Homes for sale - 2853 E Riverside DR, Indianapolis, IN 46208

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Taylor Thomas

realtor@taylorthomasrealty.com +1(317) 502-5098

Listed by Andy Ludlow • eXp Realty, LLC

$ 199,900

Est. payment | -/mo

6,969 Sqft Lot

Save

$ 199,900

Est. payment | -/mo

Save

6,969 Sqft Lot

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Subdivision Browns Parkview

MLS Listing ID 22069805

Year Built 1931

Tax Year 2024

Lot Size 6,969 Sqft

Acres 0.16

Property Sub-Type Duplex

Property Description

Endless Potential Across from Riverside Park! Turnkey investment, Convert for creative income, or live-in opportunity in the popular Riverside neighborhood! This duplex bungalow at 2853-2855 Riverside Dr offers two spacious 2-bedroom, 1-bath units, each with a full, dry basement and original hardwood floors adding timeless character. Long-term tenants currently occupy both sides at $950/month per unit, providing stable income from day one. However, there's plenty of upside potential-convert to short-term rentals like Airbnb(1 car garage could be great game area), potentially convert the basements into additional units. Near major employers, like Riley Children's Hospital, making mid-term visiting nurses or similar housing an option. Or it's a great candidate to house hack by living in one side and renting out the other. Enjoy the unbeatable location directly across from Riverside Park and the White River, complete with walking trails, tennis courts, and an aquatic center. Take in peaceful park & trail views from the covered front porch, or explore nearby Marian University, IU Indianapolis, Children's Museum, downtown Indy, and White River Trail, all within easy reach. With easy interstate access, public transit nearby, and growing neighborhood revitalization, this property offers the ideal blend of stability, flexibility, and future potential. A rare opportunity in one of Indy's fastest-growing areas-perfect for investors or buyers looking to build wealth and enjoy a great location.

Location

State IN

County Marion

Rooms

Basement Daylight, Full, Unfinished

Interior

Heating Forced Air, Natural Gas

Cooling Central Air

Equipment Sump Pump

Fireplace N

Exterior

Garage Spaces 1.0

Roof Type Asphalt,Shingle

Building

Story One

Foundation Block

Architectural Style Craftsman, Bungalow, Ranch, Traditional

Structure Type Aluminum Siding,Brick

New Construction false

Schools

School District Indianapolis Public Schools

GET MORE INFORMATION

Taylor Thomas

Broker-Owner | Lic# RB19001934

realtor@taylorthomasrealty.com

+1(317) 502-5098

9465 Counselors Row, Ste. 200, Indianapolis, IN, 46240

2853 E Riverside DR Indianapolis, IN 46208

Taylor Thomas

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

2853 E Riverside DR