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!
Sold
$249,900
5102 E University Ave, Indianapolis, IN 46219
4beds
2baths
--sqft
Multi Family, Duplex
Built in 1944
-- sqft lot
$253,100 Zestimate®
$--/sqft
$-- HOA
What's special
Zillow last checked: 7 hours ago
Listing updated: December 18, 2024 at 09:04am
Listing Provided by:
Andy Ludlow abrl9475@gmail.com,
eXp Realty, LLC
Bought with:
RJ Russell
Highgarden Real Estate
Source: MIBOR as distributed by MLS GRID,MLS#: 22009277

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
Heating
- Forced Air, Natural Gas
Cooling
- Central Air
Appliances
- Laundry: In Basement
Features
- Basement: Full
Property
Parking
- Total spaces: 3
- Parking features: Detached
- Garage spaces: 3
- Details: Unit Parking(1 Car Garage, 1 Car Space, 2 Car Garage, 2 Car Space, Guest Parking, On Street, Other)
Features
- Levels: Two
- Stories: 2
Lot
- Size: 6,969 sqft
Details
- Additional structures: Barn Storage
- Parcel number: 491010166013000701
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Georgian,Traditional
- Property subtype: Multi Family, Duplex
Materials
- Brick
- Foundation: Block
- Roof: Shingle
Condition
- New construction: No
- Year built: 1944
Community & neighborhood
Location
- Region: Indianapolis
- Subdivision: Campus Terrace
Other
Other facts
- Road surface type: Asphalt
Services availability
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Estimated market value
$253,100
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$253,100