Large remodeled duplex in the heart of Meridian-Kessler, offering the perfect blend of charm, modern updates, and a highly walkable location. Each spacious unit features 3 bedrooms and 1.5 bathrooms with updated kitchens and bathrooms completed in 2021. The major mechanicals of HVAC systems and water heaters were also replaced in 2021 for added peace of mind. Tenants enjoy private, fenced-in yards and convenient off-street parking. Ideally located walking distance from some of Indy's favorite local spots, this property offers unbeatable access to the area's best dining and neighborhood amenities. The 5234 unit is leased month-to-month at $1,750, while the 5236 unit is leased at $1,675 through May 31, 2025. This is solid investment opportunity in one of Indianapolis' most sought-after neighborhoods perfect for a an investor or house-hacker.
Sold
$397,000
5234 N College Ave, Indianapolis, IN 46220
6beds
4baths
--sqft
Multi Family, Duplex
Built in 1922
-- sqft lot
$397,200 Zestimate®
$--/sqft
$1,950 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: May 20, 2025 at 09:47am
Listing Provided by:
Morgan Thompson morgan@berkleyandstate.com,
Berkley & State, LLC
Bought with:
Dana Rivers
Resolute Realty
Source: MIBOR as distributed by MLS GRID,MLS#: 22028246

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 4
Appliances
- Laundry: Connections All
Features
- Basement: Unfinished
Property
Parking
- Details: Unit Parking(Unpaved)
Features
- Levels: Two
- Stories: 2
Lot
- Size: 5,662 sqft
Details
- Parcel number: 490612233169000801
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family, Duplex
Materials
- Foundation: Block
Condition
- New construction: No
- Year built: 1922
Community & neighborhood
Location
- Region: Indianapolis
- Subdivision: Meridian Kessler
Services availability
Get a cash offer in 3 minutes
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Estimated market value
$397,200
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
$397,200