5703 S Kealing Avenue, Indianapolis, IN 46227

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Sold Price
$281,400
List Price
$289,900
Closing Date
May 11, 2026
MLS#
22093929
Days on Market
34
Status
SOLD

Property Description

Investor opportunity or perfect house hack in the heart of Indianapolis! This duplex offers two spacious units, each featuring 2 bedrooms and 1 full bath, making it ideal for both owner-occupants and savvy investors. Live in one side while generating income from the other, or lease both units for a strong cash-flowing asset. The property provides functional layouts, comfortable living spaces, and solid rental potential. Originally built in 1973, this multi-family property sits on a generous lot and offers long-term upside through rental income, appreciation, or future updates. Whether you're looking to build your portfolio or offset your mortgage with rental income, this property delivers flexibility and opportunity. Duplexes like this are a rare find at this price point-don't miss your chance to capitalize on a true income-producing property!

Additional Information

Expenses
4320
Tenant Pays
All Utilities, Insurance
Owner Pays
Ins Hazard, Lawncare
Foundation
Block
Stories
One
Architecture
Traditional
Acres
0.44
Heat
Electric, Forced Air
Cooling
Central Air
Financing
Exchange - 1031, Contract, Conventional
Region
Perry

Listing courtesy of Ashley Wright. Three Seventeen Collective

Selling Office: Trueblood Real Estate.

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Amount of Loan
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Term of Loan
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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.