517 Wallace Avenue, Indianapolis, IN 46201
Local realty services provided by:Better Homes and Gardens Real Estate Gold Key
517 Wallace Avenue,Indianapolis, IN 46201
$260,000
- - Beds
- - Baths
- - sq. ft.
- Multi-family
- Active
Listed by:cory robinson
Office:cityplace realty
MLS#:21991406
Source:IN_MIBOR
Price summary
- Price:$260,000
About this home
Attention investors and house hackers, rare opportunity to invest in an well-maintained Emerson Heights two bed, one and half bath duplex. Both units feature original hardwoods, tile tub surrounds, oak cabinets in kitchen & baths. New roof and gutters in 2022. Totally remodeled in early 2000's to the studs with all new copper supply, PVC drains and new 200amp service. Insulated exterior walls. Large private decks off each back door to make a large two bed feel even bigger. 24x24 slab w/footing for garage build. Fenced in back yard. Both units are leased below market to very long term tenants with leases expiring Oct 31st 2025.
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Home facts
- Year built:1920
- Listing ID #:21991406
- Added:1 day(s) ago
- Updated:September 04, 2025 at 11:41 PM
Heating and cooling
- Cooling:Central Electric
- Heating:Forced Air
Structure and exterior
- Roof:Asphalt
- Year built:1920
- Lot area:0.15 Acres
Utilities
- Sewer:Private Sewer Connected
Finances and disclosures
- Price:$260,000
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