Veterans United Realty
29 Photos

5114 Hillside Avenue, Indianapolis, IN 46205

$299,900 Asking Price

3 beds
2 baths
1,326  sqft
Built in 1950

This is the perfect investment opportunity for you! 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!

Listing Status:
Active
Date Added:
November 19, 2024 — 8 days ago
Listing Office:
Ferris Property Group, Kierstyn Wood (317-879-6666)
Office Phone:
kiki@ferrispropertygroup.com
MLS ID:
22012485

Features & Amenities

Interior

General:
Windows Vinyl
Appliances:
Dishwasher, Electric Oven, Refrigerator
A/C:
Central Electric
Heating:
Forced Air
Fireplace:
Fireplaces: 0

Exterior

Style:
TraditonalAmerican

Construction

General:
One, Brick

Location

Originating MLS:
mibor
School District:
Indianapolis Public Schools
County:
Marion

Lot

Zoning:
Wrights Add 3rd Sec L54, 490707132013000801

Utilities

Utilities:
Electricity Connected, Water Connected
Water:
Municipal/City

Financial

Source:
mibor

This listing courtesy of:
Ferris Property Group, Kierstyn Wood

About Indianapolis, IN

Housing

Number of Units
439,918
Median Home Value
$169,609
Median Rent
$790

47.41% of housing units are renter occupied.

8.91% are vacant.

Commute

Car
76.18%
Public Transportation
1.34%
Walk to Work
1.81%
Work from Home
19.69%
Other
0.60%

The median travel time to work is 21 minutes.

People

Population
976,092
Median Age
35.40
Median Household Size
2.45

Education

High School
27.86%
Associate’s Degree
8.16%
Bachelor’s Degree
21.08%
Graduate Degree
11.46%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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Veterans United Homefront

IDX Listings courtesy of Metropolitan Indianapolis Board of REALTORS® MLS as distributed by MLS GRID.

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