5147 E 16th Street, Indianapolis, IN 46218
  • $260,000
  • $270,000

Description

Extensively Updated Duplex – Great Investment Opportunity! This well-maintained duplex features two separately metered units (1535 & 5147) and has seen over a decade of thoughtful updates and investments. Whether you’re an investor or an owner-occupant, this property offers solid value and peace of mind with major improvements already completed. Major Updates Include: * 2023: New water heater (1535 side). * 2022: Trees professionally trimmed along the back of the property (from 30′ to 14′). * 2020: New sidewalks for both units and a parking pad added for 5147 New gutters (1535 & 5147 front). * 2018: Side door added to garage from 1535 backyard. * 2017: Complete renovation of 1535 unit including kitchen, bath, flooring, lighting, appliances (fridge & dishwasher replaced again in 2022), and a fully updated bonus room in the basement. New garage door opener (right side), new steel/security doors. * 2017: New security door on 5147. Metal/vinyl soffit and trim installed on all sides. * 2014: New furnace and central air for both units * 2014: New laminate flooring in living/dining area (5147). * 2012/2013: New water line from street to 5147 unit with cleanout * 2009/2010: New windows throughout both units * 2008: Full renovation after purchase – new tile in kitchens and baths, PEX plumbing, new kitchen (5147), new fencing, new garage doors * 2007: Roof replaced prior to purchase. Appliances Included: * 1535: Gas stove, refrigerator, microwave, dishwasher, washer & dryer. * 5147: Electric stove, refrigerator

  • Address: 5147 E 16th Street
  • City: Indianapolis
  • State/county: IN
  • Zip/Postal Code: 46218

Details

Updated on February 28, 2026 at 3:57 pm
  • Property ID 22041285
  • Price $260,000
  • Land Area 0.28 Acres
  • Garages 2
  • Garage Size x x
  • Year Built 1948
  • Property Type Duplex, Residential Income
  • Property Status Withdrawn

Additional details

  • Cooling Central Air
  • County Marion
  • Property Type Residential Income
  • Parking Detached
  • Architectural Style Ranch

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Preeti Chaggar

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