1315 Union St

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Description

This fully remodeled duplex features two spacious units, each offering 3 bedrooms, 2.5 baths, and 1,650 square feet of living space. Both sides include modern finishes, updated systems, and thoughtful layouts ideal for long-term tenants. The property is currently bringing in $2,700 per month in combined rent, with room to increase as market rents in the area continue to rise. Located near downtown Indianapolis, this is a turnkey, income-producing asset with strong appreciation and rental growth potential.This fully remodeled duplex features two spacious units, each offering 3 bedrooms, 2.5 baths, and 1,650 square feet of living space. Both sides include modern finishes, updated systems, and thoughtful layouts ideal for long-term tenants. The property is currently bringing in $2,700 per month in combined rent, with room to increase as market rents in the area continue to rise. Located near downtown Indianapolis, this is a turnkey, income-producing asset with strong appreciation and rental growth potential.
  1. Listed by Olga Bliuc-Haggard • New Quantum Realty Group
  2. Listed by Justin Haggard

Property Details for 1315 Union Street

Architectural Style
Traditional
Subdivision Name
No Subdivision
Township
Center
LISTING UPDATED: 01/14/2026 08:51 AM

Property Details for 1315 Union Street

StatusActive
MLS #22079098
Days on Market21
Taxes$2,512 semi-annually
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Duplex
Year Built1917
Lot Size0.11 AC / 4,791 SF
CountyMarion County

Location

Listing Courtesy of New Quantum Realty Group
Add your commute

Building Information for 1315 Union Street

Stories-Residences2Year Built1917Building Size-Lot Size0.11 AC / 4,791 SF

Payment Calculator

$2,441 per month

30 year fixed, 6.15% Interest

Principal and Interest

$2,023

Property Taxes

$419

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1315 Union Street

Summary
Location and General Information
  • City: Indianapolis
  • County Or Parish: Marion
  • Directions: GPS Friendly
  • Postal Code: 46225
  • Postal Code Plus4: 1665
  • Road Access: Frontage Road
  • State Or Province: IN
Taxes and HOA Information
  • Parcel Number: 491113146097000101
  • Semi Annual Property Tax Amt: 2512
  • Tax Year: 2024
  • TaxLot: 78
School Information
  • School District: Indianapolis Public Schools
Parking
  • Garage Spaces: 2.0
Property
Lot Information
  • Acreage: <1/4 Acre
  • Current Use: Residential
  • Lot Size Square Feet: 4966.0
  • Lot Size Acres: 0.11
  • New Construction: False
  • Year Built Numeric: 1917
  • Living Area Source: Assessor
Property and Assessments
  • Affected by Disclosures: No
  • Conversion: No
  • DPRYN: Yes
  • Legal Subdivision: Mc Cartys South Add L78
  • Photos Count: 12
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Transaction Type: Sale
  • Property Condition: Updated/Remodeled
Utilities
  • Solid Waste: No
Interior and Exterior Features
Interior Features
  • Basement YN: Yes
  • Cooling: Central Air
  • Levels: Two
Multi Family
Multi-Family Information
  • Total Units: 2
  • Garage Parking: 2 Car Garage
Income & Expenses
  • Expenses: 0
  • Gross Income: $32,400.00
Unit 1
  • Unit Kitchen: 13x11
  • Unit Levels: 2
  • Unit Rent Frequency: Monthly
  • Unit Type Type: 3 Bedroom
Unit 2
  • Unit Kitchen: 13x11
  • Unit Levels: 2
  • Unit Rent Frequency: Monthly
  • Unit Type Type: 3 Bedroom

Property History for 1315 Union Street

DateEvent & SourcePriceAppreciation
Jan 9, 2026

Listed (Active)

MIBORMLS #22079098

$415,000—
Oct 1, 2025

Expired

MIBORMLS #22050396

—
Oct 1, 2025

Withdrawn

MIBORMLS #22050396

—
Aug 23, 2025

Price Change

MIBORMLS #22050396

$415,000—
Jul 17, 2025

Listed (Active)

MIBORMLS #22050396

$425,000—
Jun 30, 2025

Expired

MIBORMLS #21981810

—
Jun 18, 2024

Listed (Active)

MIBORMLS #21981810

$465,000—
Feb 15, 2006

Sold (Public Record)

Public Record #238712174

$35,000—
DateEvent & SourcePrice
01/09/2026

Listed (Active)

MIBORMLS #22079098

$415,000
10/01/2025

Expired

MIBORMLS #22050396

—
10/01/2025

Withdrawn

MIBORMLS #22050396

—
08/23/2025

Price Change

MIBORMLS #22050396

$415,000
07/17/2025

Listed (Active)

MIBORMLS #22050396

$425,000
06/30/2025

Expired

MIBORMLS #21981810

—
06/18/2024

Listed (Active)

MIBORMLS #21981810

$465,000
02/15/2006

Sold (Public Record)

Public Record #238712174

$35,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1315 Union Street

Taxable ValueLand$7,700Additions$204,000Total$211,700
Tax Record2024$5,024 ($419 / month)
Home Facts
Total Finished SqFt1,508 SqFtAbove Grade Finished SqFt1,508 SqFtStories2Lot Size4,966 SqFtStyleMulti-Family Dwelling (2-4)Year Built1917Year Renovated2015CountyMARIONAPN49-11-13-146-097.000-101

Schools near 1315 Union Street

This home is within Indianapolis Public Schools.
Rating
School
Type
Grades
Distance
Public - PK to 6
Public - PK to 6
Public - PK to 6
Public - PK to 8
Rating
School
Distance
Eleanor Skillen Elementary School 34
PublicPK to 6

William McKinley School 39
PublicPK to 6

Christian Park School 82
PublicPK to 6

James A. Garfield School 31
PublicPK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

Similar Sold Homes

1315 Union Street is a multi-family home for sale in Indianapolis, IN 46225. This property was listed for sale on January 9, 2026 by New Quantum Realty Group, it's currently listed at $415,000. It has been on the market for a total of 21 days and was last sold on February 15, 2006. This listing's school district is Indianapolis Public Schools. Nearby schools include Eleanor Skillen Elementary School 34, William McKinley School 39 and Christian Park School 82. 1315 Union Street is a 0-bed, 0-bath, multi-family home built in 1917.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of New Quantum Realty Group

Based on information submitted to the MLS GRID as of 01/14/2026 08:51 AM. 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. Properties displayed may be listed or sold by various participants in the MLS. IDX information is provided exclusively 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. The data is deemed reliable but is not guaranteed by MLS GRID. Use of the MLS GRID data may be subject to an end user license agreement prescribed by the applicable MLS of the Member Participant, if any, and as amended from time to time.