5164 Winthrop Avenue, Indianapolis, IN 46205

Property Description

Charming Duplex in Meridian Kessler - Washington Township! Discover a great investment opportunity with this charming duplex located in the Meridian Kessler area of Washingon Township. This well-maintained property offers classic character, functional living spaces, and strong rental potential. Upon arrival, you're welcomed by an inviting front porch that adds curb appeal and a warm first impression. Each unit features its own side of the porch, giving residents a comfortable outdoor space to relax and enjoy. Inside, both units open to a spacious living room that flows into a flexible space that can easily serve as a dining area, home office, or additional living space. Just steps away, you'll find a functional kitchen with convenient access to an unfinished basement, providing valuable extra storage. Down the hall one comfortable bedrooms, along with a full bathroom complete the layout. Investment highlights: Unit 5164: Leased through May 2027 at $1200/month (resident since November 2025). Unit 5166: Leased through December 2026 at $1365/month (resident since December of 2023). With established tenants and steady rental income, this property presents a fantastic opportunity for investors looking to expand their portfolio. Don't miss your chance to add this Broad Ripple duplex to your investment lineup!