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543 N Oakland Avenue

Indianapolis, IN 46201

– beds
– baths
– sqft
5,619 sqft lot
1920 build

Investor Alert! Fully Rented 11-Bedroom Duplex - Cash Flow from Day One! This unique co-living style duplex in the heart of Center Township offers a rare opportunity to own a high-income producing property with zero vacancies. Currently generating steady monthly income, the property features 11 private bedrooms (5 on one side, 6 on the other), each rented individually. Tenants enjoy shared access to spacious kitchens and comfortable living areas on both sides, creating a functional and community-driven living environment. Located just minutes from downtown, universities, public transit, and other city amenities, this property attracts consistent demand. Whether you're looking to expand your investment portfolio or break into multi-tenant housing, this turnkey rental delivers reliable returns from day one.

Listing courtesy of MIBOR / eXp Realty LLC

Last checked: Checking… • Last updated Jul 15, 2025 •

MLS# 22050215 —

The Building

Year Built:

1920
New Construction:

false
Construction Materials:

Aluminum Siding
Foundation Details:

Block
Levels:

Two
Basement:

true
Building Information:

Other

Interior

Laundry Features:

Connections All

Location

Directions:

GPS Friendly
Latitude:

39.775779
Longitude:

-86.11285

The Property

View:

true
Property Type:

Residential Income
Property Subtype:

Duplex
Parcel Number:

491005155010000101
Acres:

<1/4 Acre
Lot Features:

Access
Lot Size Acres:

0.13
Lot Size SqFt:

5,619 Sqft
Price Per Acre:

3069231
Zoning:

multi
Structure Type:

Duplex
Road Access:

Not Applic
Road Frontage Type:

City Street
Road Surface Type:

Asphalt

Listing Agent

Contact info:

Taxes

Tax Lot:

14
Tax Year:

2024
Semi Annual Property Tax Amt:

925

Heating & Cooling

Cooling:

Separate Meters

Utilities

Building Utilities:

Separate Gas Meter,Separate Sewer Meter
Solid Waste:

Yes

Schools

High School:

Arsenal Technical High School
High School District:

Indianapolis Public Schools

The Community

Subdivision Name:

Langes E Michigan St

Parking

Parking:

On Street
Parking Features:

Alley Access

Extra Units

# of Units Total:

2

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Transit Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price	% Change
7/11/25 Jul 11, 2025	Listed / Active	MIBOR	$399,000	1040.0% (132.9% / YR)
9/13/17 Sep 13, 2017		MIBOR	$35,000

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This multifamily located in East Side, Indianapolis, IN 46201 is currently for sale for $399,000. 543 N Oakland Avenue is a – square foot multifamily with – beds and – baths. 543 N Oakland Avenue is in the East Side neighborhood of Indianapolis and has a WalkScore® of 46, making it car-dependent. This multifamily is in the attendance area of Arlington Middle School, Thomas D. Gregg Elementary School 15, Riverside High School, Arsenal Technical High School, and George Washington Community High School.

Listing Courtesy of: MIBOR and eXp Realty LLC.

IDX information is provided exclusively for consumers’ personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Based on information submitted to the MLS GRID. 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.

Data is deemed reliable but is not guaranteed accurate by the Broker Listing Cooperative® listing service