Description

Incredible Investment or Multi-Generational Living Opportunity within Walking Distance of UIndy! Just half a mile from campus, this spacious 6-bedroom home offers charm, flexibility, and a prime location-ideal for multi-generational living or as a high-demand college rental. With nearly 2,700 sq ft of living space, it’s perfect for investors or families needing ample room. The main floor includes two bedrooms and a full bath, while the upper level offers two more bedrooms. The finished, full-sized basement-matching the footprint of the main floor-includes two additional bedrooms, a full bathroom, and a second living area. This setup is ideal for added privacy, rental income, or guests. A two-car detached garage has been partially finished, providing potential for conversion into an Accessory Dwelling Unit (ADU) for added income or multi-generational use. Situated on a 0.25-acre lot, the property also offers expansion opportunities, with the potential to split the parcel for future development. Accessibility is a plus, with a newly built handicap-accessible ramp for easy main-level entry. Original hardwood floors throughout the main and upper levels add timeless appeal, while a glass-enclosed front porch offers a year-round retreat. Whether you’re seeking a smart investment, flexible living options, or a spacious layout for multiple generations, this home delivers. Its location, versatility, and long-term potential make it truly unique. Don’t miss out-schedule your showing today!

Address

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Address: 1523 E Mills Avenue
City: Indianapolis
State/county: IN
Zip/Postal Code: 46227

Details

Updated on January 1, 2026 at 6:09 am

Property ID 22039311
Price $220,000
Property Size 2980 Sqft
Land Area 0.25 Acres
Bedrooms 4
Rooms 11
Bathrooms 2
Garages 2
Garage Size x x
Year Built 1928
Property Type Single Family Residence, Residential
Property Status Expired

Additional details

Utilities Electricity Connected,Natural Gas Connected
Cooling Central Air
Heating Forced Air,Natural Gas
County Marion
Property Type Residential
Parking Alley Access,Converted Garage,Detached,Gravel,Heated Garage,Garage Faces Rear
Architectural Style Bungalow

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Preeti Chaggar
+15109262125WhatsApp

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