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Kade Koch

kade@kadekochrealty.com +1(317) 697-7953

Listed by Andy Ludlow • eXp Realty, LLC

$ 199,900

Est. payment -/mo

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Active

2853 E Riverside DR Indianapolis, IN 46208

6,969 Sqft Lot

UPDATED:

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(2 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 2.0

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

SCHOOLSPROPERTIES

Elementary Schools 20

6

Center For Inquiry School 2

Public | KG - 8
5

Guion Creek Elementary School

Public | KG - 5
5

Ernie Pyle School 90

Public | PK - 6
3

William a Bell School 60 Reggio Academy

Public | PK - 3
3

Mary E Nicholson School 70

Public | KG - 5
2

Riverside School 44

Public | PK - 6
1

Clarence Farrington School 61

Public | KG - 6
1

Stephen Collins Foster School 67

Public | KG - 6
1

Cold Spring School

Public | KG - 6
1

Wendell Phillips School 63

Public | KG - 6
1

Elder W Diggs School 42

Public | PK - 6
1

James Whitcomb Riley School 43

Public | KG - 8
1

Louis B Russell Jr School 48

Public | PK - 6
0

St Michael-St. Gabriel Archangels Catholic Eleme

Private | PK - 8
0

Purpose of Life Academy

Private | PK - KG
0

Padua Academy

Public | KG - 8
0

School of Knowledge

Private | PK - 12
0

International School of Indiana

Private | PK - 12
0

Holy Angels Catholic School

Private | PK - 6
0

Flanner House Elementary School (Charter)

Public | KG - 6

Middle Schools 6

0

Cardinal Ritter High School

Private | 7 - 12
0

Basic Preparatory Academy

Private | 7 - 12
0

George Washington Community Jr High School

Public | 7 - 8
0

Crispus Attucks Med Mgnt Jr High School

Public | 6 - 8
0

Carpe Diem - Meridian Campus

Public | 6 - 12
0

Shortridge Law & Pub Pol Mag Jr High School

Public | 6 - 8

High Schools 8

10

Herron High School

Public | 9 - 12
5

Crispus Attucks Medical Magnet High School

Public | 9 - 12
4

Shortridge Law & Public Plcy Mg High School

Public | 9 - 12
1

George Washington Community High School

Public | 9 - 12
1

Indianapolis Metropolitan High School

Public | 9 - 12
0

Providence Cristo Rey High School

Private | 9 - 12
0

The Excel Center - Lafayette Sq

Public | 9 - 12
0

Excel Center for Adult Learners

Public | 9 - 12

School and business data provided by Attom Data.

Kade Koch

Broker Associate

+1(317) 697-7953

Kade Koch

2853 E Riverside DR Indianapolis, IN 46208

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

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2853 E Riverside DR