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5917 Carrollton Ave Indianapolis, IN 46220

New
For Sale
$449,000

Ranch,Traditional, Quadruplex - Indianapolis, IN

Type:Quadruplex
Lot size:
0.16 Acres
Days on Market:
3
Last Refresh:
Dec 5 at 1:06 pm

Property Features for 5917 Carrollton Ave

General Information

Property type
Residential Multi Family
Property subtype
Quadruplex
Standard status
Active
Rooms
Basement
APN
490601226004000801
Basement Y/N
1
Lot size
0.16 Acres

Utilities

Heating system
Forced Air
Cooling system
Central Air

Building Details

Year built
1954
Number of units
4
Building materials
Stone
Roof type
Asphalt
Architectural style
New Traditional

Keller Williams Indianapolis Metro North (317) 846-6300 [email protected]

Listing agent Peter Stewart (317) 846-6300 License #RB15000083

Listing date Dec 3, 2025

MLS# 22075260 Listing URL

Copyright © 2025 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.


Overview

Broad Ripple Multifamily Investment Opportunity

Located in the Broad Ripple neighborhood of Indianapolis, this four-unit multifamily property at 5917 Carrollton Ave presents an investment opportunity. The converted limestone ranch is near the Monon Trail, the Canal, and the shops, bars, and dining options of Broad Ripple Avenue. The property has been renovated into four distinct units, suitable for short-term or mid-term furnished rentals. The renovation is approximately 90-95% complete. The Left Unit is a 2-bedroom, 1-bath unit with a retro 1960s design, stainless counters, parquet floors, and a loft-style upper level with a bedroom, living room, and office nook. The Right Unit features 3 bedrooms and 2 baths, real hardwoods, a kitchenette with a custom countertop, and a limestone wood-burning fireplace. The Rear Unit is a 1-bedroom, 1-bath unit with an open layout and kitchenette with breakfast bar. The Basement Unit includes 1 bedroom and 1 bath, with concrete floors, exposed ductwork, a full kitchen with an oversized island, and a walkout entrance. The property includes a detached garage, ample off-street parking, and laundry hookups in each unit. The lot size is 0.16 acres.
Property Profile Location Intelligence

Current Use by Public Records

Quadplexes

Suggested Use

Realty agency Law Firm Restaurant Dental Office Spa & Massage Hair Salon Nail Salon Clothing Store Building Supply Daycare Center

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

Location Insight

  • Map
  • Local Demand
City
Indianapolis
County
Hamilton
State
Indiana
Longitude
-86.144409
Latitude
39.862773

FAQs

What type of property is this?
Quadplex - Four-unit property near Monon Trail and Broad Ripple Avenue.
Where is this quadplex located?
The property is located at 5917 Carrollton Ave Indianapolis, IN.
What is the asking price?
The asking price for this property is $449,000.
What are key features of this property?
This property features: - Prime location in Broad Ripple, steps from Monon Trail, Canal, shops, bars, and restaurants, offering exceptional walkability.; - Four-unit multifamily property ideal for investors or house-hackers, with potential for high-yield short-term or mid-term furnished rentals.; - Unique unit mix with distinct character, including retro 1960s, hardwood floors, limestone fireplace, and industrial aesthetic options.
More about this property
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