617-619 N Riley Avenue, Indianapolis, IN 46201

$179,900

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Sold Price
$179,900
List Price
$179,900
Closing Date
Oct 02, 2026
MLS#
22109986
Days on Market
98
Status
SOLD

Property Description

Fantastic investment opportunity in Emerson Heights! 1925-built duplex with vintage charm (Hardwood floors! Built-in-bookcases!) and offering two 3-bed, 1-bath units + sunroom on .14 acres, with 2 parking pads and a storage shed. Both sides have long-term renters in place, which are currently on month-to-month leases, renting well below market for $600 and $650. Seller has made some improvements (see attached list); with additional updates, could see immediate upside and nearly double this rental income. Easy to maintain vinyl siding with brick (wood details!). Conveniently located near shopping, grocery stores, restaurants, and Ellenberger Park. Property is sold as-is.

Additional Information

Tenant Pays
All Utilities, Cable TV, Electricity, Gas, Lawncare, Sewer, Trash Collection, Water
Owner Pays
Insurance
Foundation
Block, Crawl Space
Stories
Two
Equipment
Dehumidifier
Exterior Amenities
Gutter Guards, Storage Shed
Acres
0.14
Heat
Forced Air, Gas
Cooling
Central Air
Financing
Conventional, FHA, VA
Region
Center

Listing courtesy of Lauren Hewitt. F.C. Tucker Company

Selling Office: Bold Realty LLC.

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Calculator source: Real Geeks

Listings courtesy of MIBOR Broker Listing Cooperative as distributed by MLS GRID.


Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker of MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some listings have been excluded from this website.