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$294,900 -

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!

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Property Details

Price: $294,900 Previously: $294,900 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

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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 February 5th, 2025 at 2:46am EST.

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