4652 N Kenwood Avenue, Indianapolis, IN 46208
Local realty services provided by:Schuler Bauer Real Estate ERA Powered
4652 N Kenwood Avenue,Indianapolis, IN 46208
$515,000
- - Beds
- - Baths
- - sq. ft.
- Multi-family
- Active
Listed by:elizabeth ewbank
Office:highgarden real estate
MLS#:22048154
Source:IN_MIBOR
Price summary
- Price:$515,000
About this home
This 3,100+ SF Butler-Tarkington duplex has been beautifully renovated and updated with all the modern conveniences while maintaining its historic charm. Both sides are currently rented to great tenants with timely payment histories with an annual gross rental income of $45,600. There are separate HVAC, electric, and water meters for each unit, and there is plenty of parking in the detached two-car garage bay with overhead garage door openers and extra off-street parking in the long driveway. The location is incredible; this duplex is nestled on a quiet street surrounded by established homes in Washington Township- about a block away from the Indiana Governor's Mansion and within easy walking distance to both Butler University and Meridian-Kessler amenities & just 10 minutes from downtown. The hardwoods, original woodwork, built-ins and vintage glass doorknobs create a warmth and character hard to match. On both sides, the kitchens have updated appliances that convey, and there are laundry hook-ups in the large basement that offers dedicated storage areas for each unit. Another huge convenience is that each side has a half bathroom on the main level in addition to the (fully renovated) full bathrooms upstairs. In unit 1 (4652 N Kenwood Avenue), the elegant double doors in the family room lead out to a covered porch perfect for enjoying the spacious yard and mature trees. In unit 2 (137 W 47th Street), there is a spacious screened-in porch with access to a private backyard. Both units have stately living rooms with fireplaces, plus another large room that serves as extra living space for use as a second living room, a study or dining room! Don't miss out on this updated, cash-flowing investment located in an established area with strong appreciation potential and a strong GRM of 12, right in line with comps.
Contact an agent
Home facts
- Year built:1940
- Listing ID #:22048154
- Added:85 day(s) ago
- Updated:September 25, 2025 at 01:28 PM
Heating and cooling
- Cooling:Central Electric
- Heating:Forced Air
Structure and exterior
- Year built:1940
- Lot area:0.19 Acres
Schools
- Elementary school:Center for Inquiry School 84
Utilities
- Water:Water
- Sewer:Separate Sewer Meter, Sewer
Finances and disclosures
- Price:$515,000
New listings near 4652 N Kenwood Avenue
- Open Fri, 4 to 6pmNew$220,000Active3 beds 2 baths1,824 sq. ft.
642 Division Street, Indianapolis, IN 46221
MLS# 22062849Listed by: EXP REALTY, LLC - New$240,000Active3 beds 2 baths1,537 sq. ft.
10343 E 21st Place, Indianapolis, IN 46229
MLS# 22063670Listed by: F.C. TUCKER COMPANY - New$265,000Active3 beds 2 baths1,822 sq. ft.
17 N Randolph Street, Indianapolis, IN 46201
MLS# 22064064Listed by: TRUEBLOOD REAL ESTATE - New$400,000Active4 beds 2 baths2,052 sq. ft.
5501 Indianola Avenue, Indianapolis, IN 46220
MLS# 22064792Listed by: @PROPERTIES - New$172,000Active2 beds 2 baths1,405 sq. ft.
6230 Amberley Drive # U104, Indianapolis, IN 46237
MLS# 22064846Listed by: BLUPRINT REAL ESTATE GROUP - New$309,900Active3 beds 2 baths1,403 sq. ft.
8645 Carrollton Avenue, Indianapolis, IN 46240
MLS# 22064848Listed by: CENTURY 21 SCHEETZ - New$369,900Active5 beds 3 baths2,600 sq. ft.
5222 Cartland Drive, Indianapolis, IN 46239
MLS# 22064915Listed by: DRH REALTY OF INDIANA, LLC - Open Sat, 1 to 3pmNew$180,000Active3 beds 1 baths1,166 sq. ft.
1729 E Epler Avenue, Indianapolis, IN 46227
MLS# 22064919Listed by: @PROPERTIES - New$80,000Active2 beds 1 baths688 sq. ft.
2048 N Euclid Avenue, Indianapolis, IN 46218
MLS# 22064928Listed by: EVERHART STUDIO, LTD. - New$110,000Active2 beds 1 baths672 sq. ft.
1754 Asbury Street, Indianapolis, IN 46203
MLS# 22064930Listed by: EVERHART STUDIO, LTD.