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Listed by Morgan Thompson • Berkley & State, LLC
$ 479,900
Est. payment | /mo
5,662 Sqft Lot
$ 479,900
Est. payment | /mo
5,662 Sqft Lot
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Subdivision Meridian Kessler
MLS Listing ID 22027001
Year Built 1922
Tax Year 2023
Lot Size 5,662 Sqft
Acres 0.13
Property Sub-Type Duplex
Property Description
BACK ON MARKET: Welcome to 5262-5264 College Ave, a massive renovated duplex in the highly sought-after Meridian-Kessler neighborhood of Indianapolis! This timeless brick property offers two spacious units, each featuring 3 bedrooms and 1.5 baths. Renovated in early 2022, the duplex has modern updates throughout, including roof, HVAC systems, and water heaters installed in 2021-2022, ensuring peace of mind for years to come. Situated on College Avenue, this location offers unbeatable walkability to some of Indy's best bars and restaurants. Just steps away, you'll find Half Liter BBQ & Beer Hall, Fat Dan's, The Bulldog Bar, Prufock Coffee, Upland Brewing Company, Twenty Tap & more-all just minutes from your doorstep. With easy access to Broad Ripple, downtown Indianapolis, and the Monon Trail, this property offers the perfect mix of urban convenience and neighborhood charm. 5262 side is under-rented (due to seasonality) at $1,695 until 1/31/2026 and the 5264 side is vacant. Rentometer predicts rent at $2,000-2,400 per side. Whether you're looking for long-term rental income, house hacking, or an Airbnb opportunity, this duplex is a rare find in one of the city's most desirable areas.
Location
State IN
County Marion
Interior
Fireplace N
Exterior
Garage Spaces 2.0
Roof Type Shingle
Building
Story Two
Foundation Block
Structure Type Brick
New Construction false
Schools
School District Indianapolis Public Schools
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