5008 E Raymond Street, Indianapolis, IN 46203

• 4 beds |
• 1 bath |
• 1,120 sqft

Property Description

Charming updated 4-bedroom, 1-bath home situated on an oversized lot of over a quarter acre with an incredible feature - a detached 2-car garage with a fully finished 2-bedroom, 1-bath apartment above! This unique setup offers endless possibilities for multi-generational living, guest quarters, rental income, Airbnb potential, home office space, or private accommodations. The apartment features its own separate HVAC system, water heater, and electric meter, providing added convenience and independence. The main home offers an open-concept living and dining area with soaring 9-foot ceilings, abundant natural light, and updated flooring throughout. The spacious layout flows seamlessly into the beautifully refreshed kitchen featuring stylish cabinetry, updated countertops, stainless steel appliances, and plenty of cabinet space. The updated bathroom adds modern finishes while the basement provides excellent storage and additional usable space. Outside, enjoy the expansive yard with plenty of room for entertaining, gardening, pets, or future outdoor additions. The oversized detached garage and separate apartment truly set this property apart, creating a rare opportunity for homeowners and investors alike. Whether you are looking for additional income potential or extra flexible living space, this property delivers exceptional value and versatility. Schedule your showing today!

Listing Status:

Active

Data Last Updated:

May 20, 2026 at 6:17AM

Listing Office:

Realty of America LLC : 317-627-3468

Listing Agent:

Javier Espinoza : 317-627-3468

MLS ID:

22102447

Interior

• General: High CeilingsPantry
• Appliances: DryerElectric Water HeaterGas OvenRange HoodRefrigeratorWasher
• Basement: Partial
• A/C: Central Air
• Heating: Forced AirNatural Gas

Exterior

• General: Carriage/Guest HouseStorage Shed
• Style: Traditional
• Other Structures: Covered
• Parking: DetachedGravelWorkshop in Garage

Construction

• General: OneBlockCrawl Space

Location

• Originating MLS: mibor
• School District: Indianapolis Public Schools
• County: Marion

Lot

• Zoning: Machlan Terrace L2 Ex R.O.W. Takes491016113003000101
• Fencing: Partial

Utilities

• Water: Public

Financial

• Source: mibor