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57 N Kealing Ave, Indianapolis, IN, 46201

3beds
1baths
--sqft
$359,900
--price/sqft
$3,010/moest. monthly cost
$120,400/yrincome needed

About This Home

Fully remodeled duplex offering flexibility and strong investment potential! This unique property is classified as two separate condos, allowing the option to sell units individually or hold as a full duplex for rental income. Each side features an identical floor plan with 3 bedrooms and 1 full bath, updated with modern finishes while maintaining classic character. Bright living and dining spaces provide an open feel with updated flooring, neutral paint, and great natural light. Kitchens are clean and functional with updated cabinetry and fixtures, making both units move-in ready. Perfect opportunity for owner-occupants-live in one unit and rent out the other to offset your mortgage-or for investors seeking a turnkey addition to their portfolio. One side is currently rented for $1600, offering immediate income (tenant rights apply). Whether you're looking to generate cash flow, build equity, or take advantage of the ability to sell units separately in the future, this property offers multiple paths to value. A rare find combining flexibility, updates, and income potential!

Getting Around

57
WalkingSomewhat Walkable
41
TransitSome Transit
63
BikeBikeable

Schools

3/10
6/10
1/10

Construction

Condition

  • Property condition: Updated/Remodeled
  • Year built: 1920

Materials

  • Foundation: Block

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family,Duplex

Interior

Appliances

  • Laundry features: Main Level

Basement

  • Has basement: Yes
  • Basement: Storage Space,Unfinished

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 1

Heating & Cooling

  • Heating features: Forced Air,Natural Gas
  • Cooling features: Central Air

Property

Details

  • Parcel number: 491005133067000101
  • Attached to another structure: Yes
  • Special condition: Defects/None Noted

Features

  • Levels: Two
  • Stories: 2

Parking

  • Parking features: On Street