818-820 N Drexel Avenue Indianapolis, IN $ 230,000
818-820 N Drexel Avenue
$ 230,000
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818-820 N Drexel Avenue

Indianapolis, IN, 46201
$ 230,000
Bedrooms-- Baths0.0

Monthly Estimate*

$ 1,589

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Multi-Family Home for sale in Indianapolis, IN

for $230,000. This home was built in 1925 on a lot size of 0.1.

Welcome to 818-820 N Drexel Ave in Indianapolis, IN. This 1925 duplex offers 1,976 square feet of living space and stands as an inviting duplex investment. The exterior of the property is defined by its classic two-story style, which commands a traditional presence on its 4,372-square-foot lot. Residents are welcomed by an inviting porch, the perfect setting for enjoying the local atmosphere and providing a seamless transition from the outdoors into the home. The structural foundation includes a versatile basement, offering valuable additional space for storage or specialized use to suit your specific lifestyle needs. Whether you are looking for a smart investment or a charming place to call home, this property provides a unique opportunity for a rental or live in one side as well. Come and take a look.

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Multi-Family Active

Price

$ 230,000

Property Type

Multi-Family

Taxes

$ 4,944

Style

Traditional

Lot Size

0.1

Year Built

1925

Town/City

Indianapolis

County/Region

Marion

MLS | Web ID

22133077

Features
General
Heating Forced Air
Cooling Central Air
Possession Closing
Zoning RESIDENTIAL
Architectural Style Traditional
Year Built 1925
Township Center
Levels Two
Property Subtype Duplex
Tax Year 2025
Current Use Vacant
County Marion
New Construction N
Property Type Residential Income
Subdivision Name Cross Trails Clifford Ave Add
Possible Use Residential
Status Active
Directions GPS Friendly
City Indianapolis
Disclosures BankOwned
High School District Indianapolis Public Schools
Number Of Units Total 2
MLS Area 4910 - Marion - Center
Lot Size Square Feet 4372
Property Attached Y/N N
Property Condition Updated/Remodeled
Additional Parcels Y/N N
Standard Status Active
Tax Lot 0
Legal Description 818-820 N Drexel Ave Condominiums Unit A and B
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Interior
Basement Unfinished
Basement (Y/N) Y
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Exterior
Fencing Partial
Lot Features Access City Lot Sidewalks
Foundation Details Block
Lot Size Acres 0.1
Road Surface Type Asphalt
Waterfront Y/N N
Road Frontage Type City Street
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* Excluded Features
List By
Diverse Property Solutions Ind

Broker

kurt@diversepsi.com

Email

Affordability Calculator

$2,001
Per Month
79%
21%
0%
Monthly Principal & Interest
$1,589
Monthly Property Taxes
$412
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
10/29/2026$230,000 -4.17% Price Down
10/23/2026$240,000 Listed Price

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818-820 N Drexel Avenue, Indianapolis, IN, 46201 is a Multi-Family Home for sale at $230,000 with a lot size of 0.1. 818-820 N Drexel Avenue has 0.0 baths and was built in 1925. The property's zip code is 46201 which is in Indianapolis, IN