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Duplex with Updated Water Lines
For Sale
$93,500

5210 Burgess Avenue, Indianapolis, IN 46219

Residential Income, Indianapolis, IN

Property SizeContact for details
Lot Size0.10 Acres
Days on Market54

Property Features for 5210 Burgess Avenue

General Information

Property type Residential Multi Family
Property subtype Duplex
Bedrooms 1
Bathrooms 1
Full bathrooms 1
Rooms Basement, Bedroom 1, Bathroom 1
Basement Partial, Unfinished
Subdivision Myers University Place
Elementary school district Indianapolis Public Schools
Middle school district Indianapolis Public Schools
High school district Indianapolis Public Schools
Directions GPS Friendly
Standard status Active
APN 491010179159001701
Lot size 0.10 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description Myers Univ Pl 55' E End L7 B 3 & 55' E End L8 B 3
Tax Annual Amount 2988
Legal Description Myers Univ Pl 55' E End L7 B 3 & 55' E End L8 B 3

Building Details

Year built 1910
Number of units 2
Listing Agency: CityPlace Realty
Listed By: Cory Robinson · License #RB17001811
Added: Aug 24 Changed: Oct 16 Last Checked: Oct 16 at 2:06PM
MLS# 22120781

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.

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Investment Insights

Based on property information with market context.

This duplex at 5210 Burgess Avenue in Indianapolis was built in 1910 and sits on a 0.1-acre lot. The property includes newer water lines and siding and is being offered in as-is condition. Long-term tenants and established rental income are reported, with minimal deferred maintenance also noted.

The property may be packaged with 5202/5204 Burgess and 115 N Sherman, providing an option to acquire additional listed properties together.

Key Highlights

  • Duplex built in 1910
  • 0.1‑acre lot in Indianapolis, IN 46219
  • Newer water lines and siding

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Law Firm Electrical Service HVAC Service Parking Lot & Garage Dental Office Auto Parts Store

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

431
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Two-unit property with newer water lines and siding, offered in as-is condition.
Where is this duplex located?
The property is located at 5210 Burgess Avenue Indianapolis, IN.
What is the asking price?
The asking price for this property is $93,500.
What are key features of this property?
This property features: Duplex built in 1910; 0.1‑acre lot in Indianapolis, IN 46219; Newer water lines and siding
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