LKV Realty
Logo
$214,900
$1,150Reward *
5130 E Michigan Street, Indianapolis, IN 46219Listing ID 22114549

5130 E Michigan Street, Indianapolis, IN 46219

Active
Emerson Ave Add
Time on site: 31 daysLast updated: Jul 16, 2026
Property Type
Property Type
Residential Income
Property Sub Type
Property Sub Type
Duplex
Acres
Acres
0.13
Days on Site
Days on Site
31
Cooling
Cooling
Central Air
Heating
Heating
Electric, Forced Air, Natural Gas, High Efficiency (90%+ AFUE )
Year Built
Year Built
1920
Parking
Parking
Alley Access, Gravel

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.

Property Information

Property Details

Location

Address
5130 E Michigan Street
County
Marion
City
Indianapolis
Zip Code
46219
Subdivision
Emerson Ave Add
School District
MSD Warren Township
MLS Area
4905 - Marion - Warren

Interior Features

Other Rooms

Laundry Features
Connections All

Building

Building Information

Year Built
1920
Foundation
Block
Roof
Asphalt

Financial

Special Conditions
As Is

Property Taxes

Tax Year
2025
Doc Real Estate, Inc, (317) 888-7333

Market Report for 46219

* The market data shown is based on available information from Multiple Listing Service (MLS) and/or public records. Data provided is for informational and educational purposes only and may not represent the full housing market. For more accurate information, consumers should consult a certified appraiser or licensed real estate agent.

*Average of $2,150 in rewards is calculated based on the purchase or sale of a home between $400,000 to $449,000. The median home price for all housing types is in the United States is $405,400 as of 2025 as reported by the National Association of Realtors® (NAR). The actual reward amount may vary depending on the purchase or sales price of the home. Please see the Lakeview Home Rewards program terms and conditions for more details. The National Association of Realtors® is a registered trademark of the National Association of Realtors®.

Source: MIBOR REALTOR® Association
MIBOR REALTOR® Association logo

Based on information submitted to the MLS GRID as of 16 Aug 2026, 04:01 AM UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.

For corrections to this data please contact Brytecore MLS Support.

MBR22618