56 S Irvington Ave, Indianapolis, IN 46219

Description

Historic Charm Meets Turnkey Investment in Irvington! An exciting opportunity to own a rare, beautifully updated 4-unit multifamily property in the heart of the Historic Irvington District! With a mix of 1- and 2-bedroom units plus attic living space, this turnkey property offers historic character, modern updates, and excellent flexibility for investors or owner-occupants. Units 1 and 4 are leased through March 2027. Unit 2 is a 2-bedroom, 1-bath unit recently vacated by a long-term tenant due to a job transfer, creating an excellent opportunity for immediate occupancy or additional rental income. Unit 3 is also vacant. Inside, you'll find beautiful wood floors, stunning 10-foot ceilings, graceful curved arch doorways, French doors, and decorative glass details that showcase the home's timeless character. Outside, enjoy the welcoming front porch and back deck-perfect for relaxing with friends, playing a board game, or simply enjoying the cool evening breeze. The location is hard to beat! Walk to the nearby library, grab coffee at a local shop, enjoy a meal at one of the area's restaurants, or use nearby public transportation. Ellenberger Park is close by for walking, jogging, exercise, and enjoying the outdoors. Recent updates include five furnaces and central air systems about 3 years old, a water heater about 3 years old, and a roof about 14 years old. A wonderful opportunity to own a piece of Irvington's history while enjoying the flexibility and potential of a well-maintained multifamily property. Come discover all this special property has to offer!