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    Move-In Ready Multi-Family Home Title is generated by Realmo AI

    142 S 5th Avenue, Beech Grove, IN 46107

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    Claim this Listing
    Pending
    $275,000

    MULTI_FAMILY - Other - Beech Grove, IN

    Lot size:
    0.12 Acres
    Added:
    Apr 28, 2026
    Days on Market:
    49
    Last Refresh:
    Jun 15 at 10:06 am

    Property Features for 142 S 5th Avenue

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Rooms
    Basement
    Standard status
    Pending
    APN
    491028113065000502
    Lot size
    0.12 Acres

    Taxes and HOA fees

    Tax Year
    2024
    Tax Description
    Beech Grove Add Sec A L11 B175

    Utilities

    Heating system
    Forced Air, Natural Gas, Wall Furnace, Heat Pump (Heating)
    Cooling system
    Heat Pump, Ductless, Central Air

    Building Details

    Year built
    1928
    Floors in Building
    1
    Number of units
    2
    Building materials
    Aluminum Siding, Brick
    Architectural style
    Other

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    Listing Contact
    Gloria Gear
    Gloria Gear

    Listing agent Gloria Gear License #RB16001575

    Listing office Keller Williams Indy Metro S Kingston St Ste 100 8102, Avon, IN

    Listing date Apr 28, 2026

    MLS# 22096862 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.

    HighLights

    • 2BR/1BA home with a fully converted detached apartment for added living or rental flexibility
    • Both units are fully furnished and were used as mid‑term rentals for travelling professionals at a combined market rent of $3,200/month ($1,850 front / $1,350 back)
    • Roof replaced in 2024; appliances updated; both units are vacant and ready
    • Heating includes forced air, natural gas, wall furnace, and heat pump; cooling includes heat pump, ductless, and central air
    • Construction materials include aluminum siding and brick
    • Year built: 1928

    Overview

    This move-in ready multi-family home includes a main residence and a fully converted detached apartment. The interior features updated flooring and light-filled living spaces designed to feel fresh and modern. Both units are fully furnished and have been used as mid-term rentals for traveling professionals. Recent improvements include a roof replacement in 2024 and updated appliances. As presented, both units are vacant and ready for occupancy.

    The property is located at 142 S 5th Avenue in Beech Grove, Indiana, in Marion County. Public remarks indicate the home is situated near local amenities and parks, supporting everyday convenience for tenants and occupants.

    For buyers seeking flexible living and income, the converted detached apartment provides a built-in option for a private home office setup or a separate rental unit. The furnishing and prior use as mid-term housing can appeal to operators and tenants who value turnkey readiness. With both units currently available, the property may suit an owner-occupant who wants to live in one unit while marketing the other, as well as investors planning to run the property as two separate rental spaces. Public remarks also reference prior mid-term rental levels of $3,200/month combined ($1,850 for the front unit and $1,350 for the back unit).
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Beech Grove
    County
    Marion
    State
    Indiana
    Longitude
    -86.08777
    Latitude
    39.724895

    FAQs

    What type of property is this?
    Duplex - Two-unit residence with a fully converted detached apartment and updated roof, offering rental flexibility for an owner-occupant.
    Where is this duplex located?
    The property is located at 142 S 5th Avenue Beech Grove, IN.
    What is the asking price?
    The asking price for this property is $275,000.
    What are key features of this property?
    This property features: 2BR/1BA home with a fully converted detached apartment for added living or rental flexibility; Both units are fully furnished and were used as mid‑term rentals for travelling professionals at a combined market rent of $3,200/month ($1,850 front / $1,350 back); Roof replaced in 2024; appliances updated; both units are vacant and ready
    More about this property
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