56 S Irvington Avenue Indianapolis, IN $ 425,000
56 S Irvington Avenue
$ 425,000
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56 S Irvington Avenue

Indianapolis, IN, 46219
$ 425,000
Bedrooms-- Baths0.0

Monthly Estimate*

$ 2,935

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Multi-Family Home for sale in Indianapolis, IN

for $425,000. This home was built in 1917 on a lot size of 0.33.

Historic Charm Meets Turnkey Investment in Irvington! An exciting opportunity to own a rare, beautifully updated 4-unit multifamily property in the heart of the Historic Irvington District! With a mix of 1- and 2-bedroom units plus attic living space, this turnkey property offers historic character, modern updates, and excellent flexibility for investors or owner-occupants. Units 1 and 4 are leased through March 2027. Unit 2 is a 2-bedroom, 1-bath unit recently vacated by a long-term tenant due to a job transfer, creating an excellent opportunity for immediate occupancy or additional rental income. Unit 3 is also vacant. Inside, you'll find beautiful wood floors, stunning 10-foot ceilings, graceful curved arch doorways, French doors, and decorative glass details that showcase the home's timeless character. Outside, enjoy the welcoming front porch and back deck-perfect for relaxing with friends, playing a board game, or simply enjoying the cool evening breeze. The location is hard to beat! Walk to the nearby library, grab coffee at a local shop, enjoy a meal at one of the area's restaurants, or use nearby public transportation. Ellenberger Park is close by for walking, jogging, exercise, and enjoying the outdoors. Recent updates include five furnaces and central air systems about 3 years old, a water heater about 3 years old, and a roof about 14 years old. A wonderful opportunity to own a piece of Irvington's history while enjoying the flexibility and potential of a well-maintained multifamily property. Come discover all this special property has to offer!

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Multi-Family Active

Price

$ 425,000

Property Type

Multi-Family

Taxes

$ 5,792

Style

Traditional

Lot Size

0.33

Year Built

1917

Town/City

Indianapolis

County/Region

Marion

MLS | Web ID

22129965

Features
General
Heating Forced Air
Cooling Central Air
Possession Negotiable
Roof Asphalt Shingle
Garage Spaces 0
Architectural Style Traditional
Security Features Smoke Detector(s)
Construction Materials Vinyl Siding Other Stone
Year Built 1917
Tenant Pays Cable TV Electricity Insurance
View Trees/Woods
Township Warren
Levels Two and a Half
Property Subtype Quadruplex
Tax Year 2025
Current Use Apt>20 Residential
County Marion
New Construction N
Property Type Residential Income
Subdivision Name Levi Ritters
Possible Use Residential
Status Active
Directions GPS Friendly
City Indianapolis
High School District Adelante Schools
Number Of Units Total 4
MLS Area 4905 - Marion - Warren
Lot Size Square Feet 14288
Carport Spaces 3
Elementary School Emma Donnan Elementary and Middle
Current Financing Conventional FHA VA
Property Condition Updated/Remodeled
Additional Parcels Y/N N
Structure Type Quadruplex
Standard Status Active
Tax Lot 31
Legal Description L Ritters Add Irv 44 Ft N W Line 50 W Line100 Ft On Julian Ave Se Pt L31
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Interior
Basement Cellar Partial Storage Space Unfinished Exterior Entry
Basement (Y/N) Y
Laundry Features In Basement Sink
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Exterior
Exterior Amenities Lighting
Fencing Partial
Parking Features Detached
Lot Features Access City Lot Corner Lot Curbs Sidewalks Mature Trees
Foundation Details Block
Lot Size Acres 0.33
Road Surface Type Asphalt
Road Frontage Type City Street
Other Equipment Dehumidifier Smoke Alarm Sump Pump
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* Excluded Features
List By
Keller Williams Indy Metro Partners

Broker

Stacyherald@kw.com

Email

Affordability Calculator

$3,418
Per Month
86%
14%
0%
Monthly Principal & Interest
$2,935
Monthly Property Taxes
$483
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
5509906 Elementary School
5509907 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
10/8/2026$425,000 Listed Price

Map


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56 S Irvington Avenue, Indianapolis, IN, 46219 is a Multi-Family Home for sale at $425,000 with a lot size of 0.33. 56 S Irvington Avenue has 0.0 baths and was built in 1917. The property's zip code is 46219 which is in Indianapolis, IN