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517 N Riley Avenue

517 N Riley Avenue Indianapolis, IN 46201

Multi-Family (2-4 Units) MLS #: 21976588 Courtesy Of David Brenton's Team

$229,000

0.14 acres
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Estimated monthly payments: $1,001/mo.* (recalculate)
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Property InformationDescription

Investment opportunity in this 2-unit multifamily home in Emerson Heights. Explore this home via an interactive 3D home tour, complete with floor plans, video & more. Each unit includes 3 bedrooms and 1 full bathroom on the upper level. The main level features a great room, formal dining room, & kitchen. Both sides have basement storage. Hardwood flooring and custom built-in cabinetry accent the historic architecture. New roof and some new mechanicals. Before closing, a new air central conditioner will be installed for the 517 unit. A 2-car garage with alley access for additional storage. Fully-fenced backyard. Several recent renovations have been completed to the 517 unit. The 519 unit has not been renovated. Both units have separate meters, and the tenants pay their own bills. Do not disturb the tenant in the 519 unit. Write any Purchase Agreement subject to seeing the 519 unit. Once accepted, an appointment will be scheduled to view it.

Features

  • Age: Over 50 Years Old
  • Amenities: Basement
  • Architecture Style: Other
  • Cooling System: Central A/C
  • Exterior Type: Aluminum Siding, Brick
  • Heating Fuel: Natural Gas
  • Heating System: Forced Air
  • Lot Size: 0.14 Acres
  • Roof Type: Unknown
  • Rooms: Basement

MAP & DIRECTIONS

MAP & DIRECTIONS

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517 N Riley Avenue, Indianapolis, IN 46201
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School Information

517 N Riley Avenue, Indianapolis, IN 46201

Elementary School
Grades KG-8 | Public School
CENTER FOR INQUIRY SCHOOL 2
Indianapolis, IN 46202
725 N New Jersey St
317.­226.4202
Distance: 3.4 mi
School Rating
C+
Student:Teacher Ratio
11:1
Total Students
438
Elementary School
Grades PK-8 | Public School
ROUSSEAU MCCLELLAN MONTESSORI SCHOOL 91
Indianapolis, IN 46205
5111 Evanston Ave
317.­226.4291
Distance: 5.3 mi
School Rating
C
Student:Teacher Ratio
14:1
Total Students
587
Elementary School
Grades PK-8 | Public School
IPS BUTLER UNIVERSITY LABORATORY SCHOOL 55
Indianapolis, IN 46220
1349 E 54th St
317.­226.4255
Distance: 5.8 mi
School Rating
D+
Student:Teacher Ratio
12:1
Total Students
418
Elementary School
Grades KG-6 | Public School
GEORGE W. JULIAN ELEMENTARY SCHOOL 57
Indianapolis, IN 46219
5435 E Washington St
317.­226.4257
Distance: 0.7 mi
School Rating
C-
Student:Teacher Ratio
7:1
Total Students
183
Middle School
Grades 7-8 | Public School
ARLINGTON MIDDLE SCHOOL
Indianapolis, IN 46204
120 E Walnut St
317.­822.7980
Distance: 4.9 mi
School Rating
C
Student:Teacher Ratio
8:1
Total Students
435
High School
Grades 9-12 | Public School
SHORTRIDGE HIGH SCHOOL
Indianapolis, IN 46208
3401 N Meridian St
317.­226.2810
Distance: 4.7 mi
School Rating
D
Student:Teacher Ratio
9:1
Total Students
1077
High School
Grades 9-12 | Public School
GEORGE WASHINGTON HIGH SCHOOL
Indianapolis, IN 46222
2215 W Washington St
317.­693.5555
Distance: 6.1 mi
School Rating
D
Student:Teacher Ratio
9:1
Total Students
798
High School
Grades 9-12 | Public School
CRISPUS ATTUCKS HIGH SCHOOL
Indianapolis, IN 46202
1140 Dr Martin Luther King Jr St
317.­226.2800
Distance: 4.5 mi
School Rating
D+
Student:Teacher Ratio
10:1
Total Students
1157
High School
Grades 9-12 | Public School
ARSENAL TECHNICAL HIGH SCHOOL
Indianapolis, IN 46201
1500 E Michigan St
317.­693.5300
Distance: 2.6 mi
School Rating
D+
Student:Teacher Ratio
10:1
Total Students
2103
High School
Grades 9-12 | Public School
PURDUE POLYTECHNIC HIGH SCHOOL
Indianapolis, IN 46225
525 S Meridian St Ste Lla
317.­832.1200
Distance: 4.0 mi
School Rating
D-
Student:Teacher Ratio
22:1
Total Students
543
Other Nearby Schools Distance Type Grades School Rating
Ralph W. Emerson Elementary School 58 0.4 mi Public PK-6 D+
Our Lady Of Lourdes School 0.6 mi Private PK-8
Little Flower Catholic School 0.7 mi Private PK-8
Shepherd Academy 0.8 mi Private PK-5
Scecina Memorial High School 0.8 mi Private 9-12
Christian Park Elementary School 82 1.0 mi Public KG-6 D+
Anna Brochhausen Elementary School 88 1.3 mi Public KG-6 D
Brookside Elementary School 54 1.5 mi Public KG-6 D+
Paramount Englewood 1.5 mi Public 5-8 A-
Paramount Brookside 1.7 mi Public KG-8 A
St Philip Neri School 1.7 mi Private PK-8
Irvington Community School 1.8 mi Public KG-12 C
The Oaks Academy - Brookside 1.8 mi Private PK-5
Thomas D. Gregg Elementary School 15 1.9 mi Public PK-6 C
James Russell Lowell Elementary School 51 2.1 mi Public PK-6 D+
Victory College Preparatory Academy 2.2 mi Public KG-12 B-
Trinity Christian School 2.2 mi Private PK-12
Theodore Potter Magnet Elementary School 74 2.5 mi Public KG-6 C-
H. L. Harshman Magnet Middle School 2.5 mi Public 7-8 D-
This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

Demographic Data

Indianapolis, IN 46201

Median Age: 35.1
Married: 24%
Number of Households: 12,648
Households with Children: 23.2%
  • Occupancy Types
    • 0 Vacant
    • 0 Owned
    • 0 Rented
  • Transportation to Work
    • 0 Drive
    • 0 Public Transportation
    • 0 Walk / Bike / Other
    • 0 Work at Home
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