515 Sutherland Avenue, Indianapolis, IN 46205
Local realty services provided by:Better Homes and Gardens Real Estate Gold Key
515 Sutherland Avenue,Indianapolis, IN 46205
$417,000
- - Beds
- - Baths
- - sq. ft.
- Multi-family
- Active
Listed by: dawn mcclara, will lonnemann
Office: f.c. tucker company
MLS#:22124636
Source:IN_MIBOR | Licensed in Indiana
Price summary
- Price:$417,000
About this home
Live in one side and let the other help pay the mortgage! This updated duplex offers a fantastic opportunity for an owner-occupant looking to house hack or an investor seeking a versatile addition to their portfolio. Each unit features 2 bedrooms, 1.5 baths, plus finished third-floor attic space offering valuable flexibility as a bonus room, home office, dressing area, hobby space, or additional storage. Both units have benefited from numerous updates and improvements. The 515 side features renovated bathrooms, updated kitchen finishes including granite and butcher block countertops, updated plumbing and light fixtures, newer carpeting, a repaired rear porch, replacement dishwasher and recently replaced washing machine. A portion of the exterior sewer line serving the property was also replaced approximately two years ago. The 517 side has been freshly painted throughout and features new granite kitchen countertops, an updated upstairs bathroom, updated plumbing and light fixtures, newer carpeting throughout the stairways and third floor, a newer refrigerator, and recently replaced washer and dryer. The rear deck has also received additional repairs and fresh paint. With two spacious units, flexible finished attic areas, separate living spaces, and extensive updates already completed, this property offers options for a variety of buyers. Live in one unit while generating rental income from the other, rent both units for investment income, or create a multigenerational living arrangement while maintaining separate spaces.Conveniently located with access to everything Indianapolis has to offer, 515-517 Sutherland is ready for its next chapter. Home is on Indiana Historic Landmark Registry (see attached covenant)....
Contact an agent
Home facts
- Year built:1900
- Subdivision & Development:Wrights Park Ave
- Listing ID #:22124636
- Added:56 day(s) ago
- Updated:October 31, 2026 at 08:36 PM
Rooms and interior
- Basement:Yes
- Basement Description:Basement
Heating and cooling
- Cooling:Separate Meters
- Heating:Forced Air
Structure and exterior
- Roof:Shingle
- Year built:1900
- Lot area:0.08 Acres
- Lot Features:Mature Trees, Sidewalks
- Architectural Style:Craftsman
- Construction Materials:Wood Siding
- Foundation Description:Brick
Utilities
- Sewer:Sewer
Finances and disclosures
- Price:$417,000
New listings near 515 Sutherland Avenue
- Coming Soon
$360,000Coming Soon4 beds 3 baths3,982 sq. ft.1906 Crossman Drive, Indianapolis, IN 46227
MLS# 22134221Listed by: KELLER WILLIAMS INDPLS METRO N - Coming Soon
$650,000Coming Soon4 beds 3 baths2,445 sq. ft.4535 Central Avenue, Indianapolis, IN 46205
MLS# 22134314Listed by: @PROPERTIES - Coming Soon
$395,000Coming Soon4 beds 3 baths2,282 sq. ft.4512 Manning Road, Indianapolis, IN 46228
MLS# 22134154Listed by: ENCORE SOTHEBY'S INTERNATIONAL - Coming Soon
$1,950,000Coming Soon4 beds 5 baths4,144 sq. ft.5808 Central Avenue, Indianapolis, IN 46220
MLS# 22132207Listed by: F.C. TUCKER COMPANY - Coming Soon
$459,900Coming Soon3 beds 4 baths2,799 sq. ft.5141 E Pleasant Run Parkway South Drive, Indianapolis, IN 46219
MLS# 22134165Listed by: WEICHERT, REALTORS-TRALEE PROP - Coming Soon
$475,000Coming Soon4 beds 3 baths2,694 sq. ft.370 W 52nd Street, Indianapolis, IN 46208
MLS# 22129120Listed by: F.C. TUCKER COMPANY - Coming Soon
$269,900Coming Soon2 beds 2 baths1,440 sq. ft.10652 Medinah Drive #37, Indianapolis, IN 46234
MLS# 22134059Listed by: F.C. TUCKER COMPANY - Coming Soon
$719,000Coming Soon3 beds 4 baths4,112 sq. ft.9736 Shelbyville Road, Indianapolis, IN 46001
MLS# 22133438Listed by: F.C. TUCKER COMPANY - Coming Soon
$450,000Coming Soon2 beds 2 baths1,640 sq. ft.4000 N Meridian Street #14J, Indianapolis, IN 46208
MLS# 22131831Listed by: MAYWRIGHT PROPERTY CO. - Coming Soon
$335,000Coming Soon4 beds 3 baths3,039 sq. ft.1517 Amberwoods Court, Indianapolis, IN 46239
MLS# 22133041Listed by: VISIONARY EMPOWERMENT REALTY GROUP