517 N Riley Avenue, Indianapolis, IN 46201

Local realty services provided by:Better Homes and Gardens Real Estate Gold Key
517 N Riley Avenue,Indianapolis, IN 46201
$270,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Pending
Listed by:morgan thompson
Office:berkley & state, llc.
MLS#:22050508
Source:IN_MIBOR

Price summary

  • Price:$270,000

About this home

ATTENTION: Investors & House-Hackers! This well-maintained, remodeled duplex offers a perfect blend of charm and modern updates, making it a rare turn-key investment opportunity in the heart of Emerson Heights. Each side of this spacious property features 3 bedrooms and 1 full bath, with thoughtfully updated interiors including fully refinished hardwood floors, fresh paint throughout, and stylishly renovated bathrooms. The home's character shines through with original custom-built cabinetry and intricate railing details that highlight the property's historic architecture. Both units also offer clean, usable basements with washer and dryer hookups. Recent system upgrades include a new roof, AC unit, furnace, and water heater. The property is individually metered, simplifying utility management. The property features a garage and off-street parking pad for each unit, a rare find in the neighborhood. 517 is currently under-rented at $1,100/month until 05/20/26. 519 is vacant, but has

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Home facts

  • Year built:1922
  • Listing Id #:22050508
  • Added:31 day(s) ago
  • Updated:July 23, 2025 at 08:36 PM

Heating and cooling

  • Cooling:Central Electric

Structure and exterior

  • Roof:Shingle
  • Year built:1922
  • Lot area:0.14 Acres

Finances and disclosures

  • Price:$270,000