5230 Broadway Street Indianapolis, IN $ 490,000
5230 Broadway Street
$ 490,000
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5230 Broadway Street

Indianapolis, IN, 46220
$ 490,000
Bedrooms-- Baths0.0

Monthly Estimate*

$ 3,384

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Multi-Family Home for sale in Indianapolis, IN

for $490,000. This home was built in 1956 on a lot size of 0.24.

Discover a well-maintained duplex at 5230 N Broadway offering a turnkey opportunity for both owner-occupants and investors. Each unit features 2 bedrooms, 1 full bathroom, beautiful hardwood floors, an unfinished basement with ample storage, an in-unit washer and dryer, and a covered front porch. Major updates completed in 2021 include a new roof, gutters, windows, updated tiled kitchen backsplashes and exterior paint. One side also features a brand-new HVAC system installed in 2026, basement waterproofing, and a new privacy fence added in 2025. Outside, each unit enjoys its own separate fenced backyard, offering private outdoor space for residents. An oversized garage provides dedicated space for each unit, with the two sides separated and convenient alley access. With thoughtful updates, excellent maintenance, and desirable outdoor spaces, this property is ready for its next owner or investor.

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Multi-Family Active

Price

$ 490,000

Property Type

Multi-Family

Taxes

$ 8,972

Style

Ranch

Lot Size

0.24

Year Built

1956

Town/City

Indianapolis

County/Region

Marion

MLS | Web ID

22125759

Features
General
Heating Forced Air Gas
Cooling Central Air
Possession Subject To Tenant Rights
Roof Asphalt Shingle
Garage Spaces 4
Architectural Style Ranch
Security Features Smoke Detector(s)
Construction Materials Brick
Year Built 1956
Tenant Pays All Utilities
Township Washington
Levels One
Property Subtype Duplex
Tax Year 2025
Current Use Residential
County Marion
New Construction N
Property Type Residential Income
Subdivision Name Warrington
Status Active
Directions GPS Friendly
City Indianapolis
High School District Indianapolis Public Schools
Number Of Units Total 2
MLS Area 4903 - Marion - Washington
Lot Size Square Feet 10542
Current Financing Exchange - 1031 Conventional VA
Structure Type Duplex
Standard Status Active
Tax Lot 49-06-12-233-124.000-801
Legal Description Warrington 20Ft S Side L68 40Ft N Side L69
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Exterior
Fencing Full
Parking Features Detached
Lot Features Sidewalks
Foundation Details Block
Lot Size Acres 0.24
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Interior
Basement (Y/N) Y
Laundry Features Connections All In Basement
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* Excluded Features
List By
Carpenter, Realtors®

Broker

kdurfee@callcarpenter.com

Email

Affordability Calculator

$4,132
Per Month
82%
18%
0%
Monthly Principal & Interest
$3,384
Monthly Property Taxes
$748
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4044905 Elementary School
4044909 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
10/2/2026$490,000 Listed Price

Map


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5230 Broadway Street, Indianapolis, IN, 46220 is a Multi-Family Home for sale at $490,000 with a lot size of 0.24. 5230 Broadway Street has 0.0 baths and was built in 1956. The property's zip code is 46220 which is in Indianapolis, IN