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Single-Story Duplex
New
For Sale
$135,000

5142 English Avenue, Indianapolis, IN 46219

Residential Income, Indianapolis, IN

Property SizeContact for details
Lot Size0.13 Acres
Days on Market6

Property Features for 5142 English Avenue

General Information

Property type Residential Multi Family
Property subtype Duplex
Rooms Basement
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 Active
APN 491010116105000701
Lot size 0.13 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description Ivanhoe Hts Rev L30
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: Aug 28 Last Checked: Aug 31 at 9:06PM
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.

Located at 5142 English Avenue in Indianapolis, this 1950 bungalow-style duplex contains two 1-bed, 1-bath residences. Each unit has a separate entrance, off-street parking accessed from the alley, and an unfinished basement that can support laundry and storage needs. One residence is occupied, while the other is vacant and available for a new tenant or owner-occupant.

The property sits on a 0.13-acre lot near Irvington and along a bus route, with Downtown Indianapolis only minutes away. Vinyl and wood siding, a heat pump, and central air are among the existing building features. Residents are responsible for their own utility expenses.

Key Highlights

  • Two 1‑bed, 1‑bath units in a single‑story duplex
  • One unit occupied; the second unit is vacant
  • Private entry for each residence

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 - Two one-bedroom units feature private entrances, alley parking, and unfinished basement storage areas.
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 1‑bed, 1‑bath units in a single‑story duplex; One unit occupied; the second unit is vacant; Private entry for each residence
More about this property
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