Fantastic investment opportunity to own this duplex in the heart of Irvington, known for its historic charm and strong community feel. This property features 3 bedrooms and 2 full bathrooms in both units. Both units have Range and refrigerator as well as washer/dryer hookup on the main floor. Unit 2 is currently tenant occupied, providing $970 mo immediate cash flow. Unit 1 had been recently renting for $1,090 mo. Unit 1 has a new 90% gas furnace and newer LVP flooring and carpets and ready to be rented. Easy to maintain vinyl siding. Conveniently located near shopping, grocery stores, restaurants and Ellenberger Park. Property Sold as-is. Tenants pay all utilities except water/sewer. Tenants do not have access to the basement so could also provide another stream of income for storage.
Active
$214,900
5130 E Michigan St, Indianapolis, IN 46219
6beds
4baths
--sqft
Multi Family, Duplex
Built in 1920
-- sqft lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
- 1 day |
- 131 |
- 10 |
Zillow last checked:
Listing updated:
Listed by:
Michael Deak 317-250-7526,
Doc Real Estate, Inc
Source: MIBOR as distributed by MLS GRID,MLS#: 22114549
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 4
Heating
- Electric, Forced Air, Natural Gas, High Efficiency (90%+ AFUE )
Cooling
- Central Air
Appliances
- Laundry: Connections All
Features
- Basement: Unfinished
Property
Parking
- Total spaces: 2
- Parking features: Alley Access, Gravel
- Details: Unit Parking(2 Car Space, On Street)
Features
- Levels: Two
- Stories: 2
Lot
- Size: 5,662 Square Feet
- Features: Access
Details
- Parcel number: 491003114078000701
- Special conditions: As Is
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Traditional
- Property subtype: Multi Family, Duplex
- Attached to another structure: Yes
Materials
- Foundation: Block
- Roof: Asphalt
Condition
- New construction: No
- Year built: 1920
Community & HOA
Community
- Subdivision: Emerson Ave Add
Location
- Region: Indianapolis
Financial & listing details
- Tax assessed value: $128,900
- Annual tax amount: $3,174
- Date on market: 7/16/2026
- Cumulative days on market: 3 days
- Tenant pays: Electricity, Gas
- Road surface type: Asphalt
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 7/16/2026 | Listed for sale | $214,900+814.5% |
Source:  MIBOR as distributed by MLS GRID #22114549 Report a problem | ||
| 11/7/2006 | Sold | $23,500-69.3% |
Source: MIBOR as distributed by MLS GRID #2642640 Report a problem | ||
| 7/12/2006 | Sold | $76,500-36.3% |
Source: Public Record Report a problem | ||
| 11/24/2003 | Sold | $120,000 |
Source: MIBOR as distributed by MLS GRID #2343226 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,494 +0.6% | $128,900 +22.6% |
| 2024 | $2,479 +31.1% | $105,100 +0.6% |
| 2023 | $1,891 +2.9% | $104,500 +30.5% |
| 2022 | $1,839 +19.2% | $80,100 +0.5% |
| 2021 | $1,542 -22.3% | $79,700 -6.1% |
| 2020 | $1,985 +10.2% | $84,900 +1% |
| 2019 | $1,801 -22.6% | $84,100 -28.5% |
| 2018 | $2,327 +75.8% | $117,700 +8.9% |
| 2017 | $1,324 +3.1% | $108,100 +82% |
| 2016 | $1,284 +13.3% | $59,400 +13.4% |
| 2014 | $1,133 -2.3% | $52,400 +2.3% |
| 2013 | $1,160 | $51,200 -1% |
| 2012 | $1,160 | $51,700 -25.2% |
| 2011 | -- | $69,100 -32.3% |
| 2010 | $2,120 +0.7% | $102,000 +3.2% |
| 2009 | $2,106 | $98,800 -9.9% |
| 2007 | -- | $109,600 +104.5% |
| 2006 | -- | $53,600 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: Irvington
Nearby schools
GreatSchools rating
- 4/10George W. Julian School 57Grades: PK-5Distance: 0.5 mi
- NAThomas Carr Howe Middle School - An IB World SchoolGrades: 6-8Distance: 0.5 mi
- 1/10Arsenal Technical High SchoolGrades: 9-12Distance: 2.8 mi
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A local agent can set up tours, give advice and negotiate with sellers.
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