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$430,000 -

5234 N College Avenue Indianapolis IN 46220

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

Large remodeled duplex in the heart of Meridian-Kessler, offering the perfect blend of charm, modern updates, and a highly walkable location. Each spacious unit features 3 bedrooms and 1.5 bathrooms with updated kitchens and bathrooms completed in 2021. The major mechanicals of HVAC systems and water heaters were also replaced in 2021 for added peace of mind. Tenants enjoy private, fenced-in yards and convenient off-street parking. Ideally located walking distance from some of Indy's favorite local spots, this property offers unbeatable access to the area's best dining and neighborhood amenities. The 5234 unit is leased month-to-month at $1,750, while the 5236 unit is leased at $1,675 through May 31, 2025. This is solid investment opportunity in one of Indianapolis' most sought-after neighborhoods perfect for a an investor or house-hacker.

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Property Details

Price: $430,000 Previously: $430,000 Originally: $435,000 Bathrooms: 0.00 MLS #: 22028246 Year Built: 1922 Township: Washington Type: Residential Income Zip Code: 46220 City: Indianapolis Subdivision: Meridian Kessler County: Marion School District: Indianapolis Public Schools

Interior Features

Interior Features:
  • Cooling: Central Electric

Exterior Features

Exterior Features:
  • # Acres: 0.13

Listing Office: Berkley & State, Llc

Office Contact: morgan@berkleyandstate.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 April 3rd, 2025 at 5:46pm EDT.

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