$202,000
$214,900
6.0%For more information regarding the value of a property, please contact us for a free consultation.
5130 E Michigan ST Indianapolis, IN 46219
5,662 Sqft Lot
Key Details
Sold Price $202,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Subdivision Emerson Ave Add
MLS Listing ID 22114549
Sold Date 09/15/26
Year Built 1920
Tax Year 2025
Lot Size 5,662 Sqft
Acres 0.13
Property Sub-Type Duplex
Property Description
Fantastic investment opportunity to own this duplex in the heart of Irvington, known for its historic charm and strong community feel. This property features 3 bedrooms and 2 full bathrooms in both units. Both units have Range and refrigerator as well as washer/dryer hookup on the main floor. Unit 2 is currently tenant occupied, providing $970 mo immediate cash flow. Unit 1 had been recently renting for $1,090 mo. Unit 1 has a new 90% gas furnace and newer LVP flooring and carpets and ready to be rented. Easy to maintain vinyl siding. Conveniently located near shopping, grocery stores, restaurants and Ellenberger Park. Property Sold as-is. Tenants pay all utilities except water/sewer. Tenants do not have access to the basement so could also provide another stream of income for storage.
Location
State IN
County Marion
Rooms
Basement Unfinished
Interior
Cooling Central Air
Fireplace N
Exterior
Roof Type Asphalt
Building
Story Two
Foundation Block
Architectural Style Traditional
New Construction false
Schools
School District Msd Warren Township
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© 2026 All listing information is courtesy of MIBOR Broker Listing Cooperative(R) as distributed by MLS Grid. All rights reserved.
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