315-317 N Colorado Avenue Indianapolis, IN ^$ 167,000

315-317 N Colorado Avenue

^$ 167,000

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Recently Listed

315-317 N Colorado Avenue

Indianapolis, IN, 46201

^$ 167,000

Bedrooms-- Baths0.0

Monthly Estimate*

^$ 1,153

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Multi-Family Home for sale in Indianapolis, IN

for $167,000. This home was built in 1910 on a lot size of 0.13.

This incredible craftsman style duplex is in the heart of Indianapolis! Currently one side is VACANT, which leaves it in the perfect position for owner occupied rental property! This adorable 3 bed, 1 bath, with a fenced in backyard is minutes away from downtown, close to shopping, dining, and parks! Current tenants of unit 315 have lease that expires March 2027.

Multi-Family Active

Price

^$ 167,000

Property Type

Multi-Family

Taxes

^$ 3,638

Style

Craftsman

Lot Size

0.13

Year Built

1910

Town/City

Indianapolis

County/Region

Marion

MLS | Web ID

22131475

Features

General

Possession Closing

Architectural Style Craftsman

Year Built 1910

Township Center

Levels Two

Property Subtype Duplex

Tax Year 2025

Current Use Residential

County Marion

New Construction N

Property Type Residential Income

Subdivision Name No Subdivision

Status Active

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 5445

Additional Parcels Y/N N

Structure Type Duplex

Standard Status Active

Tax Lot Lot 4

Legal Description Tuxedo Park L4 B10

Interior

Basement Cellar Unfinished

Basement (Y/N) Y

Exterior

Fencing Chain Link Full

Parking Features Asphalt

Lot Size Acres 0.13

Waterfront Y/N N

* Excluded Features

List By

Neu Real Estate Group

Broker

juliasellingindy@gmail.com

Affordability Calculator

$1,457

Per Month

Monthly Principal & Interest: $1,153
Monthly Property Taxes: $303
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 ^$357,957

Percent of Sale Price 114%

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
11/4/2026	$167,000		Listed Price

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315-317 N Colorado Avenue, Indianapolis, IN, 46201 is a Multi-Family Home for sale at $167,000 with a lot size of 0.13. 315-317 N Colorado Avenue has 0.0 baths and was built in 1910. The property's zip code is 46201 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 11/4/2026.

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315-317 N Colorado Avenue

Multi-Family Home for sale in Indianapolis, IN

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