5130 E Michigan Street, Indianapolis, IN 46219

Indianapolis
Local realty services provided by:Better Homes and Gardens Real Estate Gold Key
5130 E Michigan Street,Indianapolis, IN 46219
$214,900
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: michael deak
Office: doc real estate, inc
MLS#:22114549
Source:IN_MIBOR

Price summary

  • Price:$214,900

About this home

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.

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Home facts

  • Year built:1920
  • Subdivision & Development:Emerson Ave Add
  • Listing ID #:22114549
  • Added:14 day(s) ago
  • Updated:July 31, 2026 at 04:28 PM

Rooms and interior

  • Basement:Yes
  • Basement Description:Basement, Unfinished

Heating and cooling

  • Cooling:Central Electric
  • Heating:Electric, Forced Air, High Efficiency (90%+ AFUE )
  • Central air:Yes

Structure and exterior

  • Roof:Asphalt
  • Year built:1920
  • Lot area:0.13 Acres
  • Foundation Description:Block

Utilities

  • Water:Water
  • Sewer:Sewer

Finances and disclosures

  • Price:$214,900
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