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713 W 32nd Street Indianapolis, IN ^$ 359,999

713 W 32nd Street

^$ 359,999

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713 W 32nd Street

Indianapolis, IN, 46208

^$ 359,999

Bedrooms-- Baths0.0

Monthly Estimate*

^$ 2,486

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Multi-Family Home for sale in Indianapolis, IN

for $359,999. This home was built in 1920 on a lot size of 0.12.

Updated Triplex Near Downtown Indianapolis Located less than five minutes from downtown Indianapolis, this fully updated triplex offers immediate rental income and flexible owner-occupant or investment potential. The property includes: Front studio apartment Side 1-bedroom, 1-bathroom unit Rear 2-bedroom, 1-bathroom unit The studio and one-bedroom units are currently rented for a combined $2,500 per month, with payments made by the state for one year, providing established income to the new owner. The rear two-bedroom unit is renovated and furnished for use as a short-term rental or as a private owner-occupant residence. A buyer can live in the rear unit while rental income from the other two units helps offset monthly expenses-potentially creating an opportunity to live at a significantly reduced cost. Additional features include two separate utility meters, allowing utilities to be divided between units, included fixtures, separate fencing for privacy around the rear unit, and independently controllable heating and cooling. With its convenient downtown location, updated condition, existing rental income, and flexible living options, this triplex is an excellent opportunity for an investor or owner-occupant.

Multi-Family Active

Price

^$ 359,999

Property Type

Multi-Family

Taxes

^$ 2,950

Style

Lot Size

0.12

Year Built

1920

Town/City

Indianapolis

County/Region

Marion

MLS | Web ID

22129108

Features

General

Possession Closing

Year Built 1920

Township Center

Levels One and One Half

Property Subtype Triplex

Tax Year 2025

Current Use Apt<20

County Marion

New Construction N

Property Type Residential Income

Subdivision Name Mccaslins Geo H 1st Add

Status Active

Directions GPS Friendly

City Indianapolis

High School District Indianapolis Public Schools

Number Of Units Total 3

MLS Area 4910 - Marion - Center

Lot Size Square Feet 5053

Virtual Tour https://videos.backatyou.com/713-w-32nd-street-smc1271364941_329383_unbranded_listing_video https://www.homeforsale.at/713_W_32ND_STREET_l0xrgt-725j?show_listing_video=1

Standard Status Active

Tax Lot 49-06-23-105-047.000-101

Legal Description McCaslins 1st Add To Keystone Park L59

Interior

Basement (Y/N) Y

Exterior

Lot Size Acres 0.12

* Excluded Features

List By

Carpenter, Realtors®

Broker

smcgibboney@callcarpenter.com

Affordability Calculator

$2,732

Per Month

Monthly Principal & Interest: $2,486
Monthly Property Taxes: $246
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 ^$351,341

Percent of Sale Price 2%

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.

4044905 Elementary School

4044909 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
10/2/2026	$359,999		Listed Price

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713 W 32nd Street, Indianapolis, IN, 46208 is a Multi-Family Home for sale at $359,999 with a lot size of 0.12. 713 W 32nd Street has 0.0 baths and was built in 1920. The property's zip code is 46208 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 10/16/2026.

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713 W 32nd Street

Multi-Family Home for sale in Indianapolis, IN

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