REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Listed by Andy Ludlow • eXp Realty, LLC
$ 249,900
Est. payment /mo
New
5102 E University AVE Indianapolis, IN 46219
6,969 Sqft Lot
UPDATED:
10/31/2024 08:40 PM
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Subdivision Campus Terrace
MLS Listing ID 22009277
Year Built 1944
Tax Year 2023
Lot Size 6,969 Sqft
Acres 0.16
Property Description
Exceptional investment opportunity in historic Irvington! This all-brick, 1940s-built duplex is an investor's dream or perfect for a house hack. Each spacious, move-in-ready unit features 2 bedrooms, a full basement, and gorgeous hardwood flooring, with charming period details like original woodwork, doors, and a cozy breakfast nook. Enjoy additional income or tenant appeal with a unique 3-car garage (with wall A/C) and a separate storage barn. Each unit rents for $1,250-$1,350/month, offering an excellent return. With updated HVAC on both sides, ample closet space, and floor-to-ceiling windows that flood each unit with natural light, this property is well-equipped for comfort and low maintenance. Located on a large corner lot with individual driveways, it's just minutes from downtown Indy, major highways, parks, and all the shopping, entertainment, and vibrant festivals Irvington is known for. Don't miss this rare, turn-key opportunity in a prime location!
Location
State IN
County Marion
Rooms
Basement Full
Interior
Heating Forced Air, Gas
Cooling Central Electric
Fireplace N
Exterior
Exterior Feature Barn Storage
Garage Spaces 3.0
Roof Type Shingle
Parking Type Detached
Building
Story Two
Foundation Block
Architectural Style Georgian, TraditonalAmerican
Structure Type Brick
New Construction false
Schools
School District Msd Warren Township
© 2024 Listings courtesy of MIBOR as distributed by MLS GRID. All Rights Reserved.