Don't miss this income-producing investment property located just minutes from the highly sought-after Irvington neighborhood in Indianapolis! This well-maintained 2-bedroom, 1-bath home features a welcoming front porch, perfect for relaxing and adding curb appeal. The property has been updated with a new roof and gutters, helping reduce future maintenance expenses and protect your investment. Best of all, the home is currently tenant-occupied and generating $1,450 per month in rental income, providing immediate cash flow from day one. Investment Highlights: 2 Bedrooms | 1 Bathroom Tenant in place paying $1,450/month New roof and gutters Charming front porch Convenient location near Irvington Strong rental demand area Turnkey investment opportunity Whether you're looking to expand your rental portfolio or purchase your first investment property, this Indianapolis rental offers the combination of steady income, recent improvements, and a desirable location that investors are seeking. Start earning from closing day with this cash-flowing Indianapolis investment!
Active
Price cut: $5.9K (9/7)
$119,000
5201 Burgess Ave, Indianapolis, IN 46219
2beds
1,888sqft
Residential, Single Family Residence
Built in 1921
3,484 Square Feet Lot
$-- Zestimate®
$63/sqft
$-- HOA
What's special
- 96 days
- 331
- 17
Zillow last checked:
Listing updated:
Listed by:
Jessica Green 317-526-2559,
CityPlace Realty
Source: MIBOR as distributed by MLS GRID,MLS#: 22106555
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
- Main level bathrooms: 1
- Main level bedrooms: 2
Bedroom 2
- Level: Main
- Area: 120 Square Feet
- Dimensions: 12x10
Other
- Level: Main
- Area: 120 Square Feet
- Dimensions: 12x10
Dining room
- Level: Main
- Area: 144 Square Feet
- Dimensions: 12x12
Kitchen
- Level: Main
- Area: 108 Square Feet
- Dimensions: 12x9
Laundry
- Level: Main
- Area: 60 Square Feet
- Dimensions: 12x5
Living room
- Level: Main
- Area: 168 Square Feet
- Dimensions: 14X12
Loft
- Level: Upper
- Area: 100 Square Feet
- Dimensions: 10x10
Heating
- Forced Air, Natural Gas
Cooling
- Central Air
Appliances
- Included: Gas Oven, Refrigerator
Features
- Basement: Unfinished
Interior area
- Total structure area: 1,888
- Total interior livable area: 1,888 sqft
- Finished area below ground: 0
Property
Features
- Levels: One and One Half
- Stories: 1
- Patio & porch: Covered
Lot
- Size: 3,484 Square Feet
Details
- Parcel number: 491010159008000701
- Special conditions: As Is
- Horse amenities: None
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Bungalow
- Property subtype: Residential, Single Family Residence
Materials
- Stucco
- Foundation: Block
Condition
- New construction: No
- Year built: 1921
Utilities & green energy
- Water: Public
Community & HOA
Community
- Subdivision: Insleys Burgess Ave
HOA
- Has HOA: No
Location
- Region: Indianapolis
Financial & listing details
- Price per square foot: $63/sqft
- Annual tax amount: $2,104
- Date on market: 6/5/2026
- Cumulative days on market: 97 days
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 9/7/2026 | Price change | $119,000-4.7%$63/sqft |
Source:  MIBOR as distributed by MLS GRID #22106555 Report a problem | ||
| 8/26/2026 | Price change | $124,900-3.2%$66/sqft |
Source: MIBOR as distributed by MLS GRID #22106555 Report a problem | ||
| 8/14/2026 | Price change | $129,000-3.7%$68/sqft |
Source: MIBOR as distributed by MLS GRID #22106555 Report a problem | ||
| 7/30/2026 | Price change | $134,000-3.6%$71/sqft |
Source: MIBOR as distributed by MLS GRID #22106555 Report a problem | ||
| 7/10/2026 | Price change | $139,000-3.5%$74/sqft |
Source: MIBOR as distributed by MLS GRID #22106555 Report a problem | ||
| 6/26/2026 | Price change | $144,000-3.4%$76/sqft |
Source: MIBOR as distributed by MLS GRID #22106555 Report a problem | ||
| 6/5/2026 | Listed for sale | $149,000+84%$79/sqft |
Source: MIBOR as distributed by MLS GRID #22106555 Report a problem | ||
| 4/3/2024 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 3/13/2024 | Price change | $950-5%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 2/20/2024 | Price change | $1,000-4.8%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 1/11/2024 | Listed for rent | $1,050$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 1/28/2022 | Sold | $81,000-7.4%$43/sqft |
Source: MIBOR as distributed by MLS GRID #21835180 Report a problem | ||
| 1/26/2022 | Pending sale | $87,500$46/sqft |
Source: MIBOR as distributed by MLS GRID #21835180 Report a problem | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: Irvington
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