5130 E Michigan Street, Indianapolis, IN 46219

$214,900

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

List Price
$214,900
MLS#
22114549
Days on Market
11
Status
ACTIVE

Property Description

Fantastic investment opportunity to own this duplex in the heart of Irvington, known for its historic charm and strong community feel. This property features 3 bedrooms and 2 full bathrooms in both units. Both units have Range and refrigerator as well as washer/dryer hookup on the main floor. Unit 2 is currently tenant occupied, providing $970 mo immediate cash flow. Unit 1 had been recently renting for $1,090 mo. Unit 1 has a new 90% gas furnace and newer LVP flooring and carpets and ready to be rented. Easy to maintain vinyl siding. Conveniently located near shopping, grocery stores, restaurants and Ellenberger Park. Property Sold as-is. Tenants pay all utilities except water/sewer. Tenants do not have access to the basement so could also provide another stream of income for storage.

Additional Information

Tenant Pays
Electricity, Gas
Owner Pays
Sewer, Water
Basement
Unfinished
Foundation
Block
Stories
Two
Architecture
Traditional
Acres
0.13
Heat
Electric, Forced Air, Natural Gas, High Efficiency (90%+ AFUE )
Cooling
Central Air
Region
Warren

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Doc Real Estate, Inc.

Information Deemed Reliable But Not Guaranteed. © 2026 MIBOR Broker Listing Cooperative