5102 E University AVE Pending

Indianapolis,IN 46219

$ 249900

- Bed

- Bath

- SqFt


Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Pending

Purchase Type For Sale

Subdivision Campus Terrace

MLS Listing ID 22009277

Year Built 1944

Tax Year 2023

Lot Size 6,969 Sqft

Property Description

Exceptional investment opportunity in historic Irvington! This all-brick, 1940s-built duplex is an investor's dream or perfect for a house hack. Each spacious, move-in-ready unit features 2 bedrooms, a full basement, and gorgeous hardwood flooring, with charming period details like original woodwork, doors, and a cozy breakfast nook. Enjoy additional income or tenant appeal with a unique 3-car garage (with wall A/C) and a separate storage barn. Each unit rents for $1,250-$1,350/month, offering an excellent return. With updated HVAC on both sides, ample closet space, and floor-to-ceiling windows that flood each unit with natural light, this property is well-equipped for comfort and low maintenance. Located on a large corner lot with individual driveways, it's just minutes from downtown Indy, major highways, parks, and all the shopping, entertainment, and vibrant festivals Irvington is known for. Don't miss this rare, turn-key opportunity in a prime location!

Location

State IN

County Marion

Interior

Heating Forced Air,Gas

Cooling Central Electric

Exterior

Exterior Feature Barn Storage

Garage Spaces 3.0

Roof Type Shingle

Building

Story Two

Foundation Block

Structure Type Brick

New Construction false

Schools

School District Msd Warren Township

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