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Indianapolis, IN, 46201 • Near Eastside • Marion County
3Beds
1Baths
0.1 acLot
1986Built
Victorian Style
Built 1986 · 40 years of history
Arsenal Park
Near Eastside
This home is getting attention
Listed 486 days ago · 154 views · 7 saves
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486 days on market
Established listing
This home ranks in the top 17% of listings most likely to go under contract soon, based on market activity and demand signals.
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Multi Family · Built 1986
Discover an outstanding investment opportunity with this charming duplex located at 1409 and 1411 Marlowe Ave in the heart of Indianapolis. Each side features three spacious bedrooms and one full bathroom, making this property perfect for both seasoned investors and those entering the real estate market. Situated just minutes from downtown Indianapolis, this duplex offers convenient access to the Monon Trail and the vibrant Bottleworks District, known for its shopping, dining, and entertainment. This prime location ensures a strong demand for rentals and great potential for appreciation in value. The open floor plans of both units create a welcoming atmosphere, enhanced by large windows that fill the spaces with natural light. Modern kitchens are equipped with ample counter space and essential appliances, perfect for culinary pursuits. Each unit's three well-sized bedrooms provide comfortable living spaces, while the conveniently located full bathrooms serve essential needs. With separate entrances and utilities, privacy and functionality are maximized for each unit. Investors will find significant potential for passive income, given the growing demand for rental properties in the 46201 zip code. Recent comparable properties highlight strong rental rates, making this duplex an attractive prospect for diversifying any investment portfolio. Don't miss this unique opportunity to own a duplex in a sought-after Indianapolis location. This property is ideal for anyone looking to embark on or expand their real estate journey. Explore the possibilities that 1409 and 1411 Marlowe Ave have to offer! Major renovation has already started on the 1411 Marlowe side. Many materials are there including kitchen cabinets, all bathroom vanities, new Anderson windows, front doors, back door, and HVAC duct work.
Based on current rates
Est. 6.26% rate · 30yr fixed · $204,000 loan
Full calculator →Key facts and listing details
1 category of property features
Market data and value estimates
3 schools rated nearby
Indianapolis, IN, 46201
19 events
16 years of records
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Indianapolis, IN • Marion County
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Based on information submitted to the MLS GRID as of 2026-04-09 18:03:20 PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. [Click here for more information](/mls-disclaimers/#48)
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