856 River Avenue, Indianapolis, IN 46221

Indianapolis
Local realty services provided by:Better Homes and Gardens Real Estate Gold Key
856 River Avenue,Indianapolis, IN 46221
$230,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: stephen flanagan
Office: r. p. lux company
MLS#:22094993
Source:IN_MIBOR

Price summary

  • Price:$230,000

About this home

Multi-unit opportunity near the expanding Elanco Animal Health campus and future OneHealth Innovation District. Property features a 3BR/1BA main home (vacant and available for owner-occupant or lease-up) plus a detached 1BR/1BA guesthouse currently rented month-to-month at $800/month. Ideal for house hacking or investment with strong rental demand and long-term upside.

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Home facts

  • Year built:1890
  • Listing ID #:22094993
  • Added:91 day(s) ago
  • Updated:July 13, 2026 at 05:07 PM

Rooms and interior

  • Basement:Yes
  • Basement Description:Basement

Heating and cooling

  • Cooling:Separate Meters

Structure and exterior

  • Year built:1890
  • Lot area:0.12 Acres
  • Lot Features:Curbs, Sidewalks, Street Lights
  • Construction Materials:Brick, Vinyl Siding

Utilities

  • Water:Water
  • Sewer:Sewer

Finances and disclosures

  • Price:$230,000

Parking

  • Garage:Yes
  • Garage spaces:2
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