$294,900
For Sale

5114 Hillside Avenue

Indianapolis, IN 46205
1768 sqft | 3 beds | 2 baths | 0.13 acres | #22012485
Listing OfficeFerris Property Group
Browse 29 photos
Type:Purchase
Structure:House
Zone:Residential

Description

This is the perfect investment opportunity for you! PROPERTY HAS POTENTIAL TO MAKE $3,600/MO IN GROSS RENTS. This fully updated home, currently configured as a duplex, is a rare find on a quiet dead-end street with minimal road noise. The upstairs unit features 2 spacious bedrooms, 1 modern bathroom, and an open-concept living area with updated finishes throughout. The finished basement apartment offers 1 bedroom, 1 bathroom, a cozy living space, and its own private entrance, providing flexibility for tenants or guests. Both units are successfully operating as mid-term rentals and come fully furnished with everything needed to continue generating consistent cash flow immediately. The property's layout allows for an easy conversion back into a single-family home, making it an excellent option for investors or homeowners seeking long-term versatility. Close to everything Indy has to offer, this property combines charm, modern upgrades, and incredible income potential. Schedule your showing today to see all the possibilities this property has to offer!

  • Property Details
      • Utility FeaturesElectricity Connected, Water Connected
      • School DistrictIndianapolis Public Schools
      • Property SubtypeSingle Family Residence
      • Utility SourceMunicipal/City
      • InteriorWindows Vinyl
      • SubdivisionA L Wrights
      • Property TypePurchase
      • Original List Price$299,900
      • MLS #22012485
      • MLS #22012485
      • CountyMarion
      • Cost294900
      • FoundationBrick
      • Acres0.13
      • Square Feet1768
      • Year Built1950
      • Bedrooms3
      • Bathrooms2
      • Full Baths2

Location

Bernie GoodmanGoodman Group
$
years

Down Payment

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%
10.0%

Interest Rate

%
6.0%

Tax Rate

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2.6%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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Loan Amount
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