617-619 N Riley Avenue, Indianapolis, IN 46201

Property Description

Fantastic investment opportunity in Emerson Heights! 1925-built duplex with vintage charm (Hardwood floors! Built-in-bookcases!) and offering two 3-bed, 1-bath units + sunroom on .14 acres, with 2 parking pads and a storage shed. Both sides have long-term renters in place, which are currently on month-to-month leases, renting well below market for $600 and $650. Seller has made some improvements (see attached list); with additional updates, could see immediate upside and nearly double this rental income. Easy to maintain vinyl siding with brick (wood details!). Conveniently located near shopping, grocery stores, restaurants, and Ellenberger Park. Property is sold as-is.

Listing Status:

Active

Data Last Updated:

July 5, 2026 at 4:17AM

Listing Office:

F.C. Tucker Company : 317-527-6033

Listing Agent:

Lauren Hewitt : 317-527-6033

MLS ID:

22109986

Interior

• Laundry: Connections AllIn Basement
• A/C: Central Air
• Heating: Forced AirNatural Gas

Exterior

• General: Gutter GuardsStorage Shed

Construction

• Roofing: AsphaltShingle
• General: TwoBlockCrawl Space

Location

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

Lot

• Zoning: Emerson Hgts Sec 1 L21 B2491004133013000101
• Fencing: Chain LinkPartial
• Current Use: Residential

Financial

• Source: mibor