5456 Oliver Avenue, Indianapolis, IN 46241

Property Description

Duplex home is a money making opportunity, or ... owner may live in one side while the other side makes the mortgage payment. 1450 SF total, split equally into 2 units, 725 SF/ea. Both have 2-BR, 1-bath with tub/shower, baseboard elec heat, A/C wall unit, and a whole house attic fan. Structurally, the property is in great shape with stone veneer, slab foundation and a recent new roof. Large 8' x 50' (400 SF) covered front porch and an 8' s 46' (368 SF) back patio. Cosmetically, it needs a little love to shine again. Kitchen cabinets are good, bathtubs are good ... just needs deep clean, paint, flooring, appliances and fixtures. There is a huge detached garage (28' x 40' or 1128 SF) which could be shared or assigned to the 5458 side unit. It has a 2-car garage door and is more than 4 cars in total size. Garage has heat and a circuit breaker box and needs hooked again to power from the pole. We're thinking the left side with garage would rent for $1000/mo while the right side would be $800/mo. NO FHA or VA. *** We have Multiple Offers - Highest & Best due by Friday 5/22/2026 Please. ***