217 S Emerson Avenue
Indianapolis, IN 46219
- – beds
- – baths
- – sqft
- 6,229 sqft lot
- 1943 build
Prime Investment Opportunity in Historic Irvington! Seize the chance to own a fully renovated, all-brick 1940s duplex in one of Indianapolis' most charming and sought-after neighborhoods! Whether you're an investor looking for strong cash flow or a savvy buyer ready to house hack, this property is a rare find. Each spacious, move-in-ready unit features 2 bedrooms, a full basement, and beautifully refinished hardwood floors, complemented by original woodwork, vintage doors, and a cozy breakfast nook that exudes historic charm. With each unit currently renting for $1,100/month(higher potential possible), this is a highly attractive income-generating property with impressive returns. Recent upgrades, including a new roof, updated HVAC, and water heaters on both sides, ensure low maintenance and peace of mind. Oversized windows flood each unit with natural light, while ample closet space and individual driveways add convenience for tenants or owners alike. New concrete patio and newly fenced backyard. Situated on a large lot just minutes from downtown Indy, major highways, parks, and the vibrant shopping, dining, and festivals Irvington is known for, this property offers location, lifestyle, and long-term value. Turn-key investments like this don't come around often-schedule your showing today!
Last checked:
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Last updated Feb 27, 2025
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MLS# 22023938 —
The Building
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Year Built:1943
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New Construction:false
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Construction Materials:Brick
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Architectural Style:Colonial, TraditonalAmerican
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Levels:Two
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Roof:Asphalt, Shingle
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Basement:true
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Basement:Daylight/Lookout Windows, Full, Storage Space
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Foundation Details:Block
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Green Certification:No
Location
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Directions:GPS Friendly
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Latitude:39.766689
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Longitude:-86.082709
The Property
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View:true
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Property Type:Residential Income
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Property Subtype:Duplex
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Parcel Number:491010166015000701
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Acres:<1/4 Acre
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Lot Size Acres:0.14
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Lot Size SqFt:6,229 Sqft
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Price Per Acre:1785714
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Structure Type:Duplex
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Current Use:Apt<20, Residential
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Road Access:Street Cuts
Listing Agent
- Contact info:
- Agent phone:
- (317) 372-6147
- Office phone:
- (888) 611-3912
Taxes
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Tax Lot:60
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Tax Year:2023
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Tax Exemptions:None
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Semi Annual Property Tax Amt:1823
Heating & Cooling
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Heating:Forced Air, Gas
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Cooling:Central Electric
Utilities
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Solid Waste:Yes
Schools
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High School District:MSD Warren Township
The Community
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Subdivision Name:Irvington
Parking
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Parking Features:Alley Access, Aggregate
Extra Units
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# of Units Total:2
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
2/27/25
Feb 27, 2025
|
Listed / Active | MIBOR | $250,000 | 100.0% (42.0% / YR) |
|
10/11/22
Oct 11, 2022
|
MIBOR | $125,000 | ||
|
9/24/22
Sep 24, 2022
|
MIBOR | $125,000 |
