and paid directly by the residents.

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Multi-Family Pending

Price

$ 125,000

Property Type

Multi-Family

Taxes

$ 2,994

Style

Lot Size

0.22

Year Built

1949

Town/City

Indianapolis

County/Region

Marion

MLS | Web ID

22124631
Features
General
Possession Closing
Year Built 1949
Township Warren
Property Subtype Duplex
Tax Year 2025
Current Use Vacant
County Marion
New Construction N
Property Type Residential Income
Subdivision Name Windsor Village
Status Pending
Directions GPS Friendly
City Indianapolis
High School District Indianapolis Public Schools
Number Of Units Total 2
MLS Area 4905 - Marion - Warren
Lot Size Square Feet 9757
Standard Status Pending
Tax Lot 49-07-26-100-081.000-701
Legal Description Windsor Village 2nd Sec Amended Pt L7 & Pt L8blk 8 Beg 40Ft E Of Sw Cor E 75Ft Along Sl L7 &L8 N 130Ft W 75Ft Along Nl Of L7& L8 S 130Ft Tobeg Tr7
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Exterior
Lot Size Acres 0.22
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* Excluded Features
List By
Crm Properties, Inc.

Broker

katie@crmproperties.net

Email

Affordability Calculator

$1,113
Per Month
78%
22%
0%
Monthly Principal & Interest
$863
Monthly Property Taxes
$250
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
See complete school information
Pricing History
DatePricePrice ChangeDescription
9/8/2026$125,000 Listed Price

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2201 Admiral Drive, Indianapolis, IN, 46219 is a Multi-Family Home for sale at $125,000 with a lot size of 0.22. 2201 Admiral Drive has 0.0 baths and was built in 1949. The property's zip code is 46219 which is in Indianapolis, IN

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