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$260,000 -

5147 E 16th Street Indianapolis IN 46218

-
Bedrooms
-
Baths
N/A
SQ. Feet
(Above Ground)
0.28
Acres

Extensively Updated Duplex - Great Investment Opportunity! This well-maintained duplex features two separately metered units (1535 & 5147) and has seen over a decade of thoughtful updates and investments. Whether you're an investor or an owner-occupant, this property offers solid value and peace of mind with major improvements already completed. Major Updates Include: * 2023: New water heater (1535 side). * 2022: Trees professionally trimmed along the back of the property (from 30' to 14'). * 2020: New sidewalks for both units and a parking pad added for 5147 New gutters (1535 & 5147 front). * 2018: Side door added to garage from 1535 backyard. * 2017: Complete renovation of 1535 unit including kitchen, bath, flooring, lighting, appliances (fridge & dishwasher replaced again in 2022), and a fully updated bonus room in the basement. New garage door opener (right side), new steel/security doors. * 2017: New security door on 5147. Metal/vinyl soffit and trim installed on all sides. * 2014: New furnace and central air for both units * 2014: New laminate flooring in living/dining area (5147). * 2012/2013: New water line from street to 5147 unit with cleanout * 2009/2010: New windows throughout both units * 2008: Full renovation after purchase - new tile in kitchens and baths, PEX plumbing, new kitchen (5147), new fencing, new garage doors * 2007: Roof replaced prior to purchase. Appliances Included: * 1535: Gas stove, refrigerator, microwave, dishwasher, washer & dryer. * 5147: Electric stove, refrigerator

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Property Details

Price: $260,000 Previously: $260,000 Originally: $299,000 Bathrooms: 0.00 MLS #: 22041285 Year Built: 1948 Township: Warren Type: Residential Income Zip Code: 46218 City: Indianapolis Subdivision: Justus 16th St Add County: Marion School District: Indianapolis Public Schools

Interior Features

Interior Features:
  • Cooling: Central Air

Exterior Features

Exterior Features:
  • Setting / Lot Description: Corner Lot, Mature Trees
  • # Acres: 0.28

Listing Office: Re/max Realty Group

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Listing information last updated on October 30th, 2025 at 4:41pm EDT.

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