58 E Southern Avenue Indianapolis, IN 46225
Listing Courtesy of: MIBOR as distributed by MLS GRID / Listed By: Julie Steele, Century 21 Scheetz; Brian Sanders, Scheetz

  58 E Southern Avenue Indianapolis, IN 46225

Active (1 Days)
$200,000 (USD)
2
BED
2
BATH

Description

Looking for your next opportunity? Don't miss your chance to add a turnkey duplex to your portfolio or become an owner-occupant and start investing while living in the second unit. Two-unit property featuring similar floor plans with 1 bed, 1 bath, private living space, outdoor porch area, and a basement on each side. Close proximity to downtown, restaurants, shopping and Garfield Park. This charming, two parcel, corner property (one side on 58 E Southern and the other on 2560 S Pennsylvania) has separate utilities, updated vinyl plank flooring (58 Southern), new bathroom tub and sink, updated lighting/ceiling fans and roof approximately 5 years old. Property includes two off street concrete parking spots. The unit on Pennsylvania is currently rented for $1,000 a month with a lease through July 31, 2028. The unit on Southern is currently open to rent between $900 - $1000 a month or the owner could choose to move in. Tenants pay utilities and owners expenses are taxes at $1718 semi-annually and insurance. Room sizes should be confirmed by buyer. Please note, out of respect for privacy of current tenants, photos and showing availability are for 58 E Southern only.

MLS #:
22129608
Taxes
$1,718(2025)
Lot Size
9,670 SQFT
Type
Multifamily
Year Built
1923
School District
Indianapolis Public Schools
County
Marion County
Community
Center

Listed By

Julie Steele, Century 21 Scheetz
Brian Sanders, Century 21 Scheetz
Source
MIBOR
Last checked Oct 30 2026 at 12:10 AM GMT+0000
Bathroom Details
Subdivision
  • Shrewburys Worthus Add
Property Features
  • Foundation: Block
Heating and Cooling
  • Forced Air
Exterior Features
  • Aluminum Siding
  • Wood Siding
  • Roof: Asphalt
Stories
  • 1
Location
   
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Estimated Monthly Mortgage Payment

*Based on Fixed Interest Rate withe a 30 year term, principal and interest only

Listing price
Down payment
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Interest rate
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Mortgage calculator estimates are provided by C21 Scheetz and are intended for information use only. Your payments may be higher or lower and all loans are subject to credit approval.
Disclaimer: Copyright 2023 Metropolitan Indianapolis Board of Realtors (MIBOR). All rights reserved. This information is deemed reliable, but not guaranteed. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 7/20/23 06:55
Based on information submitted to the MLS GRID as of 10/30/2026 00:10. 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.