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5111 Ralston Avenue Indianapolis IN 46205
- 7
- Bedrooms
- 3
- Baths
- N/A
- SQ. Feet
(Above Ground)
- 0.13
- Acres
Unbelievable opportunity in SoBro within biking distance to the Monon. Check out this 3 bedroom/1 bath featuring hardwood floors throughout and updated kitchen & bath. The 3rd bedroom is 23x12 and is a private upstairs retreat! Enter the basement through exterior side door leading to completely updated efficiency apartment with own bathroom, kitchen with center island, living room and laundry area. We're not stopping there... A must see separate 3 bedroom 1 bath carriage house in back of property offering it's own laundry connection, bedroom with screened in balcony, updated kitchen and bath as well!! Why not live in one unit and receive income on the other 2 units!! Tenants are on a month to month lease & will continue renting if you like. All kitchens and baths have been completely remodeled for you. Conveniently located near the Monon, Jazz Kitchen, Half Liter and Mama Corolla's. Enjoy this luxury set up all to yourself or become an investor! Either way your summer just got better with this ideal set up and short bike rides on the trail to dinner & concerts in Broad Ripple!
Property Details
Interior Features
- Appliances: Electric Cooktop, Gas Cooktop, Dryer, Electric Water Heater, Disposal, Gas Water Heater, Exhaust Fan, MicroHood, Electric Oven, Gas Oven, Refrigerator
- Cooling: Central Air
- Heating: Forced Air
Exterior Features
- Features: Carriage/Guest House
- Setting / Lot Description: Sidewalks, Mature Trees, Trees-Small (Under 20 Ft)
- Porch: Covered, Deck
- # Acres: 0.13
Listing Office: F.c. Tucker Company
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Listing information last updated on March 10th, 2026 at 2:29pm EDT.
