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Back 323 N Arsenal Ave
Off Market

323 N Arsenal Ave

Indianapolis IN 46201

5400 sq. ft.
Duplex
Last sold for $405,000
Trent KiesterTrent Kiester, last sold this property on 27 November 2025 after 76 days on market.

Overview

TURNKEY QUADPLEX! Discover this prime investment opportunity at 323 N Arsenal Ave in Arsenal Heights, a highly desirable neighborhood on Indianapolis's east side, just minutes from downtown Indy and Highland Park. This well-maintained quadplex features four spacious 1-bedroom, 1-bathroom units, with two currently occupied generating reliable income of $1,000 and $895 per month, while the other two units stand vacant and ready for immediate tenant placement to boost your cash flow even further. All utilities are conveniently billed back to tenants through the leases, minimizing owner expenses and maximizing returns. Whether you're a savvy investor eyeing robust cash flow in a thriving, up-and-coming area or a house hacker aiming to live in one unit while renting out the rest to offset your mortgage, this property delivers the perfect blend of flexibility and profitability.

Features

5400 sq. ft. lot size
Duplex

Estimated Value

Based on this property and similar duplexes sold in Indianapolis over the last 12 months, the estimated median property value of 323 N Arsenal Ave is $190k.

Median value
$190k
Estimated value range
$20k - $650k
Median days on market
23
Estimated value trend
16%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Indianapolis. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 323 N Arsenal Ave

2025
Sold
$405,000
27 Nov 2025 by Trent Kiester, of @properties
2022
Sold
$300,000
29 Nov 2022 by Lisa Phillips, of Compass Indiana, LLC
2016
Sold
$125,000
28 Nov 2016 by Helen Metken, of RE/MAX Ascent

Happy sellers in Indianapolis

90%
90% of sellers in Indianapolis reported that their sale price either exceeded or met their price expectations.

Indianapolis stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 4 reviews in Indianapolis over the last 12 months.

Local market activity for duplexes in Indianapolis

In the last 12 months, 172 duplexes similar to 323 N Arsenal Ave, have been sold.

This represents a 42% decrease in duplexes sales when compared to the previous 12 months.

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Indianapolis

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Andres Rodriguez

Andres Rodriguez is a recommended agent for Indianapolis.  They have 3 local sales and collected 2 local reviews across the last 12 months.

  •   5   (7 reviews)
  •  2 Reviews in Indianapolis
  •  3 Sales in Indianapolis
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Summer Hudson

Sellers who recommend Summer Hudson have praised them for being local expert, clear communication, responsive, supportive, honest, patient, and great negotiation

  •   5   (223 reviews)
  •  2 Reviews in Indianapolis
  •  2 Sales in Indianapolis
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Virginia Iozzo

Virginia Iozzo is a recommended agent for Indianapolis.  They have 6 local sales and collected 1 local review across the last 12 months.

  •   5   (2 reviews)
  •  1 Review in Indianapolis
  •  6 Sales in Indianapolis
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Chas Schaffernoth

Chas Schaffernoth is an award winning recommended agent for Indianapolis.  They have 3 local sales and collected 1 local review across the last 12 months.

  •   5   (10 reviews)
  •  1 Review in Indianapolis
  •  3 Sales in Indianapolis
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