Indianapolis Real Estate Index

Contact Red Door Real Estate

If you have any questions or need more detailed information, please feel free to contact me via phone at 317-RED-DOOR / 317-733-3667 or fill out the form to let us know how we can help with your real estate needs.

Phone: (317) 733-3667
Fax: (317) 663-0840

Refine your search...
Use the form below to narrow down your results
Hi There! Is this Your First Time?

Did you know if you Register you have access to free search tools including the ability to save listings and property searches? Did you know that you can bypass the search altogether and have listings sent directly to your email address? Check out our how-to page for more info.

Back to Results
$274,900 -

5114 Hillside Avenue Indianapolis IN 46205

3
Bedrooms
2
Baths
N/A
SQ. Feet
(Above Ground)
0.13
Acres

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!

Follow ►
  • Subscribe to Our Blog RSS
Read More...

Property Details

Price: $274,900 Previously: $274,900 Originally: $299,900 Bedrooms: 3 Bathrooms: 2.00 MLS #: 22012485 Year Built: 1950 Township: Washington Sq. Ft Total: 1,768 Type: Residential Zip Code: 46205 City: Indianapolis Subdivision: A L Wrights County: Marion School District: Indianapolis Public Schools

Interior Features

Interior Features:
  • Appliances: Dishwasher, Electric Oven, Refrigerator
  • Cooling: Central Electric
  • Heating: Forced Air

Exterior Features

Exterior Features:
  • # Acres: 0.13

Listing Office: Ferris Property Group

Office Contact: kiki@ferrispropertygroup.com

Similar Properties To: 5114 Hillside Avenue, Indianapolis

$215,000
2 br, 1 ba, 1,605 ft²
University Highland
MLS® #:
21999517
Provider:
Highgarden Real Estate
532 E Mills Avenue, Indianapolis
$245,000
3 br, 1 ba, 1,056 ft²
Speedway City
MLS® #:
22029458
Provider:
Coldwell Banker - Kaiser
4933 Ford Street, Indianapolis
$195,000
4 br, 1½ ba, 1,200 ft²
Daggy Etal Star Addition
MLS® #:
22028656
Provider:
Highgarden Real Estate
4414 Lexington Avenue, Indianapolis
$259,000
3 br, 1 ba, 2,336 ft²
Dunlop & Tutewilers
MLS® #:
22029812
Provider:
Amr Real Estate Llc
430 Parkway Avenue, Indianapolis
$255,000
2 br, 1 ba, 1,932 ft²
Meridian Kessler
MLS® #:
22033411
Provider:
Highgarden Real Estate
3967 N Park Avenue, Indianapolis
$325,000
3 br, 2½ ba, 1,967 ft²
Silver Stream
MLS® #:
22016602
Provider:
Mike Watkins Real Estate Group
4612 Amber Wood Drive, Indianapolis
$240,000
3 br, 1 ba, 930 ft²
No Subdivision
MLS® #:
22023059
Provider:
Exp Realty Llc
1408 W Banta Road, Indianapolis
$289,900
3 br, 2 ba, 1,952 ft²
Devonshire
MLS® #:
22020663
Provider:
F.c. Tucker Company
6149 Winnpeny Lane, Indianapolis

View all similar properties here

All information is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties that a consumer may be interested in purchasing. All Information believed to be reliable but not guaranteed and should be independently verified. © 2025 Metropolitan Indianapolis Board of REALTORS®. All rights reserved.

Listing information last updated on April 22nd, 2025 at 7:31pm EDT.

My Account

Log in, to view your saved searches and add to your favorite listings.

Sign Up Here For Your FREE Account

... So You Can:

  • View detailed property information
  • Print detailed property flyers
  • Save your searches & favorite homes
  • Inquire about a private showing
  • Map individual property locations
  • Share your favorite homes with friends
Interested In This Property?