617-619 N Riley Avenue, Indianapolis, IN 46201

Indianapolis
Local realty services provided by:Better Homes and Gardens Real Estate Gold Key
617-619 N Riley Avenue,Indianapolis, IN 46201
$179,900
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Pending
Listed by: lauren hewitt
Office: f.c. tucker company
MLS#:22109986
Source:IN_MIBOR | Licensed in Indiana

Price summary

  • Price:$179,900

About this home

Fantastic investment opportunity in Emerson Heights! 1925-built duplex with vintage charm (Hardwood floors! Built-in-bookcases!) and offering two 3-bed, 1-bath units + sunroom on .14 acres, with 2 parking pads and a storage shed. Both sides have long-term renters in place, which are currently on month-to-month leases, renting well below market for $600 and $650. Seller has made some improvements (see attached list); with additional updates, could see immediate upside and nearly double this rental income. Easy to maintain vinyl siding with brick (wood details!). Conveniently located near shopping, grocery stores, restaurants, and Ellenberger Park. Property is sold as-is.

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Home facts

  • Year built:1925
  • Subdivision & Development:Emerson Heights
  • Listing ID #:22109986
  • Added:92 day(s) ago
  • Updated:September 27, 2026 at 08:25 AM

Rooms and interior

  • Basement:Yes
  • Basement Description:Basement

Heating and cooling

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

Structure and exterior

  • Roof:Asphalt, Shingle
  • Year built:1925
  • Lot area:0.14 Acres
  • Construction Materials:Brick, Vinyl Siding, Wood Siding
  • Exterior Features:Storage Shed
  • Foundation Description:Block, Crawl Space

Utilities

  • Water:Water
  • Sewer:Separate Sewer Meter

Finances and disclosures

  • Price:$179,900
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