$255,000

Multi-Family For Sale
0.15 Acres
517 Wallace Ave
Indianapolis, IN

About This Property

Check out this spacious two bedroom Emerson Heights duplex! One unit is occupied with a long term tenant and the other is vacant and rent ready. Makes as a great long term rental or house hack it and enjoy the mid-town life. Both units are two bedroom with one and half bathrooms, similar floor plans with partial basements and have large concrete parking pad and deck on the back. Renovated to the studs in the early 2000's, this home features updated plumbing, electric, newer HVAC, roof and gutters all done in 2023. A short walk to the local park and bike trails so you can quickly be downtown or in Irvington. Book your showing today!

Key Details

Property Type Multi-Family For Sale
Listed Mar 18, 2026
Lot Size 0.15 acres
MLS # 2992691867
Status Active

Location