55 N Kealing Avenue, Indianapolis, IN 46201
  • $369,000
  • $369,000

Description

Fully remodeled duplex offering flexibility and strong investment potential! This unique property is classified as two separate condos, allowing the option to sell units individually or hold as a full duplex for rental income. Each side features an identical floor plan with 3 bedrooms and 1 full bath, updated with modern finishes while maintaining classic character. Bright living and dining spaces provide an open feel with updated flooring, neutral paint, and great natural light. Kitchens are clean and functional with updated cabinetry and fixtures, making both units move-in ready. Perfect opportunity for owner-occupants-live in one unit and rent out the other to offset your mortgage-or for investors seeking a turnkey addition to their portfolio. One side is currently rented for $1600, offering immediate income (tenant rights apply). Whether you’re looking to generate cash flow, build equity, or take advantage of the ability to sell units separately in the future, this property offers multiple paths to value. A rare find combining flexibility, updates, and income potential!

  • Address: 55 N Kealing Avenue
  • City: Indianapolis
  • State/county: IN
  • Zip/Postal Code: 46201
  • Area: Tuxedo Park

Details

Updated on March 25, 2026 at 10:29 pm
  • Property ID 22090948
  • Price $369,000
  • Garage Size x x
  • Year Built 1920
  • Property Type Duplex, Residential Income
  • Property Status Active

Additional details

  • Cooling Central Air
  • Heating Forced Air,Natural Gas
  • County Marion
  • Property Type Residential Income
  • Parking On Street

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Preeti Chaggar

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