142 S 5th Avenue, Beech Grove, IN 46107

Property Description

Rare Opportunity: Move-in Ready Home with Income Potential! This charming 2BR/1BA residence in Beech Grove offers much more than meets the eye. Inside, enjoy updated flooring and light-filled living spaces that feel fresh and modern. * The true value-add is the fully converted detached apartment. This versatile space provides an immediate solution for a private home office or a high-demand rental unit to help offset your mortgage. * Both units are fully furnished and have been used as mid-term rentals for travelling professionals at a combined market rent of $3,200/month ($1,850 front / $1,350 back) The roof was replaced 2024; appliances are updated; and both units are vacant and ready Situated near local amenities and parks, this property combines the character of a classic home with the flexibility of a multi-functional estate.

Listing Status:

Active

Data Last Updated:

April 29, 2026 at 9:17PM

Listing Office:

Keller Williams Indy Metro S : 317-750-4998

Listing Agent:

Gloria Gear : 317-750-4998

MLS ID:

22096862

Interior

• Laundry: Main LevelLaundry Room
• A/C: Central AirOtherDuctlessHeat Pump
• Heating: Forced AirWall FurnaceNatural GasHeat Pump

Exterior

• Style: Traditional

Construction

• General: OneBlock

Location

• Road/Access: Asphalt
• Originating MLS: mibor
• School District: Beech Grove City Schools
• County: Marion

Lot

• Zoning: Beech Grove Add Sec A L11 B175491028113065000502
• View: NeighborhoodView
• Current Use: Residential

Financial

• Source: mibor