Investor Special! Duplex with big upside - 3 bed/1 bath on one side and 1 bed/1 bath on the other. Needs a rehab, but once updated this can be a cash-flow machine and a chance to build serious equity. Perfect for rental portfolio or house hack.
Sold
$86,500
5021 E University Ave, Indianapolis, IN 46201
4beds
2baths
--sqft
Multi Family, Duplex
Built in 1931
-- sqft lot
$-- Zestimate®
$--/sqft
$-- Estimated rent
Owner options
What's special
Zillow last checked: 8 hours ago
Listing updated: December 04, 2025 at 07:11am
Listing Provided by:
Laura Waters 765-418-0985,
Highgarden Real Estate,
Leyton Wellbaum,
Highgarden Real Estate
Bought with:
Laura Waters
Highgarden Real Estate
Leyton Wellbaum
Highgarden Real Estate
Source: MIBOR as distributed by MLS GRID,MLS#: 22064571
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
Cooling
- Central Air
Appliances
- Laundry: Other
Features
- Has basement: Yes
Property
Parking
- Details: Unit Parking(On Street)
Features
- Levels: One
- Stories: 1
- Fencing: Fenced,Full
Lot
- Size: 0.25 Acres
- Features: Curbs, Sidewalks, Storm Sewer
Details
- Parcel number: 491009149009000101
- Special conditions: As Is
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Bungalow
- Property subtype: Multi Family, Duplex
- Attached to another structure: Yes
Materials
- Stone, Vinyl Siding
Condition
- New construction: No
- Year built: 1931
Community & neighborhood
Security
- Security features: Smoke Detector(s)
Location
- Region: Indianapolis
- Subdivision: W E Smith Sub Univ Place