$270,000
Pending

517 Riley Avenue

Indianapolis, IN 46201
Listing OfficeBerkley & State, LLC
Browse 32 photos
Type:Purchase
Structure:2 Family
Zone:Residential

Description

ATTENTION: Investors & House-Hackers! This well-maintained, remodeled duplex offers a perfect blend of charm and modern updates, making it a rare turn-key investment opportunity in the heart of Emerson Heights. Each side of this spacious property features 3 bedrooms and 1 full bath, with thoughtfully updated interiors including fully refinished hardwood floors, fresh paint throughout, and stylishly renovated bathrooms. The home's character shines through with original custom-built cabinetry and intricate railing details that highlight the property's historic architecture. Both units also offer clean, usable basements with washer and dryer hookups. Recent system upgrades include a new roof, AC unit, furnace, and water heater. The property is individually metered, simplifying utility management. The property features a garage and off-street parking pad for each unit, a rare find in the neighborhood. 517 is currently under-rented at $1,100/month until 05/20/26. 519 is vacant, but has potential with projected rents of $1,200-$1,350/month. Whether you're an investor seeking solid cash flow or a homeowner looking to house-hack, this move-in-ready duplex checks all the boxes. Occupied unit being shown at this time on Wednesday, 07/16 from 4-6pm.

  • Property Details
      • School DistrictIndianapolis Public Schools
      • SubdivisionEmerson Heights
      • BasementUnfinished
      • Property TypePurchase
      • Original List Price$270,000
      • MLS #22050508
      • MLS #22050508
      • CountyMarion
      • Cost270000
      • Property SubtypeDuplex
      • Structure TypeDuplex
      • Exterior MaterialsOther
      • FoundationBlock
      • Acres0.14
      • Year Built1922
      • Parking Spaces2

Location

Bernie GoodmanGoodman Group
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