Exceptional investment opportunity in historic Irvington! This all-brick, 1940s-built duplex is an investor's dream or perfect for a house hack. Each spacious, move-in-ready unit features 2 bedrooms, a full basement, and gorgeous hardwood flooring, with charming period details like original woodwork, doors, and a cozy breakfast nook. Enjoy additional income or tenant appeal with a unique 3-car garage (with wall A/C) and a separate storage barn. Each unit rents for $1,250-$1,350/month, offering an excellent return. With updated HVAC on both sides, ample closet space, and floor-to-ceiling windows that flood each unit with natural light, this property is well-equipped for comfort and low maintenance. Located on a large corner lot with individual driveways, it's just minutes from downtown Indy, major highways, parks, and all the shopping, entertainment, and vibrant festivals Irvington is known for. Don't miss this rare, turn-key opportunity in a prime location!
Sold
$249,900
5102 E University Ave, Indianapolis, IN 46219
4beds
2baths
--sqft
Multi Family, Duplex
Built in 1944
-- sqft lot
$259,600 Zestimate®
$--/sqft
$1,082 Estimated rent
Home value
$259,600
$236,000 - $286,000
$1,082/mo
Zestimate® history
Owner options
List your home for rent
$1,082/mo
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$1,082/mo
Rent Zestimate®
Refinance and save
$1,651/mo
Est. payment
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$1,651/mo
Est. payment
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List your homeWhat's special
Original woodworkIndividual drivewaysCozy breakfast nookFloor-to-ceiling windowsNatural lightAmple closet spaceCharming period details
Zillow last checked:
Listing updated:
Listed by:
Andy Ludlow 317-372-6147,
eXp Realty, LLC
Bought with:
RJ Russell
Highgarden Real Estate
Source: MIBOR as distributed by MLS GRID,MLS#: 22009277
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
Heating
- Forced Air
Cooling
- Has cooling: Yes
Appliances
- Laundry: In Basement
Features
- Basement: Full
Property
Parking
- Total spaces: 3
- Parking features: Detached
- Garage spaces: 3
- Details: Unit Parking(1 Car Garage, 1 Car Space, 2 Car Garage, 2 Car Space, Guest Parking, On Street, Other)
Features
- Levels: Two
- Stories: 2
Lot
- Size: 6,969 Square Feet
Details
- Additional structures: Barn Storage
- Parcel number: 491010166013000701
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Georgian,Traditional
- Property subtype: Multi Family, Duplex
Materials
- Brick
- Foundation: Block
- Roof: Shingle
Condition
- New construction: No
- Year built: 1944
Community & HOA
Community
- Subdivision: Campus Terrace
Location
- Region: Indianapolis
Financial & listing details
- Tax assessed value: $234,200
- Annual tax amount: $4,396
- Date on market: 10/30/2024
- Cumulative days on market: 2 days
- Road surface type: Asphalt
Price history
| Date | Event | Price |
|---|---|---|
| 12/17/2024 | Sold | $249,900 |
Source:  MIBOR as distributed by MLS GRID #22009277 Report a problem | ||
| 11/1/2024 | Pending sale | $249,900 |
Source: MIBOR as distributed by MLS GRID #22009277 Report a problem | ||
| 10/30/2024 | Listed for sale | $249,900+48.8% |
Source: MIBOR as distributed by MLS GRID #22009277 Report a problem | ||
| 6/30/2022 | Sold | $168,000 |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,428 +0.7% | $234,200 +25.5% |
| 2024 | $4,396 +134.9% | $186,600 +0.7% |
| 2023 | $1,872 -0.8% | $185,300 +38% |
| 2022 | $1,887 +4.4% | $134,300 +0.1% |
| 2021 | $1,807 -0.5% | $134,200 +3.2% |
| 2020 | $1,817 +15.7% | $130,100 +0.9% |
| 2019 | $1,570 +18.5% | $129,000 +12.9% |
| 2018 | $1,325 +5.5% | $114,300 +9.3% |
| 2017 | $1,257 +3.5% | $104,600 +7.8% |
| 2016 | $1,215 +6.4% | $97,000 +4.8% |
| 2014 | $1,141 -6.4% | $92,600 +1.3% |
| 2013 | $1,219 | $91,400 -0.5% |
| 2012 | $1,219 | $91,900 -0.2% |
| 2011 | -- | $92,100 |
| 2010 | $1,129 -1.6% | $92,100 -3.9% |
| 2009 | $1,147 | $95,800 -9.6% |
| 2007 | -- | $106,000 -4.8% |
| 2006 | -- | $111,400 +11% |
| 2005 | -- | $100,400 |
| 2004 | -- | $100,400 -8.4% |
| 2003 | -- | $109,600 +104.5% |
| 2002 | -- | $53,600 +199.9% |
| 2001 | -- | $17,870 |
| 2000 | -- | $17,870 |
Find assessor info on the county website
Neighborhood: Irvington
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Nearby schools
GreatSchools rating
- 4/10George W. Julian School 57Grades: PK-5Distance: 0.5 mi
- 4/10Francis W. Parker School 56Grades: PK-8Distance: 3.7 mi
- 1/10Arsenal Technical High SchoolGrades: 9-12Distance: 2.9 mi
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Estimated market value
$259,600
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$259,600
- Indiana
- Marion County
- Indianapolis
- 46219
- Irvington
- 5102 E University Ave
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