Duplex with Updated Unit
For Sale
$214,900
Pending
5130 E Michigan Street, Indianapolis, IN 46219
Residential Income, Indianapolis, IN
Property SizeContact for details
Lot Size0.13 Acres
Days on Market48
Property Features for 5130 E Michigan Street
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Rooms
Basement
Parking features
Alley
Basement
Unfinished
Subdivision
Emerson Ave Add
Lot features
Access
Elementary school district
MSD Warren Township
Middle school district
MSD Warren Township
High school district
MSD Warren Township
Directions
GPS Friendly
Standard status
Pending
APN
491003114078000701
Lot size
0.13 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
Emerson Ave Add L140
Legal Description
Emerson Ave Add L140
Utilities
Heating system
Electric (Heating), Forced Air, Natural Gas
Cooling system
Central Air
Building Details
Year built
1920
Floors in Building
2
Number of units
2
Roof type
Asphalt
Architectural style
Other
Listing Agency:
Doc Real Estate, Inc
(317) 888-7333
Listed By:
Michael Deak
(317) 908-0531
Added: Jul 16
Changed: Sep 1
Last Checked: Sep 1 at 10:06AM
MLS# 22114549
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 duplex contains two matching units, each with 3 bedrooms and 2 full bathrooms. Range and refrigerator appliances are included in both units, along with washer/dryer hookups on the main floor. Unit 1 has a new 90% gas furnace, newer LVP flooring, and newer carpets. The property also features vinyl siding, central air, an asphalt roof, and a basement that is not accessible to tenants. The sale is offered as-is.
Located at 5130 E Michigan Street in Indianapolis, the property sits near shopping, grocery stores, restaurants, and Ellenberger Park. Alley parking is provided. The property was built in 1920 on a 0.13-acre lot. Tenants pay all utilities except water/sewer, and the basement provides additional storage space for consideration.
Located at 5130 E Michigan Street in Indianapolis, the property sits near shopping, grocery stores, restaurants, and Ellenberger Park. Alley parking is provided. The property was built in 1920 on a 0.13-acre lot. Tenants pay all utilities except water/sewer, and the basement provides additional storage space for consideration.
Key Highlights
- Duplex with 3 bedrooms and 2 full bathrooms in each unit
- Unit 1 includes a new 90% gas furnace, newer LVP flooring, and newer carpets
- Range, refrigerator, and main‑floor washer/dryer hookups in both units
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
492
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Both units offer three bedrooms, two full bathrooms, kitchen appliances, and main-floor washer/dryer hookups.
Where is this duplex located?
The property is located at 5130 E Michigan Street Indianapolis, IN.
What is the asking price?
The asking price for this property is $214,900.
What are key features of this property?
This property features: Duplex with 3 bedrooms and 2 full bathrooms in each unit; Unit 1 includes a new 90% gas furnace, newer LVP flooring, and newer carpets; Range, refrigerator, and main‑floor washer/dryer hookups in both units
