5102 E University Avenue Indianapolis, IN 46219

Multi-Family (2-4 Units) MLS #: 22009277 Courtesy Of eXp Realty

$249,900

0.16 acres
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Estimated monthly payments: $1,092/mo.* (recalculate)

Property InformationDescription

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!

Features

  • Age: Over 50 Years Old
  • Amenities: Dock
  • Architecture Style: Georgian
  • Exterior Type: Brick
  • Heating System: Forced Air
  • Lot Size: 0.16 Acres
  • Rooms: Basement

MAP & DIRECTIONS

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5102 E University Avenue, Indianapolis, IN 46219
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School Information

5102 E University Avenue, Indianapolis, IN 46219

Elementary School
Grades KG-8 | Public School
CENTER FOR INQUIRY SCHOOL 2
Indianapolis, IN 46202
725 N New Jersey St
317.­226.4202
Distance: 3.7 mi
School Rating
C+
Student:Teacher Ratio
11:1
Total Students
438
Elementary School
Grades PK-8 | Public School
FRANCIS PARKER MONTESSORI SCHOOL 56
Indianapolis, IN 46205
2353 Columbia Ave
317.­226.4256
Distance: 3.7 mi
School Rating
D+
Student:Teacher Ratio
8:1
Total Students
346
Elementary School
Grades PK-8 | Public School
IPS BUTLER UNIVERSITY LABORATORY SCHOOL 55
Indianapolis, IN 46220
1349 E 54th St
317.­226.4255
Distance: 6.5 mi
School Rating
D+
Student:Teacher Ratio
12:1
Total Students
418
Elementary School
Grades KG-6 | Public School
GEORGE W. JULIAN ELEMENTARY SCHOOL 57
Indianapolis, IN 46219
5435 E Washington St
317.­226.4257
Distance: 0.5 mi
School Rating
C-
Student:Teacher Ratio
7:1
Total Students
183
Middle School
Grades 7-8 | Public School
ARLINGTON MIDDLE SCHOOL
Indianapolis, IN 46204
120 E Walnut St
317.­822.7980
Distance: 5.5 mi
School Rating
C
Student:Teacher Ratio
8:1
Total Students
435
High School
Grades 9-12 | Public School
SHORTRIDGE HIGH SCHOOL
Indianapolis, IN 46208
3401 N Meridian St
317.­226.2810
Distance: 5.3 mi
School Rating
D
Student:Teacher Ratio
9:1
Total Students
1077
High School
Grades 9-12 | Public School
GEORGE WASHINGTON HIGH SCHOOL
Indianapolis, IN 46222
2215 W Washington St
317.­693.5555
Distance: 6.2 mi
School Rating
D
Student:Teacher Ratio
9:1
Total Students
798
High School
Grades 9-12 | Public School
CRISPUS ATTUCKS HIGH SCHOOL
Indianapolis, IN 46202
1140 Dr Martin Luther King Jr St
317.­226.2800
Distance: 4.8 mi
School Rating
D+
Student:Teacher Ratio
10:1
Total Students
1157
High School
Grades 9-12 | Public School
ARSENAL TECHNICAL HIGH SCHOOL
Indianapolis, IN 46201
1500 E Michigan St
317.­693.5300
Distance: 2.9 mi
School Rating
D+
Student:Teacher Ratio
10:1
Total Students
2103
High School
Grades 9-12 | Public School
PURDUE POLYTECHNIC HIGH SCHOOL
Indianapolis, IN 46225
525 S Meridian St Ste Lla
317.­832.1200
Distance: 4.0 mi
School Rating
D-
Student:Teacher Ratio
22:1
Total Students
543
Other Nearby Schools Distance Type Grades School Rating
Our Lady Of Lourdes School 0.4 mi Private PK-8
Christian Park Elementary School 82 0.5 mi Public KG-6 D+
Ralph W. Emerson Elementary School 58 0.7 mi Public PK-6 D+
Shepherd Academy 0.8 mi Private PK-5
Little Flower Catholic School 1.4 mi Private PK-8
Scecina Memorial High School 1.5 mi Private 9-12
Paramount Englewood 1.6 mi Public 5-8 A-
Victory College Preparatory Academy 1.6 mi Public KG-12 B-
Irvington Community School 1.6 mi Public KG-12 C
Anna Brochhausen Elementary School 88 1.7 mi Public KG-6 D
Brookside Elementary School 54 1.9 mi Public KG-6 D+
St Philip Neri School 2.0 mi Private PK-8
Paul I. Miller Elementary School 114 2.1 mi Public KG-6 D-
Paramount Brookside 2.1 mi Public KG-8 A
Trinity Christian School 2.2 mi Private PK-12
Thomas D. Gregg Elementary School 15 2.2 mi Public PK-6 C
Piloted Schools Bethel Park 2.4 mi Public KG-4 D+
The Oaks Academy - Brookside 2.4 mi Private PK-5
Lowell Elementary School 2.5 mi Public KG-4 C
This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

Demographic Data

Indianapolis, IN 46219

Median Age: 38.3
Married: 31%
Number of Households: 15,549
Households with Children: 23.9%
  • Occupancy Types
    • 0 Vacant
    • 0 Owned
    • 0 Rented
  • Transportation to Work
    • 0 Drive
    • 0 Public Transportation
    • 0 Walk / Bike / Other
    • 0 Work at Home
Copyright © 2024 MIBOR Service Corporation. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.