137 S Sheridan Avenue, Indianapolis, IN 46219

Building Details

Year built

1928

Floors in Building

1

Number of units

2

Building materials

Vinyl Siding

Architectural style

Bungalow

Listing agent Beau Matlock License #RB14051607 Show Phone

Listing office Matlock Realty Group m***@martymatlock.com Crosspoint Blvd Ste 250 10475, Fishers, IN Show Phone

Listing date Mar 16, 2026

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MLS# 22089553 Listing URL

Copyright © 2026 MIBOR Service Corporation. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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Overview

This duplex includes two separate sides, with one currently vacant and updated within the last two months. Updates cited include new LVP flooring, fresh paint, and improvements to the kitchen and bath in the vacant unit. The property also has a new total sewer line that was replaced in 2022.

The home is located at 137 S Sheridan Avenue in Indianapolis, Indiana 46219, within Marion County. One side is described as ready for showings and rental, while the other side is currently occupied.

From a tenant or buyer perspective, the current configuration provides immediate income from the occupied unit and the ability to market the updated vacant side for a new tenant. The combination of recent cosmetic updates in the vacant unit and the 2022 sewer line replacement may appeal to buyers looking for a duplex with both an existing tenant and a move-in-ready option for the second side. Showings can be scheduled for the vacant side as noted in the remarks.

Suggested Use

Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Skin Care Clinic

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

• Map
• Local Demand

City

Indianapolis

County

Hamilton

State

Indiana

Longitude

-86.059828

Latitude

39.768873

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FAQs

What type of property is this?

Duplex - A duplex with one updated vacant side and one currently rented unit, plus a sewer line replacement in 2022.

Where is this duplex located?

The property is located at 137 S Sheridan Avenue Indianapolis, IN.

What is the asking price?

The asking price for this property is $134,900.

What are key features of this property?

This property features: Duplex built in 1928 with bungalow architectural style and vinyl siding; 137 side is vacant and was updated within the last two months with new LVP flooring, paint, kitchen, and bath; New total sewer line replaced in 2022