Unbeatable investment opportunity to own a 6-unit building in the prime of the historic Irvington district. Currently operating as high-performing mid-term furnished rentals this 4.8-star airbnb review and corporate housing (1 to 6 month stays) with high ROI, this property presents a turnkey investment opportunity with strong income potential.This property features Perfectly positioned on a quiet residential street just 1.5 blocks from Irvington's vibrant center, this property is close to popular restaurants, cafes, and local shopping. Each of the six 1 bedroom/1 bathroom units have been thoughtfully renovated a few years back. As part of the renovations, the basement was transformed to create a laundry room, supplies room and storage rooms. Additional highlights include a parking lot with 6 dedicated parking spaces at the rear of the property with space for 2 extra spots. Higher income potential if operated as short-term rentals.
Active
$950,000
5724 E Julian Ave, Indianapolis, IN 46219
2beds
2baths
--sqft
:
Get pre-qualified$6,396/mo
Multi Family, Quadruplex
Built in 1948
-- sqft lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
- 50 days |
- 334 |
- 9 |
Zillow last checked:
Listing updated:
Listed by:
Lisa Phillips 317-219-9277,
Compass Indiana, LLC
Source: MIBOR as distributed by MLS GRID,MLS#: 22105939
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
Appliances
- Laundry: In Basement
Features
- Basement: Daylight
Property
Parking
- Parking features: Assigned
- Details: Unit Parking(Parking Lot)
Features
- Levels: One
- Stories: 1
Lot
- Size: 0.27 Acres
Details
- Parcel number: 491003175007000701
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family, Quadruplex
Condition
- New construction: No
- Year built: 1948
Community & HOA
Community
- Subdivision: Irvington
Location
- Region: Indianapolis
Financial & listing details
- Tax assessed value: $29,000
- Annual tax amount: $629
- Date on market: 6/8/2026
- Cumulative days on market: 139 days
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 6/8/2026 | Listed for sale | $950,000-5% |
Source:  MIBOR as distributed by MLS GRID #22105939 Report a problem | ||
| 6/1/2026 | Listing removed | $1,000,000 |
Source: MIBOR as distributed by MLS GRID #22077777 Report a problem | ||
| 2/27/2026 | Listed for sale | $1,000,000+304.9% |
Source: MIBOR as distributed by MLS GRID #22077777 Report a problem | ||
| 1/23/2020 | Sold | $247,000-14.8% |
Source: Public Record Report a problem | ||
| 1/8/2020 | Pending sale | $290,000 |
Source: Elite Indy Realty Group #21687199 Report a problem | ||
| 12/29/2019 | Listed for sale | $290,000 |
Source: Elite Indy Realty Group #21687199 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $629 -76.6% | $29,000 +9.4% |
| 2024 | $2,683 +26.4% | $26,500 -76.6% |
| 2023 | $2,123 +13.6% | $113,100 +25.8% |
| 2022 | $1,869 -0.4% | $89,900 +11% |
| 2021 | $1,876 +2.3% | $81,000 |
| 2020 | $1,834 -1.5% | $81,000 +4.2% |
| 2019 | $1,863 +17% | $77,700 -0.6% |
| 2018 | $1,592 -36.3% | $78,200 +4.3% |
| 2017 | $2,501 +57.5% | $75,000 +4% |
| 2016 | $1,588 +5.2% | $72,100 +3.3% |
| 2014 | $1,509 -13.9% | $69,800 |
| 2013 | $1,752 | $69,800 -0.1% |
| 2012 | $1,752 | $69,900 -24.7% |
| 2011 | -- | $92,800 |
| 2010 | $2,164 0% | $92,800 |
| 2009 | $2,165 | $92,800 +0.1% |
| 2007 | -- | $92,700 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: Irvington
Nearby schools
GreatSchools rating
- 4/10George W. Julian School 57Grades: PK-5Distance: 0.3 mi
- 4/10Francis W. Parker School 56Grades: PK-8Distance: 4.2 mi
- 1/10Arsenal Technical High SchoolGrades: 9-12Distance: 3.5 mi
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A local agent can set up tours, give advice and negotiate with sellers.
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