5917 Carrollton Avenue, Indianapolis, IN 46220

Indianapolis
Local realty services provided by:Better Homes and Gardens Real Estate Gold Key
5917 Carrollton Avenue,Indianapolis, IN 46220
$350,000
Virtual Tour
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: peter stewart
Office: keller williams indpls metro n
MLS#:22075260
Source:IN_MIBOR

Price summary

  • Price:$350,000

About this home

Discover an incredibly rare investment opportunity at 5917 Carrollton Ave, located in the heart of Indy's coveted A-Class Broad Ripple neighborhood. Just steps from the Monon Trail, the Canal, and the vibrant shops, bars, and dining of Broad Ripple Ave, this property offers unbeatable walkability and central convenience. This converted limestone ranch has been thoughtfully transformed into a four-unit multifamily property-perfect for investors or creative house-hackers seeking an eclectic mix of spaces ideal for high-yield short-term or mid-term furnished rentals. STR rental projections of $7k+ per month!! The renovation is roughly 90-95% complete, making this the ideal canvas for a buyer with vision to apply final touches and maximize returns. The unit mix is distinct and full of character. The Left Unit (2 bed/1 bath) boasts a cool retro 1960s vibe with stainless counters, parquet floors, and a loft-style upper level with a bedroom, living room, and office nook. The Right Unit (3...

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Home facts

  • Year built:1954
  • Listing ID #:22075260
  • Added:44 day(s) ago
  • Updated:April 10, 2026 at 02:53 PM

Rooms and interior

  • Basement:Yes
  • Basement Description:Basement, Finished Walls, Full, Walk-Out Access

Heating and cooling

  • Cooling:Central Electric
  • Heating:Forced Air
  • Central air:Yes

Structure and exterior

  • Roof:Asphalt
  • Year built:1954
  • Lot area:0.16 Acres
  • Architectural Style:Ranch
  • Construction Materials:Vinyl With Stone
  • Foundation Description:Block

Finances and disclosures

  • Price:$350,000

Parking

  • Garage:Yes
  • Garage spaces:2
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