142 S 5th Avenue, Beech Grove, IN 46107
- 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
Listing agent Gloria Gear License #RB16001575 (317) 271-5959
Listing office Keller Williams Indy Metro S Kingston St Ste 100 8102, Avon, IN (317) 271-5959
Listing date Apr 28, 2026
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
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).
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Beech Grove
- County
- Marion
- State
- Indiana
- Longitude
- -86.08777
- Latitude
- 39.724895