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Two-Unit Duplex with Basements
For Sale
$135,000
Pending

5142 English Avenue, Indianapolis, IN 46219

Residential Income, Indianapolis, IN

Property SizeContact for details
Lot Size0.13 Acres
Days on Market9

Property Features for 5142 English Avenue

General Information

Property type Residential Multi Family
Property subtype Duplex
Bedrooms 2
Bathrooms 2
Full bathrooms 2
Rooms Bedroom 1, Basement, Bathroom 2, Bedroom 2, Bathroom 1
Parking features Alley
Basement Unfinished
Subdivision Ivanhoe Heights
Lot features Busline, Corner Lot, Sidewalks
Elementary school district Indianapolis Public Schools
Middle school district Indianapolis Public Schools
High school district Indianapolis Public Schools
Directions GPS Friendly
Special listing conditions Probate Listing
Standard status Pending
APN 491010116105000701
Lot size 0.13 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description Ivanhoe Hts Rev L30
Tax Annual Amount 2054
Legal Description Ivanhoe Hts Rev L30

Utilities

Heating system Heat Pump (Heating)
Cooling system Central Air

Building Details

Year built 1950
Floors in Building 1
Number of units 2
Building materials Vinyl Siding, Wood Siding
Architectural style Bungalow
Listing Agency: Carpenter, REALTORS(R)
Listed By: Laura Wright
Added: Aug 26 Changed: Sep 3 Last Checked: Sep 3 at 2:06PM
MLS# 22122346

Copyright © 2026 Broker Listing Cooperative®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This single-story bungalow duplex contains two one-bedroom, one-bath residences. One unit is occupied, while the second is vacant and available for an owner-occupant or a new tenant. Both residences have private entrances, off-street parking, and unfinished basements that provide laundry and storage space. Vinyl and wood siding, a heat pump, and central air conditioning are among the property’s existing features. Built in 1950, the building sits on a 0.13-acre lot.

Tenants are responsible for their own utility expenses. The property is located on a bus line in Indianapolis, near Irvington and minutes from downtown. Alley access is included among the parking features, adding a practical service point for the duplex.

Key Highlights

  • Two one‑bedroom, one‑bath units in a single‑story duplex
  • One residence occupied; second unit is vacant
  • Private entrances and off‑street parking for each unit

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Law Firm Dental Office Real Estate Agency HVAC Service Electrical Service Parking Lot & Garage

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

226
Businesses Nearby

Demographics for 46219, IN

36,556
Population
17,028
Households
2.1
Avg Household Size
38
Median Age
26%
College-Educated
86%
High-School Grad
13.0 sq mi
ZIP Area
2,812
Density / Sq Mi
$57,811
Median Household Income
$38,995
Median Earnings
$991
Median Rent
$177,000
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Single-story bungalow duplex with private entrances, off-street parking, and one occupied residence.
Where is this duplex located?
The property is located at 5142 English Avenue Indianapolis, IN.
What is the asking price?
The asking price for this property is $135,000.
What are key features of this property?
This property features: Two one‑bedroom, one‑bath units in a single‑story duplex; One residence occupied; second unit is vacant; Private entrances and off‑street parking for each unit
More about this property
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