BACK ON MARKET: Welcome to 5262-5264 College Ave, a massive renovated duplex in the highly sought-after Meridian-Kessler neighborhood of Indianapolis! This timeless brick property offers two spacious units, each featuring 3 bedrooms and 1.5 baths. Renovated in early 2022, the duplex has modern updates throughout, including roof, HVAC systems, and water heaters installed in 2021-2022, ensuring peace of mind for years to come. Situated on College Avenue, this location offers unbeatable walkability to some of Indy's best bars and restaurants. Just steps away, you'll find Half Liter BBQ & Beer Hall, Fat Dan's, The Bulldog Bar, Prufock Coffee, Upland Brewing Company, Twenty Tap & more-all just minutes from your doorstep. With easy access to Broad Ripple, downtown Indianapolis, and the Monon Trail, this property offers the perfect mix of urban convenience and neighborhood charm. 5262 side is under-rented at $1,695 until 1/31/2026 and the 5264 side is vacant. Whether you're looking for long-term rental income, house hacking, or an Airbnb opportunity, this duplex is a rare find in one of the city's most desirable areas.
Active
Price cut: $20.1K (4/18)
$489,900
5262 N College Ave, Indianapolis, IN 46220
6beds
4baths
--sqft
Est.:
Multi Family, Duplex
Built in 1922
-- sqft lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Spacious unitsTimeless brick property
- 40 days
- on Zillow |
- 1,105 |
- 75 |
Zillow last checked: 7 hours ago
Listing updated: April 24, 2025 at 03:04pm
Listing Provided by:
Morgan Thompson morgan@berkleyandstate.com,
Berkley & State, LLC
Source: MIBOR as distributed by MLS GRID,MLS#: 22027001

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Tour with a buyer’s agent
Tour with a buyer’s agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 4
Appliances
- Laundry: In Basement
Features
- Has basement: Yes
Property
Parking
- Total spaces: 2
- Parking features: Detached
- Garage spaces: 2
Features
- Levels: Two
- Stories: 2
Lot
- Size: 5,662.8 Square Feet
Details
- Parcel number: 490612233079000801
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family, Duplex
Materials
- Brick
- Foundation: Block
- Roof: Shingle
Condition
- New construction: No
- Year built: 1922
Community & HOA
Community
- Subdivision: Meridian Kessler
Location
- Region: Indianapolis
Financial & listing details
- Tax assessed value: $245,700
- Annual tax amount: $5,212
- Date on market: 3/17/2025
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