642 E 54th Street, Indianapolis, IN 46220

Indianapolis
Local realty services provided by:Better Homes and Gardens Real Estate Gold Key
642 E 54th Street,Indianapolis, IN 46220
$499,000
Virtual Tour
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: daniel hubbard, alex montagano
Office: exp realty llc.
MLS#:22105879
Source:IN_MIBOR

Price summary

  • Price:$499,000

About this home

Investment opportunity, owner-occupant dream, or short-term rental potential in one of Indianapolis' most sought-after locations! Situated just off College Avenue and 54th Street, this classic duplex offers the perfect blend of updated amenities, historic charm, and unbeatable convenience. The 642 side has been fully updated and features a newer HVAC system and water heater providing peace of mind for years to come. Currently leased at $1,725 per month through January, it offers immediate income for investors. The 644 side is vacant and move-in ready, showcasing timeless character with beautiful original hardwood floors and endless possibilities for an owner-occupant or new tenant. Enjoy double covered front porches with separate entrances for each unit, creating privacy and curb appeal, along with private rear parking for added convenience. The roof was replaced in December of 2024 and whether you're looking to house hack, expand your rental portfolio, or live in one unit while...

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Home facts

  • Year built:1920
  • Listing ID #:22105879
  • Added:2 day(s) ago
  • Updated:June 07, 2026 at 11:42 PM

Rooms and interior

  • Basement:Yes
  • Basement Description:Basement, Unfinished

Heating and cooling

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

Structure and exterior

  • Roof:Shingle
  • Year built:1920
  • Lot area:0.1 Acres
  • Foundation Description:Block

Finances and disclosures

  • Price:$499,000
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