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$200,000

58 E Southern Avenue, Indianapolis IN, 46225

Price per sqftN/A
Built in1923
Property typeMulti-family
Courtesy of CENTURY 21 Scheetz, Julie Steele Listing Contact:

Overview

Active

Listed Oct 29, 2026

Updated 3 days ago

Looking for your next opportunity? Don't miss your chance to add a turnkey duplex to your portfolio or become an owner-occupant and start investing while living in the second unit. Two-unit property featuring similar floor plans with 1 bed, 1 bath, private living space, outdoor porch area, and a basement on each side. Close proximity to downtown, restaurants, shopping and Garfield Park. This charming, two parcel, corner property (one side on 58 E Southern and the other on 2560 S Pennsylvania) has separate utilities, updated vinyl plank flooring (58 Southern), new bathroom tub and sink, updated lighting/ceiling fans and roof approximately 5 years old. Property includes two off street concrete parking spots. The unit on Pennsylvania is currently rented for $1,000 a month with a lease through July 31, 2028. The unit on Southern is currently open to rent between $900 - $1000 a month or the owner could choose to move in. Tenants pay utilities and owners expenses are taxes at $1718 semi-annually and insurance. Room sizes should be confirmed by buyer. Please note, out of respect for privacy of current tenants, photos and showing availability are for 58 E Southern only.

$1,331/mo

Est. mortgage payment based on a $200,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
22129608

Interior Features

Heating
Yes
Basement
Yes

Exterior Features

Lot Size
0.22 Acres

Other Property Details

Municipality
Center

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Based on information submitted to the MLS GRID as of 4:08 AM UTC on 10/30/2026. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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