5724 Julian Avenue, Indianapolis, IN 46219
Marion County
Key Facts
Description
Unbeatable investment opportunity to own this 6-plex as a package with other Indy properties operating as 4.8-star and above airbnb and get their ratings. These mid-term furnished rentals (15 units in total)- 1305 Ringgold (duplex with 3br/3.5ba townhouses), 717 Randolph (duplex with 2br/2ba townhouses), 1525 Kennington (duplex with 3br/2ba townhouses),1529 Kennington (2br/1ba SFH) and 5724 Julian each of the six 1 bedroom/1 bathroom units have been thoughtfully renovated a few years back. As part of the renovations, the basement was transformed to create a laundry room, supplies room and storage rooms. Additional highlights include a parking lot with 6 dedicated parking spaces at the rear of the property with space for 2 extra spots. All properties currently operate as high-performing mid-term furnished rentals and corporate housing (1 to 6 month stays) with high ROI, these property presents a turnkey investment opportunity with strong income potential. Higher income potential if operated as short-term rentals.
Property Information
Property Type
Residential Income
Sub-Type
Multi Family
Style
Ranch
Year Built
1948
Living Area
4,032 sq ft
Lot Size
0.27 acres
Garage Spaces
4
Zoning
D6
Days on Market
1
MLS® Listing#
22105936
Property Features
Cooling
Heating
Basement
Parking
Laundry
Fencing
Construction
Foundation
Security
Utilities
Financial Details
Parcel Number
491003175007000701
Directions
GPS Friendly
Affordability Calculator
$580,000
Estimated monthly payment
$15,435/mo
Principal $2,320,000 · Est. interest $3,236,606 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Indianapolis, IN
- $276,705
- Median Listing Price
- 55
- Median Days on Market
- 1,638
- Median Sq Ft
- $159
- Median Price / Sq Ft
- 3,249
- Active Listings
- This home’s price is 948% above the area median.
- Its price per sq ft is 352% above the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Indianapolis, IN.
Location
Points of Interest in Indianapolis, IN
Showing the Indianapolis area map.
Nearby Schools
Irvington Preparatory Academy
School · 0.3 mi away
George W. Julian School 57
Elementary · 0.3 mi away
Thomas Carr Howe Community High School
Secondary · 0.8 mi away
Irvington Community School
School · 0.9 mi away
Christian Park School 82
Elementary · 1.2 mi away
Ralph Waldo Emerson School 58
Elementary · 1.2 mi away
Anna Brochhausen School 88
Elementary · 1.3 mi away
Indiana School of Phlebotomy
Secondary · 1.4 mi away
Scecina Memorial High School
Secondary · 1.5 mi away
Saint Therese School
Secondary · 1.6 mi away
Little Flower Catholic School
School · 1.6 mi away
Minnie Hartmann Elementary School
Elementary · 1.8 mi away
Holy Spirit School
Secondary · 1.8 mi away
Mechanical Skills
Secondary · 2.0 mi away
Indianapolis Lighthouse Charter School
School · 2.1 mi away
Ips School
School · 2.1 mi away
Lowell Elementary School
Elementary · 2.1 mi away
Mathematics Pentathlon
School · 2.1 mi away
Paramount Englewood
Secondary · 2.3 mi away
Purdue Polytechnic High Schools
Secondary School · 2.3 mi away
Commute Calculator
Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 3333 Founders Road, Indianapolis, IN | $2,100,000 | — | — | 19,380 |
| 333 Massachusetts Avenue PH1, Indianapolis, IN | $2,100,000 | 3 | 4 | 4,251 |
| 2000 Dr Martin Luther King Jr Street, Indianapolis, IN | $2,200,000 | — | — | 35,900 |
| 7440 N Illinois Street, Indianapolis, IN | $2,250,000 | 5 | 4 | 6,279 |
| 1831 Bellefontaine Street, Indianapolis, IN | $2,300,000 | — | — | 12,100 |
| 8134 Dean Road, Indianapolis, IN | $2,300,000 | 2 | 4 | 4,065 |
Moving Cost Estimate
EXIT Agents in Indianapolis
Listing Courtesy: Compass Indiana, LLC - lisa.phillips@compass.com
Last Updated: 2026-06-08