326-328 S Emerson Avenue Indianapolis, IN $ 320,000
326-328 S Emerson Avenue
$ 320,000
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326-328 S Emerson Avenue

Indianapolis, IN, 46219
$ 320,000
Bedrooms-- Baths0.0

Monthly Estimate*

$ 2,210

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Multi-Family Home for sale in Indianapolis, IN

for $320,000. This home was built in 1920 on a lot size of 0.17.

COMPLETELY RENOVATED DUPLEX TURNKEY VERY CLOSE TO IRVINGTON HISTORIC DISTRICT! SPACIOUS 7 BEDROOMS, 4 FULL BATHS & TWO LOFTS! This impressive duplex with 10ft ceilings has been renovated from top to bottom with new hvac, new plumbing, new electrical throughout both units, new kitchen cabinets with granite countertops, and stainless-steel appliances. Unit 326 features 4 bedrooms, 2 full bathrooms, and a loft, while Unit 328 offers 3 bedrooms, 2 full bathrooms, and a loft space as well. Together, these units boast an impressive combined 2,650 square feet of living space! Both units offer generous living space, versatile loft areas, and plenty of room to live, work, and entertain. With the major systems and finishes updated, this property is ready for its next chapter. Whether you're looking to house hack, expand your rental portfolio, or secure a spacious multi-family property, this duplex delivers the space and upgrades you've been looking for. From the major systems to the interior finishes, the heavy lifting has already been done. This is an exceptional opportunity for an investor, owner-occupant, or anyone looking for a versatile multi-unit property with serious space and fresh, modern updates. Rental comps suggest an estimated rental income of approximately $1,800 per month per unit. * Don't miss the added value-the adjacent 7,187 sq ft. lot zoned commercial is included with the sale! Schedule your showing and see the transformation for yourself!

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Multi-Family Pending

Price

$ 320,000

Property Type

Multi-Family

Taxes

$ 1,534

Style

Duplex

Lot Size

0.17

Year Built

1920

Town/City

Indianapolis

County/Region

Marion

MLS | Web ID

22127759

Features
General
Heating Forced Air
Cooling Central Air
Possession Closing
Roof Shingle
Construction Materials Vinyl Siding
Year Built 1920
Township Center
Levels Two
Property Subtype Duplex
Tax Year 2025
Current Use Residential
Additional Parcels Description 49-10-09-159-035.001-101
County Marion
New Construction N
Property Type Residential Income
Subdivision Name Latonia Park
Status Pending
Directions GPS Friendly
City Indianapolis
High School District Indianapolis Public Schools
Number Of Units Total 2
MLS Area 4910 - Marion - Center
Lot Size Square Feet 7213
Current Financing Conventional FHA VA
Property Condition Updated/Remodeled
Additional Parcels Y/N Y
Structure Type Duplex
Standard Status Pending
Tax Lot 49-10-09-159-024.000-101
Legal Description Latonia Park L32
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Interior
Basement Unfinished
Basement (Y/N) Y
Laundry Features Connections All
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Exterior
Exterior Amenities Storage Shed
Fencing Fence Complete
Parking Features Alley Access
Lot Features Not In Subdivision Sidewalks Mature Trees
Foundation Details Block
Lot Size Acres 0.17
Waterfront Y/N N
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* Excluded Features
List By
Garnet Group

Broker

claudiaarrga@gmail.com

Email

Affordability Calculator

$2,338
Per Month
95%
5%
0%
Monthly Principal & Interest
$2,210
Monthly Property Taxes
$128
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
9/24/2026$320,000 Listed Price

Map


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326-328 S Emerson Avenue, Indianapolis, IN, 46219 is a Multi-Family Home for sale at $320,000 with a lot size of 0.17. 326-328 S Emerson Avenue has 0.0 baths and was built in 1920. The property's zip code is 46219 which is in Indianapolis, IN