$435,000

beds

baths

5234 N College Avenue

Indianapolis, Indiana 46220

New / MLS #22028246 / Multiple Unit (2-4) / Meridian Kessler - Indianapolis

Listing information updated 3/23/2025 at 5:46pm

Large remodeled duplex in the heart of Meridian-Kessler, offering the perfect blend of charm, modern updates, and a highly walkable location. Each spacious unit features 3 bedrooms and 1.5 bathrooms with updated kitchens and bathrooms completed in 2021. The major mechanicals of HVAC systems and water heaters were also replaced in 2021 for added peace of mind. Tenants enjoy private, fenced-in yards and convenient off-street parking. Ideally located walking distance from some of Indy's favorite local spots, this property offers unbeatable access to the area's best dining and neighborhood amenities. The 5234 unit is leased month-to-month at $1,750, while the 5236 unit is leased at $1,675 through May 31, 2025. This is solid investment opportunity in one of Indianapolis' most sought-after neighborhoods perfect for a an investor or house-hacker.

Full Features

Basement:

Unfinished

Beds Above Grade:

Cooling System:

Central Electric

Pool:

Age:

103 Years

Water Front:

Square Feet:

N/A

Lot Size:

0.13 Acres

Acreage:

0.13

Taxes & Assessments

Tax Amount:

N/A

Tax Year:

2023

Location

Zip Code:

46220

City:

Indianapolis

County:

Marion

Schools

School District(s):

Indianapolis Public Schools

Elementary School:

N/A

Middle School:

N/A

High School:

N/A

Full Features Taxes & Assessments Location Schools

Basement:

Unfinished

Beds Above Grade:

Cooling System:

Central Electric

Pool:

Age:

103 Years

Water Front:

Square Feet:

N/A

Lot Size:

0.13 Acres

Acreage:

0.13

Listing Office: Berkley & State, LLC

Agent Contact Information: morgan@berkleyandstate.com

Disclaimer: The data relating to real estate for sale on this website comes courtesy of MIBOR REALTOR® Association as distributed by MLS GRID. Real estate listings held by brokerage firms other than @properties are marked with the Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 3/23/2025 at 5:46pm. 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.

Neighborhood Market Trends

Meridian Kessler - Indianapolis, IN

Located just four miles north of downtown Indianapolis, Meridian-Kessler is a historic community in Midtown. The area includes many different types of housing, from mansions on Meridian Street to quaint homes to vintage apartments. College Avenue and the intersection at 49th and Pennsylvania provide...

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5234 N College Avenue is a multiple unit (2-4) currently listed at $435,000. 5234 N College Avenue features 6 Beds, 2 Baths. This multiple unit (2-4) has been listed on @properties IND since March 21st, 2025 and was built in 1922.

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