1339 N Gale St, Indianapolis, IN, 46201
About This Home
Turnkey investment opportunity at 1339-1341 N Gale St. This fully updated duplex features two levels per unit, an unfinished basement, and a rear garage for additional storage or parking. Each unit offers 4 bedrooms and 2 full baths with modern finishes throughout, including new flooring, updated kitchens, refreshed bathrooms, and bright, open living spaces. One unit is currently rented at $2,551 per month, providing immediate income. Located in a rapidly growing Near Eastside neighborhood close to downtown, parks, dining, and ongoing revitalization projects. Whether you're an investor seeking strong cash flow or an owner-occupant looking to offset living costs, this renovated and spacious duplex is perfectly positioned for high rental demand. Don't miss this exceptionally clean, income-producing property!
Getting Around
Somewhat Walkable
Some Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 1900
Type & Style
- Home type: MultiFamily
- Property subType: Multi Family,Duplex
Interior
Basement
- Has basement: Yes
- Basement: Unfinished
Bedrooms & Bathrooms
- Bedrooms: 8
- Bathrooms: 4
- Main level bathrooms: 4
Property
Details
- Parcel number: 490732204102000101
Features
- Levels: Two
- Stories: 2
Lot
- Lot size: 4,356 sqft
Parking
- Total spaces: 1
- Parking features: Alley Access
- Attached garage spaces: 1
- Covered spaces: 1
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Cold Wave
- Heat Wave
- Strong Wind
- Tornado
How This Home’s Risks Compare
FEMA Declared Disasters Across Indiana Counties
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $1,845 | $22,140 |
| Home Insurance * | $362 | $4,344 |
| Property Taxes | $277 | $3,324 |
| Electricity | $184 | $2,212 |
| Total | $2,668 | $32,016 |
Income You'd Need if You Spent...
Indiana FAIR Plan Programs
Indiana Basic Property Insurance Underwriting Association
Wildfire
HailWindHow Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-04-29 | Listed for sale | $364,999 |
| 2026-02-13 | Pending sale | $364,999 |
| 2026-01-25 | Price change | $364,999 |
| 2025-12-10 | Listed for sale | $375,000 |
| 2022-05-23 | Sold | $210,000 |
| 2022-03-29 | Sold | $99,900 |
| 2021-10-28 | Sold | $62,500 |
| 2021-10-01 | Pending sale | $71,999 |
| 2021-09-30 | Listed for sale | $71,999 |
| 2021-07-19 | Listing removed | -- |
| 2021-06-28 | Price change | $79,999 |
| 2021-06-14 | Listed for sale | $85,000 |
| 2018-12-06 | Sold | $13,500 |
| 2017-05-26 | Sold | $59,500 |
| 2000-06-23 | Sold | $45,000 |
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