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
$450,000
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:$450,000

About this home

An outstanding investment opportunity in a highly sought-after location, featuring one tenant already in place for instant income and a vacant unit ready for an owner-occupant or a new tenant. Located just off College Avenue and 54th Street in the heart of Midtown Indianapolis, this classic duplex presents a rare opportunity for house hackers, investors, and owner-occupants alike. The property combines historic character, modern updates, and exceptional walkability to some of the city's most popular restaurants, coffee shops, parks, and entertainment destinations. The 642 side has been extensively updated and features a newer HVAC system and water heater for added peace of mind. Currently leased through January at $1,725 per month, it provides immediate income with potential upside to market rents. The 644 side is vacant and move-in ready, showcasing beautiful original hardwood floors and timeless charm, making it ideal for an owner-occupant or new tenant. Additional...

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Home facts

  • Year built:1920
  • Subdivision & Development:Samuel Clarks
  • Listing ID #:22105879
  • Added:56 day(s) ago
  • Updated:July 31, 2026 at 04:28 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:$450,000
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