Indianapolis, IN 46225,1714 Union ST
Indianapolis, IN 46225,1714 Union ST
Indianapolis, IN 46225,1714 Union ST
18
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Listed by Lindsey Winkhart • RE/MAX Advanced Realty
$349,000
Est. payment /mo
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5,662 Sqft Lot
Active

1714 Union ST Indianapolis, IN 46225

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Chris Schulhof

Chris Schulhof

+1(317) 506-7368

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Subdivision Coopers S Meridian St Add

MLS Listing ID 22078411

Year Built 1900

Tax Year 2024

Lot Size 5,662 Sqft

Acres 0.13

Property Sub-Type Duplex

Property Description

Welcome to 1714 Union St, a strong-performing duplex investment located in the desirable Old Southside neighborhood, just steps from the continued growth and demand of Bates-Hendricks. This flexible asset produces $3,425/mo ($41,100/ yr) & offers multiple income strategies ideal for investors seeking above-market cash flow with long-term upside. Unit 1 is a traditional and spacious 2-bedroom, 1-bath apartment featuring high ceilings, large eat-in kitchen, formal dining room, laundry room, hardwood floors, & comfortable layout. Providing stable income at $1,150/mo which can easily bring in more based on the market rent for the area. Unit 2 is configured for by-the-room rental, maximizing income potential. This unit includes a shared kitchen &1 full bathroom (common area), 1 ensuite bedroom w/ a private full bath, and 2 additional bedrooms, with 1 currently utilized as a large double room. Total rent for Unit 2 is $2,275 per month, broken down as follows: Ensuite bedroom: $575/month, Large (double) bedroom: $600/month, other 2 bedrooms: $550/month each. However, Unit 2 could easily be rented as a 4 bed 2 full bath whole unit instead. The property has seen key updates that enhance durability and reduce future capital expenses, including updated electrical and plumbing, new Hardie siding, and a furnace approximately five years old. The fully chain-link fenced yard adds functionality & tenant appeal. With strong in-place income, a proven rental model, and a prime location near one of Indianapolis' most active redevelopment areas, 1714 Union St presents an exceptional opportunity for investors looking to acquire a cash-flow-focused property with built-in flexibility.

Location

State IN

County Marion

Interior

Heating Forced Air, Natural Gas

Cooling None, Wall Unit(s)

Fireplace N

Exterior

Roof Type Shingle

Building

New Construction false

Schools

School District Indianapolis Public Schools

MIBOR MLS
© 2026 All listing information is courtesy of MIBOR Broker Listing Cooperative(R) as distributed by MLS Grid. All rights reserved.

NEARBY SCHOOL & BUSINESS

SCHOOLSPROPERTIES
Elementary Schools 20
  • 8

    Paramount School of Excellence

    Public | KG - 8

  • 6

    Center For Inquiry School 2

    Public | KG - 8

  • 5

    Christel House Academy South

    Public | KG - 12

  • 4

    Theodore Potter School 74

    Public | KG - 6

  • 4

    Frederick Douglass School 19

    Public | PK - 8

  • 3

    William Penn School 49

    Public | KG - 6

  • 3

    William Mckinley School 39

    Public | PK - 6

  • 3

    Raymond F Brandes School 65

    Public | PK - 6

  • 2

    Daniel Webster School 46

    Public | KG - 8

  • 2

    James a Garfield School 31

    Public | KG - 8

  • 2

    Thomas D. Gregg Elementary School 15

    Public | PK - 6

  • 1

    Wendell Phillips School 63

    Public | KG - 6

  • 1

    Se Neighborhood School of Excellence

    Public | KG - 7

  • 1

    Washington Irving School 14

    Public | PK - 6

  • 1

    Eleanor Skillen School 34

    Public | KG - 6

  • 1

    Brookside School 54

    Public | KG - 6

  • 0

    Key Learning Community Elementary School

    Public | KG - 5

  • 0

    St Roch Catholic School

    Private | PK - 8

  • 0

    Montessori Garden Academy

    Private | PK - 3

  • 0

    Central Catholic

    Private | PK - 8

Middle Schools 7
  • 1

    H L Harshman Middle School

    Public | 7 - 8

  • 0

    George Washington Community Jr High School

    Public | 7 - 8

  • 0

    Key Learning Community Jr High School

    Public | 6 - 8

  • 0

    Crispus Attucks Med Mgnt Jr High School

    Public | 6 - 8

  • 0

    University Heights Preparatory Acd

    Public | 7 - 12

  • 0

    Longfellow Magnet Middle School

    Public | 7 - 8

  • 0

    Emma Donnan Middle School

    Public | 7 - 8

High Schools 11
  • 10

    Herron High School

    Public | 9 - 12

  • 5

    Crispus Attucks Medical Magnet High School

    Public | 9 - 12

  • 4

    Key Learning Community High School

    Public | 9 - 12

  • 1

    George Washington Community High School

    Public | 9 - 12

  • 1

    Indianapolis Metropolitan High School

    Public | 9 - 12

  • 1

    Arsenal Technical High School

    Public | 9 - 12

  • 0

    Providence Cristo Rey High School

    Private | 9 - 12

  • 0

    The Excel Center - Lafayette Sq

    Public | 9 - 12

  • 0

    Excel Center for Adult Learners

    Public | 9 - 12

  • 0

    Emmerich Manual High School

    Public | 9 - 12

  • 0

    Christel House Dors South

    Public | 9 - 12

School and business data provided by Attom Data.

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Chris Schulhof

Chris Schulhof

Broker | License ID: RB14031306

+1(317) 506-7368

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1714 Union ST